Wallet Investment

What is NFO? Each Individual Investor has started to invest more in mutual funds to diversify their portfolios by investing in mutual funds. They also seek professional management of their investment. In mutual funds, a New Fund Offer (NFO) is a term that comes up especially when a fund house launches a new Scheme. A New Fund Offer (NFO) is one of the key events in the life cycle of the mutual fund. What is NFO? What is a New Fund Offer (NFO)? An NFO is the initial public offering of units of a new mutual fund scheme. It is similar to an Initial Public offering (IPO) in the stock market, where investors can purchase mutual fund units at an offer price of Rs. 10/—per unit in India. Why was NFO Introduced? AMC introduces NFOs to attract new or existing investors with unique investment strategies and themes existing mutual fund schemes do not cover. These new schemes can be equity-oriented, debt-oriented, hybrid-oriented, or even thematic or Sectoral funds. Types of Mutual Fund Offers Ope...

  Top 5 Types of Inflation and Their Economic Impacts Inflation is the rate at which the prices of goods and services increase over time, reducing the purchasing power of money. In simple terms, as inflation rises, your money buys less than it used to. Inflation is measured in various forms to analyse its impact on specific sectors and the economy. Here’s a detailed explanation of retail inflation, food inflation, and other types of inflation: Types of Inflation and Their Economic Impacts 1. Retail Inflation Definition: Retail inflation measures the rise in the prices of goods and services at the consumer level. It reflects how much consumers pay for items in the market. Measurement: Typically calculated using the Consumer Price Index (CPI), which tracks the price changes of a basket of goods and services consumed by households.Includes categories like food, clothing, housing, transportation, healthcare, and education. Effect: High retail inflation reduces consumers' purchasing pow...

Understanding Inflation: The Invisible Force Behind Your Finances Inflation is a term that often comes up in discussions about the economy, personal finance, and investments. But what exactly is inflation, and how does it impact your day-to-day life and financial planning? Let's dive in to understand this crucial economic concept. Understanding Inflation: The Invisible Force Behind Your Finances What is Inflation? In simple terms, inflation refers to the rate at which the general price level of goods and services rises over time, decreasing the purchasing power of money. For instance, if the inflation rate is 5%, an item that costs ₹100 today will cost ₹105 a year later. Inflation is usually measured by indices such as the Consumer Price Index (CPI) or the Wholesale Price Index (WPI), which track the prices of a selected basket of goods and services over time. Types of Inflation Demand-Pull Inflation: Occurs when demand for goods and services exceeds supply, leading to higher pric...