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About Us

Wealthy Earnings is a Mutual Fund Investment Service that specializes in providing the best advices on the mutual funds and creates customized portfolio based on the purpose of the individual investors.

The best part of the Wealthy Earnings is always focused on the Investors success.

 

Key Features-

·  Transact Online

·  View Investments Across All Assets Classes, AMC wise and Family wise

·  Recent Transactions for MF

·  Check Holding Report for MF

·  Factsheet

·  Recommended Funds

·  Market View - News and Videos

·  Schedule tasks for your Advisor

·  Alerts - SIP Expiry, SIP Bounced, SIP Terminated.

·  Calculators

·  E-locker facility to save all your personal documents and insurance policy copies

 

Why Wealthy Earnings?

#1) Best funds for ever
We review all the mutual funds available in the market and recommend the best consistently performing funds.
You'll always have the best mutual funds in your portfolio.

#2) Regular advise about the market
Easily reachable to the investors for any kind of queries about the investment and funds
- When to Invest/Withdraw
- Where to Invest
- Why to Invest

#3) Zero Fees
Wealthy Earnings serve completely free to you.
Brokerages and banks typically charge you a per transaction fee for your mutual fund investments while wealthy earnings charges ZERO.

#4) Tax Calculation Assistance
Wealthy Earnings will generate your capital gains tax statement to help you file your advanced tax returns and annual IT returns.

#5) Family Accounts
A single login to track your entire family's mutual fund investments.

#6) No hassle of physical record maintenance
Report will be send to the investors on the regular basis (depends on the investors frequency)

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Features

Family Account

Access your family member's Portfolio
with one single login

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Transact Online

Invest Online in Lumpsum or SIP
in mutual fund schemes.

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Save Tax

Check out Tax Savings
and Invest into ELSS Funds

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Reports

View your current market value,
your profits & losses.

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Calculators

Calculate the amount of wealth
required for your goal

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Factsheet

Explore Mutual Fund schemes
and their performance

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Focused Funds

Check out our recommended funds
and invest into them

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Market Views

Get monthly market outlook
from the experts

E-Locker

Upload and save
your important documents.

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Mobile App

Manage your wealth & track your family’s portfolio with one single login. You can easily and quickly invest in Mutual Funds from the app. Explore funds, view their performance and invest. Start an SIP or invest Lumpsum. Check out our recommendation of funds under Focused Funds. Whether you made profits or loss, check out from the reports. Simply Login and setup a 4 digit PIN for subsequent login so that you don’t need to enter your Username & Password every time. Download Now!

Mutual Funds

Types of Mutual Funds in India

There is a wide range of Mutual Funds in India, which is categorized on the basis of investment objectives, asset class, and structure.

  • Equity Mutual Funds

These schemes invest directly in stocks. These schemes can give superior returns but can be risky in the short-term as their fortunes depend on how the stock market performs. Investors should look for a longer investment horizon of at least 5 to 10 years to invest in these schemes.

 

  • Debt Mutual Funds

Debt Mutual Funds mainly invest in a mix of debt or fixed income securities such as Treasury Bills, Government Securities, Corporate Bonds, Money Market instruments and other debt securities of different time horizons. Generally, debt securities have a fixed maturity date & pay a fixed rate of interest.

 

  • Hybrid Mutual Funds

A hybrid fund is an investment fund that is characterized by diversification among two or more asset classes. These funds typically invest in a mix of stocks and bonds. They may also be known as asset allocation funds.

 

Different types of equity schemes :

ELSS (Equity Linked Saving Schemes): ELSSs are tax-saving mutual fund schemes with a lock-in period of three years. Their minimum investment in equities should be 80 per cent of the total assets.

 

Large Cap Funds: The large cap category of funds will also continue to invest in large cap stocks. But the minimum investment in large cap companies should be 80 per cent of the scheme’s total assets. These schemes invest in large-sized companies and thus carry lower risk than small and midcap schemes. Large cap schemes offer modest returns. 

 

Large and Mid-Cap Funds: This is a new category introduced by SEBI. These schemes will invest in both large cap and midcap stocks. These schemes would invest at least a minimum of 35 per cent in large cap companies and 35 per cent midcap companies. 

 

Mid Cap Funds: As the name suggests, these schemes will predominantly invest in mid cap stocks. This category would invest at least 65 per cent of their total assets in midcap stocks. These schemes bet on mid-sized companies and carry a little extra risk as these companies may or may not realize their full potential. If they do, these schemes give great returns. 

 

Small Cap Funds: These schemes will invest primarily in smaller companies. The minimum investment in the small-sized companies should be 65 per cent of the scheme’s total assets. These funds invest in small companies. These companies can be extremely risky. However, they can also offer phenomenal return. 

 

Multi Cap Funds: These schemes will continue to invest across large cap, midcap and small cap stocks. They are mandated to invest a minimum of 65 per cent of their total assets in stocks. 

 

Value Funds: The schemes in this category will follow the value style of investment. These schemes are mandated to maintain a 65 per cent allocation to equities. Value investment style is where the fund manager bets on stocks that he/she believes are undervalued. 

 

Focused Funds: These schemes will invest in a maximum of 30 stocks. The scheme would mention which market cap it tends to focus (multi cap, large cap, mid cap, small cap). 

