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Showing posts with the label Mutual fund

SIP Calculator

SIP Calculator SIP Calculator Select Investment Type: Monthly SIP Lumpsum Monthly Investment (Rs.): Expected Annual Return Rate (%): Time Period (Years): Total Investment (Rs.): Expected Annual Return Rate (%): Time Period (Years): Calculate Results: Invested Amount: Rs. 0 Estimated Return: Rs. 0 Total Wealth Value: Rs. 0

Today's 24K gold price in India

go to link https://goldprice.org/spot-gold.html and check gold price with ( Gold + INR + g ) option. then copy final price here Gold Price Calculator - India Gold Price Calculator (India) Enter Gold Price per Gram (INR): Calculate Final Price

Indian Railway Finance Corporation (IRFC)

Indian Railway Finance Corporation (IRFC): Driving the Financial Engine of Indian Railways Introduction The Indian Railway Finance Corporation (IRFC) plays a crucial role in the growth and modernization of the Indian Railways , one of the largest rail networks in the world. As a dedicated financial arm of the Indian Railways , IRFC is responsible for raising funds and ensuring seamless financial support for railway infrastructure and rolling stock. In this blog, we will explore the key functions of IRFC, its impact on Indian Railways, and why it plays a vital role in India's economic growth. What is IRFC? Established in 1986 , IRFC is a public sector enterprise under the Ministry of Railways, Government of India . The primary objective of IRFC is to mobilize funds from various financial markets to meet the capital expenditure requirements of Indian Railways. It does this through: Issuing bonds Borrowing from domestic and international financial institutions Rai...

The SIP 15:15:15 Rule: Your Guide to reach 1 Cr

Systematic Investment Plans (SIPs) have revolutionized the way individuals approach investing, especially in mutual funds. Among various strategies, the 15:15:15 rule has gained significant popularity as a straightforward and effective method for wealth creation. This rule not only simplifies investment planning but also demonstrates the power of compounding when paired with discipline and consistency. Let’s delve deeper into what this rule entails and how it can help you achieve your financial goals. --- What Is the SIP 15:15:15 Rule? The 15:15:15 rule is a simple formula for building substantial wealth over the long term. Here's what it signifies: 1. Invest ₹15,000 per month through SIPs. 2. Stay invested for 15 years. 3. Expect an average annual return of 15%. If these three conditions are met, your investment can grow into a substantial corpus of over ₹1 crore. This rule highlights the power of compounding, where your returns generate further returns, significantly boosti...