Planning to invest in the Public Provident Fund (PPF) this financial year? Then aim to do it by April 5. While the investment limit and lock-in period stay the same, the interest benefit changes based on when you invest. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty […]
PPF nomination update: No charges for modifying nominees, says FM – CNBC TV18
Finance Minister Nirmala Sitharaman announced that financial institutions can no longer charge fees for updating or modifying nominee details in Public Provident Fund (PPF) accounts. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty 50 Index Fund +32.80% Invest Now Equity: Large Cap 0.12% Axis Nifty 100 Index […]
PPF vs NPS: Which retirement scheme is better and for whom – CNBC TV18
The prospect of retirement can be daunting for many employees, but it is important to approach it with a proactive and informed mindset, focusing on financial planning. With correct planning and the right investment, there is nothing to be anxious about. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio […]
How to make your monthly investment plans – CNBC TV18
Investment is an act of putting your present capital into stocks, schemes or other avenues to make your future financially better. There are multiple investment options to choose from. They vary depending on your requirements and risk profile. If you don’t have a large sum of money, you can also go for monthly investment schemes. […]
RBI rate cut expected to benefit government fiscal but reduce returns for savers – CNBC TV18
The government’s borrowing costs are set to soften following the Reserve Bank of India’s (RBI) anticipated rate cut, government officials said. Somewhat lower interest rates are also likely for small savings schemes and bank deposits, as and how the savings instruments come up for renewals or a rate revision, officials indicate. Company Value Change %Change […]
What is Public Provident Fund? All you need to know about the savings scheme – CNBC TV18
The Public Provident Fund or PPF is a popular government-backed savings scheme among investors in India. The long-term savings scheme is recognised for its attractiveness to investors. It provides stability, competitive interest rates and tax breaks, making it an invaluable tool for anyone looking to establish a secure financial future. Index Fund Corner Sponsored Scheme […]
PPF rates have been stable for over 4 years: How its returns compare to FDs and SGBs – CNBC TV18
The Public Provident Fund (PPF) has long been a trusted option for risk-averse investors seeking steady, tax-free returns. However, with a low interest rate of 7.1% and competition from higher-return alternatives like National Pension System (NPS) and Sovereign Gold Bond (SGB) scheme, is the PPF losing its appeal? Index Fund Corner Sponsored Scheme Name 1-Year […]
Income tax saving strategies: Key investment plans to consider – CNBC TV18
As 2024 comes to a close, it’s an ideal time to review your financial decisions and investment strategies. Choosing the right investment avenues not only provides financial security for the future but also helps reduce your tax liabilities. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty 50 […]
These fixed income options provide the safety you need: Fixed Deposit, Public Provident Fund, and more – CNBC TV18
SUMMARY Some popular fixed income investment options include Fixed Deposit, Public Provident Fund, RBI Floating Rate Savings Bonds, among others. 1 / 6 Bank Fixed Deposits (FDs) are one of the most popular investment options, especially for seniors. They offer fixed returns based on the interest rate set by banks, which can vary. Bank deposits […]
Government clarifies new PPF rules amid misinterpretations – CNBC TV18
In response to various misinterpretations circulating on social media, government sources have clarified the recent changes regarding the Public Provident Fund (PPF) rules. The clarification addresses concerns stemming from a small savings circular that has sparked confusion among the public, particularly on platforms like Twitter. Officials emphasize that PPF accounts opened for minors without a […]