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I'm a Student Looking to Learn More About Mutual Funds - Where Should I Start?

Ramalingam

Ramalingam Kalirajan  |10208 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Oct 14, 2024

Ramalingam Kalirajan has over 23 years of experience in mutual funds and financial planning.
He has an MBA in finance from the University of Madras and is a certified financial planner.
He is the director and chief financial planner at Holistic Investment, a Chennai-based firm that offers financial planning and wealth management advice.... more
Yash Question by Yash on Oct 13, 2024Hindi
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Can you tell me a source from where I can gain knowledge about mutual fund industry

Ans: If you're looking to deepen your knowledge about the mutual fund industry, there are several trusted and reliable sources you can explore.

Here are a few key ones that will help you gain a comprehensive understanding:

AMFI (Association of Mutual Funds in India)
AMFI is a primary regulatory body for mutual funds in India.

Their website is a great resource for understanding the basics of mutual funds.

They provide regular updates, news, and reports about the industry.

AMFI publishes guidelines, investor education materials, and regulations that are helpful in building your knowledge.

Website: www.amfiindia.com

SEBI (Securities and Exchange Board of India)
SEBI is the regulator for the securities market, including mutual funds.

Their website provides regulations, circulars, and reports on the mutual fund industry.

SEBI’s publications help you stay updated with the regulatory changes and investor protection guidelines.

Website: www.sebi.gov.in

Mutual Fund Houses
Most mutual fund houses in India provide educational resources for investors.

Websites of major fund houses have sections that cover basics, advanced strategies, and investor tips.

They also offer blogs, newsletters, and FAQs to keep you updated on new trends in the mutual fund industry.

Example: ICICI Prudential, HDFC Mutual Fund, SBI Mutual Fund.

Morningstar India
Morningstar is a trusted global investment research firm.

It offers comprehensive research on mutual funds, fund comparisons, and performance ratings.

The site also has articles, news, and updates on Indian mutual funds.

Website: www.morningstar.in

Value Research
Value Research provides data and analysis on mutual funds, stocks, and personal finance.

The platform offers fund comparisons, performance tracking, and expert commentary on various funds.

Their articles and news updates help you stay informed about the latest trends in the mutual fund industry.

Website: www.valueresearchonline.com

Business News Platforms
Platforms like Economic Times, Moneycontrol, and Livemint have dedicated sections on mutual funds.

They provide market insights, expert opinions, and regular updates about the mutual fund industry.

News platforms help you stay updated with changes in regulations, new fund offerings, and market trends.

Mutual Fund Blogs and Podcasts
Blogs by Certified Financial Planners (CFPs) or Mutual Fund Distributors (MFDs) often provide in-depth analysis and insights.

Some popular podcasts and YouTube channels by financial experts focus on mutual funds, discussing topics in a simplified way.

You can follow CFPs or financial experts on social media for their perspectives on mutual fund strategies.

Books on Mutual Funds
Books written by Indian financial experts give deep insights into mutual funds and their role in wealth building.

Some well-known titles include "The Intelligent Investor" by Benjamin Graham (adapted to Indian context), "Common Stocks and Uncommon Profits" by Philip Fisher, and "Let's Talk Money" by Monika Halan.

These books can provide a long-term perspective on investing and mutual fund strategies.

Certified Financial Planners
Engaging with a Certified Financial Planner (CFP) can help you gain practical knowledge.

CFPs provide customized advice and financial planning services, which help in understanding how mutual funds fit into your overall portfolio.

Finally, the mutual fund industry is constantly evolving. It’s important to stay informed about regulatory changes, taxation policies, and performance metrics by regularly visiting these sources.

Best Regards,

K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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Ramalingam

Ramalingam Kalirajan  |10208 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 11, 2024

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Hi sir, How to get the services of the professional brokerages for mutual fund planning.
Ans: Please search for "online financial planning & Retirement planning services with a Holistic Approach" in Google and then follow thebelow steps with the results.

follow these steps:

Research: Start by researching reputable brokerage firms that offer mutual fund advisory services. Look for firms with a strong track record, experienced financial advisors, and a range of services tailored to your needs.

