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When Systematic Savings brought them to Russia

Posted On Thursday, Jun 21, 2018

The internet is overwhelmed and flooded with world cup news. Everything around it is being written about and talked about. What caught our attention also is the story of three friends who saved for 5 years to make their dream to attend the Russia World Cup.

These friends have a very wonderful message for everyone.
1. Never give up on your dreams
2. Have a plan

After trying hard several times and failing these friends finally had a plan to make their dream to watch a world cup. At Quantum this is exactly what we always try to help our investors understand - All your financial goals can come true if you have a solid plan aka Systematic Investment Plan (SIP).

Just like these African besties, if we regularly invest small amount of money for long term we could achieve our financial plan.

Are you wondering how SIP actually works?
So your dream or financial plan could be anything – buying a house, child’s education, marriage expenses, or travelling around the world. Such dreams would generally need relatively large funding which might not be readily possible. When you invest through SIPs you build a corpus over a longer period of time, through small but regular investments. This is what SIP is all about – wealth creation and help fulfilling our dreams and aspirations.

Here is an example to help you understand the working of SIP.

THE POWER OF RUPEE COST AVERAGING

Lump-Sum Investor

Regular SIP Investor

Month

Unit Price

Amount Invested in Rs.

Units Bought

Amount Invested in Rs.

Units Bought

1

20

60,000

3000

10,000

500

2

18

--

--

10,000

556

3

13

--

--

10,000

769

4

22

--

--

10,000

455

5

21

--

--

10,000

476

6

20

--

--

10,000

500

Total Amount Invested

Rs. 60,000

Rs. 60,000

Average price paid

Rs. 20

Rs. 19

Current NAV

Rs. 20

Rs. 20

Total units bought

3000

3256

Value of investment after six months

Rs. 60,000

Rs. 65,120

The numbers used in the above table are for illustrative purposes only

Thus this table shows that even though the amount invested is the same in both cases, the returns from the SIP mode of investment are relatively higher.

Therefore now no need to just keep dreaming about your dreams but start planning for the same. You can start an SIP in Quantum Long Term Equity Value Fund and Quantum Equity Fund of Funds today.

PS: The next FIFA World Cup 2022 is going to be in Qatar. Plan with your friends and start saving!  



Disclaimer, Statutory Details & Risk Factors:

The views expressed here in this article are for general information and reading purpose only and do not constitute any guidelines and recommendations on any course of action to be followed by the reader. The views are not meant to serve as a professional guide / investment advice / intended to be an offer or solicitation for the purchase or sale of any financial product or instrument or mutual fund units for the reader. The article has been prepared on the basis of publicly available information, internally developed data and other sources believed to be reliable. Whilst no action has been solicited based upon the information provided herein, due care has been taken to ensure that the facts are accurate and views given are fair and reasonable as on date. Readers of this article should rely on information/data arising out of their own investigations and advised to seek independent professional advice and arrive at an informed decision before making any investments.

Mutual fund investments are subject to market risks read all scheme related documents carefully.

Please visit – www.QuantumMF.com to read scheme specific risk factors. Investors in the Scheme(s) are not being offered a guaranteed or assured rate of return and there can be no assurance that the schemes objective will be achieved and the NAV of the scheme(s) may go up and down depending upon the factors and forces affecting securities market. Investment in mutual fund units involves investment risk such as trading volumes, settlement risk, liquidity risk, default risk including possible loss of capital. Past performance of the sponsor / AMC / Mutual Fund does not indicate the future performance of the Scheme(s). Statutory Details: Quantum Mutual Fund (the Fund) has been constituted as a Trust under the Indian Trusts Act, 1882. Sponsor: Quantum Advisors Private Limited. (liability of Sponsor limited to Rs. 1,00,000/-) Trustee: Quantum Trustee Company Private Limited. Investment Manager: Quantum Asset Management Company Private Limited. The Sponsor, Trustee and Investment Manager are incorporated under the Companies Act, 1956.

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