Jarvis
  • CATEGORIES
    • Equity Market
    • Investing Basics
    • Interesting Read
    • AI for investing
    • Trending Stock Market News: Quick Reads
    • Portfolio Management
    • Newsletter
  • I AM A
    • Beginner
    • Intermediate
  • Home
  • Products
    • Jarvis Portfolio
    • Jarvis Protect
    • Jarvis OneStock
  • FAQs
  • About Us
  • Contact Us
  • Become a Partner
No Result
View All Result
Jarvis
  • CATEGORIES
    • Equity Market
    • Investing Basics
    • Interesting Read
    • AI for investing
    • Trending Stock Market News: Quick Reads
    • Portfolio Management
    • Newsletter
  • I AM A
    • Beginner
    • Intermediate
  • Home
  • Products
    • Jarvis Portfolio
    • Jarvis Protect
    • Jarvis OneStock
  • FAQs
  • About Us
  • Contact Us
  • Become a Partner
No Result
View All Result
Jarvis
No Result
View All Result
Home Equity Market

Convert your dormant funds into a profitable investment!

by Sumit Chanda
November 2, 2021
in Equity Market, Intermediate
Reading Time: 7 mins read
A A
0
How Is Jarvis Helping Investors Make Returns All Seasons?

How Is Jarvis Helping Investors Make Returns All Seasons?

Share on FacebookShare on Twitter

If you don’t find ways to make your money work for you while you sleep, you will work until you die. 

Hence make every single penny you have work for you. In this article, we will talk about why it is essential and how you can do it.

What are dormant funds?

Most of us today have many bank accounts. Most accounts have a minimum balance clause. Now let us assume you have four savings accounts. Of these four accounts, most of the transaction is happening in one account (mostly, it will be your business or salary account). For the remaining three, you only maintain the minimum balance and deposit money once in a while. The funds that are in the other three bank accounts can be called dormant funds. Similarly, if you are sitting on cash in your home for no reason, it is also a dormant fund.

Funds in your possession that are sitting idle for months (years) and will continue to do so in the future are called a dormant fund.

Dormant Funds v/s Emergency Funds

The first thing a financial planner will tell you is to create emergency funds. Emergency funds are basically funds you keep for the worst-case scenarios – a medical emergency, job loss, etc. By the above definition of dormant funds, emergency funds are also dormant. You keep emergency funds in the savings account or FD, but they sit there for years. We hope you don’t ever have to touch your emergency funds. 

Whatever discussion we are making in this article is for dormant funds only. Your emergency funds have a completely different purpose so let them as it is.

Evaluating dormant funds

The first thing you need to do is figure out how much dormant funds you have. There could be multiple reasons for owning dormant funds. You are too lazy to do anything about it, or you don’t know what to do with them, etc. Follow the below steps to do something about them – 

  • The first thing you need to do is check all your savings accounts. Figure account if there is any minimum balance. If there is a minimum balance clause in your accounts, it is better to close the accounts. Having two savings accounts is more than enough unless others are zero balance accounts. 
  • Calculate how much dormant funds you have. Include the cash at home as well in the calculation. 
  • Try to evaluate – do you really need this fund in the near future? 
  • Now that you see substantial funds in one place, your mindset should be of an investor – don’t think of spending it. You were doing well even without it.

Why do all this exercise?

You must be wondering why to do all these calculations – what is the benefit? Here is a simple maths to make you understand the need. Assume you have dormant funds of Rs 1,00,000.

  • If you continue to keep your dormant funds (in a savings account) for the next five years, at the end of five years, you will have Rs 1,16,000 with 3% percent returns (it will remain the same if you keep cash at home). You may think – you are making something, and money is safe at least. If you factor in inflation, you are in losses. Please don’t let that happen to your hard-earned money.
  • If you make a wise decision and invest your money with minimum risk, you can get an average return of 10%, which takes your fund to Rs 1,65,000. 
  • It is an average-case scenario. If you make smart investments, you may get 15% returns which take your fund to Rs 2,10,000.

Yes, the return can be lower as well. However, with a five-year horizon, you will definitely make more than doing nothing about dormant funds.

