Refreshing Finance

Scrolled through social media and found something named “SIP” as an investment option? Got a chatter around your friends regarding SIP/Mutual Funds, but you are clueless as to what this is all about? Let us delve into the intricacies of Rupee Cost Averaging. Whether you're already familiar with the concept or stepping into the realm of SIP for the first time, this article aims to provide insights that deepen your understanding and clear the basics surrounding Rupee Cost Averaging. Problem Statement There was a problem statement for the investors in the early 90’s, they wished to invest regularly but did not want to go through to the tedious process of paperwork every month. They were even ready to provide annual Post-Dated Cheques as well. However, the industry did not provide this option at that point in time. Well as they say Necessity is the mother of invention . And a baby was born by the name SIP. It all began when SIP was introduced in India in early 1993 by...

If you wish to receive all future articles directly to WhatsApp, please join the Whatsapp community by clicking  here . What if inflation was a Game? Or it is  already ? Read along for the next 4 minutes and you shall be presented with a slightly different perspective on inflation . Inflation is a game which is constantly being played by the market forces around you automatically whether you wish to play or not! Last year that vegetable was costing 100/KG, this year it is costing 110/KG. Last year your favourite bike was costing 1,00,000 however now it is costing 1,05,000 Last year your dream holiday prices was 2,00,000 however now it is 2,25,000  List goes on, but you understand the theme that we are trying to put it out here. But How is it a game you ask? Well it is a Tom and Jerry Game as we call it. Take the following example of Mr. X and his finances! Total Income - Rs. 10,00,000 Total Expense - Rs. 6,00,000 Total Savings - Rs. 4,00,000 Now assuming the inflation for...

If you wish to receive all future articles directly to WhatsApp, please join the Whatsapp community by clicking  here . How many times have we heard this question, "Market kya lag raha hai"  Loosely translating to What is your opinion of the market? This is the typical screen of a Stock Market Trader (Bolt) For a layman who is looking at the screen for the first time, he shall be overwhelmed by the sheer numbers present on the screen plus it keeps on changing every second every minute. How does a layman cope up with this?  Today's blog will be fun with learning as we shall be learning some snippets about Mr Market which we may not have heard of. Table of contents Introduction The Fickle Nature of  Mr Market The Daily Price Offers by Mr Market Question for readers - Part 1 Advantages of being a Retail Investor Vs Institutional Investors/Mutual Funds Karm Karo Fal ki Chinta Na Karo  or  Controlling the Controllable! Approach to Investing! Purpose of Mone...

If you wish to receive all future articles directly to WhatsApp, please join the Whatsapp community by clicking  here . Is international Investing a fad or is it an idea whose time has come ?  I would like to rephrase this question as follows: Vasudhaiv kutumbakam (The idea that the world is one family) Vs Atmarnirbhar Bharat (The idea that India should be self-reliant) There is no one answer to this. However, I will try and put forward everything that revolves around international investing in an unbiased manner and you can take your call. Remember Personal Finance is Personal for a reason, because it is different for everyone. However, we shall try to delve into First Principles which can be a guide map on where to start from. After reading this piece, you shall be in a better place to understand International Investing than where you started with. Table of contents 1. Introduction 2. It's India's Decade Right, then what is the case of international investing? 3. How is i...

Before beginning, it is imperative to mention that mutual funds perhaps are the best tool available for Indian Investors.  Rightly so the industry has grown to about INR 40 Trillion and definitely has more legs to grow. They can auto deduct the money through SIP and thus bring automation and discipline. They have the best minds studying the ever changing landscape of the markets for you. They can deliver the much needed inflation beating return consistently. However even the best have scope for improvement, right ? Well this is what SEBI thinks is the case. To begin, mutual funds Asset Management Companies (AMC's) operates on a simple premise. "You win they win You lose they win" They shall be taking a small cut known as the Total Expense Ration (TER) irrespective of returns earned by investors. Is it fair, you ask? Read on!  What is Total Expense Ratio (TER)? TER is a fees charged by the mutual funds to the investors whether or not they deliver on their promises. This fe...