SphereGreen is a brand name used by Jaya Singh (ARN-85222, EUIN E070638), who is an AMFI registered Mutual Fund Distributor in India, authorized by regulators to distribute Indian Mutual Fund products to Indians and NRIs.
We are not Financial Planners or Wealth Advisors
SphereGreen is a Mutual Fund Distributor and our financial and investment advice is related to the distribution of these products as per 4(d) of Securities and Exchange Board of India (Investment Advisers) Regulations, 2013. Please click here for the detailed regulations.
We provide you information on key features of various types of Mutual Funds, their returns, their risks, their historical record and their utility. This information helps you take smart decisions on Mutual Fund Investing.
SphereGreen provides advisory and investment services exclusively with respect to Mutual Fund Investments in India. We do not provide any advice or services related to any other form of investment including, but not limited to, Financial Planning, Wealth Management, Real Estate, Stocks and Shares, Tax Planning, Estate Planning, Insurance, Currencies, Commodities, Debentures and Bonds. Our advice on Mutual Fund investments into foreign assets is limited to Mutual Funds that are sold in India or to NRIs under SEBI regulation, but provide exposure to foreign assets.
Write to us at Spheregreen.Investments@gmail.com if you need any further information.
How We Make Money and What Do Our Investors Pay Us?
SphereGreen is paid commissions by Mutual Fund Companies for distributing their products. These commissions are approximately 50 paisa per year per Rs. 100/- invested. These commissions vary by Mutual Fund Scheme and by time. On an average, our total income for managing Rs. five thousand (our minimum investment) is approx. Rs. 25/- per year.
SphereGreen does not levy any other charges or fees.
The total cost to an investor for a Rs. 5,000 investment with SphereGreen is therefore Rs. 25 per year.
This cost is time sensitive.
If an investor withdraws money in the first month of the year, then the cost is Rs. 25/- divided by 12 = Rs. 2.08.
We Do Not Recommend Direct Funds
You can avoid distribution commissions by investing in Direct Mutual Funds. We do not deal in these funds.
We do not recommend Direct Mutual Funds because they are highly damaging to small investors and have benefited only large companies and very wealthy individuals. We believe a small investor should get cheap and effective advice and Regular Mutual Funds are the best way to provide it.
Should You Invest in Direct Mutual Funds?
Persons who wish to invest using their own acumen and have the time and skill to follow Mutual Fund performance can think of investing in Direct Mutual Funds. However, there are important considerations.
First, we see a huge difference between thinking you have the skill and actually having the skill to invest in Mutual Funds.
Second, there is also a large gap between having the skill to invest in Mutual Funds and having the time to manage investments.
We believe it makes sense to invest in Direct Mutual Funds ONLY for large corporates or persons who employ wealth managers.
If you wish to get a Wealth Manager, we suggest hiring a Fees only adviser. A list of Fees only advisers is available here: https://freefincal.com/list-of-fee-only-financial-planners-in-india/. Charges range from Rs. 6,000 to Rs. 40,000 or more per year (http://www.business-standard.com/article/pf/financial-planners-fees-should-match-your-needs-116022800657_1.html). Please note, these fees are ONLY for generating a financial planning report. You will still have to do your own running around and paperwork.
Persons that are highly sensitive to advisory costs (i.e. those who do not wish to pay 50 paise per Rs. 100 per year for advise) can also consider Direct Mutual Funds. However, our view is that if your primary motivation is to invest at a low cost, then we suggest you choose an NPS Tier II account rather than a Direct Mutual Fund. An NPS account is 100 times cheaper than a Direct Mutual Fund, and if your financial advisor does not know that, you should probably reconsider his capability. (http://economictimes.indiatimes.com/wealth/invest/low-cost-nps-tier-ii-has-beaten-direct-mfs/articleshow/53349849.cms)
SphereGreen does not levy any other charges or fees.
The total cost to an investor for a Rs. 5,000 investment with SphereGreen is therefore Rs. 25 per year.
This cost is time sensitive.
If an investor withdraws money in the first month of the year, then the cost is Rs. 25/- divided by 12 = Rs. 2.08.
We Do Not Recommend Direct Funds
You can avoid distribution commissions by investing in Direct Mutual Funds. We do not deal in these funds.
We do not recommend Direct Mutual Funds because they are highly damaging to small investors and have benefited only large companies and very wealthy individuals. We believe a small investor should get cheap and effective advice and Regular Mutual Funds are the best way to provide it.
Should You Invest in Direct Mutual Funds?
Persons who wish to invest using their own acumen and have the time and skill to follow Mutual Fund performance can think of investing in Direct Mutual Funds. However, there are important considerations.
First, we see a huge difference between thinking you have the skill and actually having the skill to invest in Mutual Funds.
Second, there is also a large gap between having the skill to invest in Mutual Funds and having the time to manage investments.
We believe it makes sense to invest in Direct Mutual Funds ONLY for large corporates or persons who employ wealth managers.
If you wish to get a Wealth Manager, we suggest hiring a Fees only adviser. A list of Fees only advisers is available here: https://freefincal.com/list-of-fee-only-financial-planners-in-india/. Charges range from Rs. 6,000 to Rs. 40,000 or more per year (http://www.business-standard.com/article/pf/financial-planners-fees-should-match-your-needs-116022800657_1.html). Please note, these fees are ONLY for generating a financial planning report. You will still have to do your own running around and paperwork.
Persons that are highly sensitive to advisory costs (i.e. those who do not wish to pay 50 paise per Rs. 100 per year for advise) can also consider Direct Mutual Funds. However, our view is that if your primary motivation is to invest at a low cost, then we suggest you choose an NPS Tier II account rather than a Direct Mutual Fund. An NPS account is 100 times cheaper than a Direct Mutual Fund, and if your financial advisor does not know that, you should probably reconsider his capability. (http://economictimes.indiatimes.com/wealth/invest/low-cost-nps-tier-ii-has-beaten-direct-mfs/articleshow/53349849.cms)
