MIRA Money
Data has proven that Index funds provide the best consistent returns to an investor over the medium to long term. It is also a well established fact that asset allocation drives 90% of the returns in any portfolio. We at MIRA MONEY™ have developed a stratergy RAPID (Risk Adjusted Portfolio
Index Funds
Equity index funds are one of the best assets to invest for long term wealth creation for the following reasons: 1. Index funds are composed of the most Valuable Companies in India 2. Free from Fund Manager's Bias and Emotional Investment mistakes 3. Lower Expenses, 80% lower, resulting in Better
The MIRA Money platform : 1. Invests only in Index Funds & platinum grade debt funds (govt sec sovereign bonds) 2. Allocates, rebalances and actively monitors portfolios of all sizes 3. Empowers individuals to plan their investments as per their short, medium and long term financial objectives 4. Brings every investor a
Support and secure your child’s career aspirations. Give wings to your child’s dreams. Education costs have mounted by 10% to 12% in India between 2012-20. The total expense of schooling a child in a private school in India is approximately Rs. 30 lakhs. The average cost of higher
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Give yourself the gift of an enriched retirement. Invest ahead of time and make a smooth transition into your retirement years 67% of retired individuals in India continue to work to make ends meet and every 7 out of 10 adults rely on their kids post retirement. The data points
Medical emergencies do not come with a warning, but do take us by surprise each time. Thus, the saying “it is better to be safe than sorry” is relevant than ever in today’s times. With the sudden outbreak of COVID-19 pandemic, a vast majority was physically and financially unprepared,
Owning a house is everyone’s dream. Besides offering a sense of financial security, it also gives a feeling of freedom and pride. Many people take decades to fulfill this dream, while some manage to take the risk plunge early on in life. But the idiom, the sooner you start,
Target Maturity Debt fund is where I invest my no-risk portion of the portfolio, not in bank FDs. This is my way of ensuring I earn better than FD returns with lesser risk and excellent tax benefits Products like Target Maturity debt funds are godsend for taxpayers. Here are some
Index Funds
No they don’t. Because saving instruments like savings bank accounts or PPF give returns that fail to withstand inflation in the long run. The inflation rate we come across in the news is not what we experience on a day-to-day basis. Though the numbers released by the government indicate
Artificial Intelligence (AI) has had a profound impact on the financial services industry. From insurance and investment banking to wealth management and treasury – the applications of AI have been wide-ranging. With the advent of the AI-powered chatbot – ChatGPT, a host of new opportunities (and some setbacks) are queued up. Read
Debt Funds
HNIs contribute about 58% to India’s GDP. Approximately 30% of the Indian HNI population are based in metro cities of Mumbai and Delhi. It’s a known fact that for decades, HNIs have relied on a mix of debt and equity investments for building their wealth. But of late,
With growing volatility and declining investment opportunities in India, the significance of investing in foreign currency assets is gaining popularity. The Liberalised Remittance Scheme (LRS) of the RBI enables resident Indians to remit up to $250,000 or its equivalent abroad in the form of debt instruments, ETFs, mutual funds,