What should investors do when the market at all time high?
Crossing the coveted 20,000 mark for the first time, Nifty hit its fresh record high of 20,008.15 on Monday. Nifty’s last all-time high was 19,991.85 which it hit on July 20 this year. Thus, it scaled a fresh peak in 36 sessions. While Nifty rallied to its new high of 20,000, BSE Sensex regained its 67,000 mark. So, let us understand and discuss “What should you do when the stock...
Calculating Mutual fund Returns – CAGR, XIRR and Absolute Returns
Returns are a major reason why any investor would want to invest in a scheme. But these returns depend on various factors. For example, when it comes to mutual funds, the returns generated by a fund are based on the performance of the underlying asset, the expense ratio, market conditions, etc. Let’s say you are getting a mutual fund return of 13% over the past three years,...
5 Biggest Mistakes In Stock Market Investing
The stock market has always been well-known for generating high returns. Gradually, this has become a popular investment alternative for many new investors. In India, as per the data, the number of demat accounts rose to 11 crores in January 2023 from 8.4 crores in January 2022, registering a growth of 31 percent. The reason behind such growth is increased financial literacy, attractive...
8 things to do before the new financial year 2023
As the new financial year approaches, you may have already started planning your investments to achieve your financial goals. But before we dive into the new financial year 2023-24, it is necessary to complete certain tasks before 31st March 2023 to ensure maximum savings and a good start to the new fiscal year. Taking care of these important things will enable you to save on taxes and...
Where should you invest in Bank FDs or Debt Mutual Funds?
As the global economy has entered a phase where the interest rates have been shooting up abruptly, debt investments have begun to pose as an attractive option for investors. While debt mutual funds provide many similar benefits as compared to bank FDs, it has caused investors to feel mixed up about selecting the suitable investment option for their portfolio. To understand how to choose...
How Are Rising Interest Rates Affecting Home Loans?
Here’s an interesting tradition related to houses. Many people follow the practice of painting their front door red. In America, it is done to radiate a welcoming energy and to symbolize that it is a safe place for travelers to stop by. In Ireland, a red door is believed to ward off evil spirits while in Scotland, doors are painted red once the owners have paid off their mortgage. Homes...
Do You Need To Pay Tax On Diwali Gifts?
Diwali is just around the corner and we are eagerly waiting to once again hear the sound of laughter in our home, filled with family and friends remembering the old times while making new memories. We are even excited to light up our balconies with lanterns and doorsteps with diyas to make this festival of lights even brighter. Diwali is that time of the year when we wake up early in...
How To Select The Best Debt Mutual Funds?
While commuting to work, you catch a glimpse of the same billboard every morning. It says something along the same lines of ‘Get rid of all your financial worries by investing in best debt mutual funds.’ You might find it amusing. If it were that easy, wouldn’t everyone be rich? But what if we told you, it is not that hard or out of reach either? Because with every little eye roll or...
Everything You Need To Know About Equity Mutual Funds
The rat race of life has made us believe that we are constantly competing with our neighbors. Your neighbor bought an expensive car? You wonder why you can’t have one? Your neighbor moved to a posh locality? You start to wonder why you can’t do the same? These thoughts stem from the hustle culture that promotes work over life in our attempts to improve our standard of...