Tracking your financial portfolio helps you get a snapshot view of your financial health and take data driven decisions effectively.
Tracking your financial portfolio helps you get a snapshot view of your financial health and take data driven decisions effectively.
Why invest in a Liquid Fund when you can park money in a savings bank account or a fixed deposit? Let’s find out.
Let’s take a few conservative assumptions are do a little “car math”.
XIRR is Extended Internal Rate of Return. For most practical purposes, it’s the rate of return you need to compare an investment against a bank fixed deposit.
If you can figure out your asset allocation and re-balance once a year, and if you get that right, you should have a reasonably good investment plan.
