We are delighted to announce the launch of NaviPlan: A Privacy-Focused Multi-asset Tracker and Goal Planner. This tool was developed by Gokul of Naviran Technologies in association with freefincal and can be used to track mutual funds, stocks, and FDs. The user can tag these to financial goals and track their progress. The tool also…
Continue reading →In India, parenting is often treated less like a responsibility and more like a long-term investment scheme. We pour everything we have—our savings, our gold, and our youth—into our children’s education and marriages. We tell ourselves it is out of love. But deep down, for many Indian parents, there is an unspoken contract: I sacrificed…
Continue reading →This index fund screener is based on tracking error and return differences wrt benchmarks (also known as tracking differences). It will help users evaluate how efficiently an index fund has tracked its underlying benchmark. It will also help them understand how tracking a midcap index, such as the Nifty 100 or 500, differs from tracking…
Continue reading →NaviPlan is a privacy-focused multi-asset portfolio and financial goal tracker developed by Gokul of Naviran Technologies in association with freefincal. In this article, we list some frequently asked questions about NaviPlan. Presentation: The tool can be used on your PC, tablet, or mobile browser. If the tool is updated with new features, a simple browser…
Continue reading →Every parent wants the best for their children. We work hard to give them a good education, a comfortable life, and opportunities that we may never have had ourselves. We worry about their health, safety, career, and future. But let me ask you a simple question: Are you preparing your children to manage money? Most…
Continue reading →Retirement Was Never Supposed to Feel This Urgent. But Here We Are. Our parents had a version of retirement that mostly worked. You joined a company young, stayed long enough, built a provident fund or pension, and retired around 60 with some stability behind you. The system was not glamorous, but it was understandable. You…
Continue reading →Have you ever been convinced that you too could become a millionaire? I have been in your shoes. In today’s world, we are heavily influenced by social media, where a person is chilling on a vacation with their laptop and their trading setup on. We also think we can quit our jobs, do this, and…
Continue reading →This ETF screener tracks errors and differences (ETF return minus index return). It will help users evaluate how efficiently an ETF has tracked its underlying benchmark. The tracking error is the ETF’s standard deviation minus the index’s monthly return differences. The lower the tracking error, the more efficiently the ETF tracks the index. Unlike returns,…
Continue reading →Not every financial decision deserves the same amount of analysis. Choosing between Mutual Fund A and Mutual Fund B feels important. In reality, it isn’t. If six months later you find a better fund or your investment philosophy changes, you can simply switch. The decision is reversible. The cost of changing your mind is relatively…
Continue reading →Are you worried about whether you can afford that new phone or bike or car? Feeling guilty and tempted at the same time? Here is a simple way to find out affordability & organise finances so that you can responsibly buy stuff you love! Every time I go to a corporate money management session, I…
Continue reading →A reader says, “I was recently introduced to freefincal by a colleague. I am 48 and did not plan anything for my retirement. After reading your articles and understanding how important retirement planning is, I feel like a failure. What can I do? Is there any hope left for me?” Please don’t despair. The past is…
Continue reading →The latest freefincal Equity Mutual Fund Performance Screener is now available. Use it to screen for equity mutual funds that consistently perform. You can screen based on fund category & benchmark to identify mutual funds that offer higher returns than the benchmark while maintaining lower risk. Inside, you get discounted links to our robo advisory…
Continue reading →A reader says, “Dear Pattu Sir, I am 28 and wish to retire by 50. What is the retirement corpus I require?” We shall compute this using the freefincal robo advisory tool with the following modifications (remaining assumptions stay the same): Monthly expenses Rs. 50,000; The current corpus is practically zero Post-tax return expected from…
Continue reading →I was recently asked in an interview to list personal finance milestones in the 30s, 40s and 50s. Since personal finance is deeply personal, listing such milestones may cause anxiety in many who, due to personal circumstances, have had difficulty investing or saving like the rest of us. I liked three questions on a related…
Continue reading →This is a National Pension Scheme Fund Screener to shortlist consistently performing NPS schemes. You can also identify NPS schemes that offer a higher return than the benchmark while maintaining lower risk. This is similar in design to the freefincal Equity Mutual Fund Performance Screener. Inside, you get discounted links to our robo advisory tool…
Continue reading →There’s a moment in the movie “Life in a … Metro” where one character asks a simple question: “If you sat in your car and waited for every single traffic signal on your route to turn green before you left home, would you ever actually go anywhere?” You wouldn’t. Because that’s not how a journey…
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