In mutual funds there are two subcategories, which are active funds and passive funds. Active Funds As the name suggests, these funds are actively managed. The fund manager picks stocks as per his choice, i.e. fund manager has more involvement in the decision making. Actively managed funds generally are considered to be more aggressive and … Read more
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
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
It’s a challenge to choose a mutual fund scheme! The number of mutual fund schemes available in the market would drive any investor insane to zero down on a mutual fund of his/her choice. There is an endless list of checks necessary to be done before arriving at the one mutual fund scheme that meets … Read more