Funds
What is rupee cost averaging?
Investing a fixed amount regularly so you buy more when prices are low.
Explained in more detail
Because the amount is fixed and the price moves, your money automatically buys more units when the market is down and fewer when it is up. It does not guarantee a profit. It removes the need to guess the right moment.
An example
For instance₹5,000 a month buys 100 units at ₹50 and 125 units at ₹40.
Why this matters to you
You will meet this word in broker apps, company results and market news. Knowing what it means is not the goal on its own. The goal is being able to judge whether a number is good or bad for the investment you are actually holding.
On AlphaVik, any time rupee cost averaging appears in a view or a lesson, you can hover or tap the word and this explanation comes with it. You never have to leave the page to look something up.