 

Sectoral/ Thematic Funds: These schemes, as the name suggests, will invest in a particular theme or a sector. These schemes will have to invest a minimum 80 per cent of their assets in equity. Sectoral or thematic funds are generally considered risky for retail investors because their fortunes depend on the performance of a particular sector.

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Market Views

Please click here for Monthly Equity & Debt Outlook Presentation – July 2020

·       Nifty (up +7.5%) finally decoupled from the US markets (S&P up only +1.8%) and outperformed during June.

 

·       Despite the headwinds, Indian markets continued to rise due to high foreign inflows (+$2.5bn, highest monthly inflows in 2020) and marginal domestic institutional buying (+$0.3bn). In sectorial trends, all sectors were up v/s May with Realty and Banks at the top.

 

·       After the border clash with China led to 20 Indian casualties, the Indian forces deployed along the 3500-km border were given “full freedom” to counter any aggressive Chinese behavior . Later both countries, however, agreed on a “step-wise mutual disengagement” from areas of friction in Ladakh averting further escalation. 

 

·       IMF projected a deeper 4.5% contraction (vs -1.9% in April) for India in FY21 citing a longer lockdown period and slower than anticipated recovery. FY22 growth forecasted at +6% vs +7.4% earlier.

 

·       Moody’s downgraded India’s rating to Baa3, last level of investment grade rating, while keeping outlook as negative. whereas Fitch reaffirmed BBB- rating but changed the outlook to negative. S&P retained BBB- rating with a stable outlook. 

 

·       The gross GST revenue collected in the month of June, 2020 is Rs 90,917 crore.

 

·       The India Manufacturing Purchasing Managers Index (PMI) edged up to 47.2 in June, compared with 30.8 in May.

 

·       May merchandise trade deficit narrowed to a decade low $3.2bn on weak crude and faster recovery in exports vs imports.

 

·       RBI’s FX reserves hit a record $500bn on portfolio inflows and lower trade deficit.

  • India Inc over the last 3 years has seen multiple shocks – from demonetisation to key reforms like GST, RERA etc. to credit freeze in aftermath of wholesale NBFC unable to get access to credit to current lockdown amidst the global supply and demand shock unleashed by Coronavirus. In the long journey of corporate India, these events almost seems like a big RESET button. A call to significantly change business practices, realign key business priorities in a changing landscape and massive consolidation across sectors.

 

  • ·       Covid19 – while initial impact was localised to Chinese economy and therefore the supply shock given large export from China, the spread of virus globally now risks creating a demand shock as well. While global coordination of policy makers and containment of virus and improvement in drugs to counter will reduce the longer term impacts of this shock, near-term demand and supply chains remain frozen amidst a significant drop in economic activity. We are slowly emerging from lockdown to phases of ‘unlocking’ the economy.

 

  • ·       While Indian government & RBI have announced few measures, we expect more measures to be announced given the unprecedented nature of events led by Covid 19. Amidst this uncertainty, Indian equities have seen large up and down moves in recent months.

 

  • ·       While near term uncertainty induces volatility in asset prices, in the long run, wealth creation in equities is a function as how businesses can profitably grow over their cost of capital sustainably. Given the long-range of reforms introduced as well as likely relief measures by government & RBI, we believe longer-term prospects of Indian equities is quite encouraging and we would advise investors to benefit from such induced volatility.

 

  • ·       Time in the market is more important than timing the market - recently, markets volatility has moved up and investors can benefit from this volatility by focusing on disciplined investing and asset allocation.

·                India FY 21 Q4 GDP numbers came in at 3.1%, dragging the full year growth at 4.2%. While the Q4 GDP was slightly higher than expectations, all previous GDP figures for FY 20 were revised downward between 4-7 basis points.

 

·                The government also came up with its increased borrowing plan for FY 21 in the month of May revised to Rs. 12 lakh crore from 7.8 lakh crore, taking the weekly borrowing to Rs. 30000 crore. However as the economy is in Risk off mode with low credit off take, the increased demand for government bonds has kept the yields anchored.

 

 

·                Shortly after the increased the Finance minister announced the “Aatmanirbhar” economic relief package of Rs 20 lakh crore.

 

·                We saw unprecedented swing in the OIL markets, the oil trading in the range of 20 to 37 dollars a barrel. Overall lower OIL and commodity prices in generally beneficial for the country. The slowdown in demand has helped to lower the trade deficit that could eventually lead to a rare surplus in current account.

 

 

·                On 22nd May the RBI Governor cut the policy rate by 40 basis points, taking the repo rate to 4%. This is the second unscheduled rate cut given by the Reserve Bank.

Equity Market Outlook - July 2020 by Ms. Shibani Kurian - Head Of Research and Equity Fund Manager
06/07/2020 11:41:33
Monthly Debt Market Outlook- July 2020 by Ms. Lakshmi Iyer, CIO (Debt) and Head Products
06/07/2020 11:35:16
An overview of last month's market. #KMFMarketRoundUp (29th May 2020 - 30th June 2020)
06/07/2020 11:33:41
 

Contact Us

Phone

6363700514
Email help.wealthyearnings@gmail.com
Address: #202, 2nd Floor, RVS Sumeru, Near Aralikatte, Ganigarapalya, Bengaluru - 560062