Preeti Kapoor

  ICICI Prudential Nasdaq 100 Index Fund                                               ICICI Prudential Mutual Fund has announced the launch of the ICICI Prudential Nasdaq 100 Index Fund. It is an open-ended index fund replicating the NASDAQ-100 Index Fund. Key Highlights of the Fund -    Access to globally leading companies that maintain a dominant position in the market. -     44 weightage in technology stocks -      NASDAQ-100 INDEX@ Price to Equity Ratio-28.01, Price to Book Ratio-4.91 -      Nifty 50 Price to Equity Ratio-26.45, Price to Book Ratio-4.33 -      NASDAQ-100 Index has grown 4x times in the last 2 decades Key Features NFO Opens-                                                                 September 27, 2021 NFO Closes-                                                                October 11,2021 Type of Scheme-                                                           Regular and Direct Fund Manager-                                                            Priya

          Tips to Pay Your Home Loan Faster                                                                  Tricks to pay your  home loan faster                                                         Paying a home loan early is the dream of a borrower. By following certain tips you can pay off your home loan faster: Purchase a home you can afford Save money before applying for a loan Take some part-time jobs or do freelancing to make extra money Don't take any personal loan Make partial repayments as much as you can to reduce interest rates faster Reach the principal amount early Postpone your unnecessary travel plans Always keep 3 month EMI amount in your account Lease your property which you rarely use Pay your credit card bills on time Use the profit from your other investments like fixed deposits

                                         Early Retirement Retire Early It means retiring before your normal age. With good planning, it may be possible. According to the FIRE formula, if you live frugally and save furiously you can retire early. The FIRE movement- Financial Independence, Retire Early. It is a simple phrase but hard to implement. Indicators that help you to retire early Debt-free -Debt is a serious threat to your financial security because it leaves you with less money to do things that you really want to do in life. Paying off debt ends this vicious cycle and frees up your money to buy things you really enjoy. Ample savings -If you wish to retire earlier, you need to save and invest more aggressively as the time horizon is shorter. Have emergency buffers -If you are retiring soon make sure your emergency fund is in good shape. It is a saving that is kept only for unexpected expenses.  Support dependents- Retirement plans act as a financial cushion. It gives your depend

Alternative Investment Fund (AIF)    Any fund established or incorporated in India    Alternative Investment Fund Meaning AIF means any fund established or incorporated in India. It is a privately pooled investment vehicle. It collects funds from investors, whether Indian or foreign. Categories    Category I AIF        1.    Venture capital fund- Invest in start-ups that have a high growth potential but lacking funds to  expand further.        2.    Infrastructure fund-Invest in the development of public infrastructures like roads, rail, and airports  infrastructure          3.  Angel Fund-Invest in startups and they bring their experience in business management to guide the company          4.  Social Venture Fund-Invest in companies that intend to make a profit while solving social and environmental issues.  Category II AIF      AIFs which do not fall in categories 1 and III.      It does not undertake leverage or borrowing other than day to day operational      Real estate funds, pr

                                   Telcom Relief    Ashwini Vaishnaw, Minister for Communications, has approved nine structural reforms  and five process reforms for the telecom sector . Reforms: Four-year moratorium on AGR and spectrum dues 1. AGR to not include non-telecom revenue 2. Delay in payment of statutory dues to not attract penalty 3. Spectrum life extended from 20 years to 30 years with a surrender option 4. 100 percent FDI (Foreign Direct Investment) allowed through automatic route 5. Indian Govt. will have the option to convert telecom dues to equity 6. Lower bank guarantees for statutory dues and no bank guarantees for spectrum auction 7. Spectrum sharing encouraged  8. No spectrum usage charge SUC for spectrum acquired in future spectrum auctions The chances of the telecom sector becoming a duopoly is still high if Vodafone Idea fails to generate enough cash. The liability is postponed rather than totally written off.

                                                 Trading Rules                                                        Golden rules to invest in the stock market                                                                                                  Keep your trading plan ready -Trading strategy is like a road map to be implemented. Always take calculated risk -Scale up when profitable and down when not. Never be emotional -Be practical and have realistic expectations. Protect your capital -Trade safer and more stable with sensible money management. Do not ignore stop loss -Protect your downside by placing stop loss. Trade with money you are not afraid to lose -When you don't know how much you can lose, you are gambling. Don't overtrade- Focus on the quality of each trade, not on the quantity.  Learn from your mistake -Keep record of your trade and learn from your mistake

                                              Six Technical Indicators                                   Pattern-based signal made by price, volume, and open interest Bollinger Bands  It plots price and volatility over time with the upper, lower, and middle bands. Exponential Moving Average Moving Average with more weight given to recent data Simple Moving Averaage Arithmetic average of price over the given data period. MACD Moving Average convergence divergence momentum oscillator RSI Relative strength index with overbought and oversold conditions VWAP Volume weighted average price data period

                                    Mirae Asset Mutual Fund                     America's top 50 companies of S&P 500 Index as per free float market cap                                      America's top 50 companies of S&P 500 Index as per free flot market cap Mirae Asset Mutual Fund has launched  Mirae Asset S&P 500 Top ETF FoF NFO opens on : 1st September, 2021 NFO closes on : 15th September, 2021 Reopens for sale and purchase: 23rd September, 2021 About the Fund Open-ended fund of fund scheme investing im Mirea Asset S&P 500 Top 50 ETF. Why to Invest in Fund? Low cost exposure Provide exposure to the top 50 blue-chip US mega cap companies Portfolio gives exposure to multiple sector leaders Minimum Investment Rs. 5000/- and in multiples of Rs. 1/-  thereafter Systematic Investment Plan Rs. 5000/- (and in multiples of Rs. 1/-) Minimum Additional Purchase Rs. 1000/- Exit Load If redeemed within 3 month s from the date of allotment: 0.50% If  redeemed after 3 m

   Financial Freedom Habits Achieving financial freedom is a goal for many people     Achieving financial freedom is a goal for many people. Life gets easier when you gain sound financial skills and knowledge.   Make a budget Prepare a monthly household budget and follow it. It is also a monthly routine that reinforces your goal.   Start saving as early as possible The magic of compounding will enable you to grow your money when you start early. There is no true way to grow your money other than through investing.   Repay all your credit card dues Credit cards and high-interest consumer loans are a major hurdle in wealth building. Make sure to repay the entire balance every year. Create your emergency fund An emergency fund gives a sense of security. Keep aside for unexpected expenses, it should be equivalent to six months' expenses.   Clear with needs and wants Needs refer to those things that are required to survive. Wants refer to things that you would li

                                                  Lessons from Warren Buffett                                              Investors can use to make the right decisions                                                                     There are many learning we can take from Warren Buffett's investment philosophy and his journey. Here are some learnings that investors can use to make the right decision. Invest in companies that you understand  It is extremely important to know with whom you are investing your money. What are they going to do with your money? Investing involves the risk you take to get a good return. Invest in companies as an owner and not a speculator When you invest in a company you invest in its growth. You become part-owner of the listed company. Be fearful when others are greedy and be greedy when others are fearful These are ideal times to invest as the companies that you want to invest in will also be available at a lower price as others continue to sell. D