I discuss ways in which we can visualise and interpret the annualised return, also known as the compounded annualised growth rate or the CAGR and volatility of returns. Franklin India Prima Fund had a NAV of 201.75 on April 3rd, 2006 and a NAV of 878.5 on 12th April 2017. What is the annualised return?
To compute this, we first realise 11 years is the intervening time period - 11.033 to be precise. The annualized return is given by,
I have updated the two guest posts written by CK Aparna that explain how to e-file income tax returns using ITR1, ITR2, ITR3, ITR5 for AY 2017-2018. Do consider sharing it with assessees who are filing tax return for the first time or filing tax return with capital gains for the first time.
Know which ITR you are supposed to file.
a)If you have an income from just salary, house property and bank deposits (Savings, FD, RD, Flexi RD), it is ITR1 (total income up to 50 L)
Each week, I try to answer generic questions from readers. Here is this week's edition. You can use the form below to ask your questions. I am glad that the Q and A has been received well. I have now added a link to the archives in the top menu.
Nara: Dear Pattu, I asked a question last week, so far I have no reply. Do you reply only via this blog or is the reply also sent to my email address? So I am repeating the same today. I am 64 & wish to retire in one year. My savings are invested in the following manner: 33% each in Equity MF, PPF and FDs. As the FDs mature I intend to invest the same in Debt MFs. Q1. Is PPF good or should I deploy the funds else where? Q2. Can you suggest 3 to 4 good debt funds for me. Q3. For me which is a good retirement corpus calculator. Awaiting your reply. Thanks. Nara
The 13th edition of the freefincal stock analyzer now auto-generates Hewitt Heiserman Jr.'s Earnings Power Box, thank to efforts of Rs. Srivatsan, who explained how to identify good business from bad one using it in yesterdays guest post: It’s Earnings That Count: Forget the next Infy; Can you identify the next Satyam? The automated stock analyzer pulls financials from morningstar, stock price history from moneycontrol and calculates intrinsic value in six different ways, along with Dupont analysis, Graham number, Piotroski and Altman Z-scores for financial health.
In this guest post, R. Srivatsan explains how to differentiate a good business from a bad one, using a stock valuation technique known as Earnings Power Box, introduced by Hewitt Heiserman, Jr, in his book, “It’s Earnings That Count: Finding Stocks with Earnings Power for Long-Term Profits”. Following his suggestion, I have added this feature in the freefincal automated stock analyzer.
His post is in the form a presentation and I have converted each slide into an image. It is easy to read and understand. By the way, Last few tickets are also available for the 3rd New Delhi event to be held on April 23rd, 2017 (link below).