Seriously bro ithana varshama yarta ketalum venume confuse panni viduvanga clear explanation bro
Great Work !! I know most of the things you told about chit funds. It's really good to know extra information as you mentioned. Keep posting useful information like this bro..
I have planned to watch atleast 1 or 2 of our videos daily from today, nicely explained.
Good effort and Nice videos ... It was very useful and informative. Looking forward to see more such videos and your channel will get big hit.. 😊
After many decades 😂 Finally I go to know about this chit process bro❤
Appreciated for this video 🎉
Keep going!
Support from #bangalore❤
@Useful.Information.Boosan also bro, you can publish a shorts about the interest calculation on monthly basis and denoted in paisa/rupees. 50 paisa vatti, 2 rubai vatti. OOr side la use panuvom. Enaku understand panna romba naal achu. Makkalku use ful ah irukum.
2 rubai vatti na - for Rs.100 you will be paying 2 rs as interest for each month. You can explain in detail ....
Same here 😂 My father and his brother has been doing this since I knew the world of money, now only I'm understanding 😂 Thanks to Boosan boy
In chit fund we can share the benefits with in the group .No brokerage ,no tax.People who are working to gether can do this.Very useful.
Learnt about chit funds for the first time. Thanks Boosan.
1st time intha chit pathi enaku theliva puriyuthu bro very very tku so much anna
It provided better clarity on the chit process, thanks!
Semma clear explanation boosan 👌🏾👌🏾🔥
Thankyou so much this type of excellent quality content vedios
Great explanation brother👏🏻👏🏻👏🏻
Chit fund pathi ipa tha therinji Ketan thanks bro 🙏
Thanks man for responding to my query
நல்ல விளக்கம்! 👍
Anna na chit fund company la tha work pandran ana chit fund ena nu therila ipo unga video va pathuthan understand pani irukan thanks Anna
Super விளக்கம்
Such a beautiful video ❤
Omg 😂 my father and his brothers has been running chit fund for years and I never understood the money flow, profit/loss before watching this video. Glad I found this. Now I have understood clearly especially because of that google sheet's pictorial explanation 🙏🏼🙏🏼
Very clear explanation
Important timeline:
0:20 - What is Chit Funds
1:45 - Explanation With Example
5:01 - Advantages of Chit funds
5:34 - Big Disadvantages
VERY USEFUL VIDEO
Super information brother
13:yearsa chit katturen - good explanation brother
Very good explanation bro
Very useful information
நன்றி
I've chosen a simplified version of a Chit fund for illustration purposes, but it's important to note that there are various other types of Chit funds, including Kulukkal Chit, Commission Chit, Fixed Chit, and many more. Please feel free to share your thoughts and experiences in the comments section.
To Join Membership : ua-cam.com/channels/mfl6VteCu880D8Txl4vEag.htmljoin
@ Boosan , hi as a subscriber of yours I have posted this query long back at last happy to see the video as I doing this want to know whether is is good savings
Good information bro thank you... neriya idathula Elam month um china amount chettu nadathuravanga edupanga
Simply understand pannikkanumna enna panninalum long time invested ah iruntha epovum namakku palan irukku thank u bro relay good explanation ❤❤❤❤❤
Correctta sonninga 🎉
Thanks
Sooper boosan...kalakita...clear uh solita po
Anna thank u elachitu apdina ena ne theryadha enak theliva puriua vachinga...
Bro pls give some detailed explaining about investing in US stocks using Indian third party apps Vs direct US broker & what all the charges & procedures followed in it?
Good video 🎉
Super bro.
Good but actually you can pick another chit fund example like chit fund organizers commission based chits.
Bro. Whether investing in couple of good nifty 50 index funds like UTI , ICICI is advisable or investing the same amount in any one of those completely will be advisable.
100 k for soon 🎉🎉🎉❤❤
Super bro
Really suppor brl
In mutual fund la
SIp la monthly panrathum ,
One time(lum sum) la monthly oru date la manuala every month podurathum onnu thana?
Bro,grow,zerodha app eallam close panneta index fund amount eappde withdrawal pannuvathu.please explain.
Coming September 10 Sovereign gold bond series 2 varuthu how to buy sovereign gold bond aprm SIP gold bond la iruka konjam theliva sonigana nalla irukum
Nandrissss
Bro, Dp you remember long back, I have commented. I did the same in excel to figure out XIRR of chit funds. Since, I have entered for 10 Months only, I got error message when computing XIRR in the excel
Yoo super ya neee ❤❤❤
4:46 - here also I feel you could have explained in detail. Your take on the XIRR. Or in general you could have added your views about the interest percentages.
Is my summary correct?
Technically, from saver perspective, there is a possibility that you can get far better return in this process 1) if you trust the parties involved, 2) if you invest till the end in a disciplined manner and 3)if there are high requirements for money among the group.
From the perspective of the people who is in need of cash, they get loan in an unorganised manner but with trust. But your loan interest depends on when you take it in the cycle(whtr in the beginning or towards the end) and also depends on the cash requirements of your peers. If many is in need of cash that month, you will be paying lot more.
Theoretically the savers might not get any interest if none took loans during the entire period. But it will never happen.
