Dear readers, hope you all are doing well. We, women, are the finance minister of our homes and it is imperative that we make informative decisions when it comes to managing our finances.
Mothers play a vital role in managing the family’s finances. However, when challenges arise, it may become difficult for them to achieve their goals. Here are the top 6 hurdles that mothers face and how mutual funds can help moms overcome them. So, this Mother’s Day, gift her something valuable. Gift her solutions to her major
financial worries and help her become an independent mother. Insufficient savings for children’s education and future needs.
Limited income and budget constraints. Lack of financial literacy and investment knowledge. Uncertainty about retirement savings. Inadequate emergency savings.
Inflation affecting savings.
Solution: Investing in mutual funds that are specifically designed for a child’s future via Systematic Investment Plan (SIP) can help mothers secure their child’s future.
Solution: With mutual funds, it is possible to start investing with as less as Rs. 500.
Solution: Mothers can consult a mutual fund distributor who has the expertise to address and resolve common financial concerns and help build a diversified portfolio.
Solution: Mothers can invest in money market funds or liquid funds where it is relatively easy to redeem money in case of emergencies.
Solution: Investing in equity-oriented mutual funds can help mothers stay ahead of inflation as equities can help in long-term wealth creation.
Solution: Mutual funds can help mothers save for retirement by providing a range of investment options that are designed to meet different risk and return preferences.
Mutual fund investments are subject to market risks, read all scheme-related documents carefully.
An Investor Education & Awareness Initiative
Investors should deal only with Registered Mutual Funds, to be verified on the SEBI website under Intermediaries/Market Infrastructure Institutions”. Refer to
www.assetmanagement.hsbc.co.in for details on completing a one-time KYC (Know Your Customer) process, change of details like address, phone number
etc. and change of bank details, etc. For complaints redressal, either visit www.assetmanagement.hsbc.co.in or SEBI’s website www.scores.gov.in. Investors
may refer to the section on ‘Investor Education’ on the website of Mutual Fund for the details on all ‘Investor Education’ on the website of Mutual Fund for
the details on all ‘Investor Education and Awareness Initiatives’ undertaken by AMC.
Disclaimer: This document has been prepared by HSBC Asset Management (India) Private Limited for information purposes only and should not be
construed as i) an offer or recommendation to buy or sell securities referred to herein or any of the funds of HSBC Mutual Fund; or ii) an investment research
or investment advice. Investors should seek personal and independent advice regarding the appropriateness of investing in any of the funds, securities, other
investment, or investment strategies that may have been discussed or referred to herein and should understand that the views regarding future prospects may
or may not be realized. This document is intended only for those who access it from within India and is approved for distribution in Indian jurisdiction only.
Distribution of this document to anyone (including investors, prospective investors, or distributors) who are located outside India or foreign nationals residing
in India, is strictly prohibited.