Looking at ways to enhance your business & career? Log onto streetsahead.in to upgrade yourself!
SUBSCRIBE NEWSLETTER
Tutorials Tools you can use on Cafemutual

Tools you can use on Cafemutual

Let us discover which Cafemutual tools you can use to grow your business.
Shreeta Rege Apr 27, 2018

Most of you visit Cafemutual for your daily dose of mutual fund news and inspiring advisor stories. Yet, many of you may not be aware that neatly tucked in a corner of the website under tab ‘AMC forms & tools’ are some cool financial tools which you may find useful.

Let us peek into this corner and understand how you can use these tools in your business.

The various financial utilities offered by the website are bifurcated under two tabs – 1. Fund Performance, Comparisons and NAV and 2. Financial Calculators and SIP Calculators:  

1. Fund Performance, Comparisons and NAV

This tab contains scheme related financial information.

a) MF Performance

Lists the performance of different categories of funds on 6-month, 1-year and 3-year basis. By default schemes are sorted basis their 6-month performance. However, you can sort schemes basis their 1-year or 3-year performance by clicking on the respective column header.

b) Compare Funds

You can compare funds from multiple fund houses basis their 1-day, 1-month, 3-month, 6-month, 1-year, 3-yearperformance using this function.

c) Compare SIP Return

This is a SIP calculator. You can calculate the SIP returns of any fund where the SIP start date is on or after January 1, 2008.

d) Get NAV

This option displays the selected scheme’s NAV on or after January 1, 2009.

2. Financial Calculators and SIP Calculators

This tab contains personal finance calculators for helping your clients ascertain ‘how much to save’ based on their goals.

a) Power of compounding lumpsum

This calculator demonstrates the growth in investment due to the power of compounding over the long term. You can share this calculator with your clients so that they can understand three concepts:

  • How compounding helps your investments grow
  • Why the rate of return on investment matters
  • How the impact of compounding multiplies as investment period increases

b) Power of compounding recurring/SIP

This calculator demonstrates how investing a small amount regularly will help your clients build a sizeable corpus over the long term.

c) Goal based calculator

This is a goal based investment tool. Through the tool, you can help clients understand the minimum amount that they need to save and invest regularly to achieve the target corpus of Rs. 1 crore.

 

Click to clap
0 Comment
Be the first to comment.
Wish to stay on top of your game? Get daily tips, ideas and articles to grow your business.
Subscribe to Cafemutual Newsletter.