1) Creating A Budget And Understanding Your Goals

Jumpstart your mutual fund investment process by creating a budget and understanding your goals. Your goals could be like (1) fund for retirement (2) fund for children higher education, and (3) fund for children marriage.

mutual fund investment companies offer different types of products tailored for different needs – like Debt Funds, Equity Funds, Fixed Maturity Funds (FMPs), Growth Funds, Hybrid Funds, Income Funds, Liquid Funds, Pension Funds, Tax-Saving Funds (ELSS); so it is important to research each of these types of funds carefully, and you come to know that which would be great fit for you.

2) How Much You Want To Save

The next step is to consider how much money you want to save over a period of time and the frequency with which you would like to make deposits. Starting a systemic investment plan (SIP) for each of the above mentioned goals would be a great idea. One can start with as little as INR 1000 per month and then increase SIP amount every passing year.

Doing so will help you determine how often a mutual fund should be rebalanced, and ultimately helps maximize returns over time.

3) Evaluating Mutual Funds

Define what factors are most important to you when evaluating mutual funds. CertainFunds may emphasize certain areas like stocks or bonds, so it’s important to understand what those priorities are before investing.

4) Be Mindful Of Fees And Expenses

Be mindful of fees and expenses when making your investment decision.

Some tracking website tools will show all fees associated with a particular mutual fund, while others only show typical fees such as purchase/redemption fees and loads (a fee charged when you buy a mutual fund). Being aware of all possible costs can help keep costs down in the long run.

5) Do Your Homework

Take the time needed to do your homework on each fund before investing, as there are many variables involved in selecting the right one for you. By doing your own research, you can make an informed choice about which funds would be adding value to your portfolio over time.

6) Ideal Investment Plan

Finally, remember that no one “ideal” investment plan exists – everyone’s situation is unique, so assessing whether taking on mutual fund risk is appropriate for you may take some time and effort up front.

But by following these simple mutual fund investment tips, setting realistic deadlines, and conducting periodic reviews of your portfolio, you’ll be on your way to building a successful mutual fund portfolio!

Disclaimer: The contents and data presented here are just for your information & personal use only. While much effort is made to provide the information, I ( Vishal Dalwadi ) or “Fin Blab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post 6 Mutual Fund Investment Tips to Generate Better Returns appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

Krishna Institute of Medical Sciences: History

• The very first hospital from the KIMS Group was founded in the year 2000 at Nellore (Andhra Pradesh) by Dr. Bhaskar Rao Bollineni (a cardiac surgeon) who has performed 30,000 plus surgeries.
• In the year 2004, KIMS group’s flagship hospital, krishna institute of medical sciences, secunderabad hospital was established, which is now a 1000-bedded hospital.
• In the year 2015, KIMS Hospital received the first “Green Operation Theater” certification in Telangana and Andhra Pradesh.
• The company successfully raised INR 2170 Cr through krishna institute of medical sciences limited ipo in the year 2021 and became a publicly listed company.

Krishna Institute of Medical Sciences: Business

(KIMS) Hospitals is one of the largest corporate healthcare groups in India with hospitals in Andhra Pradesh, Telangana, and Maharashtra.

The Company offers a bouquet of comprehensive healthcare services across 25 specialties including Cardiology, Cardiothoracic and Cardiovascular surgery, Dermatology, Dental, Diabetology, ENT, Gastroenterology, Oncology, Nephrology, Neurology, Neurosurgery, Obstetrics & Gynecology, Organ Transplantation, Orthopedics, Pediatrics, Pulmonology, Plastic Surgery, Rheumatology, Robotics and Urology.

The KIMS Hospital Group is certified by NABH (National Accreditation Board for Hospitals) and NABL (National Accreditation Board for Testing and Calibration Laboratories).

Total Bed Capacity

The company operates 13 multi-specialty hospitals across the states of Andhra Pradesh, Telangana, and Maharashtra under the KIMS Hospitals brand, with an aggregate bed capacity of 4000.

The KIMS Group has hospitals in Secunderabad, Hyderabad, Visakhapatnam, Nagpur, Kondapur, Ongole, Rajahmundry, Srikakulam, Nellore, Anantapur, and Kurnool.

Affordable Pricing Model

The Company has successfully implemented its affordable pricing model in its hospitals.

In Tier 1 cities, their prices across medical procedures are on average 20 to 30 percent lower than other private hospitals in the country.

In FY22, their Analysis of ROI for Pharmaceutical Promotion (ARPP) is INR 121,232, which has improved from INR 84,388 in FY18.

Listed On:

The share of Krishna Institute of Medical Sciences Ltd is presently listed on the Bombay Stock Exchange (BSE); CODE 543308 and National Stock Exchange (NSE) as KIMS

Stock Info: Krishna Institute of Medical Sciences

Share Holding Pattern

Financials

Conclusion

KIMS is one of the largest corporate healthcare groups in India; providing multi-disciplinary integrated healthcare services at an affordable cost.

