It is likely that you have added a nominee to your investment. The intention is that in case something happens to you, that is, death, then the nominee can take control of the investment. This is great. However, there are several misconceptions regarding what a nominee is entitled to or not. In this post, we […]
NPS Withdrawal- Current rules you should know
In the previous two posts on NPS, we covered two questions about whether NPS provides assured returns and how some investors overestimate their tax benefits. In this post, let’s understand the withdrawal rules as currently applicable to NPS. NPS maturity typically takes place at 60 years of age. This is also called normal superannuation. In […]
US Canada NRIs – PPFAS AMC needs your declaration for investments
Notice from PPFAS AMC regarding investment in its scheme by US Canada based NRIS This is to inform you that we are accepting NRI applications which includes US and Canada also, through online & off-line mode. For executing transactions successfully, please refer guidelines given below…… Application will be accepted subject to submission of Declaration form at the time of […]
How to build an SIP portfolio of mutual funds?
“SIP mein invest karna hai.” or “What do you suggest – SIP or mutual fund?” Too often, investors believe that a mutual fund and an SIP are two different things. It’s a misunderstanding. An SIP, the short form of Systematic Investment Plan is a method of investing in mutual funds. When you make a regular investment […]
Volatility in investments – Is it good?
What is volatility? As you understand when a thing is volatile, it does not have a linear movement. It tends to go up and down based on several influencing factors. Volatility and Investments Investments and their markets by their nature are volatile. You take any of them – oil, gold, copper, silver, stocks, etc., the prices of each tend to […]
How to update your KYC with Mutual Funds?
If you are an investor in stocks or mutual funds or are planning to invest in them now, one of the key requirements is to complete your KYC. In fact, you now need to comply with the new KYC requirements with the Central KYC Registry. KYC stands for Know your customer, wherein you provided necessary […]
