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Moneywizard Financial Services

Kukatpally, Hyderabad, Telangana

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Moneywizard Financial Services is a Wealth Management and Investment Advisory firm with an extremely strong focus on client relationship. The team at Moneywizard has proven track record in Financial Services and Investment Advisory domain and brings with it strong research and investment advisory capabilities keeping in mind the regulatory framework and the volatility in the investment climate.
We offer a progressive planning practice that differentiates itself by being disciplined, well researched and profitable. We have our processes and practices start at grassroots, ensuring all angles are covered in the financial planning process.
Considering the tumultuous and the volatile times that we are living in, the need for valuable and active financial planning and wealth management has never been more important and critical. The goal is to create, grow and preserve wealth. The advisory practice is built on the foundation of trust, integrity and responsibility and hence we are always committed to exceeding the expectations of the clients.
Across all solutions, our first exercise is to discuss with you extensively to understand your context, aspirations and constraints. We prefer working with our clients over multiple years rather than focusing on one-off transactions. Irrespective of which services you choose, we will be committed to provide you quality service over the long term.
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36AIUPG4128R1ZH

Financial Planning Service
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One of the first most important steps in financial planning is to set financial goals for your future using goal based investing concepts. Financial goals are targets which you would like to achieve in the years ahead
How to go about goal based financial planning ?
The first step in setting up your financial goals is to chalk out those occasions in life when you will have to shelve out a large amount of money which your regular income cannot meet. It’s a no brainer that on occasions like marriages, education, international trips and retirement, you will need a lump sum amount of money to spend which your monthly salary will not be able to cater for.
Steps in setting financial planning goals or goal based investing :
• Step 1 – List down all your future financial goals – these are occasions when you need a large sum of money.
• Step 2 – List down the time frame as to when these will occur.
• Step 3 – Document the current expense for these – how much you need to spend if this goal were to happen today.
• Step 4 – Calculate the future value of this goal with an inflation figure.
• Step 5 – Calculate how much you need to save each year/month for this goal. For this you will assume a rate of return which will depend on how far your goal is and which investment method you chose.
Invest for your goal in a suitable investment class
It must be noted that goals can be short, medium or long term in nature.
Examples of short-term goals could be :
1. Pay off a home loan in another 1 year
2. Plan a major birthday bash for your child next year
Examples of medium-term goals could be :
1. Buy a car in another 3 years
2. Revamp the interiors of your house in 4 years
Examples of long-term goals could be :
1. Save for retirement
2. Save for child’s education
3. Save for child’s marriage
4. Plan for an international trip
It is very important to note that the rate of return and where you invest will largely depend on whether your financial goal is short-term, medium-term or long-term in nature. While equity is considered the best way to invest for long term goals, for short-term goals, debt is more desirable while medium-term goals can have a mix of both

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Insurance is a basic form of risk management which provides protection against possible loss to life or physical assets. A person who seeks protection against such loss is termed as insured, and the company that promises to honour the claim, in case such loss is actually incurred by the insured, is termed as Insurer. In order to get the insurance, the insured is required to pay to the insurance company (i.e. the insurer) a certain amount, termed as premium, on a periodical basis (say monthly, quarterly, annually, or even one-time).
Life Insurance
Insurance against risk of loss to one's life is covered under Life Insurance. Life insurance is also known as long term insurance or life assurance. It includes Whole Life Assurance, Endowment Assurance, Assurances for Children, Term Assurance, Money Back Policy etc. To buy or get information on life insurance products offered by us, please click on the link above.
Insurance plans are must for a secure future. Mishaps can happen anywhere and anytime. Insurance plans comes to help in such cases.
Insurance planning is an important aspect of life for every working individual or family. Taking an insurance policy is important not just as a safeguard against unprecedented calamities. It also ensures the future financial well being of one's dependents.
YOU heard enough about why you should buy insurance. So you wake up one morning and decide to buy yours that day. And then, you realise, you have no clue where to begin. Well, how about here for a start.
Evaluate your life insurance needs
An extremely popular product, life insurance offers a lot more than just tax planning and investment returns. You are afforded the ability to plan for unforeseen events that could adversely affect your family's financial profile.
Factors to consider
Your financial profile and needs are different from your neighbour’s. The same holds true for your insurance needs. Your decision when going for insurance must revolve around the number of dependants and their financial needs.
Factors you should consider
• Wealth, income and expense levels of your dependants
• Significant foreseeable expenses
• Inheritance you would leave them
• Lifestyle you want to provide for them
Plan your insurance properly
Obviously the above factors don’t mean much unless they are quantified. A time-tested approach used by insurance and financial planners globally is the capital needs analysis method.

