THIS SOFTWARE WORKS ON FIREFOX / GOOGLE CHROME / does not work in IE

1. Inflapro is the calculation for method of inflation protected return on Investment
2. It provides periodical payout on FD or pension on a Principal amount at increased value to the extent of inflation protection compared to the previous year same period
3. For example if the principal is Rs. 100000 and interest rate is 8% pa compounded annually then in a conventional method one gets equal amount of rs. 8000 per year. In inflapro method depending on inflation protection level and other parameters one may get around 5000 in first year 5500 in second year and so on
4. This site https://bnvenkat.com provides a chart of dozen schemes equivalent to one type of conventional method of pay out.
5. There is another site https://bnv.bvraghav.com/projects/pension/bnv wherein for each of dozen options other custom parameters one can use the provided calculator and workout detailed statements with audit proof calculatations with brought forward and carry over figures and the periodical interest posting and payouts

ADDITIONAL NOTES ON ABOVE

1. Inflapro calculation is precisely for finding the starting payment/repayment/pension etc as the case may be.
   • The remaining part of the calculations are derivates and can be achieved with simple calculatot or Spread sheet in computer.
   • This part of finding out the starting payout is done in little secured code of Php which is activated by an Ajax procedure.
   • Plenty of calculations are provided without login requirement and some samples for default parameters are automatically filling up login particulars wherever it is required in custom menu.
   • These pages are tutorials for understanding what is inflapro, therfore no login is required to fill up the custom menu in these pages especially page 3, 4 and 5
2. • The minimum input parameters are principal, term in years, rate of interest, rate of inflation protection.
   Other parameters are moratorium period in years, return of principal at end of term (yes/no), if yes the corresponding further payout as percentage of last payout. Type of loan, such as Education loan (yes/no), Immediate payout option.(yes/no). These are already discussed in page 3.html and page 4.html.
   The site bnv.bvraghav.com with Inflapro, also giving a project report was developed as early as 2010 and being modified from time to time. This site bnvenkat.com was started in the year 2013 and updated from time to time, whereever possible.
3. Technical: Yet these sites contain a few depreciated and even deleted items of the browsers, javascript, php(nil deltion only updation), Mysql database and JQuery(nil but updation). This problem of updation is being done regularly, yet there are some technical issues with a procedure called ajax for concurrent processing, while the pages are loaded and made ready. So one requres to click the same unprocessed submissions again for the second time in google chrome, whereas this software in both sites work excellently in Firefox, since 2010 itself. Where as Google chrome versions after 2018 is working satisfactorily. In printing pages, there was a problem in google chrome in starting in fresh page, which is fixed by google chrome in 2018 and now both firfox and google chrome gives identical performance.
4. Banking procudues use quarterly compounding of interest (for education loan and other normal loans), but for whereever EMI is involved in which case it is monthly compounding for deriving out EMI. In my software Education loan requires quarterly rate as per annum and in other custom menus one has to caluculate interest as per the given frequency, monthly/quarterly/ half yearly or annual. In FD applicatin at bnv.bvraghav calculation, even weekly frequency is added up. Education loan of 10.5% quarterly works out to 10.92072% Therefore, in education loan cuatom menu one has to enter 10.5 as the rate of interest, and in other custom menu if frequency is selected annual 10.92072% has to be entered to get identical reaults.
5. In the site, bnv.bvraghav dot com provisions are there for loan, pension, FD and RD. The FD calculations require starting calendar date, and calculations are done for proper quarterly ending periods.
6. The site bnvenkat dot com gives applications based on the principle of loan, pension, preference share, MF, insurance commission, Insureance, Insurance commission, compensation for Farm land acquisition applications. All cusom menus require login with email id but for sample calculations at a click.

More NOTES ON Software and INVESTMENTS

• The site bnvenkat dot com gives 12 options of inflapro calculation which are all equivalent. Whereas the other site gives single option out of these 12 at a time.
• The various inflapro options had been discussed in page 2, 4 and 5 .html
• About BN Venkataraman: BNV is simply and individual and not connected with any financial or other institution, nor an investment consultant.
• The inflation and interest earnings in India can be discussed from the personal experience of BNV.
• As per my experience the inflation for the last 60 years period are as follows:
  • Food items : around 6%
    Gold : 11%
    Salary in organised sector: over 11%
    Auto mobile and others: 10%
    Cost of living in general: around 10%
  • Earnings from Share market: overall in my fortfolio for last 15 years is: 8%
    But special mention has to be done by HeroHonda wherin I got allotment at primary market. The return is over 16% considering from the start in 1983. If one considers the period from dividend declaring year of 1991 onwards, it is of the order of 22%.
    The other Fortfolios doing well are Infosys and Reliance which I, acquired from open market, So the percentage will not be substantial.
    Banking sector performance is fluctuating.
    While doing regular trading during 2005 to 2012 periods, my earnings are around 14% since then I fell prey to market conditions regarding companies like Satyam and GMR, so my overall earnings is only 8% as of now.
    The market apreciation on Hero honda also very high and stands at 35%
    I had to exit share market investments due to patches in my life.
    Mutual funds are quite reliable and my earning were of the order of 18% during peak periods and now still it is more than 12%
    Unit linked insurance : 10%
    Other insurance (all matured) : less than 4%
    Pension plans of ICICI: 12% consistently till maturity.
    Pension plans from HDFC and others: negative percentage. i.e. utter loss
    bank FDs, 8.75% in past, but now-a-days less than 7%
    PMVVY (LICs Viya vandana): 8% monthly or 8.3% annual.
    From company FDs and private company FDs: around 12%, and so far no loss of principal
    I do not possess any landed property and could not comment on rent and other income.
    I am a tiny miniscule investor and one may not take my performance as any standard. But it is only for general information
    
  • Therefore inflation protection needed is 10% whereas, good investments in overall gives only 8%. As the inflation rate is higher than the return from investments, one gets less purchaing power in long run. However we can protect ourselves with inflaion protection with my Inflapro calculation for a particular period of time and face the less purchasing power at the end of the term. Without periodical return if one wants Cumulatives on FDs of lower interest rate than 10% inflation, one is bound to lose against inflation with less purchasing capacity.
  • The Software providers update their software quite often and it is quite difficult to maintain these sort of old programs, espcially, single manned programs without proper documentaion and also due to old age. Yet try my best.
  • Please remember that the rates of interest/inflation have exponential behaviour the n-times can be seen below.
    

    Effect of Interest or inflation % Vs Growth
    intt /infla % ->	@ 6%	@ 8%	@ 10%	@ 11%	@ 12%	@ 16%
    growth in a span of 20 years	3.2 times	4.66 times	6.73 times	8.06 times	9.65 times	17.46 times
    intt /infla % ->	@ 6%	@ 8%	@ 10%	@ 11%	@ 12%	@ 16%
    growth in a span of 70 years	59.08 times	218.61 times	789.75 times	1488 times	2,788 times	32,518 times

  • Therefore effect of any inflation over 10% is terrible.
  • In developed contries the inflation is well below 4% and in US we had even seen -ve inflation (defaltion) in recent times. My aim is if inflation is not controllable, then atleast we can have inflation protection from our own investments at least for a good span of time. Good span for 20 years man is 70 years.
  • More about applications of inflapro and benefits to follow in next web pages and also on who can effectively implement. B N Venkataraman dated: 06-02-2020.

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