What is Annualised Return ‘Return’ is the yield that an investment generates over a period of time. It is the percentage increase or decrease in the value of the investment in that period. Returns on mutual funds are expressed in...

What is Inflation in Economy? Inflation is an economic indicator that indicates the rate of rising prices of goods and services in the economy. Ultimately it shows the decrease in the buying power of the rupee. It is measured as...

What is Salary Slip? A salary slip or payslip is a document issued monthly by an employer to its employees. A salary slip contains a detailed breakdown of employee salary and deductions for a given period. This document can be either...

Fixed deposits are the most popular and sought-after investment options in India. Investors have the freedom to choose the investment amount and tenure of the deposit. However, investors need to withdraw their investments earlier than intended to meet certain emergencies....

Net Present Value (NPV) is a capital budgeting technique used to determine an investment's profitability. Internal Rate of Return (IRR) is a financial metric that estimates the return from an investment. Though both NPV vs IRR determine how profitable an...

Gold is an asset that not only adds value to an investment portfolio but also helps in its diversification. Financial experts suggest that an investment portfolio should have at least 10%-20% of assets invested in gold. The main reason for...

Employee Provident Fund (EPF) is an initiative of the Government of India to encourage savings among Indians. Both employer and employee make equal contribution to the EPF scheme. One can redeem the balance in the EPF account upon retirement, unemployment...

The National Pension System (NPS) is a Government of India initiative to encourage retirement savings. To apply for NPS, one has to fill in various forms, and there might be a chance of error while filling in the subscriber's personal...