At

Bharosa

, we're building the world's largest
Paisa Vasool club

Frequently asked questions

What is Bharosa Club and why was it created?

There is a lot of bad selling that exists, due to commissions and other incentives given to distributors. To add to that, products have been made complex, people do not have the knowledge or access to data. Bharosa Club was formed to give people tools to see for themselves if the products they hold are ‘paisa vasool’ or not, and if they are not, to help them decide which ones are. You can refer to our Terms & Conditions for more information on our tools and how they work.

What is ‘paisa vasool’ (value for money)? Please give an example.

When a person buys toothpaste the paisa they pay is clear to them and so is the vasool or the value they receive. Unfortunately, financial products are designed in a way that people do not know what they are paying and nor do they know if they are getting the value. For example, when a person buys a mutual fund, they do not know how much is paid to the AMC, and how much goes to the distributor. Additionally, they do not know if this fund they hold is beating its benchmark.

Why did Bharosa Club start with mutual funds?

Mutual funds can be used by all persons. However, the penetration of mutual funds is a very small percentage (3%). People can begin in a simple manner, with just one Index fund and one overnight fund. In the past this has beaten the returns of a fixed deposit by a lot and the opportunity loss over 20 years has been approximately Rs 60000 for a monthly investment of Rs 100 ( Total investment Rs 25200) . However, please do note that there is no assurance that future performance will be the same or better than past performance.

Who can join Bharosa Club?

Anyone, old, young, rich, poor, working or retired can join. If you are a minor you will need to ask your parent or legal guardian to join Bharosa Club for you.

Currently it is very valuable for:

1. Someone who has never invested in MFs – they should get started as every person with as little as Rs 300 a month saving can invest in a Jan Nivesh bundle and make around Rs 180000 more than a fixed deposit over 20 years. The difference is stark and those who do not participate in “desh ki tarrakki” will get left behind.
2. Those who have MFs can do a, what we can proudly say, “best in class” paisa vasool analysis using our proprietary tools.
3. We will be adding Loans, Insurance, Credit Cards etc over time.

It costs nothing to join – for groups with AUM over Rs 5 lakhs we have kept the fee low (Rs 1000 per annum) so that we are a “paisa vasool” club for all. Everyone will benefit, no matter what fee they pay.

What does Bharosa Club do and what does it not do?

We do not give specific advice. Investors are responsible for their investment decisions and are responsible to validate all the information used to make the investment decision. Investments in securities market are subject to market risks and investors should read all the related documents carefully before investing.

We are not licensed or registered as an Investment Advisor, a Research Analyst or generally as a provider of any investment advice, distribution, execution, or research. We are not regulated by any authorities such as SEBI, RBI, IRDA, or PFRDA.

We do not have execution capabilities, hence people can transact where ever they chose to do so.

While we endeavour to ensure that all content on our website is correct, we cannot guarantee this, as we rely upon data generated by third parties. Accordingly, we cannot make any representations as to the accuracy, timeliness, suitability or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated in our website.

Bharosa Club will not be responsible for any damages , direct or consequential caused by the information and analysis it provides.

Do the services provided by Bharosa Club need it to be regulated by the financial service regulators in India?

No – we do not give specific advise. We give people tools to understand the most paisa vasool products, which they can discuss with their advisors, or use with their own discretion.

Is Bharosa Club free?

For people with no MF portfolios or those with less than Rs 5 lakhs portfolio we are free.

How does Bharosa Club make money?

Our only source of revenue is member fees. These will always be kept low because we always want to be a paisa vasool club, even for our fees, not just for products. Hence this model works only if we get a large number of members.

Our costs are low. We never intend to have a large team.

We do not plan to spend on marketing.

We hope that members will get members because we are truly doing what is good for the people.

How will you use my data?

We only collect data which is required to give you a paisa vasool analysis. You can refer to our privacy policy for information on how we use your data.

Our costs are low. We never intend to have a large team.

We do not plan to spend on marketing.

We hope that members will get members because we are truly doing what is good for the people.

How will Bharosa Club grow?

Members get members.

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