ALT Investment Services

Indian's love for Gold is never-ending. We Indians love buying gold on every occasion of life. The sale of Gold is most during Indian festivals. Giving gold as a gift to the bride is a tradition of every Indian marriage. This makes India one of the largest consumers of Gold. There are two types of buyers of Gold. One that buys Gold for investment Purpose and others that buy gold for consumption or internal satisfaction. With regards to Investment Purpose, the problem here is that we buy it in jewelry form. When you buy Jewellery, you have to pay for something called making charges . Second the purity , this is something which is always you can't be sure about. This may depend upon the place or store you buy. The third is  safety , if you keep at home, there is always a fear of getting stolen. Even bank lockers are not safe. Fourth polishing charges , after some years, you may feel the need to polish the jewelry. Hence when it comes to investing, we need to look for alternat...

One of my favorite categories of Mutual funds is the Multi-cap fund. Every mutual fund investor must have one multi-cap fund in their portfolio. What is a Multi-cap fund? As depicted in the above picture, A Multi-cap fund is an open-ended equity scheme that invests across large-cap, mid-cap, and small-cap stocks. There is no restriction with regards to minimum allocation to large-cap, mid-cap, or small-cap stocks. Here the fund manager has complete control to decide the amount of money that can be invested in large-cap, mid-cap, or small-cap stocks. One of the best performing Multi-cap funds is the  Kotak Standard Multi-cap fund . Here is the complete Review of this Fund: Mutual Fund House: Kotak Mahindra Mutual fund (Established 1998) Fund (Scheme) Name: Kotak Standard Multi-cap Fund (Started on Sept 11 2009) AUM (Asset under Management): This fund has AUM of Rs.23,881 Cr on March 2019. Below is the Investment Strategy of this fund : This fund fo...

UR Advisor- Altaf Sayyad Here is the Ideal way to start your Investment Journey: First start with creating Emergency Fund Emergency fund is the amount of money that will be helpful or can be used during emergency situation like sudden job loss, medical expenses or any urgent money requirement. Individuals should create at least (Minimum) 3 months of salary or 6 times of Monthly expenses as Emergency fund. You can keep this kind of money in Liquid mutual funds or Savings account for Quick access. Second the most important, plan for Life and Medical Insurance : Everyone knows the important of Life and Medical Insurance. Buying insurance should be you utmost priority before starting any investment. For Life insurance- Buy Basic Term Plan. It provides high cover at lowest premium. The early you buy less premium you pay. You can refer my article on Best Online Term Plans . For Medical Insurance- Buy Basic Mediclaim Plan+any riders. Even if you have employ...

The Best time to invest in ELSS Mutual fund is at the start of the Financial Year. Start your SIP in an ELSS fund in April instead of waiting for the Last Quarter. What is ELSS Mutual Fund? ELSS Mutual fund is a diversified equity-linked saving scheme (ELSS) that invests in a mix of large-cap, midcap, and small-cap companies. Being an ELSS scheme, the scheme comes with dual advantages of building wealth and saving tax. They are also known as Tax Saving Mutual fund. These funds have a 3-year lock-in which is one of the lowest amongst other tax saving instruments. A 3-year lock-in ensures that the money stays invested in equities and does not get perturbed by market ups and downs. Add to it, the fund manager can take much informed decision and look through the interim volatility.   One of the Best ELSS Mutual fund to Invest in Axis Long Term Equity Fund. Axis Long Term Equity Fund Fund House & Fund Start Date: Axis Mutual Fund – The Ninth Largest Mutual...

National Pension System (NPS) is a pension cum investment scheme launched by the Government of India to provide old age security to Citizens of India. It brings an attractive long term saving avenue to effectively plan your retirement through the safe and regulated market-based return. The Scheme is regulated by Pension Fund Regulatory and Development Authority (PFRDA). Better Returns, Tax Benefits, and Choice of funds make NPS an attractive investment than other Tax Savings Instruments. NPS account can be opened online by making an initial investment/contribution of Rs.500. The minimum amount to be deposited annually in the account is Rs.1000. Below are steps to open NPS account Online : 1. Go to eNPS Website :  https://enps.nsdl.com/eNPS/NationalPensionSystem.html On the Right-hand side, click on the National Pension System. Image Source : enps.nsdl.com 2.Click on Registration. Image Source : enps.nsdl.com 3.Online Subscription re...