Financial Planning

Financial Planning is the process of estimating the capital required and determining it’s competition. It is the process of framing financial policies in relation to procurement, investment and administration of funds of an enterprise. What is financial planning? Financial planning is a step-by-step approach to meet one’s life goals. A financial plan acts as a guide as you go through life’s. Financial planning is the process which provides you a framework for achieving your life goals in a systematic and planned way. A financial planner is a qualified investment professional who helps individuals and corporations meet their long-term financial objectives.

Investment Planning

A financial advisor is not just someone who helps with investments. Financial planning is a step-by-step approach to meet one’s life goals. A financial plan acts as a guide as you go through life’s journey. Financial planning includes budgeting your expenses, investing in right assets, setting SMART goals

Benefits of Investing in Financial Planning

Managing for Results that Matters

Proper financial and retirement planning starts with goal setting, including short-, intermediate-, and long-term goals. Key short-term goals include setting a budget, reducing debt, and starting an emergency fund. Retirement may be decades away, but it’s important to start saving as early as possible so that you have enough money to survive

Track your money

Financial Planning plays a very big part in the success of any portfolio. Invest in a broad range of securities and bonds. This limits investment risk by reducing the effect of a possible decline in the value of any one security. Holders can benefit from diversification techniques usually available only to investors wealthy enough to buy significant positions in a wide variety of securities.

Be Clear About the Objectives

Financial Planning generally provide an opportunity to invest with fewer funds as compared to other avenues in the capital market. You can invest in a mutual fund with as little as Rs. 5,000 and also have the option of investing a little of Rs.500 every month in a SIP or Systematic Investment Plan.

Make sure emergencies don't become disasters

The bedrock of any financial plan is putting cash away for emergency expenses. You can start small — $500 is enough to cover small emergencies and repairs so that an unexpected bill doesn’t run up credit card debt. Your next goal could be $1,000, then one month’s basic living expenses, and so on.

Tackle high-interest debt

A crucial step in any financial plan: Pay down “toxic” high-interest debt, such as credit card balances, payday loans, title loans and rent-to-own payments. Interest rates on some of these may be so high that you end up repaying two or three times what you borrowed.

Types of Mutual Funds

Financial Health CheckInvest money for your future
Goal PlanningAnalyse the market & type of saving
Investment PlanningInvest money for your future

A better solution for your Financial needs

Getting a financial health checkup done is very important to understand where the family stands today in terms of personal finance. It determines the income, ascertains the spending patterns and also helps to know the level of savings one can or has to do. This diagnosis will help in determining whether an individual’s financial situation is under control and how good are the investments being made towards achieving the goals. This analysis of financial position will also help in planning the future better by setting some goals and personal financial plans to go about achieving these goals.
We help you get a financial health check up by analyzing your spending patterns, various income sources and suggests an actionable plan to help you achieve your goals.

A financial health check is advisable for you to be aware of your financial standing and to avert financial losses. Taking into account your age, marital status, employment status, property or other holdings and annual income.

we look at the various elements that make up your overall financial health:

Budgeting your income and expenditure
Building good credit
Controlling debt
Curbing unnecessary spending
Identifying and attaining your financial goals
Making the right investments
Save regularly

As your CFO, we help you to

Identify your financial goals
Determine the timeframe for these goals
Increase your net worth and
Evaluate your progress

Our online personal finance planning software helps you plan your goals in a more disciplined and scientific manner. You can even track the performance of your investments made for achieving your goals using Goal Tracker.

Once you know your financial standing, the next logical step is goal setting to remedy the weak spots in your financial health. The long journey of goal planning starts with a step. The first step is to identify your goals. The next would be to break these goals down into measurable goals- short term (less than 1 year), medium term (1 to 3 years) and long term (5 years and more).

A financial advisor can help you educate to increase your net worth by making the right investments. Lastly, your financial progress has to be evaluated at regular intervals- monthly, quarterly or semi-annually. This is imperative so that you know that you are steadily on the way to achieving your goals step by step.

Evaluating the best investment options and identifying the investment plans suitable for your financial situation forms an integral part of financial planning process. Investment options should not be selected at random based on popular recommendations. They have to be critically analyzed to evaluate whether they suit your risk appetite or not.

A systematic investment plan has the potential to bridge the gap between your dreams and reality. However, your behavioural biases limit this potential thus creating a difference between your expected returns and actual results. The Investment options which you undertake has to meet your risk appetite parameters and should be in sync with your goals. Even the best Investment planning services in India have to address your risk tolerance levels. In your quest to invest in the best investment plan in India, you should not forget your core investment objectives.

We often fail to design a systematic investment plan which increases our probability of success. It is important that we bring objectivity to every investment decision being made. While defining your investment plan make sure you:

Define the goals and the respective time lines when you want to achieve them.
Assess your surplus.
Assess your risk profile.
Diversify the investment allocations based on your risk appetite.

Financial Services

Consultancy services

Risk Planning

Wealth creation and risk planning go hand in hand. Risks can never be totally eliminated from any aspect of life. The next best thing to do is to minimise risks. Our expert Financial Advisors of helps you in risk planning by the following:
Risk Avoidance – Decide on what risk can be totally avoided and what cannot be.
Risk Reduction – Generally investments with high risks have better returns but how much risk is acceptable?
Risk Acceptance – Differentiate and separate acceptable and unacceptable risks to plan accordingly.
Risk Transfer – Unacceptable risks are transferred generally by means of insurance.
Using our online personal finance platform, you can make yourself financially secure from unexpected eventualities in life. It helps you mitigate your risk by providing a scientific approach to the insurance requirement calculations to counter financial uncertainties that arise due to unforeseen events.

RUPEE COST AVERAGING

It means averaging the cost price of your investments.
SIP helps in averaging the cost as equal amount is invested regularly every month at different NAVs. SIP works well in a volatile market as in the months where markets are down you get more number of units as the NAV is down and when the markets are up you get less number of units. But over all the prices gets averaged out.

Let us see how: Say you make your first investment of Rs 1,000 at a NAV of Rs 10. In this case, the units acquired will be 100 (1,000/10). You make the next investment of Rs 1,000 at a NAV of Rs 12. Units acquired now will be 83.33333 (1,000/12). Now also suppose that you make the third investment of Rs 1,000 at a NAV of Rs 9 and the units acquired will be 111.1111 (1,000/9).
The average purchase cost works out to Rs 10.19 (3,000/294.4444).