"கூழுக்கும் ஆசை மீசைக்கும் ஆசை" "பேராசை பெரும் லாபம்"

பேராசை பெரும் லாபம். 

மாற்றுவோம் எல்லோரும் சொல்லும் அந்தப் பழைய பழமொழியை. அடைவோம் நாம் பெரும் லாபத்தை‌ .

கனரா ரொபெக்கோ எமர்ஜிங் ஈக்விட்டி திட்டத்தின் SYSTEMATIC WITHDRAWAL PLAN திட்டத்தின் மூலம். இது போன்ற பல மியூச்சுவல் ஃபண்ட் கம்பெனிகள் அருமையான திட்டங்களை கைவசம் கொண்டுள்ளன.

இது யாருக்கு மிகவும் நன்மை தரக்கூடியது? 

இத்திட்டம் எப்படி செயல்படுகிறது? 

உண்மையான நடைமுறை உதாரணம் என்ன?  இதைப் பற்றித்தான் இப்போது பார்க்கப் போகிறோம். 

இன்னாருக்குத்தான் இது பயனுள்ள திட்டம் என அறுதியிட்டுக் கூற முடியாதவகையில் இத்திட்டத்தின் நற்பலன்கள் அமைந்துள்ளன. 

1. பிறக்கும் குழந்தையின் பேரில் போடப்படும் தொகை அக்குழந்தைக்கு மாதாந்திர செலவுக்கும், பின்னாளில் உயர் கல்வியில் சேர கணிசமான தொகையோடு கூடிய லாபம் அளிக்கக் கூடியது. 

2. உங்கள் அன்பு மகளுக்கு  அன்புப் பரிசாகப் போடப்படும் தொகை அவளின் மாதாந்திர செலவுக்கும், அவள் குழந்தை உங்கள் பேரக்குழந்தை வளர்ந்து பெரியவர்களாகும் போது அவர்களுக்கான கல்வி அல்லது திருமண செலவுக்கு உதவக்கூடும். 

3. வாழ்க்கையில் பணி ஓய்வு பெறுபவர்கள் , ஓய்வூதியத் தொகையை முதலீடு செய்து , மாதாமாதம் செலவுக்கும் ஒரு தொகை எடுத்துக் கொண்டு இறுதிக் காலங்களில் கணிசமான தொகை கையிருப்புடன் மருத்துவச் செலவுக்கோ , அல்லது பேரக்குழந்தைகளுக்கு பெருமிதத்துடன் பரிசளிக்கவோ இயலும். 

அதாவது ஒரு மொத்த தொகையை முதலீடு செய்துவிட்டு , அதிலிருந்தே மாதாமாதம் கொஞ்சம் பணத்தையும் பெற்றுக் கொண்டு , நீங்கள் எடுத்துச் செலவழித்த தொகைபோக மீதம் உள்ள தொகை தானாக வளர்ந்து நீங்கள் முதலீடு செய்த தொகையைவிட அதிகமாகி உங்களுக்கு கூடுதலாகக் கிடைக்கும் போது அதைத்தான் 

" கூழுக்கும் ஆசை , மீசைக்கும் ஆசை" என்று  குறிப்பிட்டேன். ஈஷா சத்குரு  ஜக்கி வாசுதேவ் அவர்கள் கூறுவது போல அத்தனைக்கும் ஆசைப்படு என்பதற்கு இது நல்ல உதாரணம். 

இப்போது உங்களுக்கு புரியும் ஏன் பேராசை பெரும் லாபம் என்று‌. 

இதை ஒரு சிறு ஆதாரத்துடன் விளக்குவோம்‌. 

இது கனரா வங்கியின் CANARA ROBECO EMERGING EQUITIES FUND மூலம் 12.03 2005 ல் ரூ 10.00 லட்சம் SYSTEMATIC WITHDRAWAL PLAN மூலம் ஒருவர் முதலீடு செய்தார்.  ஒரு ஆண்டு முடிந்த பின் அதாவது 12.03.2006 முதல் ஒவ்வொரு மாதமும் ரூ 10000/- மாத  செலவுக்கு எடுத்துக்கொள்வதாக ஒப்பந்தத்தில் இந்த திட்டத்தில் சேர்ந்தார். அதே போல் மாதாமாதம் ரூ 10000/- பெற்றுக்கொண்டார். 

