National Savings Certificate (NSC) is a tax-saving investment scheme offered by the Government of India. It is considered a fixed income, secure, low-risk scheme and is available at all Post Offices in India. The scheme’s primary objective is to build savings for average and low-income earning individuals while providing them tax benefits. In this article, let’s explore NSC, its features, how to calculate it, and NSC interest rates.
SIP in Mutual Funds vs SIP in stocks: Which is better for you? Following this route, the investors would not need to time the market, invest through a regulated approach and protect themselves during volatile times while earning better returns. The information of rising COVID cases on the other hand brings the stock market downhill. In such an erratic mode of market conditions, doing a SIP is highly recommended. Gone are those days when roti, kapda and makaan were the basic requirements of human life. With major advancements in the 21st century, the internet and SIP (Systematic Investment Plan) have got into this new list of bare essentials. We often hear the Millenials promoting “SIP it, shut it, and forget it” rather than fostering “Buy low and sell high”. Because in their belief, timing the market is way too complicated, and in most cases, it never works. Volatility in recent months has tested the patience of the market participants. The pandemic was the major cause behind this an
‘End of an Era’ – The Big Bull Rakesh Jhunjhunwala Passes Away August 14, 2022, 11:30 am by Manish Thole I am saddened by the terrible news of the passing away of veteran investor, business magnate, and stock trader Shri Rakesh Jhunjhunwala this morning. May the departed soul rest in eternal peace and may Prabhu Mahaveer give strength to his family members and loved ones. Om Shanti The man who led many young minds to start up the trading journey!! Rakesh Jhunjhunwala’s life is a lesson that good health is the ultimate wealth. Because beyond a few crores, it is just a number. This covid lockdown created a new class of homebound traders, who are not doing any physical activity. A combination of a sedentary lifestyle plus lack of physical activity plus a stressed mind is a deadly combination. A few years ago for a new year once RJ was asked what his wish was. He said, Doctors had advised his movement and to give priority to his health. He admitted he was lazy, and somehow avoiding it
Best Index Funds in India To Invest in 2022 Last Updated on Aug 19, 2022, by Manish Thole Index funds are mutual funds, or Exchange-Traded Fund (ETF) with a portfolio curated to match or track the benchmark index, such as the Nifty 50. They follow a passive investing style, meaning they aim to maximize returns over the long run by not transacting often. Index funds are subject to the same risk as the securities in the index it tracks. Let’s explore the best index funds in India in 2022. Best index funds in India 2022 The following best index mutual funds are picked based on the following parameters: Plan: Growth AUM: Set to 1,500.00 to 57,832.00 Tracking Error: Sort from Low to High Note: The data presented here is of 19th August 2022. Name of the index fund AUM (Rs. in cr.) CAGR 3Y (%) Expense Ratio (%) Tracking Error (%) SBI Nifty Index Fund 2,416.93 18.31 0.18 0.03 UTI Nifty 50 Index Fund 7,941.05 18.59 0.21 0.03 HDFC Index Fund-S&P BSE Sensex 3,390.39 18.18 0.20 0.04 HDFC
Comments
Post a Comment