myfinology Profile picture
Mar 26 3 tweets 2 min read
Biggest Mutual Funds companies in terms of AUM💰

• SBI MF 6.27 Lakh Cr
• ICICI Pru MF 4.67 Lakh Cr
• HDFC MF 4.47 Lakh Cr
• Aditya Birla 2.98 Lakh Cr
• Nippon 2.80 Lakh Cr
• Axis 2.50 Lakh Cr

But what is AUM?⤵️

#invest
AUM is the total market value of the assets that a mutual fund manages.

➡️High AUM means the fund is more popular!

#StockMarket #SBI
But should you invest on the basis of AUM🤔

Let us know what you think with your doubts and we will post a detailed thread next week on this.⤵️

#investing #FinancialEducation

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with myfinology

myfinology Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @myfinology

Mar 26
Arranged marriage is scary, what if his/her salary is five-digits and EMI six 🤦‍♀️
Arranged marriage is scary, what if their only emergency fund is you 🤥
Arranged marriage is scary, what if his/her portfolio is in GB & not in Lakhs 🙄
Read 4 tweets
Mar 26
Spending money on health insurance is hard but paying your medical bill is HARDER
Investing 25% of your income is hard, but working post 60 is HARDER

#investing #personalfinance
Compromising on your luxury aspirations is hard, but repaying your debt is HARDER
Read 4 tweets
Mar 25
What is BTST Trade?

A Thread! 🧵

#StockMarketindia #finance
BTST stands for Buy Today, Sell Tomorrow, also sometimes called ATST- Acquire Today, Sell Tomorrow.
In BTST, you have the option of selling shares that are not yet received in your Demat account.
Read 6 tweets
Mar 25
We all do SIP in Mutual Funds kyuki vo sahi hai!

But should we consider SIPs in stocks? 🤔

Let’s find out.⤵️

#stocks #personalfinance #StockMarketindia
What is Stock SIP?

Stock SIP is a simple way to invest in equity market by buying stocks in a systematic amount/quantity on a periodic basis (weekly, monthly, etc.)
What are the Benefits?

⏩In the long run, systematic investment plans vs market-timed investments yield similar returns with negligible difference in most cases.

Additionally, it also reduces the price of volatility risk.
Read 10 tweets
Mar 24
Few indicators to evaluate the Management of the Company. 🏦

• Promoter’s Background
• Promoter’s Salary
• Capital Allocation
• Related Party Transactions

Let's discuss them in detail. ⤵
1️⃣Promoter’s Background

The factors that define the quality of management include the experience and skills of the promoter or the Board of directors.

#StockMarketindia
2️⃣Promoter’s Salary

As per section 197 of the Companies Act, the total managerial remuneration paid by a public company to its directors should not exceed 11% of the company's total profit.
Read 6 tweets
Mar 24
Are you buying Insurance this year just to save taxes?

DON'T. 🤫

It could cost you more than it saves in taxes!

Here's how ⤵️
Suppose there is a Mr Rahul who gets Rs 7.5 Lakh a year as his salary (with no other sources of income).

➡️ In India, if you earn more than 5 Lakh, you have to pay taxes.

#taxpayers
But there are ways by which you can reduce your Taxable income. Some of them are:

° By investing up to 1.5 Lakh in PF, NSC, ELSS, Insurance, etc (80C)
° By investing up to 50 Thousand in NPS (80CCD)
Read 15 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(