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Maxiom Wealth
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Is SIP an alternative for monthly saving?

  • by Ram Kalyan Medury
  • April 25, 2024March 2, 2026

A Systematic Investment Plan is the best way of monthly saving and grow a large corpus to meet your financial… Read More »Is SIP an alternative for monthly saving?

I’m looking to invest 20k in a mutual fund for 2 months and expecting a return of 15%. Which funds should I opt for?

  • by Ram Kalyan Medury
  • April 25, 2024March 2, 2026

This depends on how many mutual funds you are holding. It does not make sense to invest in too many… Read More »I’m looking to invest 20k in a mutual fund for 2 months and expecting a return of 15%. Which funds should I opt for?

Which is better option if I have to invest 5000/month, sip of 1000/-in 5 Mounds or sip of 5000/-in a single fund?

  • by Ram Kalyan Medury
  • April 25, 2024March 2, 2026

This depends on how many mutual funds you are holding. It does not make sense to invest in too many… Read More »Which is better option if I have to invest 5000/month, sip of 1000/-in 5 Mounds or sip of 5000/-in a single fund?

How do mutual funds calculate NAV?

  • by Ram Kalyan Medury
  • April 25, 2024March 2, 2026

The assets held by the fund are valued at their closing prices, the TER and any other liabilities are deducted… Read More »How do mutual funds calculate NAV?

Can I change a bank account linked to a SBI mutual fund in the case of a direct plan?

  • by Ram Kalyan Medury
  • April 25, 2024March 2, 2026

Yes, regardless of the type of plan, you can change the bank account linked to the Mutual Fund. To prevent… Read More »Can I change a bank account linked to a SBI mutual fund in the case of a direct plan?

Which is the best SIP mutual fund for five years?

  • by Ram Kalyan Medury
  • April 25, 2024March 2, 2026

It is difficult to predict for five years in advance as to which fund will consistently deliver the goods. You… Read More »Which is the best SIP mutual fund for five years?

What does the current market price in the stock market indicate?

  • by Ram Kalyan Medury
  • April 25, 2024March 2, 2026

The current value that buyers attach to a company’s profit streams. The aggregate will be the value of the entire… Read More »What does the current market price in the stock market indicate?

What is the relevance and significance of the ISIN number in SIP (mutual funds)?

  • by Ram Kalyan Medury
  • April 25, 2024March 2, 2026

For you as an investor there is no significance. This is a mere identification number that the ISIN Organization provides.… Read More »What is the relevance and significance of the ISIN number in SIP (mutual funds)?

Is the Investica application good to invest in mutual funds? What are the best apps for this?

  • by Ram Kalyan Medury
  • April 25, 2024March 2, 2026

Thanks for the request to answer. There are a few mutual fund apps out there. You must go for one… Read More »Is the Investica application good to invest in mutual funds? What are the best apps for this?

Is MF Utility a good platform to invest in direct mutual fund plan?

  • by Ram Kalyan Medury
  • April 25, 2024March 2, 2026

When you invest in Mutual Funds, you are ideally looking for not just a transaction platform but for selection, advice and support.… Read More »Is MF Utility a good platform to invest in direct mutual fund plan?

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