Wealth Creation: Investing  ₹1 lakh in this mutual fund at its launch in 2007 would have grown to  ₹11 lakh; check how | Mint

Wealth Creation: Investing ₹1 lakh in this mutual fund at its launch in 2007 would have grown to ₹11 lakh; check how | Mint

Source: Live Mint One of the key investing mantras to ensure wealth creation is to stay invested in stocks and mutual funds over a long period of time. Wealth advisors often point out that compounding gives disproportionately higher returns on an investment. This means when you remain invested in an asset class over a long…

Read More
New NPS rule: Process NPS pension like OPS, pension accounting body tells authorities – key details | Mint

New NPS rule: Process NPS pension like OPS, pension accounting body tells authorities – key details | Mint

Source: Live Mint The Central Pension Accounting Office (CPAO) on March 12 issued instructions to all relevant authorities to stick to its new guidelines of processing NPS pension cases in the same manner as the Old Pension Scheme (OPS). Earlier, on December 18, 2023, the CPAO had issued guidelines to implement the method in order…

Read More
Best Mutual Funds: These flexi cap schemes gave over 15% CAGR return in the past 3 years. Check list here | Mint

Best Mutual Funds: These flexi cap schemes gave over 15% CAGR return in the past 3 years. Check list here | Mint

Source: Live Mint Best mutual funds: Prior to investing in a mutual fund scheme, investors tend to compare the returns given by that scheme vis-a-vis other schemes in the same category. Notably, rational investors – besides past returns – weigh other factors as well which include the past performance of fund manager, reputation of fund…

Read More