FAQs about Mutual Funds

https://www.mutualfundssahihai.com/en/your-questions

KYC Guidelines

https://mfs.kfintech.com/mfs/Generalpages/downloads/KYC%20Guidelines_Revised.pdf

Link Aadhaar Status

https://eportal.incometax.gov.in/iec/foservices/#/pre-login/link-aadhaar-status

Link Aadhaar & PAN

https://eportal.incometax.gov.in/iec/foservices/#/pre-login/bl-link-aadhaar

e-Aadhaar Download

myAadhaar > Login > Services > Download Aadhaar > Download

https://myaadhaar.uidai.gov.in/genricDownloadAadhaar/en

Masked e-Aadhaar Download

myAadhaar > Login > Services > Download Aadhaar > Masked Aadhaar > Download

https://myaadhaar.uidai.gov.in/en_IN

Download Aadhaar Paperless Offline E-KYC XML File

myAadhaar > Services > Offline eKYC > Create a Share Code (4 Digits) > Download

https://myaadhaar.uidai.gov.in/en_IN

Verify PAN Status

https://eportal.incometax.gov.in/iec/foservices/#/pre-login/verifyYourPAN/1

Download e-PAN Card from NSDL

https://www.onlineservices.nsdl.com/paam/requestAndDownloadEPAN.html

Download e-PAN Card from UTI

https://www.pan.utiitsl.com/PAN_ONLINE/ePANCard

Download e-PAN Card from IT Portal

https://eportal.incometax.gov.in/iec/foservices/#/pre-login/instant-e-pan/checkStatusDownloadEpan

Apply for New e-PAN

https://eportal.incometax.gov.in/iec/foservices/#/pre-login/instant-e-pan/checkStatusDownloadEpan

How to check your Name on Income Tax Portal

https://eportal.incometax.gov.in/iec/foservices/#/e-pay-tax-prelogin/user-details

AMFI KYC Guide & eKYC @ AMCs

https://www.amfiindia.com/kyc

Check your KYC Status with CAMS

https://www.camskra.com/

Validate your KYC with CAMS

https://camskra.com/

Check your KYC Status with KFinTech (Karvy)

https://www.karvykra.com/index.aspx?ReturnUrl=%2f

Validate your KYC with KFinTech (Karvy)

https://www.karvykra.com/KYC_Validation/Default.aspx

Check your KYC Status with CDSL

https://www.cvlkra.com/

Validate your KYC with CDSL

https://validate.cvlindia.com/CVLKRAVerification_V1/

Check your KYC Status with NSDL

https://kra.ndml.in/kra-web/jsps/pos/KYCClientInquiry_NEW.jsp

Validate your KYC with NSDL

https://kra.ndml.in/kra/ckyc/

Check your KYC Status with DOTEX (NSE)

https://www.nsekra.com/

Validate your KYC with DOTEX (NSE)

https://www.nsekra.com/

KYC Application Form for Individuals - CAMS

KYC Application Form for Non-Individuals - CAMS

FATCA Declaration for Individuals - CAMS

FATCA Declaration for Non-Individuals - CAMS

FATCA Declaration for Individuals - KFinTech (Karvy)

FATCA Declaration for Non-Individuals - KFinTech (Karvy)

eKYC Verification - KFintech

https://mfs.kfintech.com/investor/Investor/EKYCVerification

eKYC Verification - CAMS

https://www.camsonline.com/Investors/Service-requests/GoGreen/Pan-updation

Individual Online KYC Process - ICICI Prudential AMC  (CAMS)

https://www.archive.icicipruamc.com/online-kyc

Individual Online KYC Process - HDFC AMC  (CAMS)

https://investor-web.hdfcfund.com/kyc

Individual Online KYC Process - UTI AMC  (KFintech)

https://www.utimf.com/investor-services/digital-kyc

Individual Online KYC Process - Canara Robeco AMC  (KFintech)

https://www.canararobeco.com/investor-corner/ekyc

Financial Glossary

https://sigaraminvestments.com/glossary

Historial Performance of Asset Class

https://sigaraminvestments.com/performance

Risk Factors in Mutual Funds

https://www.amfiindia.com/investor-corner/knowledge-center/risks-in-mutual-funds.html

SEBI - Investor Awareness Portal

https://investor.sebi.gov.in/index.html

SEBI - Financial Health Check Up

https://investor.sebi.gov.in/financial_health_check.html

New Fund Offer (NFO)

https://www.amfiindia.com/new-fund-offer

Mutual Fund - Monthly Fact Sheet

https://www.amfiindia.com/investor-corner/online-center/trackmfinvestment.html

Mutual Fund - Key Information Memorandum (KIM)

https://www.sebi.gov.in/sebiweb/other/OtherAction.do?doMutualFund=yes&mftype=3

Mutual Fund - Statement of Additional Information (SAI)

https://www.sebi.gov.in/sebiweb/other/OtherAction.do?doMutualFund=yes&mftype=1

Mutual Fund - Scheme Information Document (SID)

https://www.sebi.gov.in/sebiweb/other/OtherAction.do?doMutualFund=yes&mftype=2

AMFI Code of Conduct for Mutual Fund Distributor

https://www.amfiindia.com/Themes/Theme1/downloads/RevisedCodeofConductforMutualFundDistributors-April2022.pdf

