Fri, Nov 22, 2024
Retirement Corpus: Retirement planning is an important goal, where one can invest monthly or lump sum and create a corpus that can help meet various financial needs post retirement.
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SIP+SWP For Retirement Corpus: The combination of systematic investment plan (SIP) and systematic withdrawal plan (SWP) can be used for effective retirement planning. Through expert calculations, know how one can generate Rs 2.15 lakh monthly income by using both mutual fund investment methods.
Thu, Nov 21, 2024
To experience the power of compounding, one must start investing early and they would be able to gather a large sum at the retirement age. Here, we will understand how many years it will take to build a corpus of Rs 8 crore with Rs 10,000, Rs 12,000, and Rs 15,000 in a monthly systematic investment plan (SIP).
Wed, Oct 16, 2024
From Rs 17,000 monthly SIP to Rs 11 cr Retirement Corpus: Building a retirement corpus that can fulfil your retirement requirements is a slow and steady process. Those who start investing early are likely to have an edge as they will get more years for compounding compared to someone who start their investment journey late.
Mon, Oct 14, 2024
EPF Maturity Calculator: Employees' Provident Fund (EPF) is a retirement scheme where the invested amount up to Rs 1.50 lakh in a financial year, the interest earned, and the maturity amount are tax-free. The EPF subscriber can contribute to their EPF account up to the age of 60 years.
Wed, Oct 09, 2024
NPS vs EPF Retirement Corpus Calculator: NPS is a market-linked retirement scheme where, while EPF offers 8.25 per cent interest rate. An NPS Tier I account offers tax benefits, while contributions in EPF also offers tax relaxation under Section 80C of the Income Tax Act, 1961.
Mon, Oct 07, 2024
EPF Retirement Corpus Calculation: Employees' Provident Fund (EPF) is a retirement scheme for private sector employees to help them build a retirement corpus through monthly contributions to their EPF account. If they start contributing in their mid-20s or early 30s and do it for a long time, they can create a large, tax-free fund.
Sat, Oct 05, 2024
Power of Compounding: Returns that an investor gets on their investment may not appear to be significant in the short term, but when they compound over the years, they can help one create a much larger corpus compared to someone who gets slightly lesser returns.
Fri, Oct 04, 2024
NPS Vatsalya Calculator: Indian citizens, non-resident Indians, and Overseas Citizens of India are eligible for the NPS Vatsalya account. Parents/guardians can open the account on behalf of minors. The minor will get a Permanent Retirement Account Number (PRAN) and the account will also be in their name.
Thu, Oct 03, 2024
Retirement Planning: When you talk about retirement planning, you need to focus on 3 factors- how much lump sum amount you need at retirement and how much monthly income you need after that, and the third factor is the inflation rate.
Wed, Oct 02, 2024
Top 6 NPS Mutual Funds With Best SIP Returns in 10 Years: Since the Nifty 50 has been on a roll for over a year, all NPS Tier I mutual funds have given over 34 per cent annualised return in 1 year. If we talk about the long term, even the lowest-performing fund (LIC Pension Fund) has given 13.20 per cent annualised return (CAGR), while the top performer (UTI Pension Fund) has given 14.50 per cent annualised return in the 10-year period.
Mon, Sep 30, 2024
EPF Retirement Corpus Calculation: In Employees' Provident Fund (EPF) scheme, the employee and the employer make a monthly contribution to the employee's EPF account. The employee can withdraw the amount at the retirement age of 58 years of age or under certain conditions. The retirement corpus accumulated thus is tax-free.
Wed, Sep 25, 2024
From Rs 10,000 monthly SIP to Rs 6 crore retirement corpus: In investments where you get compound growth, a long duration matters. If you stay in an investment for long, even modest returns and a low amount can help you generate a retirement corpus worth many crores.
NPS Vatsalya Calculator: In NPS Vatsalya scheme, parents/guardians of minors 0-18 years of age can invest. The account is opened in the name of the minor and they also get the Permanent Retirement Account Number (PRAN).
Fri, Sep 20, 2024
Compare NPS vs SIP to find out which investment plan generates a larger corpus with a Rs 15,000 monthly investment over 25 years. Discover returns, benefits, and maturity amounts for both options.
Thu, Sep 19, 2024
NPS Vatsalya vs NPS: Parents/guardians on behalf of minors/children in the 0-18 year age group can open an account. The account will be opened in the name of the minor, and a PRAN number will also be issued to him.
Wed, Sep 18, 2024
Retirement Planning: EPF is a retirement scheme where the employee of a private sector makes a monthly contribution to generate a retirement corpus. The minimum basic salary to get an EPF account should be Rs 15,000. Systematic Investment Plan (SIP) is a method to invest in a mutual fund scheme. In SIP, an investor invests a predetermined amount every month or investment cycle.
Mon, Sep 16, 2024
EPF Retirement Corpus Calculation: Employees' Provident Fund (EPF) is a retirement scheme where one can contribute monthly and build a corpus. One receives 8.25 per cent compound interest on their investments. If they start investing early, they can build a large corpus in the long run.
Wed, Sep 04, 2024
Imagine transforming a modest Rs 1000 monthly investment into a fortune of Rs 1 crore by the time you retire. This is possible with the powerful capability of Systematic Investment Plan (SIP). in this video we will Know how starting with as little as Rs 1000 per month can lead to financial freedom and worry-free.
From Rs 20,000 monthly SIP to Rs 15 crore retirement corpus: The mantra to create a huge retirement corpus is to beging your investment journey early in your career. It gives years of compounding and grow your investment fast.
Thu, Aug 29, 2024
Retirement Corpus: If you plan your retirement early in your life and start investing regularly, there are high chances for you to build a large corpus with a small monthly contribtuion.
If you invest Rs 5,000 a month in a scheme, where you get 12 per cent annualised growth for 15 years, your investment will be Rs 9,00,000, and the expected amount will be Rs 23,79,657. But if you invest Rs 15,000 a month 6 year and get 12 per cent annualised return on it, your investments will be Rs 10,80,000, but the expected amount will be Rs 15,54,038. Thus, Rs 1,80,000 less investment can help you get Rs 8,25,619 more because of staying 10 years extra in your investment.
Wed, Aug 28, 2024
Savings Calculator: If you save Rs 10 a day, your total savings in 1 year will be Rs 3,650. If you divide it by 12, in each month of the year, you can invest Rs 304.16.
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