29-Sep-2024: Debt fund of funds (FOF)
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18-Sep-2024: Children plan: NPS Vatsalya
Some articles Moneycontrol Economic Times Need more information on withdrawal policy. Extract from: Original article Finance Minister Nirmala Sitharaman on Wednesday launched the NPS Vatsalya scheme, which will allow parents to save for their children’s future by investing in a pension account. Parents can subscribe to NPS Vatsalya online or visiting a bank or post office. The minimum contribution to open Vatsalya account is Rs 1,000. Subscribers will have to contribute Rs 1,000 annually thereafter. The guidelines for withdrawal from NPS accounts are being finalised. Launching the scheme, Sitharaman said NPS has generated very competitive returns and offers the option to people to save while ensuring future income. NPS has generated 14 per cent, 9.1 per cent, and 8.8 per cent returns for investments in equity, corporate debt and G-Secs, respectively, Sitharaman said. Financial Services Secretary Nagaraju Maddirala said the government will be receptive of subscriber feedback and im...
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Gold 16-Sep-2024: Gold - new interest due to tax changes Mutual funds 14-Sep-2024: Growth/Quality investments do better than Value investing 06-Sep-2024: Momentum Mutual Funds 06-Sep-2024: Fund of Funds (FoF) - better tax treatment
