News on Medial

Stop using CAGR to measure your investment returns. Experts say there is a better way.

Money ControlMoney Control · 10m ago
Stop using CAGR to measure your investment returns. Experts say there is a better way.
Medial

A recent analysis by Dezerv's Wealth Monitor app reveals that approximately 63% of Indian investors' portfolios are underperforming the market benchmarks, resulting in missed gains of over Rs 3,500 crores. The study attributes this underperformance to factors such as an overreliance on simple metrics like CAGR, poor asset allocation, and failure to rebalance portfolios based on market changes. Wealth Monitor differentiates itself by using Extended Internal Rate of Return (XIRR) instead of CAGR to assess performance against market benchmarks. The app aims to assist investors by identifying underperforming funds and calculating missed gains. Additionally, the app will soon extend its features to track the XIRR of stock portfolios as well.

Related News

Trade Spotlight: How should you trade SBI Life, Max Financial Services, BEML, Asahi India Glass, City Union Bank, and others on Muhurat trading day?

Money ControlMoney Control · 8m ago
Trade Spotlight: How should you trade SBI Life, Max Financial Services, BEML, Asahi India Glass, City Union Bank, and others on Muhurat trading day?
Medial

Here are some top buy ideas for Muhurat Trading Day: 1. Asahi India Glass: Recently broke out of a descending parallel channel with strong volume, indicating a continuation of its bullish trend. Target: Rs 825. Stop-Loss: Rs 715. 2. Vedant Fashions: Currently in a long-term uptrend after breaking out of a consolidation range. Target: Rs 1,540. Stop-Loss: Rs 1,335. 3. BEML: Consolidating within a wide range, showing potential for a breakout. Target: Rs 4,490. Stop-Loss: Rs 3,880. 4. City Union Bank: Retesting its breakout with high buying volumes, confirming a potential upward move. Target: Rs 187. Stop-Loss: Rs 170. 5. Laurus Labs: Broke out of a double bottom pattern with significant buying. Target: Rs 518. Stop-Loss: Rs 478. 6. Max Financial Services: In a strong uptrend, respecting its 50-day EMA. MACD indicator suggests further bullish movement. Target: Rs 1,350. Stop-Loss: Rs 1,250. 7. IRB Infrastructure Developers: Expected to break out from its rangebound formation for an upward move. Target: Rs 56. Stop-Loss: Rs 49. 8. SBI Life Insurance Company: Witnessed profit booking, but found support near important retracement zone. Revival of uptrend expected. Target: Rs 1,730. Stop-Loss: Rs 1,560. 9. Punjab National Bank: In oversold territory near its demand area, suggesting a rebound and upward move. Target: Rs 106. Stop-Loss: Rs 93. Disclaimer: These are the views of investment experts and it is recommended to consult certified experts before making any investment decisions.

Download the medial app to read full posts, comements and news.