What does Unovest mean to you?

In the past few months, I have written about my new initiative, Unovest.

I have so far written about the features – the new mutual fund factsheet, how to upload your existing MF portfolio, set your goals and track them and transact online in direct plans of mutual funds.

There are people like Sahil Wadhwa, a Software Developer @ IDeaS, a SAS Company in Pune, who have come to Unovest and have kind words to say:

I had been a victim of bad financial advice from friends and family until I accidentally landed on blogs by Vipin and Unovest. My financial strategy has totally changed after that. Genuine and thought-full advice which I get through Unovest along with its unique reporting features gives me more comfort & control about where my money is going and how it’s performing. Now I am moving to do all my transaction and tracking from Unovest only. This trust with Unovest has actually encouraged me to double my investments since last year so as to secure my future financially.

It is truly a great feeling to know that.

Now this is all fine. But what is more important to know is its relevance in your life. What change is it supposed to bring for you – how will it help you make your life better?

But first, I would like to offer some perspective on Unovest.

What is Unovest?

Unovest is not just another website or service, it is a mission – to enable you as an investor to be informed, educated and do the best for yourself.

Unovest is for the smart investor – one who wants to learn, thinks long term and puts quality over quantity.

The belief is that these qualities will help you reach your financial goals, faster. The ‘faster’ is a result of patience, discipline and knowledge. Add to it the bonus of low costs with direct plans of mutual funds, for example.

The focus is on simplicity.

Too much money of the investor has been sacrificed and financial lives have been destroyed at the altar of greedy advice driven by commissions. Not any more.

With this context, I will highlight what you should expect from Unovest, and more importantly, what you should not expect.

---

With Unovest, what you should NOT expect

• No get rich quick investment options – No place for Ponzi schemes or scams.
• No hot pick of the month or year – We will leave that to the tipsters.
• No best or highest returns investments only – The best is what is best for your goal.
• No daily gains reports or updates – Because you plan long term for your goals.
• No market forecasts or predictions – In any case, who has been able to do that, accurately and consistently?
• No fancy investment strategies – Fancy strategies only take the money out of your pocket, not put in.
• No complicated or expensive products – Simplicity and Lower costs matter more.
• No % or AUM based commissions or fee – So that you get to keep more for yourself.

---

There are old pilots, there are bold pilots, but there are no old, bold pilots.

Replace the word “pilots” with “investors”.

---

With Unovest, this is what you should expect:

• Meet your financial goals, faster –  as a result of the consistency, patience and discipline.
• Define an asset allocation – that works for your goals.
• Simple, low cost investment options – every unit of cost saved is an addition to your net worth.
• A holistic approach (beyond past returns) to fund selection – returns are a result of various factors.
• Become a better, smarter investor – Protect and grow your investments to meet your goals.
• Learn from others – it is the no. 1 quality of every successful person.
• Quality over Quantity – separate the wheat from the chaff.

That is when you are a Unovestor!

---

Why does Unovest mean to you?

As I mentioned before, I need your perspective, your support and feedback. I urge you to go to Unovest and create your account, if you don’t have one yet.

Upload your existing mutual fund portfolio, enter your CAN (if you have one, if you don’t, you can get one), make transactions, set your goals and view the various reports. Ask a question.

Thereafter, I call upon your generosity to share your feedback (good, bad or ugly) to help me take this mission further.

• What role do you see Unovest playing in your life?
• What change will it bring, for the better?
• What can be done to better fulfil its mission?

That is all.

Finally, I thank you for all the support, for being there. I count on you.

I look forward to your views, suggestions and feedback.