What is XIRR in mutual funds? While investing in equity mutual funds through Systematic investment plans (SIP), it becomes imperative for us to track and measure the returns over our investment duration. Normally, a good measure for quantifying returns is the compounded annual growth rate (C.A.G.R) which is calculated by the formula: (Final investment/Initial Investment)...
What is Passive Investing? Passive Investing in India is a process that helps you to invest your money in a manner that will help you invest it most cost-effectively. What does this mean? Passive investing is about staying invested and not trading or trying to do something fancy with your investments. Passive investing is where...
With the rising markets, there has been an increase in market volatility. Instability causes uncertainty which leads to investors losing money and keeping their portfolios static. So it is imperative to find out the new strategies for reducing the risk involved in your investment portfolio. If you’re investing for the long term, you can’t afford...
With inflation taking its toll on every major economy, finances must be planned properly. A huge market crash or bearish sentiment can eat into the returns obtained from your investments in no time. This becomes supercritical during the time of retirement as dwindling savings can toss your plans to take that long vacation where you...
If last year’s tax planning was a failure, here’s how to avoid making the same mistake this year. The deadline for making tax-saving investments in a given fiscal year, March 31, has now passed. Typically, taxpayers rush to make such investments before the end of the fiscal year to receive tax deductions under Section 80C...
By- Varun Pal [Published in Chandigarh Times, Pg. 4, 08/03/22] Women need to become aware of securing personal finance as a means to earn empowerment and independence Even as women run around to ensure that everybody’s best interest are on track, they often miss out on considering their own security-finances. As we look around us,...
As the world is changing rapidly, financial mechanisms are also evolving. Simply saving your money is not enough to ensure financial security. Also, the saved amount does not have the potential to beat inflation. Well-planned financial investments will help you grow your wealth and generate inflation-beating returns.Investing is a great way to meet your financial...
These recent years have been challenging for the entire world. As the pandemic continues, people worldwide are dealing with financial anxiety, stress, and uncertainty. While financial problems can take a massive toll on your mental and physical health and overall quality of life, it is necessary to face your money problems head-on.Financial anxiety is the...
Detoxing your investment portfolio refers to the process of weeding out those investments whose presence could damage the overall returns and affect the achievement of financial goals.
As the world is changing rapidly, financial mechanisms are also evolving. Simply saving your money is not enough to ensure financial security. Also, the saved amount does not have the potential to beat inflation.
SIP stands for “Systematic Investment Plan.” It is a long-term investment strategy that involves putting a small but considerate amount of money in your mutual fund.
These recent years have been challenging for the entire world. As the pandemic continues, people worldwide are dealing with financial anxiety, stress, and uncertainty.
