Aniruddh: Happy Kuverian!
Aniruddh is a #Happy Kuverian. He is 27 years old and works as a Software Engineer in Pune. We spoke to Aniruddh about his experience with Kuvera, India’s most trusted Direct Plan Investment Platform.
Emphasis and links are ours.
Please tell us about yourself, where did you grow up and your story?
I grew up in Rajkot where I completed my schooling. After that, I moved to Ahmadabad where I pursued bachelors and masters in IT from LD College of Engineering. I’ve started my career as mobile application developer. Currently, I’m working as Senior Engineer at Netrix LLC at Pune.
What is your approach to financial planning?
I am scalper when it comes to investing. I use a mix of fundamental & technical analysis to buy shares and also takes derivative trades based on technical factors. I invest in Mutual Funds (with diversification) for wealth creation.
How did you learn about Kuvera?
I was looking for a transparent and easy way of investing in direct mutual funds. During my search, I found an answer on Quora about Kuvera.
How were you investing in Mutual Funds before? Did you know about Direct Plans before Kuvera?
Yes, I was well aware of Direct plans and earlier I was investing via Zerodha Coin. As I realized there is no point of holding mutual fund units in demat, I considered switching to physical form. Than I came to know that Coin is nothing but just a trap to attract investors by showing fake benefits of investing in Direct plan & holding Mutual fund units in demat form.
Why do you invest and why Mutual Funds?
My sole purpose is to make a living out of my investments. Mutual Funds are the best way to generate wealth over the course of years due to power of compounding. Also, some good mutual funds have been successful to beat returns of index which makes them a suitable way to get the most out of Equities.
What were the biggest problems that you have faced with investing and financial planning in India?
To be honest, transparency and honesty are missing in most of the financial service providers. Not all investors want to get services at zero cost, but if you are going to charge for something it’s better to mention it at first. What happens here either they will hide such information or find a concatenated way to impose it on investors. This makes the investor feel cheated. That is the main reason there are hundreds of brokers out there. Here, Kuvera stands out, which makes them my first choice for investing in Mutual Funds and goal planning.
Can you describe your experience with Kuvera?
It literally took 5 minutes to get started with Kuvera. They have large amount of information to clear all your doubts in one go. Their platform is clean and simple to use. In case of any query, you can reach out to the support team to get the satisfactory response every time (I’ve got it every time so far). In simple words, I can say Kuvera is best for investing in Direct mutual funds. I really appreciate Kuvera’s efforts and wish them to continue their good work.
What goals have you planned for?
I have planned to buy my dream home with Kuvera.
How did you choose which schemes to invest in? Will you recommend Kuvera to your friends and colleagues?
Following are the factors I review before investing in any scheme:
-Fund category and Fund manager
-Past performance compared to peer schemes
-Asset under management (AUM)
I have already recommended Kuvera to my friends & colleagues, and some of them have signed up too. I also recommend fellow readers to use Kuvera platform for hassle free investing.
Become a #HappyKuverian today