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Tax Planning Service

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Tax planning is an essential part of your financial planning. Efficient tax planning enables you to reduce your tax liability to the minimum. This is done by legitimately taking advantage of all tax exemptions, deductions rebates and allowances while ensuring that your investments are in line with your long term goals.
Selecting tax saving investments
You should think about the following criteria, before selecting your tax saving investments for the year:
Liquidity: How quickly will you need the money? Will you need to access the money within the next year or two years or over what duration ? None of the above instruments let you withdraw your money quickly, in fact there is a minimum three year lock in for all tax saving investments.
Risk and Return: How much risk do you want to take. There is a trade off between the two, some instruments are very low risk, but as a result they give low returns which are capped.
Inflation protection: The instruments that give you a low return typically are the worst type of investments regarding inflation. This is important because many of the instruments give you a fixed rate of interest, and lock in your money for a long period. This is not a good protection against inflation.
Tax Exemption: All tax saving investments under Section 80C are alike in one respect that they are tax exempt when they are invested. But they differ with respect to the tax on the income you earn from such an investment as well as the tax on the maturity of the investment
List of qualifying instruments under S. 80C ( limit Rs. 1,00,000) :
Provident Fund (PF) & Voluntary Provident Fund (VPF):
Public Provident Fund (PPF):
Life Insurance Premiums
Equity Linked Savings Scheme (ELSS):
Home Loan Principal Repayment
National Savings Certificate (NSC):
Pension Funds – Section 80CCC
5-Yr bank fixed deposits (FDs):
Senior Citizen Savings Scheme 2004 (SCSS)
5-Yr post office time deposit (POTD) scheme
Children’s education expense (for which you need receipts), that can be claimed as deductions under Sec 80C.
Newly added long term Infrastructure Bonds u/s 80CCF upto Rs. 20,000
INCOME TAX SLABS : A Y 2011-12

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Risk Management Service

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Managing risk in investing
Risk and investing are two sides of the same coin. You can’t avoid risk if you want the potential rewards of investing.
However, you can control the amount of risk you take and that begins with knowing your tolerance for risk.
Risk is a manageable part of investing. It can work for you if you know your limits and stick to a plan that is within your tolerance for risk-taking.
We at Moneywizard will help manage your risk by analyzing your risk appetite and suggest you the best customized solution for managing and minimizing the risk in investing.
Managing Risk with Insurance
Each and every one of us is surrounded by risk every day. Driving to work is a risk. Going on a business trip or vacation is a risk. Playing first base for the company softball team is a risk. Even leaving the house on a cloudy day without an umbrella is a risk.
Insurance is the means by which you secure protection for yourself and your family against unforeseen circumstances.
Auto insurance helps protect you from financial loss on an automobile due to accident or theft.
Health insurance provides financial support for medical-related costs.
Life insurance was only to protect those left behind by the insured when the insured dies.. Now with innovative policies life insurance also help provide financial protection to the insured during their lifetime as well. The values that accumulate in permanent life insurance can provide for you and your family in the event of an emergency, or when funds are needed for things such as college education, or retirement income.
Making the decision to buy life insurance is taking an important step toward your future financial security.
We at Moneywizard help you to select the right products which give you protection as well as help you in meeting your financial goals.

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Wealth management helps people determine their monetary goals and develop actionable strategies that could help them realize their goals. It also defends their finances against risks. Wealth management is a service designed specifically for high net worth individuals.
Protect and grow your wealth with our Wealth management services ::
Wealth Management offers the following services:
• Investment planning
• Insurance planning
• Retirement planning
• Risk Management
• Asset Allocation
• Tax Planning
• Alternative investments
• PMS – Equity and Mutual funds

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Mutual fund is a trust that pools money from a group of investors (sharing common financial goals) and invest the money thus collected into asset classes that match the stated investment objectives of the scheme. Since the stated investment objectives of a mutual fund scheme generally forms the basis for an investor's decision to contribute money to the pool, a mutual fund can not deviate from its stated objectives at any point of time.
Every Mutual Fund is managed by a fund manager, who using his investment management skills and necessary research works ensures much better return than what an investor can manage on his own. The capital appreciation and other incomes earned from these investments are passed on to the investors (also known as unit holders) in proportion of the number of units they own.
Concept of Mutual Fund
When an investor subscribes for the units of a mutual fund, he becomes part owner of the assets of the fund in the same proportion as his contribution amount put up with the corpus (the total amount of the fund).
Mutual Fund investor is also known as a mutual fund shareholder or a unit holder.
Any change in the value of the investments made into capital market instruments (such as shares, debentures etc) is reflected in the Net Asset Value (NAV) of the scheme. NAV is defined as the market value of the Mutual Fund scheme's assets net of its liabilities. NAV of a scheme is calculated by dividing the market value of scheme's assets by the total number of units issued to the investors.
For example:
A. If the market value of the assets of a fund is Rs. 100,000
B. The total number of units issued to the investors is equal to 10,000.
C. Then the NAV of this scheme = (A)/(B), i.e. 100,000/10,000 or 10.00
D. Now if an investor 'X' owns 5 units of this scheme
E. Then his total contribution to the fund is Rs. 50 (i.e. Number of units held multiplied by the NAV of the scheme)

