Volume 3: Issue 22
This newsletter discusses essential aspects of personal finance, breaking down complex concepts into simpler terms. We’ll explore Section 80DDB, which helps with medical expenses, making it easier to understand how it works. Then, we’ll dive into XIRR, a way to figure out how much you really earn from your investments, especially if you’re doing monthly investments. Learn about Stand Up India, an initiative supporting people who want to start businesses by providing money and a friendly environment. Discover the concept of securitization, making hard-to-sell money stuff more appealing in new markets. Lastly, we’ll analyze the Parag Parikh Flexi Cap Fund, a fund that aims to grow your money by investing in different things, and discuss the power of systematic investment plans (SIPs) in wealth creation over time.