All modules

Module 1 · Beginner

Mutual Fund Foundations

From why you should invest to how funds are built, costed, measured and taxed.

Start module0 of 12 chapters completed
  1. Chapter 1

    Why invest at all? Inflation and the cost of waiting

    Money sitting idle loses purchasing power every year. See what inflation does to ₹1 lakh.

  2. Chapter 2

    The power of compounding and the SIP

    Why time matters more than the amount, and how a monthly SIP turns small sums into large ones.

  3. Chapter 3

    What is a mutual fund, and who keeps it honest?

    How pooled money is managed, and the structure and regulator that protect it.

  4. Chapter 4

    NAV and units: how your investment is counted

    What the NAV really is, why a low NAV is not a bargain, and how units are allotted.

  5. Chapter 5

    How to read a mutual fund factsheet

    The one-page monthly document every fund publishes, and what each part tells you.

  6. Chapter 6

    Equity funds: large, mid, small and everything between

    How equity funds are categorised and what each category is built to do.

  7. Chapter 7

    Debt funds: stability, with risks you should know

    How debt funds earn, what drives their prices, and the two main risks.

  8. Chapter 8

    Index funds and ETFs: the passive route

    What tracking an index means, and when passive investing makes sense.

  9. Chapter 9

    Costs: expense ratio, exit load, direct and regular plans

    The fees that quietly shape your long-term return, and the difference between plan types.

  10. Chapter 10

    Measuring returns: CAGR, XIRR and rolling returns

    Why a headline return can mislead, and the right measure for lump sums and SIPs.

  11. Chapter 11

    Risk metrics: standard deviation, beta and the Sharpe ratio

    Three numbers that describe how bumpy a fund's ride has been, and what they leave out.

  12. Chapter 12

    How mutual fund gains are taxed

    Equity versus debt, short term versus long term, and how to think about tax without letting it drive every decision.