Promoters of the company are having more than 38 percent stake.

Along with this, some of the top institutions like Nomura India Investment Fund Mother Fund, Mirae Asset Emerging Bluechip Fund, Axis Mutual Fund Trustee Limited, India Advantage Fund, Hdfc Life Insurance Company Limited, Tata AIA Life Insurance Co Ltd, and General Atlantic Singapore Kh Pte Ltd is having more than a 1% stake in the company (as of June 2022).

Krishna Institute of Medical Sciences consolidated numbers for June 2022; Net Sales at INR 495.5 Cr (UP 4.8% Y-O-Y and 33% Q-O-Q) while Net Profit at INR 79.25 Cr

On the technical front, KIMS share is trading above its 20 EMA (1361) and 50 EMA (1297) on the daily chart.

Keeping the above-listed factors in mind, KIMS looks good at INR 1450. Finblab recommends investing in the stock in a staggered manner for the medium to the long haul (3 to 5 years period).

Also Read: Can Fin Homes Limited – Value Pick Stock September 2022

Disclaimer: The contents and data presented here are just for your information & personal use only. While much effort is made to provide the information, I (Vishal Dalwadi) or “FinBlab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

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These two words sound fabulous when we hear them from someone as it gives us the feeling of having a lot of money and of course retiring early and not working unless we want to work.

Enjoying financial freedom is very much possible if we thoroughly follow a perfect set of rules in our life. Continue reading.…

What is Financial Freedom?

To put it in a simple way “Financial Freedom or Financial Independence is the prestige of having plenty of wealth or plenty of money sufficient to pay one’s living or day-to-day expenses for the rest of one’s life without depending on others”

Now the question arises ‘how to achieve financial freedom’

Here are 5 such tips that will help generate huge wealth…

Create A Budget

The very first step to financial freedom is to create a budget.

A budget helps you stay focused on what’s really important and gives you a clear picture of where your money goes.

You should set aside time each month to review your spending habits and make adjustments if necessary.

Pay Off Debt

Once you have created a budget, you need to pay off any debts you have.

If you don’t have any debt, great!

But if you do, start paying off the smallest balances first. Once you have paid off a certain amount, move on to the next smallest balance until you have paid off all of your debt.

Make Saving a Habit

You should be saving at least 10% of your income each month.

When you save money, you are investing in yourself and building wealth. Plus, having extra money means you won’t have to rely on credit cards.

Invest Wisely

Investing doesn’t mean just putting money into stocks. There are many different types of investments out there like Mutual Funds, Government schemes, etc…

You may also like to read MUTUAL FUNDS INVESTING: 4 TIPS CAN MAKE YOU MILLIONAIRE

You must decide whether you want ‘short-term gains’ or ‘long-term growth’. Do you want to diversify or focus on specific sectors?

To invest wisely, consider how long you want your money to work for you. You can take the help of a certified planner as well.

Live Below Your Means

‘Living below your means’ means not buying anything unless you absolutely need it. It’s okay to enjoy life and buy things you want now and then, but try not to go overboard.

Happy Independence Day

Also Read

SYSTEMATIC INVESTMENT PLAN: HOW ADVANTAGEOUS IT IS FOR THE INVESTORS

Disclaimer: The contents and data presented here are just for your information & personal use only. While much effort is made to provide the information, I ( Vishal Dalwadi ) or “Fin Blab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Financial Freedom: 5 Tips to follow this Independence Day appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

If you ask someone who is successfully investing in the stocks for a long time or have witnessed several market cycle would say that long term is infinite, and for him, long term investment time period never ends.

This is because a serious long term investor would want to hold on to his/her investment forever. Because for him it’s more about attitude than a number. And this is the first lesson one has to learn if he/she wants to create wealth through long term investing.

So the question arises what long term investors do differently than average investors? Here are five lessons to learn from long term investors and at the same time you would also learn why long term investment is good.

1st, long term investors take time to understand what they are doing and why (or) we can say that they spend more time with their research before taking any call/decision.

In our society we find many people who invest through an IPO; there could be many reasons behind this (1) either they have heard about IPO via any news channels, or (2) their broker recommend it, or (3) a friend, colleague, or a relative suggest it, or (4) they have made some money by buying IPOs earlier and still holding that stock. But let me tell you they are not long-term investors.

If there is no method for selecting investments, they are not long-term investors. Such individuals would always want to all about their investment. As said earlier, they spend time and effort on learning about the company, management, and its products/services etc… In short, they believe in research and analysis.

It is said that if one pick the right business (company) and right management at the right price (of course through deep research) they can create huge wealth for themselves.

