Mayhem in Indian Markets: Stay calm and this too will pass!
Dear Friends, Tight Integration with Global Economy has its own Pitfalls. Due to Chinese currency devaluation and growth worries, the markets across the globe reacted negatively. Indian markets were no exception and the Sensex fell by over 1600 points to touch 25,741 and Nifty by 490 points to touch 7,809 on Monday, 24th Aug 2015. Since 2000, the index has dropped by over 15% on 11 occasions and except for 2008 sub-prime crisis, it...
PenguWINs SIP Campaign – “SIP your Way to Wealth!”
Hearty Wishes on our Independence Day! On this special day, PenguWIN is proud to launch its “SIP your Way to Wealth!” campaign focusing on systematic investment plans in Equity based Mutual Funds towards the goal of long term wealth building. As you might already know, PenguWIN has a dedicated page in its website that details the benefits of Systematic Investing: https://penguwin.com/sigaramsip-kodeeswaran/ There is still a lot of hesitance among people to invest in Equity and...
Decoding Mutual Fund Star Ratings
Dear Friends, Numerous Analysts, Ratings Agencies and Magazines in India including Value Research, CRISIL, Money Control, Outlook Money, Morning Star, and Mint rate the Mutual Funds in India. Most of them use the risk adjusted returns approach and rate funds which have been in existence for a while, the time duration varies depending on the type of fund and rating provider. For Internet savvy investors, it’s a no brainer to pick the highest rated funds...