Frequently Asked Questions

How to become a crorepati?

Time exerts the greatest influence on your investment portfolio than any other force.

Through the power of compounding, a small amount of money over time can grow into a substantial sum. Compounding is an investor’s best friend. Investments can increase in value over time - and the longer the time frame, the greater the value. This is achieved through returns that are earned, but not spent. When the return is reinvested, you earn a return on the return and a return on that return and so on. Therefore it is important to start saving early in order to benefit from the power of compounding returns.

TO GAIN FROM COMPOUNDING START EARLY AND STAY INVESTED.

So START NOW! Even a seemingly small 5 year delay can cost you the “Crorepati tag” Look at the illustration given below :

	Compounded Annualised Return
Number of Yrs.	15 Yrs.	20 Yrs.
Monthly Investment	Rs. 5000	Rs. 5000
Total Investment	Rs. 9.0 lakhs	Rs. 12.0 lakh
Assumed Annualised Return	18%.	18%
Final Corpus	Rs.45.96 lakh	Rs.1.17 Crore

Note: Sensex has given a compounded annualized return of 18% since inception (Period 2nd Jan, 1980 to 31st Dec. 2009). Source :MFIE

The idea is very simple. The earlier you start saving and investing, the more money you'll end up with. By saving smaller, regular amounts over longer periods of time, you'll end up with more than if you had saved larger amounts over a shorter period of time.

Do I need to plan for my retirement, my child’s education and marriage ?

The illustration given below would enlighten you the need for planning.for your future objectives

Do you know that ? (Look at the illustration given below)

Nature of expenditure	Current Cost	Period	Expected Cost
	(Rs)	Yrs	(Rs)
Monthly Household Expenditure	20,000	25	67,727
Cost of Higher Education	500,000	15	1,039,464
Cost of Marriage Expense	1,000,000	20	2,653,298

Note: The illustration for future expenses assuming a 5% rate of inflation, mentioned above, is indicative in nature

If you want your investment returns to win the race against inflation, you need to choose a investment vehicle that has the potential to beat inflation over a long period of time.

Moneywizard Financial Services will give you the best suitable financial plan for your future objectives and goals taking into consideration your cash flow and debt and also will provide the suitable investment options.

Where should I invest for achieving my objectives ?

Moneywizard Financial Services will provide you the best investment strategies to manage risk from investments and will guide you in selecting the best suitable investment options. For details, Please contact us.

How to register myself with Moneywizard Financial Services?

Fill in the Client Enrolment Form given in the download section click here and send it to us to our address /give it in persion click here. The details given by you will be kept confidential and will be used solely for giving guidance to you. Service at doorstep also available.

Can I invest in mutual funds online ?

On registering with us and completing the KYC (Know-Your-Client ) formalities you can invest in mutual funds online from our website.