-
SIP is the most popular way of investing in mutual funds, and the biggest advantage is that even those with lower incomes can invest in mutual funds through it
-
What is gratuity? What are the gratuity provisions available for employees in the private sector? How is the amount of gratuity determined? When is tax applicable on gratuity? Let's understand.
-
According to the Association of Mutual Funds in India or (AMFI), there are approximately 8.2 crore SIP accounts in the country, investors are investing in various mutual fund schemes through these folios.
-
The employees of central and state public sector undertakings, besides private sector employees, are referred to as corporate subscribers. These are mainly voluntary enrolments.
-
Have a safety net around yourself, the foundation of which lies in a comprehensive health insurance plan. If your family has a history of certain diseases like diabetes, cancer, be sure to take on additional riders for the same.
-
The NPS is run by the Pension Fund Regulatory and Development Authority. Both the subscriber and the employer contribute an equal amount to an individual’s account.
-
At present, 5 states namely Rajasthan, Chhattisgarh, Jharkhand, Punjab and Himachal Pradesh have gone back to the OPS model. Starting November, Rajasthan, Madhya Pradesh, Chattisgarh, Telangana and Mizoram are slated to go to polls.
-
86% of those enrolled in NPS felt far more confident about their retirement as compared to 74% of those who had not joined the NPS ecosystem
-
Corporate subscribers are largely voluntary, which means they can choose other investment alternatives. That they are choosing to put aside a part of their monthly income in NPS is testament to its rising popularity for retirement planning and long-term investing.
-
Off-late, pension funds have been trying to invest in asset classes with handsome returns and where these funds have never invested before.
