Category: Client Corner

Investing in mutual funds has never been new to me. I have always liked to think about creating wealth over the long term. Hence it has never been difficult for me to understand this space.

I have been investing in mutual funds through small SIPs ever since I started working. But after I got married, I wanted some second opinion on creating a well – diversified portfolio for some lump sum amount that I had in hand. That is when one of my friends who also happens to be a CAGR client introduced me to the CAGR team.

They came to my place and we had a very casual yet candid conversation. I told them about my current investments and further requirements that I had. Instead of right away jumping to recommending what funds I should be investing in, they insisted that we talk about goals in general. Since I was just married we did not have much beyond wanting to buy a property a few years down the line. I liked how they don’t talk like typical financial planners or mutual fund agents.

They first explained the basics of financial planning, why ULIPs are not a recommended product (relevant since my husband was invested in a few ULIPs) and then gave a brief of what they do. They showed me their online platform and detailed the advantages of investing online.

Now, I was already investing online. But I still had to resort to different websites and different documents to analyse my portfolio on a whole. Whenever I wanted to check how my portfolio was doing, it seemed like an exercise to me. This is where I got sold to CAGR. They have an amazingly convenient platform where most things happen in just a few clicks. Just as an example, I literally started a portfolio of monthly SIPs in just 2 clicks. While the transaction experience is smooth, it is also quite easy to track the portfolio. Everything is at one place. All I need to do is login to see how much money I have made and what the return is like. I never have to search for multiple statements and spend time on consolidating the data.

For me, the convenience they offer is what appeals to me the most. Also, they are very approachable and available whenever needed. So whenever I have a clarification about anything to do with money, I know which number to dial. While I am all in for digitization of services, I feel that having a face to talk to always helps.

Story has been contributed by Aditi Bajpai who has been a CAGR client since January 2017. Aditi is an MBA graduate from IIM – Raipur and is married to Karan Jenaw (also a CAGR client).

Call / whatsapp us on +91 9769356440 for a free financial consultation!

When I first decided to pursue MBA, I assumed it to be synonymous with 6 figure salaries. Well, I wasn’t wrong about that. Yet my life was a perfect live telecast of a “hands to mouth” living. I had no control over my expenses and at the end of every month, I had absolutely no idea where my money was being syphoned off to. Financial Planning was definitely not luring me enough. But somehow that wasn’t even bothering me. Maybe because I thought such is life for everyone who is approaching his late 20s.

This (Read: Mid 20s) is also a time in life when taking risks gives a lot of thrill. So I started investing in stock markets. I now realize I was betting on circumstances which I could not predict. But I think I was lucky since I had invested a small amount in 2 stocks. By the way, that was my only “savings cum investment” so to say. And oh, also the annual allocation I used to do for the 80C deductions.

Life went on and I forgot about the amount parked in the two stocks. On one such day, I met my friend Vikash who has started a wealth management company called CAGRfunds. As I told him about my inability to save, he told me about investing, mutual funds and the stock market. Boom. I just remembered my stock investments. I went home, logged on to the site and there it was. A substantial reduction over what I had invested. Complete disbelief overtook me.

So I called back Vikash and asked him about what should I be doing with my money. And that is how I started my investing journey with them. Vikash gave me the following two pieces of advice that day.

1. Redeem all my stock investments. This was because I neither had the expertise nor the knowledge to identify and monitor the right stocks. And my portfolio pretty much made that clear to me.
2. Start a small SIP.

At that point, I had no idea of what a mutual fund is or what does SIP mean. But the next few sessions with the CAGR team clarified a lot of misconceptions I had about “money” in general and at the same time, opened up a huge number of possibilities of wealth creation.

But that is not what I liked about them. It was the fact that they asked me to start small. Simply because I was new to this domain and they felt it was important for them to educate me along the way. Now, I have met a number of relationship managers from various banks, but no one has ever asked me to start small.

I, therefore, started with a small amount as my monthly investment. Within 6 months, I started a few more SIPs and then kept on adding to it. Life couldn’t have been this simple had it not been for the CAGR online platform (www.cagrfunds.com). Online investment, monitoring and redemption – all in just a few clicks. And because it is a few clicks, it is much easier to manage investments regularly. Although I pretty much manage my investments myself, I owe it to the CAGR team for making me more responsible and now wealthier.

The story has been contributed by Abhilash Sethi who has been a CAGR client for over a year now. Abhilash is a 28-year-old MBA graduate from IIM – Bangalore and is married to Rachana Dongre (also a CAGR client).

Call / WhatsApp us on +91 9769356440 for a free financial consultation!