Consultation: Schedule a consultation with the brokerage firm to discuss your financial goals, risk tolerance, investment preferences, and other relevant factors. This initial meeting will help the advisor understand your needs and recommend suitable investment strategies.

Advisory Services: Once you've selected a brokerage firm, the advisor will work with you to develop a personalized mutual fund investment plan. They will recommend specific funds based on your financial objectives and provide ongoing guidance to help you navigate the market.

Account Setup: The brokerage firm will assist you in setting up investment accounts and facilitate the purchase of mutual funds according to your investment plan. They will also help you monitor your portfolio and make adjustments as needed.

Regular Reviews: Schedule periodic reviews with your advisor to assess the performance of your mutual fund investments, review changes in your financial situation, and make any necessary adjustments to your investment strategy.

Fees and Charges: Understand the fee structure associated with the brokerage firm's services, including advisory fees, transaction costs, and any other charges. Ensure that you are comfortable with the costs involved before proceeding with the services.

By following these steps, you can access the expertise of professional brokerages to assist you in mutual fund planning and investment management.

..Read more

Ramalingam

Ramalingam Kalirajan  |10208 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 27, 2024

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Please tell me about mutual fund investments good r not . How to get more profit.
Ans: Mutual funds pool money from many investors. They invest in a diversified portfolio of securities. They offer an accessible way to invest in the stock market.

Advantages of Mutual Funds

Professional Management: Managed by experienced fund managers. They make informed investment decisions.

Diversification: Invest in a variety of assets. Reduces risk by spreading investments.

Liquidity: Easy to buy and sell. You can access your money quickly.

Affordability: Start with a small amount. Suitable for all income levels.

Transparency: Regular updates on performance. Know where your money is going.

Types of Mutual Funds

Equity Funds: Invest in stocks. Higher risk but potential for higher returns.

Debt Funds: Invest in bonds. Lower risk and provide stable returns.

Hybrid Funds: Combine stocks and bonds. Balance risk and return.

Actively Managed Funds vs. Index Funds

Actively managed funds are handled by professional managers. They aim to outperform the market. Index funds track a specific market index. They aim to replicate its performance.

Disadvantages of Index Funds

Limited Flexibility: Can't adapt quickly to market changes.

Market Fluctuations: More exposed to volatility.

Potential Lower Returns: May underperform actively managed funds.

No Downside Protection: Can't protect against market downturns.

Benefits of Actively Managed Funds

Expert Management: Managed by skilled professionals.

Better Adaptability: Adjust to market conditions.

Higher Returns Potential: Identify and invest in undervalued stocks.

Risk Management: Employ strategies to mitigate risks.

Why Choose Regular Funds Through a Certified Financial Planner

Professional Guidance: Get tailored advice based on your goals.

Holistic Financial Planning: Consider your overall financial situation.

Ongoing Support: Regular adjustments to your investment strategy.

Better Resources: Access to extensive research and tools.

Disadvantages of Direct Funds

Lack of Guidance: Make decisions on your own.

Time-Consuming: Requires extensive research and monitoring.

Higher Risk: Greater potential for mistakes.

Maximising Profits in Mutual Funds

Start Early: The earlier you start, the more you can benefit from compounding.

Stay Invested: Long-term investments tend to yield better returns.

Diversify: Spread your investments across different funds and asset classes.

Review Regularly: Monitor your portfolio and make adjustments as needed.

Consult a CFP: Get expert advice to align investments with your goals.

Final Insights

Mutual funds are a good investment option. They offer diversification, professional management, and liquidity. Actively managed funds often provide better returns than index funds. Investing through a Certified Financial Planner gives you professional guidance and ongoing support. To maximise profits, start early, stay invested, diversify, review regularly, and consult a CFP.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

www.holisticinvestment.in

..Read more

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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