While the Systematic Investment Plan (SIP) has become the most popular option for investing in stock funds, investors are often confused about the ideal pattern for long-term growth. Equity-oriented or growth mutual funds come in three varieties: large-cap, mid-cap, and small-cap. A recent report suggests that the small and mid-cap segments (SMIDs) could offer many …
Pension fund body EPFO voted on Monday to allow the deduction of accruals in the Employees’ Retirement Plan 1995 (EPS-95) for subscribers with less than six months of service remaining. Currently, members of the workers’ provident fund (EPFO) with less than six months seniority in the company only have the right to withdraw the balances …
Every year during Diwali, rumors grow as EPFO (Employee Provident Fund Organization) subscribers get their interest from the previous year credited to their EPF accounts. This year was no different. It is designed to help employees build retirement capital by deducting 12% of their base salary each month, and is popular for the guaranteed returns …
As of February 1, 2022, international investment funds will be able to reinvest in shares of companies listed abroad to the extent of the redemptions and therefore sales of foreign shares that have suffered these systems. These foreign investment limits came into effect on February 1, 2022, and since the limits were not raised, most …
For talented students in India, various scholarship packages are available in undergraduate, postgraduate, and master’s programs at foreign universities. This allows students to access amazing educational opportunities. However, the competition for these scholarships is fierce and you must start the process at least a year in advance to qualify. Scholarships can be 100% or even …
By the way, the monsoon season is not considered the best time to buy a house or property. With mortgage lending rates rising, and indeed in general, many homebuyers who were on the fence now face a dilemma: it’s now or never. Here are some things to keep in mind when looking for an apartment. …
The central government budget deficit stood at Rs 3.52 lakh crore from April to June, 21.2 percent of the full-year target, according to data released by the Comptroller General on July 29. The budget deficit in the first three months of FY22 was Rs 2.74 crore. This means that the budget deficit for the first …
“Kids and family should be my priority, not my personal investments. … “Women are not good with numbers” … “Investments and taxes are too complicated for women to understand” … You would hear people, including some women, repeat those lines over the years. This is despite the fact that women carefully follow their financial plans …