Hey welcome back!
Today is 10th February 2021 (at the time of making the video) and we are ready with this month's Smart Mutual Fund SIP. You will get this video by tomorrow that is on 11th February 2021 around 8 o'clock in the morning.
1st of all, its really hard to find smartness in the "SMART MUTUALFUND SIP" but if we look carefully then smart mutual fund sip has so many smartness like,
1.
Its really Long Term Investing.
2.
Its Low Risk Investing - Capital protection is the prime
goal and achieving the equity liked return is our target.
3.
Its Concentrated Investing - our portfolio fluctuates
very less and we rarely need to modify the portfolio.
4.
We are having concentrated investing approach but our portfolio
is well diversified.
5.
Its Commission Free - very low cost/ low expenses investing.
6.
Its Valuation based investing.
7. The biggest element is we are following the proven Money Management System. (You can watch the money management system by clicking the below links as I have already taught you the world's proven money management system. https://sipwealthcreator.blogspot.com/search/label/Money%20Management)
We will discuss, all the above points in details in upcoming posts, as
of now lets execute this month's SIP (Systematic Investing Plan).
1st let's check the stock market valuations,
Date - 10-02-2021
BSE - Sensex - 51512
PE (Price to Earning) - 35.67
Price to Book Value - 3.47
Dividend Yield - 0.8
Right now stock market valuation is at 35 PE (Price to Earning) means for earning one rupee we have to give 35 rupees right now, which is very expensive deal as it is delivering just 2.85% return, and right now bank saving accounts are offering 3% to 4% interest rate and hence the expected return is much less than the bank saving account. Bank saving account offers risk free return of 3% to 4% return then why the hell we will take risk of investing the money in stock market for 2.85% returns expectations.
So, we will not infuse new money in stock market right now and instead we will park the money in debt fund especially, in GILT Fund.
The Fund that we are investing is, Nippon India Gilt Securities Fund.
SIP AMOUNT - 5000
NAV - 32.5632
No. of Units allotted - 153.54
and this is the current status of stock market portfolio
Total money invested - 9,50,393
Market Value of Investment - 13,63,522
Change - 4,13,128 (43.47%)
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