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To secure a more financially stable future, one needs to have financial discipline in his younger formative years. Wealth accumulation is one of the most satisfactory things that can be achieved with the money which a person has currently. Suppose, you are 30 now and you have 30 more years to invest towards your retirement. To accumulate wealth for retirement, you need to decide for how long you want to receive the annuities from the plan. Say, you want to receive an annuity of Rs. 50,000 for a period of 30 years – up to age 90 – (50,000*30), you need to calculate how much you must invest as a corpus at the rate of the current interest. This is where a wealth accumulation calculator can help you
Investment Amount:₹400,000 Interest Earned:₹115,720.87 Maturity Amount: ₹515,720.87Savings Calculator
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Other than a comprehensive Financial plan, there is no shortcut to secure a comfortable financial future. After working all these years, you deserve that comfort and peace of mind. You can spend your golden years travelling and catch up with your peers or enjoy a laid back life with your loved ones. financial planning is all about chasing your dreams (short or long term) without having to think about the money. Financial planning will prepare you for any emergency (that money can solve) and give you peace that even if something unfortunate happens to you, your family will not suffer.
Analyze your current situation: Do you have your insurances (medical, vehicle or Life Insurance) in place? Are you able to put aside a certain amount regularly after expenses? Do you have a plan B for emergency situations? What about outstanding loans and dues, if any? Answers to these can help you analyze this
Existing Debts: Nothing gives the financially conscientious a bigger nightmare than debts. With credit card companies, banks and NBFCs issuing unsecured loans to people from all Income class, people rely a lot on instant loans to take care of their immediate needs. This has to change. Start by paying off a little more than required and close the debts at the earliest
Allocate Assets Wisely: When you choose assets to invest in, understand the purpose of the particular product. For instance, if you balance your equity investments with Debt fund or a safer financial tool like FD, it can spread the risks. Balancing is a key step to wealth accumulation
To build wealth or save tax: You must focus on a diversified investment Portfolio that can do both – then only you can accumulate wealth. Do you know which tax slab you belong to and what are the legal options (including 80c deductions) you have to save tax? There are excellent opportunities like ELSS which will help you to build wealth and save tax at the same time
*Best funds based on 1 year performance.
The objective of the scheme would be to provide investors with opportunities for long-term growth in capital along with the liquidity of an open-ended scheme through an active management of investments in a diversified basket of equity stocks of domestic Public Sector Undertakings and in debt and money market instruments issued by PSUs AND others. SBI PSU Fund is a Equity - Sectoral fund was launched on 7 Jul 10. It is a fund with High risk and has given a Below is the key information for SBI PSU Fund Returns up to 1 year are on To generate capital appreciation by investing in Equity and Equity Related Instruments of companies where the Central / State Government(s) has majority shareholding or management control or has powers to appoint majority of directors. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns. Invesco India PSU Equity Fund is a Equity - Sectoral fund was launched on 18 Nov 09. It is a fund with High risk and has given a Below is the key information for Invesco India PSU Equity Fund Returns up to 1 year are on 1. SBI PSU Fund
CAGR/Annualized
return of 9.1% since its launch. Ranked 31 in Sectoral
category. Return for 2023 was 54% , 2022 was 29% and 2021 was 32.4% . SBI PSU Fund
