Author: findoc

A Registrar and Transfer Agent (RTA) is a specialised organisation that helps companies and mutual fund houses manage their investor data. RTAs issue and transfer securities, like shares or mutual fund units, and maintain up-to-date records of investors. They also handle customer service and process corporate actions. RTAs act as a link between the investors…

India Volatility Index reflects the amount that traders believe the stock market will fluctuate in the coming 30 days. It is based on NIFTY index option prices and is used to check market uncertainty. A high India VIX means traders expect big price changes, usually due to uncertain market conditions. A low India VIX means…

TCS or Tax Collected at Source refers to the tax payable by the seller to the government, but is collected from the buyer. Transactions  involving specific goods, including alcohol, timber, minerals, and motor vehicles are liable for TCS. Tax Collected at Source [TCS] TCS which stands for Tax Collected at Source refers to the tax…

XIRR tells you the growth of your mutual fund investments and takes into account all the irregular inflows and outflows XIRR is a more realistic and accurate measure than absolute returns Let’s say you have started investing in mutual funds and want to compare the returns between two funds. If you only see the absolute…

A Systematic Investment Plan (SIP) is a disciplined and convenient investment method offered by mutual funds, allowing individuals to invest a fixed sum of money at regular intervals—monthly or quarterly—instead of making a lump sum investment. It provides a structured way of investing, ensuring financial discipline while reducing the impact of market volatility. How Does…