Category: Uncategorized
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Types of Mutual Funds in India
In the financial world, mutual funds are a reliable and growing industry. They involve pooling money from multiple investors, which is then professionally managed by a fund manager. The manager invests this pooled money in assets like gold, bonds, and stocks, depending on the investment goal. This variety in mutual funds provides people with options…
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What is IDCW (Dividend Plan)?
IDCW, or Investor Dividend and Capital Withdrawal, is a plan in mutual funds that offers investors two choices: Dividend Payout and Reinvestment. Dividend Payout: Investors receive regular payments from the mutual fund. Reinvestment: Earnings are reinvested back into the fund for potential growth, rather than being taken out as profit. Growth Option vs IDCW: Which…
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How to Minimize Tax Outgo on Property Sales in India: A Guide
Selling a property in India can bring hefty profits, but it also means facing significant taxes. To help you navigate this, we have put together a guide in simple terms, even for first-time investors. Understanding Tax Outgo: Tax outgo is the money you have to pay the government when you make a profit from selling…
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Know About What is XIRR in Mutual Funds?
XIRR is the Extended Internal Rate of Return which is used to compute the annualised rate of return on a portfolio with multiple entry and exit points. In this article, we will understand the importance of XIRR in mutual funds, the XIRR formula, and the difference between XIRR vs CAGR. What is XIRR in Mutual…