Imagine this, you go shopping for your monthly necessities and see a great pair of shoes. Although you don’t want them but can’t resist the urge to buy them. You give in to your impulses and end up buying them. You wish you hadn’t indulged...

RBI Governor Urjit Patel Resigns Source: https://www.bloombergquint.com/global-economics/urjit-patel-resigns-as-rbi-governor Reserve Bank of India Governor Urjit Patel has resigned from his post, making him the first governor since 1990 to step down before his term ends. Patel’s three-year term was to end in September 2019. “On account of personal reasons, I...

As a child, you wanted to quickly grow into an adult so that you could make your own decisions and live life your own way. As an adult, you miss those carefree times when everything was well taken care of. You never realized there are...

Before we look at the best index funds in India, let us understand the concept of index funds. Index funds are funds that derive its value from the underlying indices or benchmarks. They are directly proportional to the performance of underlying benchmarks and thus are...

What is XIRR in Mutual Fund Investments? Investors often have confusions over how to calculate their “real” returns, considering all the variations and amount redemptions etc. from their invested amount. However, is the answer always in terms of CAGR and simple IRR? Not at all! What is...

Mutual funds investment is an increasingly popular option preferred by the serious investors in India. There are many types of mutual fund options available in the market, depending on the aim, duration, capacity, and risk-appetite of the investor. For the investors who are looking at...

While talking about mutual funds we often come across words such as best small-cap funds, top mid-cap, and large-cap funds. However, very few of us understand their true meaning. Companies or corporates whose securities or market share value exceeds 500 crores are termed as stable...

Investing in mutual funds is one of the best ways to generate capital appreciation. Mutual funds can help you reach your financial objectives with ease. However, there are some common mistakes, which you should certainly avoid while investing. Here are the 7 common mistakes you need...

Hard times teach you some of the most important lessons in life. These valuable lessons give you an insight into the basic fundamentals of a good life. They toughen you up so that you can take the ups and downs in your stride. You learn...