அதாவது 204 மாதங்கள் ரூ 10000/- வீதம் எடுத்துக் கொண்டார்.  

( 204 x 10000= 2040000). 

அதாவது போட்ட 10 லட்சத்திலிருந்து அவர் திரும்ப பெற்றுக்கொண்ட தொகை ரூ 20.40 லட்சம். இது என்னடா மாயம் என நினைப்பதை விட இன்னும் பெரிய அதிசயம் இப்போது கணக்கில் மீதமுள்ள  தொகை என்ன வென்று பார்த்தால்  ரூ 48.85 லட்சம்.  

இப்போது சொல்லுங்கள் பேராசை பெரும் லாபம் தானே. 

இது எப்படி சாத்தியபானது ? சட்ட பூர்வமாக , அரசு வங்கியின் மியூச்சுவல் ஃபண்ட் எப்படி இதைத் தர முடியும்? 

அதாவது நீங்கள் செய்த முதலீடு பங்குச் சந்தையின் வளர்ச்சிக்கேற்ப வளர்கிறது. அதே சமயம் பங்குச் சந்தை வீழ்ச்சியடையும் நேரத்தில் அதன் பாதிப்பு உங்களைத் தாக்காதவாறு பல்வேறு துறைகளில் முதலீடு செய்வதன் மூலமும், குறிப்பிட்ட கால இடைவெளிகளில் ஒவ்வொரு துறையிலும் செய்துள்ள முதலீடுகளை சிறந்த வல்லுநர்களின் ஆலோசனைப்படி  மாற்றி அமைப்பதன் மூலமும் பாதிப்பு தவிர்க்கப் படுகிறது அல்லது குறைக்கப் படுகிறது. 

அது மட்டுமின்றி இது நீண்ட காலம் வைத்திருப்பதால் கூட்டு வட்டியின் முழுமையான பயனையும் உங்களுக்கு அளிக்கிறது. 

மேலும் விளக்கமளிக்கவும்,

மியூச்சுவல் ஃபண்டு SYSTEMATIC WITHDRAWAL PLAN ல் பெரும் லாபத்தில் நீங்களும் பங்கு கொள்ள 

நேரில்/ ஃபோன்/வாட்சப் மூலம் தொடர்பு கொள்ள 

SRIDHAR RAJASEKAR S

9442388779

7010450878

(ARN No : 262703)

AMFI REGISTERED MUTUAL FUND DISTRIBUTOR

askwealth2me@gmail.com

http://p.njw.bz/26416

WHAT IS MUTUAL FUND? AN OVERVIEW

 What is a Mutual fund ?

If you are looking for a way to grow your money and achieve your financial goals, you might have considered investing in mutual funds.

But what are mutual funds and how do they work?

In this blog post, we will explain the different types of mutual funds, their advantages and disadvantages, and how they compare to other investment options like bank deposits and stock market.

Mutual funds are pools of money collected from many investors and invested in various securities like stocks, bonds, money market instruments, etc. by a professional fund manager.

The fund manager decides which securities to buy and sell based on the investment objective and strategy of the fund. The investors get units of the fund that represent their share of the fund's portfolio.

The value of each unit is called the net asset value (NAV) and it changes daily based on the performance of the underlying securities in the Stock Market.

 

There are different types of mutual funds based on their asset class, investment objective, risk profile, maturity period, etc. Some of the common types are:

- Equity funds:

These funds invest mainly in stocks of companies across different sectors, sizes, and geographies. They aim to generate capital appreciation over the long term by benefiting from the growth potential of the stock market. They are suitable for investors who have a high risk appetite and a long investment horizon.

- Debt funds:

These funds invest mainly in fixed income securities like bonds, debentures, treasury bills, etc. They aim to provide regular income and capital preservation by earning interest from the securities. They are suitable for investors who have a low to moderate risk appetite and a short to medium investment horizon.

