VM Wealth Creation Provided Services to Clients Since Last 22 years.We Are a fee based financial planning firm providing holistic solutions in personal finance. We help people understand their current financial situation, create and prioritize financial goals, and develop a sensible plan to reach or exceed those goals.

In life at every point of time you need money to fulfill your and your family’s requirement, but what about when you would not be there to look after your family.

Mr. Akhil was living with his loving wife and two children. He was in service and getting a salary of Rs 40000/- and other hidden income (which one receive through the employment but that isn’t part of gross wages). He was fulfilling his family’s requirements to the fullest and enjoying every moment of their lives.

Unfortunately he expired at age of 35. The surviving member did not have any source of income after his death, but fortunately he had a Life Insurance Cover. So his wife got the money (Sum Assured) from the insurance which she wisely invested. The loss of her husband cannot be compensated but with the money she got from the insurance company she was able to run her house smoothly.

Mr. Bhaskar whose income and family circumstances were the same as Mr. Akhil’s. Mr. Bhaskar expired at age of 35, but unfortunately he did not have a Life Insurance Policy. So their situation was completely opposite. His wife and children had to face a lot of problems with no such income. They had compromise with the many important things in life like studies, children’s marriage, their health, standard of living etc.

The fact is, its always a loss which you suffer when you lose someone you love. But your emotional struggles dont need to be compounded by financial difficulties. Life insurance helps make sure that the people you care about will be provided for financially, even if youre not there to care for them yourself.

In short Life Insurance is the way to keep your family independent with you and after you.

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 investors 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.

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 schemes assets net of its liabilities. NAV of a scheme is calculated by dividing the market value of schemes assets by the total number of units issued to the investors