India Economic Indicators

https://tradingeconomics.com/india/indicators

IMF - India Economic Outlook

https://www.imf.org/external/datamapper/profile/IND

Upcoming Global Economic Events

https://tradingeconomics.com/calendar

Comparison of Fixed Deposit Rates in India

https://www.paisabazaar.com/fixed-deposit/

Contact Details of AMCs in India

https://www.amfiindia.com/amc-branches

Securities and Exchange Board in India

https://www.sebi.gov.in/

Mutual Funds Sahi Hai

https://www.mutualfundssahihai.com/en

Locate a Mutual Fund Distributor

https://www.amfiindia.com/locate-your-nearest-mutual-fund-distributor-details

Locate a SEBI Registered Investment Adviser

https://www.sebi.gov.in/sebiweb/other/OtherAction.do?doRecognisedFpi=yes&intmId=13

SEBI Investor Awareness Website

https://investor.sebi.gov.in/

SEBI Complaints Redress System (SCORES)

https://scores.sebi.gov.in/

National Institute of Securities Markets

https://www.nism.ac.in/

MF Utilities India Pvt. Ltd (MFU)

https://www.mfuindia.com/

Reserve Bank of India

https://website.rbi.org.in/web/rbi

NSE - National Stock Exchange

https://www.nseindia.com/

BSE - Bombay Stock Exchange

https://www.bseindia.com/

UIDAI

https://uidai.gov.in/

Income Tax India

https://incometaxindia.gov.in/pages/form-pan.aspx

FAQ about Mutual Funds

https://www.mutualfundssahihai.com/en/your-questions

Myths about Mutual Fund NAV Busted

https://www.icicibank.com/blogs/mutual-fund/myths-about-mutual-fund-nav

You need a large amount of money to invest in mutual funds

This is one of the most common misconceptions about Mutual Funds. Investing in Mutual Funds does not require a large sum of money. Furthermore, there is no maximum investment amount.
You can start as low as Rs. 100 for a single lump-sum investment.
For subsequent investments, you can invest as low as Rs. 100.
If you opt for Systematic Investment Plans (SIPs), you can begin with a minimum of Rs. 100 per month.

Mutual fund is a long-term investment

Mutual funds are goal-based investments. You can choose short-term, medium-term and long-term investments based on your investment objective and requirement.

Returns are guaranteed via mutual fund investments

Based on the risk involved, Mutual Funds are able to produce high returns. However, returns are not guaranteed by Mutual Funds. Mutual funds are market-related investments that fluctuate with the market. Therefore, expecting them to provide guarantees is unreasonable.

You need a Demat account to invest in mutual funds

You don’t have to hold a Demat account to invest in mutual funds. Such an account is solely necessary for investors to electronically buy Exchange Traded Funds (ETFs).

Investing in mutual funds is like investing in stock market

No, investing in mutual funds is not like investing in stock market. Whereas mutual funds are allocated across various financial markets, including stocks (equities), bonds (both corporate and government), and short-term money market instruments like Treasury Bills, Commercial Papers, Certificate of Deposits, Collateral Borrowing & Lending Obligations (CBLO), Commodities like Gold & SIlver, International Stocks, ReITs & InvITs. 
Some of these instruments have high minimum investment requirements, making them inaccessible to individual retail investors. Therefore, mutual fund schemes offer a way for retail investors to participate in these investment opportunities.

Mutual fund investments require Know Your Customer (KYC) submissions for every investment

The submission of your KYC is mandatory and a one-time exercise for investing in mutual funds. It must be submitted as a verification. You can also submit e-KYC, making the process quicker and easy.

Investing in mutual funds with low Net Asset Value (NAV) is better

No, higher returns are not guaranteed by investing in mutual funds with lower NAVs. The NAV represents the price at which you can buy or sell a unit of a specific scheme. Therefore, the NAV, whether it's Rs. 10 or Rs. 100, is not indicative of the potential gains from your investment. What truly matters are factors such as the rate of return, the scheme's performance history, and its level of volatility.

SIP is only for small investors

Although SIPs allow you to invest small amounts, you can also invest more if you want. You can begin investing in SIPs with any amount, but you can't invest less than the minimum amount set by the scheme, which is usually Rs. 500.

