GIFT City FundsThe ratio is a past score, not a promise. Sharpe ratio in mutual funds measures excess return per unit of volatility. Quick Answer Box Sharpe ratio =..
Tag: Mutual Funds
XIRR in Mutual Funds: Meaning, Excel, and Platforms
The app shows 18 percent. Your friend shows 11 percent. Both numbers can be honest. Xirr in mutual fund means an annualised rate on money that did..
Sale of Securities and Mutual Fund Units: AIS & Tax
AIS has a long heading that intimidates first-time filers. Purchase and sale of securities and mutual fund units in one block. The heading combines two events. Usually..
What Do You Mean by Compounding: Interest & Returns
A small interest credit appears on a savings app. A sip calculator shows the corpus is many folds the money invested. They both follow the same concept…
11 Facts on Capital Gains Tax on Mutual Funds
If an investor sells mutual fund units, he would like to know how much tax he will have to pay. It is contingent upon whether the fund..
11 Facts on What Is Net Asset Value in Mutual Funds
An investor looks at a statement for a mutual fund and sees a number of units held next to a figure labelled NAV. Multiplying the two values..
Key Facts on the Meaning of NFO in Mutual Funds
An investor sees ads for a new mutual fund scheme which opens for subscription at ₹10 a unit. NFO is repeated. So the first thing you should..
SEBI’s Payroll SIP Plan: The Next Evolution of Systematic Investing in India
For decades, Indian employees have been accumulating their retirement savings through mandatory deductions like EPF and voluntary contributions to NPS. Now, the Securities and Exchange Board of..
Growth of Mutual Funds in India: A Simplified Guide
The Mutual Fund Industry in India has experienced significant growth in the past decade. In 2014 alone the Assets Under Management (AUM) of the industry was at..
What Maharashtra Temples Can Teach Us About Mutual Funds
When one thinks of temples, rituals, traditions and the divine are the first words that come to mind. But here is the new age twist; In Maharashtra,..