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Source: Live Mint Children’s Day 2024 celebrates the innocence and potential of every child. For parents, the occasion can be an opportunity to rethink their future planning for their kids. Sound planning requires well-calibrated and smart investments in options like mutual funds, fixed deposits and other schemes. Multiple government schemes have been launched for parents…
Source: Live Mint There is a fundamental difference between financial investment products and other conventional products we consume. Investments have no ‘product’ with a look and feel. You are sacrificing your current consumption, expecting to get back a higher amount in future. An investment ‘product’ is created by a manufacturer through the brochure/other literature, and…
Source: Business Standard 3 min read Last Updated : Sep 26 2024 | 3:52 PM IST Mutual funds’ search for debt fund alternatives has now reached the fund of fund (FoF) space. At least two fund houses — HDFC and Aditya Birla Sun Life (ABSL) — have sought the regulator’s go-ahead to launch FoFs…
Source: Live Mint Finance minister Nirmala Sitharaman on Wednesday launched NPS Vatsalya Yojana to give an early head-start to children to save for retirement. Parents can open an account for their child from birth to up to 17 years of age. When the child turns 18, the Vatsalya account will convert into a regular NPS…