A scheme with a higher NAV has reached its highest value

It’s a popular myth that a scheme with a higher NAV has reached its highest value. The NAV of a scheme is simply a representation of the current market value of the stocks held by the fund at any given time. Mutual funds invest in stocks, and these stocks can be bought or sold as deemed fit by the fund manager based on the fund's investment strategy (whether it involves buying, holding, or selling). If the fund manager believes that a specific stock has reached its peak, they have the option to sell it. Having a high NAV does not necessarily imply that the fund is costly. A high NAV signifies that the scheme has demonstrated strong performance over the years.

You need an extensive documentation to invest in mutual funds

No. Investing in mutual funds does not require exhaustive documentation. You only need to submit your KYC (Know Your Customer), which is a one-time exercise. You submit the KYC through such as a broker, Depository Participant (DP), or Mutual Fund distributor. There's no need to duplicate this procedure when dealing with different intermediaries. Investing in mutual funds requires you to furnish identity proof, address proof, and a recent photograph. 

You are too young to start investing

Not really. You are never to too young to start investing in mutual funds. The reason for this is that you will have time on your side. The earlier you begin investing, the greater your potential wealth. Additionally, time will be on your side, so if the market declines, staying invested will provide you with adequate time to withdraw your money.

Financial planning is a one-time activity

Most people believe that financial planning is a one-time exercise in which they can invest once and reap the benefits forever, but the truth is that you must have a financial plan in order to achieve your goals in a systematic manner. Your objectives are bound to shift over time. If one wants to earn high returns, Mutual Fund investments must be made on a consistent basis through SIP.
To achieve financial objectives, systematic and regular investing is crucial. Regular investing is also insufficient. The importance of portfolio reviews is equal to that of regular investing. Your goals may not change as a whole, but there may be several factors influencing them, such as economic, environmental, and political factors, and thus, it is critical that you review your investments on a regular basis.

Professional experts handle my money so I do not have to review my mutual fund portfolio

Your goals, market conditions and economic scenario change perpetually. To ensure that you are on the right track and not making losses, you must review your portfolio at regular intervals.

6 Steps to Financial Freedom !

 [ 1 ]   INTRODUCTION
Please book an appointment with us by WhatsApp message to +91 7049470794 or send us an email at sigaraminvestments@gmail.com

Once we fix a mutually convenient time, we will schedule a Google Meeting. This meeting will last no longer than 60 minutes.

During this session, we will focus on :
1 Understanding your requirements
2 Introducing our Goal-Based Financial Planning Approach
3 Outlining the subsequent steps we will undertake

[ 2 ]   ENGAGEMENT
Client Engagement Letter :
This formal letter of engagement is required by SEBI Regulations. Please print, sign, and email us a scanned copy once you agree to the terms.

Client Questionnaire :
This Excel template requires details about your current financial status, including family information, goals, assets, liabilities, income, expenses, and risk tolerance.

After receiving the signed “Client Engagement Letter,” KYC documents, and the completed “Client Questionnaire,” we will schedule a 30-minute follow-up meeting to review your data and address any queries.

[ 3 ]   KYC & SIGNUP PROCESS
List of documents required for mutual fund account & online KYC process :

MF Account Opening Documents :
Mobile No., Email ID, FATCA Details, PAN, Aadhaar, Bank Cancelled Cheque, Demat Details (Optional), Parents Details & Nominee Details.

KYC Documents :
Passport Size Photo, Signature Image & Download copy of Aadhaar XML file.

[ 4 ]   FINANCIAL PLANNING
This process comprises three key steps: Financial Awareness, Financial Planning, and Investment Process.

Financial Awareness :
We provide three one-hour sessions. The first covers asset allocation and its importance. The second focuses on financial products and portfolio building. The third addresses insurance planning and tax strategies.

Financial Planning :
We then prepare a comprehensive financial plan based on your data, typically within a week. Review the plan thoroughly and compile any questions. In a follow-up one-hour meeting, we will address your queries. You are responsible for implementing the plan, with our support available as needed.

Investment Process :
Review the plan thoroughly and compile any questions. In a follow-up one-hour meeting, we will address your queries. You are responsible for implementing the plan, with our support available as needed.

[ 5 ]   FOLLOW UP
We will schedule two follow-up meeting for next two quarters after our initial planning discussion to understand your evolving needs and address any questions or concerns. Throughout our engagement, we plan follow-up calls specifically to support implementation-related challenges, though these are not intended for portfolio reviews.

Additionally, please feel free to reach out at any time during the year with any doubts, inquiries, or changes to your financial situation. We are here to assist you whenever needed.

[ 6 ]   REVIEW
Our process includes an annual review of your financial plan. However, in extraordinary circumstances such as a significant market crash or changes in your financial status, we are open to conducting a mid-year review based on actual need.

Even after delivering the financial plan, you can reach out at any time during the one-year engagement period to discuss personal finance, investing, or your financial planning.

If your financial or life situation changes and requires plan modifications, we are more than willing to hold additional sessions to accommodate these adjustments. Your evolving needs are our priority.