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Equities Service

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Gone are the days when equity investment meant trading in stocks. Over the decades, investors have been presented with a number of products and a good equity portfolio can have a combination of all of them.
For those looking at equity allocation in their portfolio, trading in stocks is not the only option. Today, there is a larger basket of products which allows investors to have equity allocation.
Here are some of those options:
Direct stocks
One of the traditional options, this one is still popular among those who love dabbling with stocks. With the Indian stock market increasingly getting matured and attracting global investors, the amount needed for equity trading has steadily gone up. A minimum investment of Rs 50,000 is needed if one aspires to acquire any of the top performing blue chip stocks from the index. Also, an investor has added costs to take care of such as brokerage on trading, demat account charges, etc. If the churn in the portfolio is done very often, one will also have to take care of short term gains which continue to be taxed at 15 percent even after the budget.
We are also providing the facility for online equity trading. For details Contact us
If one can set aside a larger corpus for stocks, PMS (portfolio management service ) can be another option. The amount to be parked ranges from Rs 5 lakh to a couple of crores. For PMS details, Contact us.
Mutual funds
Mutual funds too have exposure to equity,but one needs to have a different approach unlike direct stocks. The biggest advantage is the exposure to a basket of stocks unlike direct investment where the individual's ability will be restricted to a few stocks. More importantly , the risk of buy and sell is outsourced to a professional team and hence one need not worry about profit-booking . In fact, the decision to sell should be based on individual needs or liquidity needs.
There are plenty of innovative products to choose from. Besides diversified and thematic funds, there are schemes which provide risk management through trigger options. The biggest advantage with an MF is that one can start with as low as Rs 500.
Futures and Options
Another popular product for equity investors has been the emergence of futures and options. Unlike stocks, these are traded in lots and allow investors to bet on the future price of a stock. The risk is much higher and so is the potential to earn returns. These can be used as a hedge to manage risk in cash segment with a contra deal. For instance, an investor can go long with a stock in the cash segment and hedge with a short selling in the F&O segment . But unlike cash segment , the contract needs to be terminated which is one of the reasons why a wrong call can result in huge financial losses.
Equity through insurance and pension plans
Insurance, thanks to unit linked plans, has become a vehicle for equity exposure for many. Unlike mutual funds, insurance companies are long term players in the stock market which also means investors too need to think long. Both insurance and pension plans come with exposure to equity and long term investors with an investment horizon of more than 10 years, can sign up for unit-linked plans.

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Life Insurance Service

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Insurance is a basic form of risk management which provides protection against possible loss to life or physical assets. A person who seeks protection against such loss is termed as insured, and the company that promises to honour the claim, in case such loss is actually incurred by the insured, is termed as Insurer. In order to get the insurance, the insured is required to pay to the insurance company (i.e. the insurer) a certain amount, termed as premium, on a periodical basis (say monthly, quarterly, annually, or even one-time).
Insurance against risk of loss to one's life is covered under Life Insurance. Life insurance is also known as long term insurance or life assurance. It includes Whole Life Assurance, Endowment Assurance, Assurances for Children, Term Assurance, Money Back Policy etc. To buy or get information on life insurance products offered by us, please click on the link above.
Insurance plans are must for a secure future. Mishaps can happen anywhere and anytime. Insurance plans comes to help in such cases.
Insurance planning is an important aspect of life for every working individual or family. Taking an insurance policy is important not just as a safeguard against unprecedented calamities. It also ensures the future financial well being of one's dependents.
Types of Insurance Plans
Life
Life insurance is quite popular, especially in India. It covers the entire life of the policy holder. Apart from that, it also offers a lump sum payment after a pre-determined period; this makes life insurance policy an investment vehicle. Also, a life insurance policy enables tax savings.
Life insurance is especially appropriate for people who may not have savings when they are older, or require to provide for financial dependents.
Term
Unlike life insurance, a term policy covers the policy holder only for a fixed period. Term insurance policy does not offer investment options—there are no returns if the policy holder survives the term of insurance cover.
However, term insurance is much cheaper than life insurance. Thus, a term insurance means money is saved which can be invested in any higher return investment plans.
Unit-Linked Insurance Plans (ULIPs)
A unit-linked insurance plan (ULIP) is a systematic investment plan that offers both insurance and investment returns.. Thus, a ULIP policy is an excellent opportunity for the policy holder to optimise his insurance and investment plan at different stages of his life.
Child Insurance
Child-specific insurance policies offer a savings plan for parents. They pay returns that are specifically catered to helping the child when he grows up in terms of paying for their education, marriage, etc.
Child insurance policies are broadly of two types. In one, the child is insured and receives a lump sum amount upon his becoming an adult. In the event of the unfortunate death of the child, the nominee would receive the premium along with interest.
In the other type, the parent is insured. The child gets the returns either upon the death of the parent or upon the maturity of the policy. Parents should consider their financial status and the future needs of their child while opting for child insurance.

