The last 6 months have been extraordinarily difficult for many people due to the COVID-19 pandemic. Many people have lost their lives and many had to suffer the illness caused by Coronavirus. We had to go through a stringent lockdown and there are continuing restrictions on some activities. With volatility in equity market and near term outlook remaining uncertain, risk-taking capacities have changed drastically over the course of the last six months. Investors are likely to be nervous about committing lump sum to mutual fund investments. In such a situation SIPs are an ideal solution to grow investor’s hard earned money.
SIPs for long term financial goals
Even though there is uncertainty about the near term, long term aspirations and financial goals of investors remain the same. Stage of life financial goals like children’s higher education, retirement planning, wealth creation and leaving an estate for loved ones remain important priorities, irrespective of the situation we may find ourselves in. Planning and disciplined investing through SIPs is of utmost importance in achieving long term financial goals. Systematic investing will be required for investors to pursue aspirations like becoming an entrepreneur, pursue a career in performing arts (music, drama etc), literature, photography etc. You need a financial plan, in order to achieve your aspirations and take care of your family at the same time.
The benefits of SIP are well known: -
Axis MF – Shuruaat SIP Se
Axis Mutual Fund has launched new investor awareness digital campaign called “Shuruaat SIP se” with the aim to educate investors about the importance of SIPs to meet the intended financial objective. The current pandemic has taught us about the importance of disciplined investing. The campaign aims to make investors realise that at any given point in their lives, a secure investment portfolio will be of paramount prominence. The digital campaign aims to bring home the point that whether we are aiming to start our career as a musician, or venturing into our own businesses, or even starting on the journey to create our own wealth, a systematic and disciplined form of investing is a must.
Mr. Chandresh Kumar Nigam, MD & CEO, Axis AMC said, “The journey to every new goal begins with taking the first step in the right direction. Similarly, for financial wellness, you need one step towards responsible investing—and it need not be a big step. It can be a tiny step, one that you are comfortable with. The important thing is to start, stay focused, and adopt a disciplined and systematic approach. Through the “Shuruaat SIP se” campaign, we are hoping that investors understand the importance of starting the investment journey with a SIP.”
You can watch the AXIS MF video campaign here - https://www.youtube.com/watch?v=zXvqgm-ui_Y. The video is short but its message is simple yet powerful and will resonate with both investors and distributors who want to reach out to their customers with SIP propositions. The campaign is not just meant for existing MF investors but will also appeal to new investors. From demographic standpoint, the campaign will appeal to millennial and younger investors; at the same time, it is also relevant for investors who are in other stages of their lives.
Why should distributors focus more on SIPs in the current environment?
In these uncertain times, SIPs are ideal investment solutions for protecting and growing investors hard earned money. Axis Mutual Fund’s digital investor education campaign, “Shuruaat SIP se” drives home the importance of SIP for achieving financial goals.
Shuruaat SIP Se is an investor education and awareness initiative by Axis Mutual Fund. Investors have to complete one-time KYC process. Visit www.axismf.com or contact us on email@example.com for more information. Investors should deal only with Registered MFs, details of which are available on www.sebi.gov.in - Intermediaries/Market Infrastructure Institutions section
Disclaimer: This press release represents the views of Axis Asset Management Co. Ltd. and must not be taken as the basis for an investment decision. Neither Axis Mutual Fund, Axis Mutual Fund Trustee Limited nor Axis Asset Management Company Limited, its Directors or associates shall be liable for any damages including lost revenue or lost profits that may arise from the use of the information contained herein. Investors are requested to consult their financial, tax and other advisors before taking any investment decision(s). Statutory Details: Axis Mutual Fund has been established as a Trust under the Indian Trusts Act, 1882, sponsored by Axis Bank Ltd. (liability restricted to Rs. 1 Lakh). Trustee: Axis Mutual Fund Trustee Ltd. Investment Manager: Axis Asset Management Co. Ltd. (the AMC). Risk Factors: Axis Bank Limited is not liable or responsible for any loss or shortfall resulting from the operation of the scheme. No representation or warranty is made as to the accuracy, completeness or fairness of the information and opinions contained herein. The AMC reserves the right to make modifications and alterations to this statement as may be required from time to time.
The information set out above is included for general information purposes only and does not constitute legal or tax advice. In view of the individual nature of the tax consequences, each investor is advised to consult his or her own tax consultant with respect to specific tax implications arising out of their participation in the Scheme. Income Tax benefits to the mutual fund & to the unit holder is in accordance with the prevailing tax laws as certified by the mutual funds consultant. Any action taken by you on the basis of the information contained herein is your responsibility alone. Axis Mutual Fund will not be liable in any manner for the consequences of such action taken by you. The information contained herein is not intended as an offer or solicitation for the purchase and sales of any schemes of Axis Mutual Fund.
Past performance may or may not be sustained in the future.
Stock(s) / Issuer(s)/ Sectors mentioned above are for illustration purpose and should not be construed as recommendation.
Mutual Fund Investments are subject to market risk, read all scheme related documents carefully.
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