Old pension scheme versus NPS: Some key differences

In old pension scheme, subscribers used to get a minimum assured amount without having to contribute a dime, whereas in NPS — subscribers are meant to contribute for their future security. Read further to know more on the key differences between the two

3 investing lessons from Prashant Jain that helped him earn the cult status in mutual fund sector

According to mutual fund experts, Prashant Jain played his shots well just like Don Bradman who never missed the chance to hit the ball out of the ground. This allrounder in the mutual fund industry earned who overlooked a lakh crore of investments attributed his success to some basic strategies that most tend to ignore.

Your income tax benefits can be reversed; Here’s how

Applying for a deduction under section 80C of Income Tax may provide the taxpayer with various advantages, but it's important to remember that if the necessary circumstances aren't satisfied, benefits may be reversed. 

Global stocks: These two mutual funds give exposure to overseas markets

In this post, we are going to discuss two interesting schemes that were launched by DSP Mutual Fund & Kotak Mutual Fund offering exposure to selected sectors in overseas markets.

In this post, we are going to discuss two interesting schemes that were launched by DSP Mutual Fund &amp; Kotak Mutual Fund offering exposure to selected sectors in overseas markets.

ICICI Bank raises interest rates on fixed deposits (FDs)

On the day banking regulator raised repo rates by 50 basis points, ICICI Bank raised the FD rates. Read further to know more 

Home Loan EMIs: As repo rates continue their upward march, is this the time to prepay your loan?

RBI has increased interest rates further. This will directly impact your home loan EMIs. There's a way out. By prepayment, borrowers can avoid paying a higher rate of interest. This way, they can reduce their EMI amount or cut down on loan tenure.

6 investing lessons from fund manager Pankaj Tibrewal that stand the test of time

Some fund managers have proved their mettle with their performance. Their experience relies on their expertise in dealing with stocks. Pankaj Tibrewal is a name synonymous with success in the mutual fund space. Even a simple cursory look at how his funds have performed to date underscores his ability to earn beyond what the stock market indices offer. 

RBI Monetary Policy: Your home loan EMI is set to get costlier as RBI increases interest rates further

<ul><li>RBI Monetary Policy: Banks base their home loan interest rates on RBI's benchmark rates. When the RBI increases interest rates, banks also reset the interest rates. In today's update, since the RBI has revised the rates upwards, banks are likely to raise interest rates further, especially home loans.</li></ul>

Retirement planning: Health remains the predominant worry, survey shows

The report placed India's Retirement Index at 44 on a scale of 0 to 100, which is the degree to which Indians feel prepared for tomorrow’s retired life. In the study, 90% of respondents over the age of 50 expressed regret over not beginning to save for retirement sooner.

12% returns on ELSS funds in past 10 years outpace those of PPF and bank deposits

Investment returns have a lot to do with where you invest and for how long you stay invested. ELSS funds are actually equity-related instruments that help you to benefit by parking money in various equities and then earning from the market. No doubt, there is inherent volatility but the returns are worth the risk taken.

Business

Economy

Global Markets

India

Local Markets

Main

Latest

Top News

Personal  Finance

Markets

Deep Dive

Investing Mantras

Get best financial advice from leading experts on personal finance, retirement planning, savings, future planning, income tax & more at Mintgenie.

Top Personal Finance News

personal finance

Old pension scheme versus NPS: Some key differences

personal finance

personal finance

personal finance