India is home to 130 billion people and as per estimates very soon 1 in every 5 will be above the age of 60 here. To bring more people under the ambit of a structured retirement scheme and provide better financial security to individuals in later age, PFRDA has made several announcements with respect to NPS, a primary product in the category through a virtual session held few days ago.
With 38 per cent growth in AUM and 23 per cent in number of subscribers, the awareness around retirement product National Pension System is growing. To make it more attractive among individuals and investors the pension regulator suggested key changes it is willing to make very soon.
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Tips to create wealth over long term by investing in mutual fund SIPs
Mutual fund has emerged as a popular investment option for meeting the longterm goals. The popularity of mutual funds is increasing day by day because of simplicity, transparency, and as a cost-effective tool to generate a high return compared to other investment options.
Investing in debt mutual funds: Things to consider before you invest in them
The interest rate has been falling creating a precarious situation for the senior citizens and retirees. Fixed-income investments are providing low yields and thus retirees are finding it difficult to manage their regular income needs.
01. Insurance sector has grown at a healthy 9.7% in 2020-21
Ask the Expert
Q Dear Sir, I am going to retire from my private company service after one year. I will not get any pension and my monthly expenses are expected to be around Rs. 50,000/-. How much retirement corpus I must accumulate to ensure that I am able to meet my expenses? -Ajay Sahni, Kanpur
MUTUAL FUND NEWS
01.Key officials in AMCs to get 20% salary in the form of MF units: SEBI
Health Insurance amid Covid-19: Know about plans, coverage, home care treatment and claim process
The Covid-19 pandemic in the country is having a big toll on the health and lives of the population. While it may too early to estimate the extent of damage to the economy, some of the impacts on personal finances may already be seen.
Should you bet on dividend yield funds?
One value-oriented mutual fund category that has made a comeback over the past year or so is dividend yield funds. The category has given investors an average return of 68.9 per cent over the past year.
Natural Ways To Prevent And Cure Diabetes
Diabetes is becoming an epidemic in India and everywhere. Diabetes is commonly known as the ‘high sugar’ problem. Currently, a fasting blood glucose (sugar) level of 126mg% or more is defined as diabetes. The blood glucose level is normally kept in range by a hormone called insulin, which is produced from the pancreas. Insulin controls blood glucose levels by allowing glucose to enter the cells so that it can be used as fuel by the body.
5 Mutual Fund Features To Help You Build A Robust Investment Portfolio
It has been a blockbuster performance of equity mutual funds in 2020-21. The return generated by most equity mutual fund schemes in the last 12-months has been nothing short of a spectacular performance.
How To Start Investing In Mutual Funds?
When you begin investing in mutual funds for the first time, you must take each step with a lot of care. Your initial experience must be pleasant so that you feel encouraged to keep on investing for your entire lifetime.