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Best Mutual Funds in India Introduction Mutual funds are a popular investment option in India, offering the potential for high returns and diversification benefits to investors. These funds pool money from multiple investors and invest in a diversified portfolio of securities such as stocks, bonds, and other assets. They are managed by professional fund managers who make investment decisions on behalf of the investors. One of the key questions investors often ask is, “Which are the best mutual funds in India?” Determining the best mutual funds can be subjective and depends on various factors such as performance, risk-adjusted returns, expense ratios, and assets under management (AUM). In this article, we will focus on the Forbes India rankings to identify the top performing mutual funds in India. Forbes India compiles an annual list of the best mutual funds based on their performance over a specific period. The rankings consider factors such as three-year returns, AUM, expen...

Securing personal loans can be an effective way to manage pivotal moments like weddings, renovations, or unexpected expenses. Yet, the commitment to monthly repayments requires clear understanding. EMI, or Equated Monthly Installment, represents the monthly payment for repaying your loan. Calculating EMI may appear challenging, but fear not. Through this guide, we’ll simplify EMI calculation for personal loans, delineate its components, and offer a straightforward formula for determining your monthly payments, empowering you toward financial confidence. Decoding Personal Loan EMIs Before delving into the details of EMI calculation, it’s important to grasp what an EMI entails. An EMI is a fixed monthly payment made by borrowers against their loan, comprising both principal and interest components. The principal is the borrowed sum, and the interest represents the lender’s charge for the loan. Every EMI payment gradually pays off both these parts. Consideration of loan a...

How to Apply for Nuvama Demat Account? Introduction A Demat account, also known as a dematerialized account, is an important tool for investing in the stock market. It acts as a safe place to store and trade securities electronically, without the need for physical share certificates. By opening a Nuvama Demat account, investors can easily get started with stock trading. Nuvama is a top brokering firm that stands out from the rest by offering a variety of benefits that make it an appealing option: Competitive brokerage rates that can help maximize your investment returns. Access to advanced trading tools for making well-informed decisions and finding strategic investment opportunities. Expert research advice to guide your investment strategies and optimize your portfolio performance. With these advantages, a Nuvama Demat account not only simplifies the process of managing investments but also empowers investors with valuable resources and support for their financial journey. The Step-by...