Internal Rate of Return (IRR): Full Form, Meaning, Formula
What is Internal Rate of Return? Internal Rate of Return (IRR) is a financial metric that considers the cash flows from an investment to evaluate its profitability. In other words, it evaluates investment returns by considering both positive and negative...
Fair Value (FV) – Importance and Calculation Process
What is the difference between fair value and market value? Fair value is the actual value of an asset, based on fundamentals and financial position. It is derived by mathematical methods and is not affected by any of the market...
Weekly SIP vs Monthly SIP vs Quarterly SIP – Which is Better?
We’re sure you know what a systematic investment plan or an SIP is by now. There has been a lot of talk about SIPs in the world of mutual fund investments. They have been heralded as the best way to...
Investment Manager vs Fund Manager – What is the Difference?
What is the Difference Between an Investment Manager and Fund Manager? Both investment manager and fund manager perform similar duties towards investment decisions. A fund manager is responsible for implementing a fund’s investment strategy. An investment manager is responsible for...
7 Different Types of Systematic Investment Plan
A systematic Investment Plan (SIP) is a mode of investing in mutual funds. To invest in mutual funds, one can choose either the lump sum investment route or the SIP route. In SIP, investors can invest in mutual funds at...
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Tax Liability
Tax liability is the debt every individual, corporate, institution owes to the Central Government of India. The taxability, rate, type of tax depends on the type of income and the statutory body regulating such taxation. The taxes collected from the...
Income Tax Deduction Under Section 80C AY 2023-24
What is Section 80C of Income Tax Act? Section 80C of the Income Tax Act provides tax deduction up to Rs1.5 lakhs to individuals and HUF. The tax deductions provide a means for individuals to reduce their gross total income...
How to Save Tax on Health Insurance?
If you are planning for your tax saving, then a good option would be to invest in Health Insurance. Not only does it reduces your taxable income but also, provides you protection against the rising medical expenses. How much deduction...