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ELSS is an ideal way to save tax as well as create wealth.
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Esops have helped people build non-linear assets, not normally possible through salary income
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In an interview with Money9, TV Mohandas Pai, Chairman Manipal Global Education and former CFO NCHR at Infosys, talks about how equity culture is growing.
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Historically, retail investors in India were exposed to very limited options like gold, real estate, equities, mutual funds and fixed income products like bank FDs, Public Provident Fund (PPF) and bank RDs.
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Financial advisors are like doctors. Some are akin to general physicians, some are specialists. Choose the right financial advisor who will manage your financial health by understanding your goals and your constraints.
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Outbreak of coronavirus had a massive impact on the markets. Equity markets around the world took a huge hit due to the pandemic and its after effects. This has raised concerns among investors about their financial security and future investments. Following this concern, various alternate investment methods are back in the spotlight. Money 9 takes a […]
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Picture this – you are 15 and go to the ice cream store to buy your favorite orange ice candy. You know 10 ice-cream sticks can be bought for Rs 100 and take exactly that much with you. Fast forward 20 years – you decide to take your child to the same store to buy […]
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In personal finance, if you divide the number 72 by the rate of interest, you get to know the number of years it will take for you to double the money… Eg: if the rate of interest is 9%, simply divide the number 72 by 9% and the answer is 8. Thus it will take […]
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New Delhi: Total assets under management in government’s flagship social security schemes — National Pension System (NPS) and Atal Pension Yojana (APY) — stood at Rs 5,48,913 crore at end-December 2020, posting an year-on-year growth of 36.83%, according to PFRDA data. The assets under management stood at Rs 4,01,152 crore at end-December 2019. The Pension […]
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It’s a double whammy for small investors. The high inflation and low interest rate on fixed deposits are nibbling away at their savings. This is because, currently, bank deposits are giving the return as low as 5.5% while the inflation rate is as high as 7%. The real rate of return on FDs work out […]