Invest Money

Before learning how to calculate XIRR, let’s first understand what the term XIRR means.XIRR is commonly expanded as Extended Internal Rate of Return.X – Extended (investments made on different dates)IRR – Internal Rate of ReturnUnlike CAGR, which assumes you invest a lump sum only once, XIRR is used when you invest or withdraw money on […]

CAGR means Compound Annual Growth Rate. It is a measure of an investment’s performance over a given period of time.A higher CAGR generally indicates better historical returns when comparing investments over the same time period.For example, if Fund A has delivered a CAGR of 20% over two years while Fund B has delivered 15% over

As the name suggests, a multi-asset allocation fund is a type of mutual fund scheme that invests in multiple asset classes.As per SEBI’s categorization of mutual funds, a scheme is classified as a multi-asset allocation fund when it invests in at least three different asset classes with a minimum allocation of 10% in each asset

SEBI has classified gilt funds as mutual fund schemes that invest a minimum of 80% of their total assets in Government Securities (G-Secs).Since these funds primarily invest in government-backed securities, they are generally considered relatively safer in terms of credit risk.Gilt funds are generally open-ended schemes, which means investors can invest through SIPs (Systematic Investment

An open-ended mutual fund is a type of mutual fund scheme that allows investors to buy and redeem units at any time. Examples include equity mutual funds and debt mutual funds.These funds generally do not trade on stock exchanges like shares. Investors usually do not need a demat account to invest in them.The price of

A close-ended mutual fund is a type of mutual fund scheme that is open for subscription only during its launch period, also known as the New Fund Offer (NFO). This means investors generally cannot purchase additional units directly from the fund house after the subscription period closes.These funds usually come with a fixed maturity period.Close-ended mutual

As the name suggests, a Fund of Funds (FOF) is a type of mutual fund that invests in other mutual fund schemes instead of investing directly in stocks, bonds, or securities.A Fund of Funds may invest in schemes from the same fund house or from different fund houses.Depending on its investment strategy, an FOF can

International mutual funds are mutual fund schemes that invest in overseas securities and global markets.Some international mutual funds invest entirely in foreign securities, while others invest in a combination of domestic and international stocks.For example, the ICICI Prudential US Bluechip Equity Fund primarily invests in stocks of large companies listed in the United States.Similarly, the

As the name suggests, an ETF or Exchange-Traded Fund is a type of investment fund that is traded on a stock exchange, similar to shares of a company.ETFs may track an index, commodities, bonds, or other securities. Most ETFs are passively managed and aim to replicate the performance of the underlying index or asset they