- Hybrid funds:

These funds invest in a mix of equity and debt securities in varying proportions. They aim to balance risk and return by diversifying across different asset classes. They are suitable for investors who have a moderate risk appetite and a medium to long investment horizon.

- Money market funds:

These funds invest in very short-term debt securities like commercial papers, certificates of deposit, etc. They aim to provide liquidity and safety by earning interest from the securities. They are suitable for investors who have a very low risk appetite and a very short investment horizon.

 

- Index funds:

These funds invest in the same securities and in the same proportion as a specific market index like Nifty 50 or Sensex. They aim to replicate the performance of the index by passively tracking its movements. They are suitable for investors who want to invest in the broad market without active fund management.

- Sector funds:

These funds invest in stocks of companies belonging to a specific sector like banking, IT, pharma, etc. They aim to capitalize on the growth potential of the sector by taking concentrated bets. They are suitable for investors who have a high risk appetite and a strong conviction about the sector.

- Thematic funds:

These funds invest in stocks of companies that are related to a specific theme like infrastructure, consumption, environment, etc. They aim to benefit from the long-term trends and opportunities in the theme by taking diversified bets. They are suitable for investors who have a high risk appetite and a long-term vision about the theme.

 

Advantages of investing in Mutual funds

One of the main advantages of investing in mutual funds is that they offer diversification across different securities, sectors, and themes.

This reduces the risk of losing money due to poor performance of one or few securities.

Another advantage is that they offer professional fund management by experts who have access to research, analysis, and tools to make informed investment decisions. This saves time and effort for investors who may not have the knowledge or resources to do so themselves.

Another advantage is that they offer flexibility and convenience for investors who can choose from a wide range of mutual funds based on their risk profile, investment objective, time horizon, etc.

Investors can also start investing with as low as Rs 500 per month through systematic investment plans (SIPs) or withdraw their money anytime through systematic withdrawal plans (SWPs). Investors can also switch between different mutual funds within the same fund house without any tax implications.

Mutual funds also offer transparency and accountability for investors who can track their portfolio performance, NAVs, holdings, expenses, etc. through regular statements and reports provided by the fund house or online platforms.

Mutual funds are also regulated by the Securities and Exchange Board of India (SEBI) which ensures that they follow certain rules and guidelines to protect investor interests.

Mutual funds can also help investors save tax by investing in certain categories like equity-linked saving schemes (ELSS) which offer tax deduction under Section 80C of the Income Tax Act or debt funds which offer indexation benefit for long-term capital gains tax

 

 

How patience influence investement in Mutual fund?

 

Investing in mutual funds is not a get-rich-quick scheme. It requires patience, perseverance, and optimism to achieve your financial goals.

 

Why patience is important for mutual fund investors?

 

Patience is the ability to wait calmly for something without getting restless or anxious. It is a virtue that can help you overcome many challenges in life, including investing. Here are some reasons why patience is important for mutual fund investors:

- Patience helps you ignore short-term market fluctuations and focus on long-term performance.

The stock market is volatile and unpredictable in the short run.

It can be influenced by various factors such as economic conditions, political events, corporate earnings, global news, etc. These factors can cause the prices of stocks and mutual funds to fluctuate daily, weekly, or monthly.

However, these fluctuations do not reflect the true value or potential of the underlying companies or sectors. If you are patient and do not react to every market movement, you can avoid making impulsive decisions based on emotions such as fear or greed.

Instead, you can focus on the long-term performance of your mutual funds and their ability to generate consistent returns over time.

- Patience helps you benefit from the power of compounding. Compounding is the process of earning interest on interest or returns on returns. It is one of the most powerful forces in investing that can help you multiply your wealth over time. However, compounding works best when you invest for a long period and reinvest your earnings. If you are patient and stay invested for years or decades, you can benefit from the exponential growth of your money.

For example, if you invest Rs 10,000 in a mutual fund that gives 12% annual return and reinvest your earnings, you will have Rs 31,058 after 10 years, Rs 96,463 after 20 years, and Rs 2,99,599 after 30 years.