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Insurance against risk of loss to assets like car, house, accident etc. is covered under General or Non-life Insurance. General insurance includes fire insurance, marine insurance, motor insurance, theft insurance, health insurance, personal accident insurance etc.

 

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A medical insurance or health insurance policy is a way to safeguard our health from the impact of illnesses as it helps reduce the financial impact as well as the mental stress associated with an illness.
Following are some of components of a good health plan:
• Hospitalisation cover: This ensures that medical expenses incurred on hospitalisation for more than 24 hours are covered by the insurance company. This may include room charges as well as the money spent towards the surgeon, medicines and other tests.
• Cashless claims: In a cashless claim, the hospitalisation expenses are directly settled between the hospital and the insurance company.
• Tax benefits: An insured person can receive a tax exemption on the premium paid, up to a significant amount each financial year. This means that while he is safeguarding himself, he is also reducing his tax deductions and saving money on a portion of his income.
• Pre & Post-hospitalisation expenses: Daily cash allowance and payment for treatments received prior to hospitalisation and during the recovery period are extremely beneficial, as the insured might not have an alternate source of income during those trying times.
• Floater plans: Floater plans cover the entire family under one policy and allow the coverage of the medical insurance policy to be shared among the family members
TAX BENEFITS :
Section 80D of the Income Tax Act provides for deduction of Health Insurance premium or Medical Insurance premium or Mediclaim premium from Gross Total Income.
Note :The Income Tax benefit available for Medical Insurance premium under Section 80D is separate and distinct from the tax benefits available under Section 80C.
Coverage
• Premium paid for insuring the health of the Individual, Spouse, Parents and dependant Children. Note the criterion of being dependant on the assessee is applicable only for Children. Thus Mediclaim premium paid for covering health of spouse or parents would be available regardless of whether or not they are dependant on the insurer
• Basic deduction: Mediclaim premium paid for Self, Spouse or dependant children. Maximum deduction Rs 15,000. In case any of the persons specified above is a senior citizen (i.e. 65 years or more as of end of the year) and Mediclaim Insurance premium is paid for such senior citizen, deduction amount is enhanced to Rs. 20,000.
• Additional deduction: Mediclaim premium paid for parents. Maximum deduction Rs 15,000. In case any of the parents covered by the Mediclaim policy is a senior citizen, deduction amount is enhanced to Rs. 20,000.
We also provide Group Insurance medical insurance policies for Corporates

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Fixed Income Service

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Fixed Income is an essential part of your financial planning. Efficient Fixed Income enables you to reduce your financial liability to the minimum. This is done by legitimately taking advantage of all tax exemptions, deductions rebates and allowances while ensuring that your investments are in line with your long term goals.
Company deposits
The company deposits come with a lock-in period of a few years and these schemes offer attractive returns. Investors should read the risk document and analysts' opinions carefully before taking any investment decisions.
Debt-based mutual funds
Investments in liquid mutual funds and debt based mutual funds are equivalent to bank deposits. These funds invest in risk-free government securities and top-rated corporate deposits, and offer slightly higher returns than bank deposits. Investors looking for a regular income can select schemes under the monthly income plan.
Debt oriented mutual funds :
Mutual funds having a portion of exposure to equity to enhance returns and also providing safety.
Capital Protection Schemes (CPS)
Fixed Maturity Plans (FMP)
Monthly Income Plans (MIP).
Both FMP and CPS are close-ended funds while MIP are usually open-ended.
FMP invest in debt securities with a similar tenure as that of the scheme. They stay invested in these debt securities, which results in the FMP investor knowing what his expected return on the FMP will be. FMP seek to offer the investor optimum income from debt investments for a particular tenure.
CPS seeks to protect their investors investment amounts, i.e., the capital invested, by CPS investors. In other words, the investor in a CPS will get back at least his capital invested, when the scheme matures (10-15% in equity)
MIP seeks to offer the investor returns that are marginally higher than debt investment returns by investing a portion of the corpus in equity. (10-20% in equity)
Investors looking for long-term investment instruments should also consider tax-saving instruments like provident fund (PF, PPF, VPF etc), NSCs, infrastructure funds etc.

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