We are delighted to announce the launch of NaviPlan: A Privacy-Focused Multi-asset Tracker and Goal Planner. Gokul of Naviran Technologies developed this tool in association with freefincal, and users can track mutual funds, stocks, and FDs. The user can tag these to financial goals and track their progress. The tool also offers options to lower…
Continue reading →Humans are mimetic creatures. Whether it’s career paths or lifestyle choices, we subconsciously mirror the people we admire. In the world of investing, this usually means looking at the titans — the Warren Buffetts, the legendary fund managers, or the “FinTwit” star who retired at 35. Those who understand that these are exceptional, unrepeatable characters…
Continue reading →In my previous article on risk profiling, I explored the shortcomings of most online risk assessment tools. That exercise unexpectedly led me somewhere deeper. About the author: Sneha Rege writes about personal finance and retirement planning based on her own journey as a salaried professional. She has cleared the NISM Series XA exam and continues to…
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 →Here are some simple steps to plan and achieve your dreams and financial goals. One should consider investment products only after the goal is defined and planned for (the process). Sadly, most investors have a product-first, plan-later approach. Some assume they do not have a financial goal and only want to create wealth. They need…
Continue reading →Let me tell you about two neighbours. Sharma ji started a few mutual funds 15 years ago, then got busy with life and basically forgot about them. Never checked, never sold. The SIP just ran every month like a quiet tap filling a bucket. Verma ji was the active one. He read, he watched videos,…
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 →Many taxpayers have traditionally followed one of two approaches when receiving gifts from specified relatives such as parents, spouse, children, siblings, or certain lineal ascendants and descendants. One school of thought has been that such gifts need not be reported in the income-tax return at all, since they are specifically exempt from tax under the…
Continue reading →Jijesh has designed a comprehensive retirement planning tool for aspiring and early retirees. He describes its key features in this article. Please note: Freefincal is not associated with this tool in any way. It is published because we strongly believe that DIY investors’ efforts to help the community should be promoted. Please exercise due diligence…
Continue reading →If you open YouTube/Instagram in India today, the algorithm feeds you a very specific dream. A young guy in a polo t-shirt sits in front of a laptop. He draws a few lines on a chart (Technical Analysis), presses a button, and 10 minutes later, shows a screenshot: Profit: ₹5,200. The Pitch: Why work 9-to-5…
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 →“I don’t even care about becoming rich anymore. I just want an exit.” Over the last few months, I’ve heard versions of this sentence repeatedly from salaried professionals. Not people who hate work. People who are simply exhausted by the environment around work and the growing uncertainty of it all. About the author: Sneha Rege…
Continue reading →Here is how you can review your retirement portfolio. 1. What is the retirement corpus worth today? If you retire today, how many years can you be financially independent? If this number equals the years you expect to be alive from today, you are financially independent! For example, suppose I can be financially independent without…
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 →A reader asks, “Sir, what return should I use while planning for retirement? I wish to retire by age 55. I am currently 35”. Many people make two mistakes while planning their finances. The first common mistake is presuming that equity mutual funds provide a 12% (or more!) return and utilising that figure to calculate…
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