HDFC Ultra short term fund

Please do research before you invest in any plan 

Let your short term surplus work for you! Don’t let your short term surplus lie idle. Your short term surplus is optimally utilized when you invest it wisely. Make a smart choice by investing in HDFC Ultra Short Term Fund.

HDFC Ultra Short Term Fund is suitable for investors: Desiring a high degree of liquidity and lower interest rate risk Having an investment horizon of 2-6 months Investors with a need to park short term surpluses Using it as a channel to transfer funds systematically to other schemes

Portfolio Statistics as on 31st December, 2019 Average Maturity Macaulay Duration Yield to Maturity AAA and Equivalents 122 days 120 days 5.71% 100.00%

Future Investment is here - Robo Adviser

What is Robo Advisor (Introduction)
How Does it Work
Advantage
List of Robo Advisor In India


What Is Robo Advisor: 

He is Automated & Online Financial Adviser, It provides financial advice to investment management with moderate to minimal human intervention. That makes Robo Advisor "Super Cool"

The first robo advisor was used in the year 2008. With the help of robo advisor, a middle-class person can also use the services for managing their finance and investment. These services are very costly and the only few of them can afford it.

The main aim behind the robo advisor is to bring the financial services to the wide range of people with low cost as compared to the traditional human advisors.

How Does It Work:

It basically works based on few set of rules and Algorithms. They are programmed in such way that by allowing few input and deliver the expected or the best outputs.

Basic Inputs Like mentioned below :

Age
Goals
Your Risk appetite
Current Financial Situation
Investment Time Period etc.,

Out Come :

The advice given by robo advisors are divided into multiple parts such as tax planning advice, insurance advice, health insurance planning, investment advice etc.

Advantage:

As we can see the robo advisor is beneficial to any individual who wants to invest on his own with minimal investment knowledge at the low cost. Robo advisors can automatically select the investment schemes and build a diversified portfolio based on your financial goal and risk appetite.
Not only that, it automatically makes changes to the investment based on the market condition to ensure you achieve your goals. If you have a knowledge of the stock market, you can use this robo advisor to build your portfolio as well.

List Of Robo Advisor In India:

5Paisa.com
Anglebroking.com
invezta.com 

What is Passive Income

"If you don't fine a way to make money while you sleep, You will work until you die," - Warren Buffett

There are two different type of Income:

1) Active Income - Example - Salaried employee

2) Passive Income - Example - House Rent from your rented property

Definition : 

"Passive income is income that is earned from rental property or an enterprise in which the investor is not actively involved."

How It works:

Example Passive Income : 

1. Interest income
2. Dividend income
3. Rental income
4. Royalty income
5. Gift received from person other than relatives
6. Income from winning of lottery, puzzles, batting, horse races etc
7. Income from capital gain
8. Sell ebook
9. Creating online course
10. And like all such income from any source that do not require physical and or mental exercise

Why Its Important:

Passive income is quite possibly one of the most important and central ways that the rich get richer. It’s how you detach your ability to earn from the time that you do have in a day. If you’ve ever heard the term, "If you don't fine a way to make money while you sleep, You will work until you die," - Warren Buffett,  With passive income, you do make money while you sleep. You also make money while you’re awake. It’s automatic and simply keeps coming in.