However, if you withdraw your earnings every year or switch your funds frequently, you will miss out on the compounding effect and end up with much less money.

- Patience helps you avoid timing the market and follow a disciplined approach. Timing the market is the act of trying to predict the best time to buy or sell stocks or mutual funds based on market trends or forecasts. It is a risky and futile strategy that can result in losses or missed opportunities. No one can accurately predict the future direction of the market or its movements. Even professional fund managers and analysts can make mistakes or miss out on some opportunities.

 

Instead of timing the market, it is better to follow a disciplined approach of investing regularly and systematically in mutual funds through SIPs (Systematic Investment Plans).

SIPs allow you to invest a fixed amount every month or quarter in a mutual fund of your choice. This way, you can average out your cost of purchase and benefit from rupee cost averaging. You can also take advantage of market dips and buy more units at lower prices.

Canara Robeco Flexi Cap fund
Launched on 10.09.2003.

After 20 years the fund has shown a NAV of Rs 213.54

ie 500000 invested in 2003 stand now at
Rs 1,06,77,000.

You read it correct. It is one crore six lakhs
A reward for your patience for 20 years.

ie Almost 20 times your money could grow for the investment made in Mutual fund with a goal and have patience.

 

How to develop patience as a mutual fund investor?

Patience is not something that comes naturally to everyone. It is a skill that can be developed and improved with practice and awareness. Here are some tips to help you develop patience as a mutual fund investor:

- Have a clear financial goal and a realistic investment plan.

Before investing in mutual funds, you should have a clear idea of why you are investing and what you want to achieve with your money. You should also have a realistic investment plan that suits your risk profile, time horizon, and return expectations.

Having a goal and a plan will help you stay focused and motivated throughout your investment journey.

- Do your research and choose your mutual funds wisely. Not all mutual funds are created equal. Some may perform better than others depending on various factors such as fund manager's expertise, investment strategy, portfolio composition, expense ratio, etc.

Therefore, you should do your homework and choose your mutual funds wisely based on their past performance, risk-return profile, consistency, ratings, reviews, etc. You should also diversify your portfolio across different types of mutual funds such as equity, debt, hybrid, etc., to reduce your risk and optimize your returns.

Instead you can contact your personal Wealth Advisor, a Mutual Fund distributor who is expertise in counselling and giving advice to choose the best fund for you. Moreover he is Registered under AMFI( Association of Mutual Funds of India) which governs and monitor those advisors/Distributors for providing you correct advice which is beneficial for the investors.

- Monitor your portfolio periodically but do not obsess over it. It is important to control the urge to withdraw the money before your Goal is reached , if you do not have the dire necessity.

The return calculated above is @ 12 % , but most mutual funds perform more than 12% and some crossing 20 % also.

Economic Scenario

Why to choose mutual funds over other investment options?

1.       Bank Deposits does not match inflation . It affects the real rate of return.

2.       Stock Markets are highly volatile and very high expertise is needed , even then the risk of loosing capital is unavoidable.

3.       Bonds and Savings schemes offer a better return ,but not at par with Mutual fund . More so the lock in period affects the liquidity if case of emergency

4.       Gold also is highly volatile and lower than the Mutual funds.

All the above issues addressed in investing in mutual funds , and it is the best investment option suggested for Long term as well as short term goals .

 

For further free counselling over phone/personal please feel free to contact :-

 

S.Sridhar Rajasekar

9442388779

AMFI Registered Mutual Fund Distributor.

Mutual Fund vs Bank Deposit - True Picture

 Canara Robecco Small Cap fund Launched on 10.02.2019

Rs 5.00 Lakhs  invested in NFO price @ Rs 10 ,  at the time of launch ,Now after 4 Years as per present NAV Value  of Rs 22.94 , Total Value increased to Rs 11.47 lakhs .

    *It's more than Double*

During the same period Bank deposit earned an Interest @ 8% ( but actually it’s  less than 8%) Rs 186392/= with a Maturity Value of Rs 686392/=.

Mutual Fund Rs 11.47 lakhs

Bank Deposit.Rs   6.86 lakhs

You could have earned Rs 4.61 lakhs more on your Investment.

