What Is A Mutual Fund Product’s Nav? How Is It Calculated?
NAV or Net Asset Value is a term that you will see on various mutual fund promotional materials. So what exactly is it? Simply put, NAV is the price of each mutual fund unit at which an investor can buy and sell units of the fund. NAV of a fund changes every day as a […]
How Can You Become A Better Investor?
Investing can appear to be a complex process and each individual should ideally approach investing in his or her own way. However, there are a few basic principles one should consider while making investment decisions that can act as guiding beacons. These principles are listed below: Do your research and start intelligently: As they […]
What Are Taxes? How Much Tax Do You Have To Pay?
Tax is defined as a compulsory contribution to state revenue, levied by the government on your income and business profits, or added to the cost of some goods, services and transactions. The important part of this definition is compulsory contribution to state revenue. You have no option but to pay your taxes. 5 main heads […]
What Is Inflation And How Does It Affect You?
Do your parents always talk about how much cheaper everything was in their day? Remember the time when 1 litre of milk used to cost just Rs 9. And today it is close to Rs 60! The rise in the prices of goods and services and, subsequently, the fall in the purchasing power […]
Should You Save Or Should You Invest? What Is Better For You?
First list down all the goals you would want to achieve and the things that you would like to have in the near, not so near and the distant future. For example, you may want to buy a new car, go on a foreign holiday, buy your dream house or even create a wealth reserve […]