When it comes to share investment, it is surprising that you are more than often asked to invest through mutual fund instead of doing investment by yourself which should save you the fee the fund managers take for managing your investments.
The general lesson of academic research into active management is that the less you pay experts to manage your money, the more you keep.
It is highly unlikely that most of us do not have the time or skill to zero-in few investment scripts for the next 2 to 5 years which the mutual fund is all about. As investment can be of as low as one share of a company, the argument that a small investor cannot invest in a large number of scripts is baseless. So, if you are willing to put in a little more effort understanding what the so-called fund managers do, you can save on the charges that you pay to them thereby increasing your returns. Building on this theme, we recommend:
Also while doing so, a whole new world of finance will open which should help in other endeavors like figuring out the best company for your next home loan.
For the rest who are too preoccupied with their current jobs, investing through mutual fund is still very much advisable.
Angel Broking started their operations in 1987 and has emerged as one of the most respected Stock-Broking and Wealth Management Companies in India. With their retail-focused stock trading business model, Angel aims to provide ‘Real Value for Money’ to its clients. Angel Group is a member of the Bombay Stock Exchange (BSE), National Stock Exchange (NSE) and the two leading Commodity Exchanges in the country: NCDEX & MCX. Angel is also registered as a Depository Participant with CDSL. Angel Broking offers a variety of services including Equity, Derivatives, Commodities, Life Insurance, Mutual Funds, Depository Services, Trading Account, PMS, Currency Trading, NRI Services, Investment Advisory, IPO, Demat Account and Intraday Trading Tips.
Our Review: They provide free demat account only if you opt to keep Rs.25,000 as fund balance for trading/investment initially. You should negotiate for the best brokerage rates at the time of opening the account. In a sample case, free demat was allowed subject to keeping Rs.10,000 as fund balance and agreement to buy Rs.10,500 of mutual fund which was actually not mutual fund but insurance (ICICI Prudential). So, be careful as many of their marketing department employees care little about ethics, and it appears that Angel Broking knowingly or unknowingly is not able to control them. If you are a complete novice, better stay away or may burn your fingers. If you can ignore their allocated RMO and do things on your own using their software tools, Angel Broking is recommended.
Risk Warning: Trading leveraged products such as CFDs involves substantial risk of loss and may not be suitable for all investors. Trading such products is risky and you may lose all of your invested capital. The same is true for all equity-based products including share trading, share investment although the speed at which one can make or lose money is manifold for leveraged products.