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Myfinopedia informs its users to decide which alternative is appropriate for them as per their understanding of the markets after getting clear pictures of the intricacies involved.

how to save money in 30 days

What is the 30 Day Rule? Saving Money, Buying & Selling Stock

The 30-day savings rule is a personal finance technique that involves putting money aside for 30 days to develop an emergency fund or save for a specific goal. The concept is that by saving a tiny, manageable amount instead of impulsive buying, you can gradually accumulate a considerable savings without feeling overwhelmed by the expense. …

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Sensex and Nifty Today

Today’s Stocks Market Updates (13 February 2023)

VALUATIONS SENSEX PE Ratio 22.87 NIFTY PE Ratio 21.05 Source: NSE and BSE BSE SENSEX 60431.84 -250.86 -0.41% NIFTY 50 17770.90 -85.60 -0.48% NIFTY Bank 41282.20 -277.20 -0.67% BSE MID CAP 24580.36 -310.08 -1.25% BSE SMALL CAP 27932.15 -330.90 -1.17% GOLD (Rs./ 10 gm) 56,616.00 -125.00 -0.22% SILVER (Rs./kg) 66,486.00 -178.00 -0.27% USD/INR 82.71 +0.22 …

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difference between open-ended and closed-ended mutual funds

Open-Ended Fund vs Close-Ended Fund

When it comes to investing flexibility and ease of purchase and sale, the two types of mutual funds, open ended and close-ended funds, may occasionally be confused Open-end funds typically permit investors to join or leave at any time, including following the NFO. Closed-end funds, on the other hand, allow investors to purchase units of …

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Child Investment Plans India

Where to Invest For Your Child Education in 2023?

While there are various financial options available to help ensure your children’s future, the first priority for parents should be a life insurance plan that supports kids in pursuing their educational aspirations in whatever field they choose. Parents’ first objective is to save money for their children’s futures. And for good reason—a young person’s career …

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NFO Benefits

What is NFO? NFO Full Form, Benefits and Disadvantages

The term NFO is often used in the mutual fund industry. NFO is an abbreviation for New Fund Offer. Over a short period of time, investors purchase NFO as an initial subscription, when it is launched by asset management firms (AMCs). Today, we will go in-depth about the intricacies of the NFO funds and its …

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Sensex and Nifty Today

Today’s Stocks Market Updates (10 February 2023)

VALUATIONS SENSEX PE Ratio 23.13 NIFTY PE Ratio 21.06 Source: NSE and BSE BSE SENSEX 60682.70 -123.52 -0.20% NIFTY 50 17856.50 -37.00 -0.21% NIFTY Bank 41559.40 5.10 0.01% BSE MID CAP 24890.44 8.79 0.04% BSE SMALL CAP 28263.05 135.64 0.48% GOLD (Rs./ 10 gm) 56,731.00 -121.00 -0.21% SILVER (Rs./kg) 66,839.00 -191.00 -0.28% USD/INR 82.49 -0.01 …

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Advantages Alternative Investments

Advantages and Disadvantages of Alternative Investments

One of the investment categories that clearly do not fall under traditional investment classifications. Non-traditional investment vehicles include private equity firms and hedge funds, shares, bonds, and cash may be included, as well as traditional and non-traditional assets. Alternative investments can be highly leveraged, which can have serious legal and tax consequences. Most alternative assets …

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Sensex and Nifty Today

Today’s Stocks Market Updates (09 February 2023)

VALUATIONS SENSEX PE Ratio 23.21 NIFTY PE Ratio 21.11 Source: NSE and BSE BSE SENSEX 60806.22 +142.43 +0.23% NIFTY 50 17893.50 +21.80 +0.12% NIFTY Bank 41554.30 +16.65 +0.04% BSE MID CAP 24881.65 -1.59 -0.01% BSE SMALL CAP 28127.41 -42.21 -0.15% GOLD (Rs./ 10 gm) 57,209.00 -6.00 -0.01% SILVER (Rs./kg) 67,561.00 -72.00 -0.11% USD/INR 82.51 +0.02 …

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Sensex and Nifty Today

Today’s Stocks Market Updates (08 February 2023)

VALUATIONS SENSEX PE Ratio 23.16 NIFTY PE Ratio 21.10 Source: NSE and BSE BSE SENSEX 60663.79 +377.75 +0.63% NIFTY 50 17871.70 +150.20 +0.85% NIFTY Bank 41537.70 +46.80 +0.11% BSE MID CAP 24883.24 +245.66 +1.00% BSE SMALL CAP 28169.62 +212.88 +0.76% GOLD (Rs./ 10 gm) 57,098.00 -159.00 -0.28% SILVER (Rs./kg) 67,467.00 -62.00 -0.09% USD/INR 82.49 -0.21 …

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Disadvantages of money market funds

Advantages and Disadvantages of Money Market Mutual Funds

Money Market Mutual Funds, often known as overnight or late-night mutual funds, are based on the short-term interest rate in the market. It comprises of commercial papers, commercial bills, treasury bills, government securities with a remaining term of up to 365 days, call or notice money, certificates of deposit, usance bills, and any other analogous …

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