Goals give us direction. They put a powerful force into play on a universal, conscious, and subconscious level. Goals give our life direction. As we set out for the new decade, I am sure many of us are making one, some or many goals and recalibrations in our heads atleast, even if they are not spelt out as resolutions. If you are consciously looking at your financial goals, what I am about to say may make sense to you. And if financial goals are not in your mind space at all at this moment, I hope I can make you tweak your mind space a bit.
Most of our life goals have an underlined financial goal:
Important to plan:
Importance of starting:
Avoid investing basis “Tips, Tradition or Timing”:
Importance of informed Advise from an expert:
In conclusion, giving you the broad perspective of the growing mutual fund industry - The Total Asset Under Management has crossed Rs 27 Lakh Crores with 8.65 accounts (or folios as per mutual fund parlance) as on November 30, 2019.This is 66th consecutive month witnessing rise in the no. of folios. There is a reason why there is continued and sustained growth in the number of investors investing into mutual funds. And it is not the just the Sensex rising or falling. It is an indication of the growing number of matured and educated investors who are staying invested "inspite" of the short term negative returns, with an understanding that the Sensex is a reflection of only a handful of stock performance and believing because of historical data points that staying invested and investing regularly will lead them towards wealth generation in the long term.
We at L&T Mutual Fund believe in our strong investment philosophy which is further complimented by our internal processes and guidelines. We believe our funds have and will stand the test of challenging times as they are guided by fundamentals of objective based investing, asset quality management and our quality of stock selection.
Season’s Greeting and New Year Wishes to you on behalfour entire team at L&T Mutual Fund. We hope to continue partnering you in your financial journey and thus achieve your life goals.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.