Withdrawal rules of provident fund account Provident Fund is a product which helps salaried people to accumulate funds while they are earning for the period the income flow stops. So generally it is not supposed to be withdrawn before its maturity and jeopardise one’s retirement. However there are circumstances when resorting to the money accumulated […]
Equity mutual funds that have outperformed across the market cycles from long times The track record is widely used as the starting point to evaluate the performance of mutual funds. Generally, historical performance is measured across time periods, ranging from 1- 10 years and funds are ranked based on their performance over a defined period.
Investment options for post retirement needs There are Investment options for post retirement needs solely meant to take care of one’s post-retirement needs. Each of these products has their own unique features that you should be aware of. They come with certain tax benefits that come along either at the investing age or/and on maturity. […]
How to open post office time deposit scheme The post office time deposit is an alternative to the bank fixed deposits (FD) for those looking for fixed income. It is safer than an FD because the principal invested and interest earned are backed by the sovereign guarantee. Whereas for bank FDs, under the deposit insurance […]
Don’t be in a hurry to dump your midcap and smallcap schemes Investors in midcap and smallcap schemes are watching the carnage in mid- and smallcap stocks with a bit of concern. The S&P BSE mid- and small-cap indices have been in the negative territory since January. The S&P BSE SmallCap Index is down to […]
Top 10 investment options Most investors want to make investments in such a way that they get sky-high returns as fast as possible without the risk of losing the principal amount. And this is the reason why many investors are always on the lookout for top investment plans where they can double their money in […]
Recapitalization of Banks and its Implications Recently Government has announced the Recapitalization of Banks package of 2.11 lakh crores for public sector banks. The government of India (GOI) will infuse this fund into the Public Sector Banks (PSB) over the period of 2 years. We will understand what the recapitalization of the banks is and […]