In economics, Inflation is defined as the rate at which the general level of prices for goods and services is rising and, consequently, the purchasing power of currency is falling. Given here is the Taurus Inflation Formula to calculate for the Inflation Rate of a policy deposited under Taurus Mutual Funds. The Inflation rate affects different people in different ways. Some would be benefiting from its effects at the expense of some who lose out.
The inflation also depends on whether changes to the rate of inflation are anticipated or unanticipated. Taurus mutual funds inflation formula is developed at the future cost at the end of the tenure.