PowerMF Blog – Empower Yourself

The month of November 2009 has been one of the most important months in the evolution of PowerMF as a platform. Read the rest of this entry »

For investing in a mutual fund scheme, choosing the right scheme is very important. The following 6 parameters will be useful in order to idenfity a right scheme.

1. Scheme Objective and its suitability to you

The ‘Objective of the Scheme‘ ( detailed info in earlier blog post ) is the goal the scheme wants to achieve by investing in various securities. Generally, this also provides for the length of investment that is ideal in the scheme. One should necessarily take this into consideration while deciding on the scheme he is interested in investing. One of the ways to look at the schemes is through grouping the schemes with similar objectives . Generally schemes are categorized in various categories and sub categories. PowerMF segregates the schemes under various categories depending on the asset class the scheme invests in and sub classes based on investment objective of the scheme under these asset classes

Equity Schemes:

Schemes which have investment in equities as the main objective.  There are various sub categories under equity schemes, some of which are: Diversified Schemes; Mid Cap Schemes, Small Cap Schemes, Schemes focusing on specific sectors like Banking, Technology etc. Theme based schemes like Infrastructure, Service Industries etc. ELSS Schemes, ETFs, International Equity etc.

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Hello! My name is Fundu Vishy – Your “Mutual”  friend in the ‘often considered complicated but not actually so’ world of Mutual Funds in India.

In this first blog post, I will take the opportunity to introduce PowerMF and how it is going to ‘empower you’ – the investor to easily manage your mutual fund investments on this platform.

Over the past few months, there have been many developments in the Mutual Fund Industry. The recent ‘No Load’ guidelines by SEBI, implemented with effect from August 1, 2009, will probably go down as one of the most important developments in the mutual fund industry since the rules that allowed private players to enter the Fund Management business. This new development is expected to have a major impact in the way Mutual Fund Distribution happens in the market, and more importantly, how the investors are going to invest and manage their Mutual Fund investments in the coming days.

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