You can use the ‘PMT function’ in Excel to find out how much monthly investment is required to become a crorepati. You can go to ‘Formulas’ and ‘insert functions’ and select ‘PMT’ from the drop-down list. A formula input sheet will open. Next, you can add the assumed rate of return on investment as the…
Seven top-performing equity mutual funds, including Bandhan Small Cap and HDFC Mid Cap, have delivered over 25% CAGR across three- and five-year periods, making them standout long-term performers. Source link
The top-performing mutual funds for a three-year lumpsum horizon are dominated by value and gold-oriented schemes, all delivering strong compound returns. Despite impressive past performance, investors are advised to base decisions on risk tolerance, investment horizon, and financial goals rather than returns alone, ensuring alignment with long-term objectives and suitability Source link
ICICI Prudential Large Cap Fund, a flagship product of ICICI Prudential Mutual has turned Rs 10 lakh lumpsum investment to Rs 1.15 crore in the last 17 years since its inception, an analysis of the performance showed. Launched on May 23, 2008, the fund has delivered a CAGR of 15% since its inception. In the…
7 mutual funds trim their exposure in 19 stocks in October Source link
Seven mutual funds trimmed their holdings in about 20 midcap stocks in October as part of routine portfolio management, according to a report by Nuvama Institutional Equities. Source link