Yes, a lot of people would like to open an account. You can invest in multiple mutual funds. Until then, you are in waitlist you can also take a look at this fund www.ublfunds.com.pk/products-services/ubl-growth-and-income-fund/ You can invest in two funds, Mahaana & UBL if you would like
Good question. You are comparing two products, but both are unique and pay good returns. Everyone's circumstances are different. Some people have little money but still want to save and invest. Mahanaa gives this flexibility to invest even Rs1000 many times a month. I think you have to fix the deposit lump-sum money in the Naya Pakistan Certificate. Again, if you have lump- sum money, you can choose either or both products and build a versatile portfolio. Note- it is my opinion, so please check with your financial advisor before making any investment because I am not a financial advisor. In this channel, I am just sharing my journey and experiences.
Mahaana offers a 19% Annual return; you can't count it based on one month. Suppose you invest Rs 23000. with an annual 19% return rate, your annual profit will be Rs 4370 Approx Note: Mahaana will deduct fund management fees from that amount. You can check the yearly fee details with them. Dividing your annual profit by 4370 / 12 becomes Rs 364 per month. As you said, you got Rs 227 after the first month, but if you wait a year and then divide your total annual return by 12, you will see an amount close to Rs 364. That's why you should keep investing and let the money grow. You will see a very good return in 3 to 5 years. But keep investing each month, whether Rs 1000 or Rs 5000, but investing each month on the same date will help you. keep investing Good Luck.
Great effort sir Sir how to purchase ETF and Stock exchange share without broker ??? Kya bank se zida munafye milte hai stock exchange ma ??? Aur sir koi aisa bi share hote hain jo hmm monthly kuch profit bi dyen aur capital be increse ho???