Good
Anna neenga entha broker use panreenga solluvingala pls
bro traders INCOME TAX epdi File panum oru video podunga bro
Bro LIC and Lic surrender pathi oru video poodunga bro pls
Bro motilaal nastaq 100 sip bestaa
Ella ind money la nastaq 100 invest panrathu besta ethula ethu namaku dollar rate la returns kedaikum please replay
Bro 1st cheetu eduthu Share market la invest panna ? 10monthla 14% thandium profit pakka mudiumthana brooo (invest in looking good stock fundamental and Technical )
Gold chit pathi video podunga bro
Romba naal doubt clear ayittu😂
Bro, Can you make a video on the stocks that could get impacted due to Cricket World cup 2023 ?
They ll provide who is asking for high bid not lower one.
Bro, can we consider liquid funds instead of chit funds. The people who see chits as saving
In illustration, U said for 7th no one interested in bid, all will give 10,000 each .but who will get the amount 1 l
2 nd chit organazior adukura antha amount yaru katuvanga
Bitu money Ennga?
Organiser’s ku pogum la monthly Atha sollavae illa
Bro which is the best app for stock market?
Agent or the chit organisers commission is missed here. It varies from 3-5%.
What is the formula to get the interest rate for this chit sacings
Zerodha has introduced PnL can you share that link.
Bro one doubt all nifty 50 have same 50 company but why return percentage will change
Bro yarukume thevapadalana ena agum antha money? Yaru vacherupanga
Sir I am driver. 1000 rupees vachu share market eppadi panuvathu.eppadi vanguvathu. Monthly pay pannuma sir. Ungalai eppadi condacd pannuvathu
Angel one appla eppdii Intex fund vaagaradhuuu?
Interest rate epdi calculate panrathu bro??
Bro chit funds
Best a share Mark best a bro
Explain video please
❤❤❤❤
Bro, GOLD Vs USD and USD Vs IND Explain please
Middle only enjoy than the whole people
I want to repay my home loan via part payment. Would you suggest chit fund (father already participating)or Mutual fund to withdraw at 13th month so that i wouldn't need to pay tax. Please Advise
Bro enaku oru doubt
Neenga sonna kanaku padi padha ellarume 87,500 dha pay pannirupanga appo balance 12,500 eppidi kidaikum
Organiser is taking commission of 5k for 1 lakh, which will be deducted from bid discount
Doubt bro ipo loan kekurangala apo avanga epadi interest kaduvanga
Sir who asked high are low prices please check.?
Chit fund vs SIP ? Which one is best
Bro ungaludaya portfolio va engaluku kaata mudiuma
Ooru video va
Bro I am 19 years old I need to inverse in low risk I can able to inverse 2000 per month it is my saving I not have any idea about inverse like which app is good I have no idea plz tell guide me bro this is help me for my future plans
Can you pls say some trusted chit fund companies? And also pls say their annual returns in %. Your videos are very good. I am 45. But first time in my life, I have come to know what chit funds are. Thank you
Can u explain whats the benefit the organizer get?
Bro please put a video on SWP with an example
How to make regular income from investments? SWP With Live Demo | Earn & Make Money at same time
ua-cam.com/video/nsHOUKWAhLo/v-deo.html
எனக்கு ரொம்ப நாளா ஒரு சந்தேகம் myv3 ஒரு அப் காமிக்கிறாங்க அதுல இன்கம் எப்படி 😊 வருது அதைப்பற்றி ஒரு வீடியோபோடுங்க இதுல நிறைய பேரு பணம்கட்டி வருமானம் பண்றோம்னு சொல்றாங்க இதை நம்பலாமா
Bro last person na full amount kedachalum inflation erukum la... So long time pakumpoothu return kametha bro
Hello Sir, Why don't you calculate XIRR for the one who takes withdrawal during first month? For him, the XIRR comes at around 82%. How to understand this?
Hi
Bro, aana enga parents ella month um 10,000 katranga...atu epdi...
So if nobody takes money for whole tenure. Then no profits ??
I am earning around 24% annualised returns from chits. Even my 30 % salary into it. Mostly with my relatives. The person who organise the chit would take the first tym and he is not entitle for remaining chits he must have to pay full amount. The one who take lastly would be most beneficial. Dividend is only for those who do not take the chit.
@@financiallearner8321 as per my understanding he will be one among 10 members
@@financiallearner8321 adhu profit kedayadhu bro. He is organising so avar sethi vechuparu it is just a benefit for him to adjust the risk. Avaru apd first or second chit eduthukalana adhuku padhila 5% commission vechupanga. 100000 chit means 5000 avingaluku commission poirum meethi 95000 than elam nadakkum
@@financiallearner8321all has to pay 10k... The organiser will also be part of the chit
MF vs CHIT FUND... Oru video podunga sago.
"Start your chit fund business effortlessly with mytreasure.in/ Chit fund owners can manage operations seamlessly via our website, while subscribers can join in through our mobile app. Find us on the Play Store by searching 'mytreasure'. For more info, watch our UA-cam videos at ua-cam.com/video/LlYybGZiWFw/v-deo.html&ab_channel=Mytreasure. Questions? Call us at 9994919851."
If no one take as loan in all months, what will happen?
Monthly monthly bat amount 3 %
r 5 %
I am already asked details for my Mother
So in every case its a profit to the one who runs the chit? He's taking a lump of 1L in the second month but pays back only reduced amounts every month. So whoever doesn't take the chit till the end and whoever runs the chit are the only actual benefiters.
Minimum income people like us its very much useful without any tax obligations.
GST will be deducted in organized companies like Shriram chits