உங்கள் குழந்தையின் கல்விக்கு எவ்வளவு முதலீடு செய்ய வேண்டும்.

ஒவ்வொருவரின் வாழ்விலும் நம் அடைய வேண்டிய இலக்கு என்ற கனவுகளில் முக்கியமானவை 

1. குழந்தைகளின் கல்வி

2. ஒரு கனவு வீடு

3. குடும்பத்திற்கு  ஒரு அருமையான வாகனம். 

நம் வாழ்க்கையின் முதல் விருப்பம் குழந்தைகளின் கல்வி. இன்று வணிகமாகிவிட்ட சூழலில் , நம் சேமிப்பு ஒரு சிறந்த முதலீடு இன்றே செய்ய வேண்டிய கட்டாயத்தில் உள்ளோம். 

கல்வி வணிகமாகி விட்டது 

நம் இன்று செய்யும் முதலீடு, நாளைய கல்விச் செலவை ஈடுகட்டுமளவு இருந்தாக வேண்டும். உண்மையில் 6% சதவீத விலை உயர்வை , உங்கள் வங்கி டெப்பாசிட்டில் பெறும் 7% அல்லது 8% சதவீதம் தரும் வங்கி முதலீடு,  வரி நீங்கலாக, நீங்கள் பெறப்போகும் தொகை அதை ஈடு கட்டுமா?

வங்கிக் கடன் அவ்வளவு எளிதா?

ஒரு வேளை சேமிக்காமலிருந்தாலும் வங்கி மூலம் கடன் பெறுவதன் மூலம் சமாளித்துக் கொள்ளலாம் என எண்ணியுள்ளீர்களா அல்லது கடன் பெறுவதும் அவ்வளவு எளிது என்று எண்ணியுள்ளீர்களா? 

இனி கடன் தேவையா என்ன? ஒவ்வொரு மாதமும் மிகக் குறைந்த அளவு முதலீடு செய்வதன் மூலம் உங்கள் குழந்தையின் எதிர்காலத்தை ஏன் நம்பிக்கையான முறையில் நீங்கள் தைரியமாக எதிர்கொள்ளக்கூடாது? 

இன்றைய நிலையில் எஞ்சினீரிங் அல்லது மெடிக்கல் சீட்டுக்கு குறைந்த பட்சம் ரூ 10 லட்சம் என்று கொள்வோமானால் உங்கள் குழந்தைகளின் இன்றைய வயதைக் கணக்கில் கொண்டு எதிர்காலத் தேவை6% விலைவாசி உயர்வு என்று கணக்கிட்டால் கீழுள்ளபடி இருக்கலாம். 

எவ்வளவு செலவாகும்?

உங்கள் குழந்தை இன்னும் 5 ஆண்டுகள் கழித்து கல்லூரியில் சேர்க்க வேண்டி இருந்தால், அப்போது உங்களிடம் 13.38 லட்சம் தேவைப்படும். 

10 ஆண்டுகள் கழித்து சேர்க்க வேண்டி இருந்தால் ரூ 17.90 லட்சம் தேவைப்படும். 

 

15 ஆண்டுகள் கழித்து சேர்க்க வேண்டி இருந்தால் ரூ 23.96 லட்சம் தேவைப்படும். 

உங்கள் குழந்தையின் வயது இப்போது 5 எனில் இன்னும் 12 ஆண்டுகள் கழித்து +2 முடிக்கும்போது கட்ட வேண்டிய தொகை ரூ 20.12 லட்சமாக இருக்கக்கூடும். 

அதாவது இன்று உங்களிடம் ரூ 5 லட்சம் இருந்து அதன்  மூலம் 12% சதவீத லாபம் பெற முடியுமெனில் 12 ஆண்டுகளில் அது ரூ 19.47 லட்சமாக உங்களுக்கு கல்லூரி கட்டணத்திற்கு இது உதவக் கூடும். 

