BWI: Innovative Tool from Rediff.com Enables Users to Benchmark Returns on Investments

Press release from Business Wire India
Source: Rediff.com India Ltd
Tuesday, December 09, 2008 01:06 PM IST (07:36 AM GMT)
Editors: General: Consumer interest; Business: Banking & financial services, Business services, Financial Analyst, Information technology, Media & entertainment; Technology
Release no: 18696
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Innovative Tool from Rediff.com Enables Users to Benchmark Returns on Investments


Mumbai, Maharashtra, India, Tuesday, December 09, 2008 -- (Business Wire India) -- Rediff MoneyWiz, the fast-growing, personal finance service from Rediff.com (NASDAQ: REDF), has unveiled the 'What If You Had Invested' feature that helps users compare returns from stocks and mutual funds with a broad range of investment options over the past one year.

Returns from investments in specific Indian stocks or mutual funds may be gauged and benchmarked with Indian stock indices as well as comparable returns from gold, silver, and bank deposits. Results are displayed in graphical form.

"This innovative tool will permit Rediff MoneyWiz users not only to compare returns from their existing investments but also to use these insights to plan future investment strategies" said Venki Nishtala, CTO, Rediff.com.

The "What If You Had Invested" tool can be found on Rediff MoneyWiz at: http://money.rediff.com/tools/whatif/

About Rediff MoneyWiz

Rediff MoneyWiz, the personal finance service from Rediff.com equips users with tools and information - in the form of graphs, charts, advice from independent experts, and more - to stay up-to-date and make informed decisions.

Visit Rediff MoneyWiz at: http://money.rediff.com/

About Rediff.com

Rediff.com (Nasdaq: REDF) is one of the premier worldwide online providers of news, information, communication, entertainment and shopping service.

Rediff.com provides a platform for Indians worldwide to connect with one another online. Rediff.com is committed to offering a personalized and secure user experience. Founded in 1996, Rediff.com is headquartered in Mumbai, India, with offices in New Delhi, Bangalore, Chennai, Hyderabad and New York, USA.




CONTACT DETAILS
Mandar Narvekar, Rediff.com India Ltd, +91 (022) 24449144, mandarn@rediff.co.in

KEYWORDS
CONSUMER, BANKING, BUSINESS SERVICES, Financial Analyst, IT, MEDIA, TECHNOLOGY

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