Another advantage – If you have not explored investment options so far, you get to learn investing. What are different investment options, how do they work, what kind of returns you can get, etc?

The big question – What is a profitable investment?

There are many investment options available to you. Some of the options are mutual funds, gold, equity, bonds. If you are looking for the best returns and want to make your money work for you – the best option is direct equity. 

What if I don’t understand equity?

We know a large percent of the Indian population has little understanding of the equity market. It is fine – you already have a full-time job, a family to look after, kids to play with – your time belongs to them.

If you have dormant funds, you must invest them well. So you can do more for yourself and your family. We understand your priorities, and hence we created Jarvis Invest. 

It is an AI-driven platform that creates an equity portfolio based on your risk profile and investment horizon. If you don’t need dormant funds for three years, it will create a stock portfolio accordingly. If your horizon is five years, the stocks will change. Even if you don’t understand the ABC of investing, you can invest through Jarvis Invest and make the most of your dormant funds. Once you see the magic – how money grows, you can decide if you want to invest more through the platform.

We hope you understand what you are losing by keeping dormant funds and what you can gain by investing them smartly.

Sumit Chanda

Sumit Chanda

Sumit has 18 years of experience in BFSI industry, into devising strategy for various functions, Investments and Managing Asset Portfolios. Specializes in Strategy & implementation in sales & operations, Team management, IT implementation, Affiliations.

Related Posts

Invest in Best Agriculture Stocks in India

by Sumit Chanda
August 29, 2025
0
5.3k

The agriculture and fertilizer environment in India is a long-term theme of the market. Roughly half of the country's workforce...

Know how solar energy stocks are ready to grow now

Know how solar energy stocks are ready to grow now

by Sumit Chanda
August 22, 2025
0
5.3k

The world is moving to clean energy, and solar energy plays a vital role. India has great potential to generate...

Why Investors Are Investing in Automobile stocks & FMCG Stocks Now

Why Investors Are Investing in Automobile stocks & FMCG Stocks Now

by Sumit Chanda
August 21, 2025
0
5.3k

As the Indian festive season approaches, investors are speculating about the potential bullish momentum in both the automobile stocks and...

Best Long Term Stocks to Grow Your Wealth Buy Now

Best Long Term Stocks to Grow Your Wealth Buy Now

by Sumit Chanda
August 21, 2025
0
5.3k

Today, we see many people want to increase their passive income, so many options are available for investment. But the...

FDI in India 2025:Which Stock Market Sectors Will Boom Watch Now

FDI in India 2025:Which Stock Market Sectors Will Boom Watch Now

by Sumit Chanda
August 18, 2025
0
5.3k

In 2025, India is putting in with full force foreign capital, making compliance simpler, removing limits on sectors, and making...

What is GIFT Nifty & Its Impact on Stock Market Watch Now

What is GIFT Nifty & Its Impact on Stock Market Watch Now

by Sumit Chanda
August 14, 2025
0
5.3k

GIFT Nifty can soon be described as a buzzword within the Indian financial sector and it has linked international investors...

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Please enable JavaScript in your browser to complete this form.

Fill in your details to get high-growth stock recommendations

Jarvis Invest - SEBI Registered Stock Market Investment Advisor in India

https://jarvisinvest.com/

Jarvis Invest - AI based Stock Market & Financial Advisor in India
Jarvis Invest - AI based Stock Market & Financial Advisor in India

Loading
  • Equity Market
  • Investing Basics
  • AI for investing
  • Trending Stock Market News: Quick Reads
  • Interesting Read
  • Financial Planning
  • Portfolio Management
  • Newsletter
Connect with us: customersupport@jarvisinvest.com

© 2023 Jarvis Invest

No Result
View All Result
  • CATEGORIES
    • Equity Market
    • Investing Basics
    • Interesting Read
    • AI for investing
    • Trending Stock Market News: Quick Reads
    • Portfolio Management
    • Newsletter
  • I AM A
    • Beginner
    • Intermediate
  • Home
  • Products
    • Jarvis Portfolio
    • Jarvis Protect
    • Jarvis OneStock
  • FAQs
  • About Us
  • Contact Us
  • Become a Partner

© 2023 Jarvis Invest

Go to mobile version