இன்று உங்களிடம் ரூ 5 லட்சம் இல்லாமல் இருந்தாலும் மாதம் ரூ 6000/- மட்டும் சேமித்தால் அதாவது அதே 12% சதவீத லாபம் பெறக்கூடிய திட்டத்தில் முதலீடு செய்வதன் மூலம் 12 ஆண்டுகள் கழித்து உங்களிடம் ரூ 19.33 லட்சம் இருக்கக் கூடும். 

எங்கும் கடன் வாங்காமலே உங்கள் குழந்தைகளின் எதிர்காலக்  கல்லூரிச் செலவை தன்னம்பிக்கையோடு எதிர் நோக்கலாம். 

இதற்கு எது சிறந்த முதலீடு?

சந்தேகமின்றி பங்குச் சந்தையில் முதலீடு செய்யும் மியூச்சுவல் ஃபண்ட் மட்டுமே.

முந்தைய தரவுகளின்படி பல மியூச்சுவல் ஃபண்டுகள் 20% சதவீதத்தை விட அதிகமாகவே லாபம் தந்துள்ளன. 

அப்படி 20% லாபம் தரக்கூடிய மியூச்சுவல் ஃபண்ட் முதலீடு உங்களுக்கு ரூ 35.89 லட்சம் லாபம் தரக்கூடும். 

வங்கியில் சேமிப்பது உங்களுக்கு கூட்டுவட்டி மூலம் 7 அல்லது 8 சதவீத வட்டியில் திரும்பக் கிடைக்கும். 

அதுவே மியூச்சுவல் ஃபண்டு மூலம் நீங்கள் கூட்டு வட்டியின் பயனையும் , சராசரி விலைப் ( Average Costing ) பயனையும் சேர்த்து கூடுதலாகப் பயன் பெறலாம். 

அதாவது திட்டமிட்ட தொடர் சேமிப்பு முதலீடு மூலம் உங்கள் குழந்தைகளின் கல்விக்கனவை உறுதியுடன் நீங்கள் எதிர்நோக்கலாம். இனி எதற்காகக் காத்திருக்க வேண்டும்.

மேலும் விபரங்களுக்கும் தனிப்பட ஆலோசனைக்குப் வழிகாட்டலுக்கும் எப்போதும் கீழ்க்கண்ட எண்ணிலும் மின்னஞ்சல் முகவரியிலும் தொடர்பு கொள்ளலாம். 

ஸ்ரீதர் ராஜசேகர்

(AMFI REGISTERED MUTUAL FUND DISTRIBUTOR)

9442388779

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IS DEBT FUND LOSING ITS SHEEN ?

The recent amendment to the Finance Bill, 2023, has brought a major change in the taxation of debt mutual funds. 

The amendment proposes to abolish the long-term capital gains (LTCG) tax benefit for debt mutual funds held for more than three years and bring them on par with other fixed-income investments such as bank deposits and insurance policies. 

This also means that the indexation benefit that was available to debt mutual fund investors will no longer be applicable.

What is indexation benefit?

Indexation benefit is a way of adjusting the cost of acquisition of an asset for inflation. 

This reduces the taxable capital gain and hence the tax liability. 

For example, if an investor bought a debt mutual fund for Rs 1 lakh in 2020 and sold it for Rs 1.2 lakh in 2023, the nominal capital gain would be Rs 20,000. 

However, if the investor applies indexation benefit, the cost of acquisition would be increased by the inflation rate for each year. Assuming an inflation rate of 5% per year, the cost of acquisition would be Rs 1.16 lakh in 2023. 

Therefore, the indexed capital gain would be only Rs 4,000 and the tax liability would be Rs 800 (20% of Rs 4,000).

(ie) Instead of a Tax on 20000= basing on the tax payers slab , if 30% slab , he will pay Rs 6000/= as tax , but withindecation benefit  invester can pay just Rs 800/= as tax. 

How will the amendment affect debt mutual fund investors?

The amendment will take away the indexation benefit for debt mutual fund investors and make them pay tax on the nominal capital gain at their slab rate. 

This will increase their tax liability and reduce their post-tax returns. For example, if an investor falls in the 30% tax bracket and sells a debt mutual fund after three years for a nominal capital gain of Rs 20,000, he/she will have to pay Rs 6,000 as tax (30% of Rs 20,000) instead of Rs 800 as per the previous rule.

