NPS (National Pension System / New Pension Scheme) was launched by Govt of India to extend pension benefits to all Indian Citizens. It was launched in January 2004 for Central Government Employees and the employees of some State Governments to invest in NPS Scheme. However, in 2009, it was opened to all sections. Pension Fund Regulatory and Development Authority (PFRDA) is the … [Read more...]
Archives for April 2018
How to Become Rich – 4 Actionable Steps
If you want to know How to Become Rich, I can just help you to learn the right mindset you need to have and the path you need to follow. If you want to join the rich men's club, mere savings and pay hike doesn't make you rich. You need to invest your savings in one or the other asset class so as to beat the inflation. Inflation can you make you poor if you don't handle it … [Read more...]
How to Become Crorepati – 3 Rules to Build Portfolio
Even though converting monthly savings of few thousand rupees into one crore rupees looks like a difficult task, starting early and having the right approach make it doable. If you want to know how to become crorepati overnight, I have no solution for your problem. If you have some time frame, then it is achievable by investing your monthly savings. First, I will explain few … [Read more...]
How to Start Investing in Mutual Funds
If you are new to Investing in Mutual Funds, then this article is for you. I will help you to learn the basics of Mutual Funds and help you to start investing in mutual funds. What are Mutual Funds? Mutual Funds can be defined as an investment vehicle which will collect money from a large number of people (or investors) and invest in securities such as stocks, bonds, … [Read more...]