Basic Financial Services

03/01/2026

Be it paying off a debt, or getting that elusive house or living the lavish lifie or increase your investment to achieve your financial goals, the new year is the perfect time to set some new savings goals for the coming year. One way to go about it is making the best use of your hiked salary—-just add the additional income to your investment kitty through Mutual Fund’s SIP.

When your paycheck increases, it’s easy to want to spend the extra money on clothes, subscriptions, or other small things that make life a little nicer. To avoid spending your raise, you should automate your retirement contributions from the very beginning. This means the money goes straight into your retirement accounts without you touching it.

16/02/2025

How to design your portfolio investment to achieve your financial goals?
Although there is no single solution for all. It may vary based on the risk tolerance and time horizon.
However the following framework may help you to invest smartly:

1. Short-term goals (1-3 years): 85% Invest in liquid funds, fixed deposits or short-duration debt funds & rest 15% invest in hybrid equity funds for your near-term goals. These investments carry low risks and provide moderate yet stable returns.

2. Medium-term goals (3-5 years): If your goals fall within this range and are somewhat flexible (like upgrading a car or saving for a wedding), consider a balanced approach. Allocate some portion (40 to 45%) in equity mutual funds , with the rest in fixed-income options for stability

3. Long-term goals (over five years): Invest 80% in aggressive equity mutual funds & 20% in hybrid equity or dynamic asset allocation fund, as they are your best bet to grow wealth. Though volatile in the short run, equity earns inflation-beating returns, helping you accumulate a sizable corpus over time.
Happy Investing!

Team BFS

26/01/2025

Investment portfolios are like gardens – they need regular maintenance to stay healthy. When setting up your portfolio, you likely choose your asset allocation based on your financial goals and risk tolerance. However, market movements have a way of altering these carefully laid plans. This natural deviation from your target allocation is called 'portfolio drift', a challenge every investor faces.
*Making rebalancing a regular habit is crucial for long-term investment success. The key is staying committed to your strategy regardless of market conditions*. While the process might seem complex, particularly for larger portfolios, professional guidance can help ensure it's done efficiently and effectively. *Don’t worry we here at Basic Federal Services (BFS) provide goal based portfolio management services free of cost to our existing clients which is based on our research tools supported by Morning Star*
Happy to assist you!
Team BFS

Mr. Amlesh Kumar Mishra is the Founder of Basic Federal Services. At Basic Federal Services, We view our mission to give reliable, efficient, and responsible financial products to our clients and help them to create wealth out of the saving and get financial freedom. We are AMFI-registered financial...

10/01/2025

*ICICI Pru Rural Opportunities Fund NFO*

🌾🚜🌧️👩‍🌾🛵

*NFO date: January 9th to January 23rd*

What is this fund all about?

- Fund will be focusing on sectors which will benefit from rural growth and revival
- ⁠80% of portfolio will be based on NIFTY Rural TRI which was launched in July, 2024.
- ⁠This is the first fund in the industry tracking the NIFTY Rural TRI.

Why a Rural Opportunities fund at this point?

- ⁠Markets are richly valued but some sectors have had a healthy correction. This correction may provide good entry points and they can benefit from rural growth and recovery.

*Some tailwinds for these sectors to do well may be*:
1) Upcoming budget
2) Reducing dependence on agriculture (more people getting employed in tourism and manufacturing)
3) Major companies have given commentary about rural growth being faster than urban
4) $2000 per capita income mark, which when crossed can increase consumption drastically - is expected to occur in rural India.
5) Low pe*******on of financial services - huge scope since financial services stock have been beaten down for a while
6) Food inflation can be a positive for farmers

*How will ICICI Prudential manage this*?

- All the previous NFOs have had prudent cash deployment, the same will be followed here.

Investors who want to participate in the long term story of India’s growth beyond the cities, can invest into a fund like this.

Taxation: Equity tax
Exit load:
Less than 12 months, 1% of NAV
More than 12 months, NIL

Fund manager: Sankaran Naren and Priyanka Khandelwal.
The investment option (SIP & Lumpsum) for this fund is available at our website https://www.basicfederalservices.in/

Happy Investing !

Team BFS ( Basic Federal Services )

09/01/2025

01/09/2024

Business Cycle Fund : A business cycle fund is a type of investment fund that seeks to optimize returns by adjusting its portfolio according to the different phases of the economic cycle, leveraging the performance of different sectors and asset classes during these phases. It offers the potential for enhanced returns, better risk management, and adaptability to economic changes, making it an attractive option for investors who are looking to benefit from economic trends while managing risks effectively.

Some of the Key benefits of the business cycle fund are given below for your ready reference :
1. Dynamic Asset Allocation
2. Better Return Potential
3. Cyclical Opportunities provides potential leading to sustain long term even better returns
4. Reduction of Economic (Cyclical) Risks
5. Diversified Exposure
6. Inflation Protection

It is highly recommended to add the Business cycle in your portfolio. For any assistance contact us at our branches (Basic Federal Services ) or visit our website https://www.basicfederalservices.in/

Happy Investing!

Team BFS

Mr. Amlesh Kumar Mishra is the Founder of Basic Federal Services. At Basic Federal Services, We view our mission to give reliable, efficient, and responsible financial products to our clients and help them to create wealth out of the saving and get financial freedom. We are AMFI-registered financial...

01/09/2024

Life insurance provides a financial safety net for your dependents, such as a spouse, children, or elderly parents. The payout, known as the death benefit, can help them maintain their standard of living after you face the unfortunate event.

If you are the primary breadwinner, life insurance can replace your lost income, helping your family to cover daily living expenses, mortgage payments, and other financial obligations. Insurance is not just an expense; it is crucial for securing your financial stability and your family’s future, and should not be viewed as a burdensome cost.

23/08/2024

How to Create a Personal Budget and Saving Plan:

There are several steps that need to be taken when a budget and saving plan is being created. This will ensure the process is done in step by step manner and nothing has been missed out. Everyone needs to create such a plan to utilize his hard-earned money better.

The Following steps would be useful in creating your budget/Estimate:

1. Start Collecting the relevant details about various source of income and expenditure. Please note that the availability of basic data is the most crucial part of your budgeting.

2. Checkout properly that not a single item has been missed out.
3. The budget figures may be taken based on the average of last 3 months income or expenditure.
4. Make provision for some changes in your personal budget based on time period for which it is done. For example, when vegetable or commodity prices show spike, Spike in medical expenses due to season/situation change, the higher amount needs to be allocated.
5. There should be a provision for uncertainty too in your budget. There are times when sudden change disrupts everything, but this feature would ensure that your budget remains robust.
6. The Amount of saving needed to increase through the curtailment of some expenses within limit. So that the required saving figure based on your financial goals needs to be present.
7. There has to be a proper allocation of your saving into various investment options available. *The best available Investment option is Mutual Fund Investment because of its features and flexibility of investment amount*.
Happy Investing

Team BFS

Mr. Amlesh Kumar Mishra is the Founder of Basic Federal Services. At Basic Federal Services, We view our mission to give reliable, efficient, and responsible financial products to our clients and help them to create wealth out of the saving and get financial freedom. We are AMFI-registered financial...