Know more about investment
To grow your money, you need to make the right investment decisions as inflation erodes the value of your money over time.
If you invest wisely, you get the chance to make more money. Mutual Funds can help you do just that.
With schemes available across various asset classes like Equity, Debt and Gold, you can find one which suits your need. You can use the right combination of schemes and plans to achieve your goals in life. So, why have money lying idle when you have the opportunity to make more money. Start investing in mutual funds today.
How This Works
How to make money work harder for you?
Most people make the mistake of spending first and if anything is left then invest. The problem with this is that there is generally not much left to invest, as our needs keep growing with time. The best way to turn this habit around is whenever you receive your salary or any windfall like an annual bonus, first invest a certain percentage of the amount, and then spend on your daily needs and the things you like.
Unit Trusts allow you the flexibility to invest small amounts regularly or a lump sum amount for your goals in life.
The earlier you start investing regularly, the easier it is to achieve your goals. The graph below shows the impact of beginning to invest K1,000 monthly through a Systematic Investment Plan at various stages of life till the age of 60 years (assuring a return of 10% p.a)
Investing first and starting early is not sufficient to make money. You need to choose the right investment option to optimize the potential of your money. The option you choose depends on your financial goals, risk appetite and the taxation on your returns.
A diversified approach to creating wealth ensures your risk is spread across different asset classes while you benefit from the opportunities they offer. Mutual funds have schemes across asset classes like equity, debt and real estate in which you can invest for your specific needs.
The graph below shows the effect of compounding of K1,000 invested monthly in investments offering different rate of returns. So choose well.
Investing regularly is the key as you automatically set aside a fixed sum to invest first for your financial goals in life. As you start investing, reviewing those investments from time to time as well is recommended to ensure you are on track and make any changes if required.
With mutual funds, this step is easy as you can get a consolidated view of your investments on line via the fund house website. If you are investing through a financial adviser, regular reviews ensure the investments recommended are working for you.
Dreams can only be achieved if you work towards them. Even building wealth is no different. A systematic Investment Plan (SIP) helps you do just that. SIP is a method of Investing a fixed sum, regularly in a unit trust scheme. SIP allows one to buy units on a given date each month, so that one can implement a savings plan for themselves. The biggest advantage of SIP is that one need not time the market. Rather than timing the market, investing every month will ensue that one is investing at the high and the low, and make the best out of an opportunity that could be tough to predict in advance.
Benefits of investing with SIP:
Ensure a regular and steady stream of income, so you can always live your dream life. Check details and invest in our income generating debt schemes.
Laurence Paul Income Fund
Stay future-ready financially prepared to meet your long-term goals by investing in the right equity fund today. Read details of our equity oriented products.
Laurence Paul Equity Fund
Laurence Paul Equity Fund aims to provide the investor long – term capital appreciation by investing in high growth companies along with the liquidity of an open-ended scheme through investments primarily in equities and the balance in debt and money market instruments. Laurence Paul Equity Fund is positioned as large cap fund. It has a robust investment process & follows a top-down approach for investment, starting with analyzing the broader economic outlook, then identifying the sectors & eventually narrowing down to stock selection.
To enjoy the dual benefits of growth through asset investments, and income through debt asset investments, explore and invest in our balanced fund schemes.
Laurence Paul Balanced Fund
Laurence Paul Global fund