The amendment will also reduce the attractiveness of debt mutual funds as compared to other fixed-income investments such as bank deposits and insurance policies. 

Earlier, debt mutual funds had an edge over these investments in terms of post-tax returns due to indexation benefit. Now, they will be taxed at par with them.

What should debt mutual fund investors do?

The amendment will come into effect from April 1, 2023, and will apply to investments made on or after that date. Therefore, investors who have already invested in debt mutual funds for more than three years can still avail the indexation benefit if they sell their units before March 31, 2023. 

However, they should also consider other factors such as exit load, market conditions and their financial goals before taking any decision.

Investors who are planning to invest in debt mutual funds after April 1, 2023, should be aware of the new tax implications and choose their schemes accordingly. They should also compare the post-tax returns of debt mutual funds with other fixed-income alternatives and invest in the ones that suit their risk profile and time horizon.

Debt mutual funds are still a viable option for investors who want to diversify their portfolio, earn regular income and benefit from professional fund management. However, they should also factor in the tax aspect and make informed choices.

http://p.njw.bz/26416

TAMILNADU BUDGET 2023-24 HIGHLIGHTS

Tamilnadu State Budget 2023-24 Highlights. 

Finance Minister Palanivel Thiaga Rajan is presenting the Budget for the state today (20 March). Here are some of the major announcements-

                 PTR Palanivel Rajan .

Honourable Finance Minister , Tamilnadu. 

Tamil Nadu Tech Cities to come up in Chennai, Coimbatore and Hosur.

Rs 9000 crore allotted for Coimbatore Metro between Avinashi Road and Sathyamangalam Road. Rs 8500 crore for Madurai Metro between Thirumangalam and Othakadai.

Startup Mission for woman entrepreneurs to be launched.

A flyover to be built between Teynampet and Saidapet in Chennai at a cost of Rs 621 crore.

Tamil Nadu Tech Cities to come up in Chennai, Coimbatore and Hosur.

Rs 9000 crore allotted for Coimbatore Metro between Avinashi Road and Sathyamangalam Road. Rs 8500 crore for Madurai Metro between Thirumangalam and Othakadai.

Startup Mission for woman entrepreneurs to be launched.

A flyover to be built between Teynampet and Saidapet in Chennai at a cost of Rs 621 crore.

Target to double the installed power generation capacity by 2030 and increase the share of green energy to 50 per cent.

.The Rs 1000 for women heads of family scheme will be launched on the occasion of former chief minister CN Annadurai's birthday (15 September)

Ezhilmigu Coimbatore and Madurai programme for planned development of the two cities.

Integrated development of North Chennai to be taken up under the 'Vada Chennai Valarchi Thittam' at a cost of Rs 1000 crore over the next three years.

Special Purpose Vehicle to be set up to identify new railway projects in the state.

A wildlife sanctuary to be set up in Erode District and an International Bird Centre to be set up in Marakkanam of Villupuram district.

New SIPCOT industrial parks to come up in Virudhunagar, Vellore, Kallakurichi and Coimbatore.

New Tourism Policy to be released.

The bus depots at Vadapalani, Tiruvanmiyur and Vyasarpadi will be developed with an investment of Rs 1600 crore in the first phase while the bus depots at Tambaram, Tiruvottriyur and Saidapet will be upgraded in the second phase.

Rs 100 crore allotted for Global Investors Summit

A global sports hub to be developed in Chennai by Chennai Metropolitan Development Authority (CMDA).

All schools under departments like Backward Classes (BC), Most Backward Classes (MBC) welfare, Adi Dravidar Welfare department and Hindu Religious and Charitable Endowments (HR&CE) department will be brought under the School Education department.

1000-bed Karunanidhi Memorial Hospital in Guindy to be completed by end of the year.

An International Tamil Computing Conference would be held to increase the use of Tamil in computing.

A Chola Museum will be set up in Thanjavur.

Chief Minister's Breakfast Scheme to be extended to all government schools. Rs 500 crore allotted.

