National Pension is one of the popular tax-saving schemes. In this post we look at various NPS Calculator and how NPS calculators work.
National Pension scheme calculator works on the below few factors:
- Amount of contribution made
- Rate of return as prescribed by government for that given period of time.
So we will discuss now how each of these factors affect NPS calculation.
- Age of the interested investor: Any contribution made under NPS scheme can be withdrawn only when the
Monthly Income Plan or MIP as the name suggest is an investment strategy in which major part of the capital is invested in debt fund&money market instrument ( around 70-80%) to generate interest income which is given to investors in form of dividend and rest is invested in equity stocks (15-30%). MIPs are subject to volatility but the risk of downside is lesser. In this post, we look at best MIP mutual funds to
SIP is a way to invest into ELSS or other mutual funds in a recurring way. In this post we look at various aspects of investing into ELSS via SIP mode.
A systematic investment plan (SIP) is a small and easy method to invest one’s money in mutual fund schemes. SIP is very much similar to recurring deposit scheme wherein an investor invests small amount of money on regular basis. The SIP scheme helps an individual investor to
Updated on 11th of July 2017
SBI Mutual Fund is one of the biggest mutual fund houses in India. SBI AMC( asset management company). It has approximately 158 thousand crores of assets under management and runs 615 different mutual fund schemes.SBI Mutual Fund has schemes across equity, debt ( short term, long term), money market etc. SBI Mutual fund factsheet captures monthly performance of all SBI mutual fund schemes
Introduction to SBI Mutual funds
Fixed deposit comes first to the mind, when we are talking about reliable and safe investment options. In India, fixed deposits have been a favorite of the investors due to reliability of the return and the fact that it can be easily opened in any bank or post office and provides better returns than savings account. In this post, we have a look at fixed deposit interest rates in various banks across India
PPF (Public provident fund) holds an iconic status as far as saving/investment options are concerned but in recent years interest rates on PPF investments have been declining steadily latest interest rates on PPF is 7.9 % for Q1 2017-2018. Interest rates on PPF now trail yields on government securities and hence will always stay in line with interest rates on other saving rates in market.
The graph below shows how interest rates have moved for your
Gilt Funds in India: Meaning, Advantages and Disadvantages
Gilt Funds are the category of mutual which plant it’s all money in the government-affiliated securities. So the basic attribute attached to the Gilt funds is that they purely under the shadow of government bonds which makes it virtually risk-free. Accordingly, they are mainly for the hesitant and traditionalist investors who always seem to be suspecting the stock market
Equity Linked Savings Scheme (ELSS)
Equity Linked Savings Scheme (ELSS) is an open-ended equity mutual fund plan. Explaining ELSS in simple words would be that it is an investment alternative in the equity market which has its mainstream of the corpus invested in the Equity block in its portfolio. At the outset, ELSS is a category of Mutual Fund, especially recommended to the new-bee investors of the stock market who
Equity Link Savings Scheme is a kind of equity mutual fund that qualifies for tax exemption under section 80C of Income Tax. This post discusses various ELSS options that investors have for investing.
- ELSS has the lock-in period of 3 years which is lowest among other options available like PPF or tax saving fixed deposit or national saving certificate.
- The returns in ELSS is comparatively higher as compared to other tax