Yadnya Investments - 108 Questions & Answers on Mutual Funds & SIP

• All the examples mentioned in the book are chosen arbitrarily and we do not endorse any of the Mutual Fund schemes mentioned in the examples in anyway.
• We dont have any partnership, allegiance or love for any financial company, bank or financial products.
• We have taken the utmost care to keep the information completely unbiased.
• All the information such as returns, interest rate, expense ratio, Fund Portfolio etc. are in the reference to the 1 st July 2018 data.
• All the NAVs, returns and expense ratio mentioned in the book are of Regular & Growth plans of mutual funds unless mentioned otherwise.
• All the company names, trade names, trademarks, designs, copyrights, products referenced in this book are the property of their respective owners. No company references in this book sponsored this book or the contents thereof.
• Although the author and publisher have made every effort to ensure that the information in this book was correct at press time, the author and publisher do not assume and hereby disclaim any liability to any party for any loss or damage caused by errors or omissions, whether such errors or omissions result from negligence, accident, or any other cause.
• This book is not intended as a substitute for the financial advice in any way. The reader should regularly consult a financial advisor in matters relating to his/her individual money needs.
• References are provided for informational purposes only and do not constitute endorsement of any websites or other sources.
• You should seek the services of a competent professional financial advisor before investing in Mutual Funds.
• Mutual Fund investments are Subject to Market Risk, always read the scheme related documents before investing.

In our work of leading Yadnya Investments, our goal is to impart unbiased Investment education so that every Indian can take an informed decision about his/her money. In doing so, we talk to many investors: young, working and retired; low, medium and high income group; low, medium and high risk takers. Each one of them has continuously challenged us and inspired us to make money management simpler and easier.

Each day, I answer at least 50 questions on money management, which prompted me to write this first book on frequently asked and very relevant questions on one of the most popular investment option today Mutual Funds. Mutual Fund industry in India has grown exponentially since entry of private players in early 1990s. Today, they manage more than 24 Lakh Crore worth of assets, which is increasing very rapidly!

Purpose of this book is to simplify how, what and why questions on Mutual Funds and the ones related to systematic transactions (SIP, STP, SWP etc.).

After reading this book, I am sure you will be able to take informed decisions on your investments, will be able to ask right questions to your investment advisor and will be able to understand all type of Mutual Funds in India. This book is India specific and all the information, rules and regulations are written keeping in mind only the Indian market.

I have updated this book with changes due to introduction of LTCG tax on Equity in budget 2018 and changes due to SEBIs new regulation on categorization and rationalization of Mutual Funds.

I would like to thank Gaurav, co-author of this book who came up with this idea of a book to simplify the concepts for all. I am profoundly grateful to all my clients for asking all the relevant and difficult questions, which helped me to read & learn more.

I would also like to thank Ashwini and Manisha for reviewing, editing and improving the work and giving relevant suggestions. Manik and Rahil have helped us in connecting our ideas to a wider market.

Finally, I would like to thank my family for their support and patience during the process of writing this book.

Parimal Ade

July 2018

Written by

Parimal Ade & Gaurav Jain

Founders

Yadnya Investments

Notion Press

Old No. 38, New No. 6

McNichols Road, Chetpet

Chennai - 600 031

First Published by Notion Press 2017

Copyright Yadnya Investments 2017

All Rights Reserved.

eISBN 978-1-947697-86-7

This book has been published with all reasonable efforts taken to make the material error-free after the consent of the author. No part of this book shall be used, reproduced in any manner whatsoever without written permission from the author, except in the case of brief quotations embodied in critical articles and reviews.

The Author of this book is solely responsible and liable for its content including but not limited to the views, representations, descriptions, statements, information, opinions and references [Content]. The Content of this book shall not constitute or be construed or deemed to reflect the opinion or expression of the Publisher or Editor. Neither the Publisher nor Editor endorse or approve the Content of this book or guarantee the reliability, accuracy or completeness of the Content published herein and do not make any representations or warranties of any kind, express or implied, including but not limited to the implied warranties of merchantability, fitness for a particular purpose. The Publisher and Editor shall not be liable whatsoever for any errors, omissions, whether such errors or omissions result from negligence, accident, or any other cause or claims for loss or damages of any kind, including without limitation, indirect or consequential loss or damage arising out of use, inability to use, or about the reliability, accuracy or sufficiency of the information contained in this book.

Dedicated To

Indian Investors

The word Yadnya means a holy fire where oblations, chanting of hymns, and offerings are given. Yadnya contributes to the moral and spiritual upliftment of the society.

True to our name, we are offering our time, knowledge and focus to the holy fire of financial literacy in India. We are committed to the cause of financial upliftment of our society.

Mission

Our Mission is to educate and simplify concepts of personal finance for every Indian.

We dont have any partnership, allegiance or love for any financial company, bank or financial products. We are more neutral than cricket umpires. You can get completely unbiased and reason based coaching from us. Period!

What we offer?

We utilize multiple ways to spread knowledge and coach people about simple and impactful fundamentals of managing their own money

1. YouTube Channel youtube.com/InvestYadnya One of the largest and fastest growing personal finance channel in India. In English and Hindi Language.
2. Financial Planning portal https://investyadnya.in Here you can create your Financial Plan for Free and get it reviewed by experts.
3. Facebook Page facebook.com/InvestYadnya
4. Twitter Handle Twitter.com/InvestYadnya
5. Class room trainings on multiple topics Introduction to Financial Concepts, Financial Planning, Retirement Planning, Insurance Planning, Tax Planning, Investment Options, Know your Salary and many more.
6. We are Yadnya!

A mutual fund can do for you what you would do for yourself if you had sufficient time, training, and money to diversify, plus the temperament to stand back from your money and make rational decisions.

Venita VanCaspel

1. WHAT IS A MUTUAL FUND?