QuantumMF We use CAGR when we gauge the mutual funds’ performance. When you gauge the value of your investments, you use XIRR. So if you are doing an SIP every month you will require XIRR to evaluate what money you have made. How to calculate XIRR? To calculate XIRR, you will require three essential attributes. Date, … Read more
Financial empowerment isn’t about how much money you make. Financial empowerment depends on how you control and take power of that income and make life decisions with it. Here are the steps to the true financial empowerment of women. Step 1: Educate Yourself It’s high time women need to take care of their own money … Read more
It may not be very complicated to determine your financial goal/s – a comfortable retirement, children’s higher education, a new house or a new car, but developing an appropriate asset allocation plan intended to achieve those goals can be. Using online tools like asset allocator can prove to be valuable to reduce volatility and enhance … Read more
Let’s look at the two main ways to purchase Gold in India: 1) Physical gold via jewelry or coins 2) Gold mutual funds or ETFs Why bother about the form of Gold you purchase? If the purpose is consumption, for e.g., a wedding, you should buy gold physically. But if you are looking to accumulate … Read more
Mutual Funds are of many kinds and it’s easy to get lost even for an experienced investor amongst the wide array of funds available to you in the market. To enable our investors to pick the best mutual fund to achieve their financial freedom, let’s understand in details, the ways in which mutual funds are … Read more
This financial emergency could be in the form of Medical expenses A job loss Repair work to your home or car Unexpected travel expenses or any other tough time. 2020 taught us the importance of saving for uncertainties, when unemployment rose and people started redeeming from their investments and increasing their debts. Having an emergency … Read more
Investing in ESG Funds are considered to be ‘sustainable’ investing. They are essentially schemes that invest into companies that rank high on environment, social and good governance practices. ESG schemes gained popularity since 2018 in India. While there are many ESG funds in the market, the Quantum India ESG Equity Fund is one such fund … Read more
Today, we share with you 5 priceless thoughts by these investment experts. We are sure this will inspire your financial journey forever. “I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.” – Warren BuffettOkay, so this comes from one of the … Read more
Back in the days, if you recall going home to break your exam results to your parents, it wasn’t an easy thing to do. After scoring 60% in one of the papers which was rather tough, you come up with a range of explanations making your parents understand how difficult the paper was. You then … Read more
While taking a stroll in his neighborhood park one quiet evening, Rohit and I happened to bump into a very old college friend Virat. Rohit, a financial planner working for a reputed mutual fund house, and Virat, a manager at a factory of a reputed FMCG company, used to debate on various regional, national and … Read more