2nd, long term investors are realistic in their approach when it comes to return on investments and they do not expect miracles to happen overnight.

Serious long-term investors know that there is no certain formula for picking winning stocks (of course right business and right management at the right price are helpful) and they are happy with average returns and also keep return expectation normal.

If they able to manage 15% CAGR in the long run, they have successfully beaten inflation rate (which is 4% to 7% on an average in India) and earned more than what the bank FDs would produce (which is 7% to 8% in India) and still create a tremendous amount of wealth.

Here is a list of returns (CAGR) some of the world’ greatest investors have generated over long periods of time –

3rd, long term investors accept economic (investment) cycles as reality.

They always know that a growing economy (like BRICS nations, India and China in particular) will create a large number of enthusiasts, who will set up, expand, grow, and showcase their businesses as investment opportunities. The precisely know that a cycle of huge demand will take the stock price up and the business could make profits.

Long term investors are also called smart investors since they hold the key to sense this optimism would become irrational when bad quality stocks get money and average investors rush to buy junk stocks. In other words, we can say that when penny stocks tend to make headline long-term investors quickly feel that the market is overdone and they exit the market.

In short, they sincerely apply the Warren Buffett philosophy “be fearful when others are greedy and be greedy when others are fearful”

4th, long term investors acknowledge their mistakes and make improvements.

This is one of the most important lessons one needs to learn if he/she wants to be successful in the stock market game.

Do keep in mind that stock market is one of the easiest fields to get in but to achieve success and create wealth you need to spend time for thorough research and importantly accept the mistakes even though you’ve done tremendous research and hard work to find a good business.

Long term investors keep tracking their investment and anticipating a growth over a longer period of time and if something doesn’t work well in between they hold the courage accept the mistakes and take action when the big picture seems to be changing.

5th, they accept investing as passion and don’t think of getting overnight success.

Long term investors are more fundamentally grounded. They are well aware of the fact that there are several other players in the market who express their views on the stocks and don’t see price fluctuation as a selling opportunity to make a quick gain.

Most importantly they do not make decisions based on tips, tricks, and thumb rules. Rather, they see investing as a passion, apply their own strategies and decide the proportion to invest, constantly monitor and manage how the portfolio is doing. This is the reason why finding long term investment bet is tough.

These are some the lessons that help you stand out from the others and able to generate sizeable wealth (of course over a longer period of time)

Also Read –

Finblab’s Value Pick Stock for the month of March 2019 – Kirloskar Brothers Limited

Disclaimer: The contents and data presented here are just for your information & personal use only. While much effort is made to provide the information, I ( Vishal Dalwadi ) or “FinBlab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post 5 Lessons to Learn from Long Term Investors appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

Pay All Debts That Have an Interest Rate > 9 Percent

With the increasing interest rates, all the debts that have an interest rate more than 9 percent would fall in this category. Pay off all the obligations that have an interest rate higher than what you can earn by investing in a risk-free investment.

Assume a risk-free investment gives you 8% to 9% returns (Liquid Funds, Ultra Short Term Funds, Fixed Maturity Plans, and Company Deposits would fall in this category) and you have a loan on which you pay 11% interest. In such a case it would be better for you to invest your money in the risk-free investment and use the interest income (plus some extra) to pay off the interest on the loan.

Any loan that has a higher interest rate should be paid back as early as possible otherwise the interest liability continues rising and your debt burden goes up over time.

Save At Least 9 Months of Necessary Expenses in Savings

Everybody has their monthly expenses. This includes basics like clothing, food, housing EMIs, travel and more. Barring expenses on luxury, it would be a smart thought to know the amount you require every month. At any point in time, it is advisable to put at least 9 months of necessary expenses in savings.

Where to Invest: This money should ideally be invested in risk-free instruments and easily gettable. A bank saving account or fixed deposits are the best options to park this money.

Save 9 Percent of Your Monthly Income for Retirement

Once you’re done with saving up to meet your expenses, you should be saving at least 9 percent of your monthly income for retirement. This looks like a low saving rate for us Indians, yet this is the best minimum that one attempt to achieve.

Where to Invest: These funds should ideally be parked in long-term investment options (like a mutual fund or PPF) depending on your risk taking capacities. It is advisable to keep this investment for a long period of time (for 15 to 20 years) and imagine the kind of corpus that you would have at the end of this time period. The power of compounding comes in and the funds multiply over the time period.

Initially following these steps may seem difficult. But followed diligently and with discipline, it does become possible. And by following these steps, you would soon be debt free and have sustained savings. This, in turn, can compound over time leading to large wealth for you.

Disclaimer: The contents and data presented here are just for your information & personal use only. While much effort is made to provide the information, I ( Vishal Dalwadi ) or “Fin Blab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

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