Target to double the installed power generation capacity by 2030 and increase the share of green energy to 50 per cent.

The Rs 1000 for women heads of family scheme will be launched on the occasion of former chief minister CN Annadurai's birthday (15 September)

Ezhilmigu Coimbatore and Madurai programme for planned development of the two cities.

Integrated development of North Chennai to be taken up under the 'Vada Chennai Valarchi Thittam' at a cost of Rs 1000 crore over the next three years.

Special Purpose Vehicle to be set up to identify new railway projects in the state.

A wildlife sanctuary to be set up in Erode District and an International Bird Centre to be set up in Marakkanam of Villupuram district.

New SIPCOT industrial parks to come up in Virudhunagar, Vellore, Kallakurichi and Coimbatore.

New Tourism Policy to be released.

The bus depots at Vadapalani, Tiruvanmiyur and Vyasarpadi will be developed with an investment of Rs 1600 crore in the first phase while the bus depots at Tambaram, Tiruvottriyur and Saidapet will be upgraded in the second phase.

Rs 100 crore allotted for Global Investors Summit

A global sports hub to be developed in Chennai by Chennai Metropolitan Development Authority (CMDA).

All schools under departments like Backward Classes (BC), Most Backward Classes (MBC) welfare, Adi Dravidar Welfare department and Hindu Religious and Charitable Endowments (HR&CE) department will be brought under the School Education department.

1000-bed Karunanidhi Memorial Hospital in Guindy to be completed by end of the year.

An International Tamil Computing Conference would be held to increase the use of Tamil in computing.

A Chola Museum will be set up in Thanjavur.

Chief Minister's Breakfast Scheme to be extended to all government schools. Rs 500 crore allotted.

Source :- swarajyamag.com 

                 PTR Palanivel Rajan tweet

                           MUTUAL FUND ADVISOR

YOUR COMPANION IN CREATING WEALTH

Mutual funds are one of the most popular investment options for investors who want to diversify their portfolio, achieve their financial goals and benefit from professional fund management. However, investing in mutual funds can also be challenging, especially for beginners who may not have enough knowledge, time or discipline to make informed decisions. That's where an advisor can help.

An advisor is someone who can guide you through the entire process of investing in mutual funds, from planning your financial goals to selecting suitable schemes to reviewing your portfolio performance. An advisor can also help you avoid common mistakes that investors make, such as chasing returns, timing the market or ignoring risk factors.

Here are some of the benefits of having an advisor for mutual fund investment:

- Chalking out a financial plan: An advisor can help you assess your risk profile, return expectations and time horizon and design a customized financial plan that suits your needs and aspirations. An advisor can also help you allocate your assets across different categories such as equity, debt and hybrid funds based on your risk appetite and goals.

 - Rebalancing your portfolio: An advisor can help you monitor your portfolio performance and rebalance it periodically to maintain your desired asset allocation and risk-return trade-off. An advisor can also help you switch between schemes or exit underperforming ones based on market conditions and fund performance.

 - Reviewing your portfolio: An advisor can help you evaluate your portfolio performance against relevant benchmarks and suggest improvements or changes if needed. An advisor can also help you track your progress towards your financial goals and make adjustments if required.

- Encouraging investments: An advisor can motivate you to start investing early and regularly by explaining the benefits of compounding and SIPs. An advisor can also help you overcome emotional biases such as fear or greed that may affect your investment decisions.

- Providing unbiased advice: An advisor can provide you with objective and unbiased advice based on their expertise and experience. An advisor can also educate you about the various aspects of mutual fund investing such as types of schemes, NAVs, expense ratios, taxation etc.

As you can see, having an advisor for mutual fund investment can be very beneficial for investors who want to achieve their financial goals with ease and confidence. However, it is important to choose an advisor who is qualified, trustworthy and transparent about their fees and services. You should also communicate with your advisor regularly and review their performance periodically.

Remember, an advisor is not just a mutual fund financial advisor but a partner in your financial journey who helps you navigate through various challenges and opportunities along the way.account and a liquid fund according to your preference.