The recent budget for the financial year 2012-2013 made a significant change in the Employees Provident Fund (EPF) by reducing the interest rate from 9.5% to 8.25%. One of the probable reasons disclosed and upsetting EPF holders was the deficit found in the PF accounts. What exactly happened? In the year 2010, Central Board of [...]

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National Stock Exchange (NSE) has widened its horizon with the launch of Future & Option contracts on FTSE 100. Financial times Stock Exchange (FTSE), is a UK based index series, representing the   performance of companies listed on London Stock Exchange. FTSE 100 is actually an index given by company, FTSE, which itself contains of 100 [...]

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We all, by one way or the other make investments. Some start doing from early stages of their life as soon as they start earning and some prefer investing after few years later. Well sooner you start investing, bigger will be corpus accumulated for your retirement. To quote a simple example, Mr. Ram starts investing [...]

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National Pension System (NPS) was introduced by Pension Fund Regulatory and Development Authority (PFRDA). PFRDA is the apex body recognized and established by government of India with an aim to promote and regulate the pension sector in India. NPS service is available to all Indian citizens from 1st May, 2009. PFRDA has introduced NPS-Lite with [...]

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Fixed Maturity Plans (FMPs) are mutual funds having a fixed period of maturity. They invest in fixed income instruments like, bonds, government securities, money market instruments, etc and some FMPs employ some portion of the corpus in equities. FMPs are less risky in comparison to other instruments like equities, debt funds, etc. Characteristics of Fixed [...]

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