Mutual funds can be a convenient way to grow your wealth, especially when you don’t have much experience in the stock market. While this exposes you to risk, you can invest in mutual funds as per your risk appetite to satisfy your short-term and long-term financial goals. Yet, the first step should be learning how …
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When it comes to investments, understanding the meaning of compounding can help you create wealth at a faster pace. Not many investors are aware that you can also benefit from the power of compounding in your mutual fund investments. Over time, compounding can increase your investment to a substantial amount. Read on to learn more …
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Net asset value in mutual funds denotes the per-share value of any particular mutual fund scheme. Once you start your journey in the financial avenue, understanding mutual funds and NAV becomes essential. Knowing the meaning of NAV in mutual funds is critical as it shows how much earning potential you have by investing in it. …
The full form of AUM is Assets Under Management and it is very important to comprehend when investing in mutual funds. AUM refers to the all-inclusive asset value of the scheme offered by a financial institution or fund manager. Whether you’re a novice or an experienced investor, knowing this facet is important to make a …
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One of the greatest features of a fixed deposit is its flexibility. Based on your monetary goals, you can either book a short-term FD or go for a long-term FD. This versatility makes it a suitable option when you are aiming to diversify your portfolio with a low-risk investment. A long-term FD will help build …
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Allocation of assets should be one of the most important aspects when you are planning to invest. It simply means how you decide to divide your portfolio among different assets to gain maximum returns. You can choose your investment path based on: If you aspire to be a long-term investor, correctly allocating your assets is …
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An Equity-linked Savings Scheme is a mutual fund scheme that allows you to enjoy dual benefits – accumulating wealth and enjoying substantial tax deductions. ELSS funds mostly invest in equity (shares and securities) for a 3-year lock-in period. Since the performance of this scheme depends on market movements, it carries a higher risk compared to …
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To find the best option for investment as a beginner, build your knowledge base and understand your risk appetite. For the best results, strive to strike a balance between secure investments and diversification. Depending on your investment horizon and risk appetite, you can consider a wide variety of instruments available in India. As a beginner, …
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Do you aspire to start a business? In most cases, financing is one of the major hurdles in achieving entrepreneurial dreams. But you don’t need to factor in a hefty investment. If you want to start a business with a low budget, you can find many options, from affiliate marketing to investing in a boutique. …
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Knowing what indexation means is important to enjoy tax savings and gains on your investments. While this applied to debt mutual fund investments and purchase of property, stocks, shares, and other capital assets, the benefit has changed after the recent Budget announcement. Read on to understand what indexation means, its benefits, calculations, and the most …
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