APY largely caters to social security of India’s unorganized sector, offering them flexibility in terms of contributions. This means that one does n
The employees will have the flexibility to continue with the default scheme account, even if they switch to a different sector. What's more, the accou
As per PFRDA data dated 15th July, around 83.18% of enrolments under APY happened in the Rs 1,000 segment, which is the lowest slab. Only 10.62% of su
Off-late, pension funds have been trying to invest in asset classes with handsome returns and where these funds have never invested before.
Mohanty noted that guarantees come at a cost, albeit with relatively lower returns. Staying invested in markets for the long-term is bound to deliver