How do you think this will pan out

How do you think this will pan out

How do you think this will pan out

View on r/IndianStreetBets by Even-Independence312

  1. Bad. Why the hell are you invested in Regular Plans!?

    Edit: Please for the love of god, do your research and DON’T throw away money. This makes your compounding much worse and is one of if not the dumbest investing moves you could make.

    Kudos to you for not trying to invest in stocks/options. But you made a major blunder here. Idk if you can fix this. You are literally burning 30-50k INR every year (which with compounding) would be significantly more! (Quick head math says about 10-20 lakh in next 10 years). You literally just gave that to a middle man by taking the Regular Plan instead of Direct plan!

  2. Hi, /u/Even-Independence312! Welcome to /r/IndianStreetBets!

    Use the Daily Discussion Thread for basic queries. Before contributing, do check if your particular question has been answered in the [Wiki]( Do utilise the search function to do the same too. Please use proper [post flairs]( and adhere to the rules in the sidebar. You are urged to post beginner questions in the stickied daily discussion thread or on our [Discord in #beginner-questions channel]( so as to keep the subreddit as clutter-free as possible. **If this post has good insights or well research, tag the Mods so we can give a shoutout on Discord and get the post more traction** Thank you!

    *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/IndianStreetBets) if you have any questions or concerns.*

  3. Seems like you’ve only recently started this. Very strong chance you won’t be able to change this because of exit load. If you’re picking the funds yourself, or even if you’re not, id suggest to start an account with either zerodha or groww who offer commission free mutual funds. I realised this later in life my self and now kinda trapped with some funds stuck in mfs with a distributor. Don’t feel like liquidating it to move the money, and can’t transfer the mf holdings to another account.

    You can also set up mandates on those platforms that will automatically deduct money from your account towards this saving. Since you have a range of 50k – 1lakh id suggest starting mandate at 50k then putting balance surplus ad per your convenience.

Your email address will not be published. Required fields are marked *

Zeen is a next generation WordPress theme. It’s powerful, beautifully designed and comes with everything you need to engage your visitors and increase conversions.