Are they trying to create panic and give easy entry to HNI at lower levels?

Disclaimer – Very closely tracking & not invested

Hi Chaitanya, thanks for the input. I think I’ll possibly start an SIP of RDs. I have heard Debt funds after tax are pretty much equivalent to FDs so some folks say it’s not worth the risk comparing to FDs which are probably one of the safest investment option. Again, can be wrong on my takes but I did some research and these are the things that I concluded. Also, learned a little bit more about Mutual funds on the weekends and yes non equity funds like debt funds feel a lot safer but given the returns being comparable to fds even for a long period of time FDs just feel better (or not??).

What about index funds though? As long as there’s something (god forbid) massive crisis happening like war, inflation, disaster, etc. they’ll most likely recover as they try to mimic the market and even if these things happen they go up pretty quickly. For example take the 2020 pandemic market was on bear mode but it did pretty good soon after that and here we are on the bull market. From what I have observed on previous bear modes is that market follows bear mode by a bull run if talking about long term say 5+ years. So, for long term are index funds a good option that I can start at this time also?

With all this I’m planning to go with this now:

Total investments = lowered to around 15k pm

Choices that I’m choosing now:

• Hybrid funds (safe option with better returns than debt funds)
• Index funds (as nifty will definitely give good returns in long term)
• Flexi cap funds (high return and can do better in market compared to other small/mid cap funds and still provide good returns)
• and safest of them all RDs.

Here’s how money is divided.

• 3-4k on some index (or flexi cap) funds (long term won’t withdraw ever)
• 3-5k on some hybrid funds (feels safer than index funds as they also invest on non equity options)
• 7-8k RDs (can be withdrawn in case of any emergency)

will obviously make changes to these as I gain more experience and knowledge.

Thanks!!

You gave the answer yourself

“I checked via my bank dashboard and I can see the option but the price is 48 and not 195, which I’m assuming will change post Monday?”

Just fill in the details, your cdsl/ndsl depository id and the required quantity, the price wont change its 48.5 only. (Krishna kumar have explained how you would be paying the remainder of the amount at various time point, prior to March 2025 ). Once the form is submitted you have to wait for the allotment where you get to know the number of shares.

@bully how did you apply now? Process?

@Krishna_Kumar can you share the process?