Growth Launch Date 7 Jul 10 NAV (25 Jul 24) ₹33.932 ↑ 0.26 (0.77 %) Net Assets (Cr) ₹3,695 on 30 Jun 24 Category Equity - Sectoral AMC SBI Funds Management Private Limited Rating ☆☆ Risk High Expense Ratio 2.52 Sharpe Ratio 2.82 Information Ratio -1.09 Alpha Ratio -5.09 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Jun 19 ₹10,000 30 Jun 20 ₹7,741 30 Jun 21 ₹11,369 30 Jun 22 ₹11,338 30 Jun 23 ₹15,472 30 Jun 24 ₹30,459 Returns for SBI PSU Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 25 Jul 24 Duration Returns 1 Month 4.1% 3 Month 9.7% 6 Month 28.3% 1 Year 86.1% 3 Year 40.7% 5 Year 27.3% 10 Year 15 Year Since launch 9.1% Historical performance (Yearly) on absolute basis
Year Returns 2023 54% 2022 29% 2021 32.4% 2020 -10% 2019 6% 2018 -23.8% 2017 21.9% 2016 16.2% 2015 -11.1% 2014 41.5% Fund Manager information for SBI PSU Fund
Name Since Tenure Rohit Shimpi 1 Jun 24 0.08 Yr. Data below for SBI PSU Fund as on 30 Jun 24
Equity Sector Allocation
Sector Value Financial Services 31.38% Utility 22.65% Energy 15.95% Industrials 13.12% Basic Materials 8.45% Asset Allocation
Asset Class Value Cash 8.45% Equity 91.55% Top Securities Holdings / Portfolio
Name Holding Value Quantity State Bank of India (Financial Services)
Equity, Since 31 Jul 10 | SBIN14% ₹524 Cr 6,177,500
↑ 2,300,000 GAIL (India) Ltd (Utilities)
Equity, Since 31 May 24 | GAIL9% ₹340 Cr 15,500,000
↑ 12,450,000 Power Grid Corp Of India Ltd (Utilities)
Equity, Since 31 Jul 10 | POWERGRID9% ₹332 Cr 10,035,554
↑ 4,150,000 NTPC Ltd (Utilities)
Equity, Since 31 Jul 10 | NTPC4% ₹164 Cr 4,343,244 Bharat Electronics Ltd (Industrials)
Equity, Since 30 Jun 24 | BEL4% ₹147 Cr 4,800,000
↑ 4,800,000 Coal India Ltd (Energy)
Equity, Since 30 Sep 21 | COALINDIA4% ₹130 Cr 2,750,000 Life Insurance Corporation of India (Financial Services)
Equity, Since 29 Feb 24 | 5435264% ₹130 Cr 1,310,000
↑ 460,000 Petronet LNG Ltd (Energy)
Equity, Since 30 Jun 24 | PETRONET3% ₹116 Cr 3,500,000
↑ 3,500,000 General Insurance Corp of India (Financial Services)
Equity, Since 31 May 24 | GICRE3% ₹114 Cr 3,000,000
↑ 1,800,000 SBI Life Insurance Company Limited (Financial Services)
Equity, Since 30 Jun 24 | SBILIFE3% ₹112 Cr 750,000
↑ 750,000 2. Invesco India PSU Equity Fund
CAGR/Annualized
return of 13.9% since its launch. Ranked 33 in Sectoral
category. Return for 2023 was 54.5% , 2022 was 20.5% and 2021 was 31.1% . Invesco India PSU Equity Fund
Growth Launch Date 18 Nov 09 NAV (25 Jul 24) ₹67.76 ↓ -0.01 (-0.01 %) Net Assets (Cr) ₹1,363 on 30 Jun 24 Category Equity - Sectoral AMC Invesco Asset Management (India) Private Ltd Rating ☆☆☆ Risk High Expense Ratio 2.46 Sharpe Ratio 3.34 Information Ratio -0.8 Alpha Ratio 6.33 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Jun 19 ₹10,000 30 Jun 20 ₹9,836 30 Jun 21 ₹13,587 30 Jun 22 ₹13,209 30 Jun 23 ₹18,874 30 Jun 24 ₹36,818 Returns for Invesco India PSU Equity Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 25 Jul 24 Duration Returns 1 Month 1.7% 3 Month 15% 6 Month 36.9% 1 Year 84.6% 3 Year 39.3% 5 Year 31.8% 10 Year 15 Year Since launch 13.9% Historical performance (Yearly) on absolute basis
Year Returns 2023 54.5% 2022 20.5% 2021 31.1% 2020 6.1% 2019 10.1% 2018 -16.9% 2017 24.3% 2016 17.9% 2015 2.5% 2014 54.5% Fund Manager information for Invesco India PSU Equity Fund
Name Since Tenure Dhimant Kothari 19 May 20 4.12 Yr. Data below for Invesco India PSU Equity Fund as on 30 Jun 24
Equity Sector Allocation
Sector Value Industrials 36.61% Financial Services 23.51% Utility 22.33% Energy 14.56% Asset Allocation
Asset Class Value Cash 2.99% Equity 97.01% Top Securities Holdings / Portfolio
Name Holding Value Quantity Power Grid Corp Of India Ltd (Utilities)
Equity, Since 28 Feb 22 | POWERGRID9% ₹118 Cr 3,556,510
↑ 897,947 Hindustan Aeronautics Ltd Ordinary Shares (Industrials)
Equity, Since 31 May 22 | HAL9% ₹117 Cr 221,859 Bharat Electronics Ltd (Industrials)
Equity, Since 31 Mar 17 | BEL8% ₹114 Cr 3,715,873 NTPC Ltd (Utilities)
Equity, Since 31 May 19 | NTPC8% ₹104 Cr 2,741,416
↑ 223,921 State Bank of India (Financial Services)
Equity, Since 28 Feb 21 | SBIN7% ₹101 Cr 1,189,110
↑ 114,962 Bharat Petroleum Corp Ltd (Energy)
Equity, Since 30 Sep 18 | BPCL6% ₹84 Cr 2,775,528
↑ 1,220,272 Coal India Ltd (Energy)
Equity, Since 31 Aug 23 | COALINDIA6% ₹81 Cr 1,711,852 Bank of Baroda (Financial Services)
Equity, Since 30 Jun 21 | BANKBARODA5% ₹71 Cr 2,560,301
↑ 1,092,411 Bharat Dynamics Ltd Ordinary Shares (Industrials)
Equity, Since 31 May 22 | BDL5% ₹70 Cr 439,050
↑ 16,813 BEML Ltd (Industrials)
Equity, Since 31 Aug 23 | BEML4% ₹55 Cr 124,817