EPF to NPS: Should you jump ship?
June 3, 2017
No, as the EPF is the best bet for the safe portion of your retirement kitty If you’re a salaried employee, how would you like to switch from your staid old EPF (Employees Provident Fund) to the market-linked NPS (National Pension System)? Though the government has mooted it, there are still legal hurdles to cross before this option becomes a reality. But if given the choice to jump ship from EPF to NPS, should you do it? Here are the pros and cons. Return and Risk If your retirement goal is to accumulate maximum wealth, never mind the risks. NPS is more likely to deliver it than EPF. This is because while EPF is restricted by mandate to stick to
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Portfolio Ideas: How you should prioritise your life goals
March 22, 2016
Is your corpus falling short? Ways to deal with the situation smartly Creating goal-based portfolios help you stay focused on achieving your objectives without taking additional risks. If you have three life goals to pursue now, you should have three different goal-based portfolios. But what if you are unable to contribute enough capital to all the portfolios? Or, if you face shortfall in one of your goal-based portfolios? In this article, we discuss how to prioritise your goals and bridge the investment value gap, if any. Allocation criteria Your investment choices should be driven by your goal priorities. Why? The goal will rank as high priority only if achieving it is important to you. What if you experience losses in
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Where there’s a Will, there’s a way
November 26, 2015
Writing a will helps stave off unnecessary squabbles. But there are more ways to pass on your assets. Here are the details We’ve all heard those tales of how a pauper became a millionaire overnight after inheriting a fortune from a rich distant relative, who wrote away all his wealth to him in his will. Not just men, pets too have shot to fame after their wealthy owners bequeathed all their assets to them, bypassing even their family. That’s the power of a will. And while few would dispute the need for succession planning to smoothly pass on their wealth to their successors, most of us believe it’s important only for the really wealthy. But, that’s not quite so. What
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How low rates can hit your life goals
November 26, 2015
Low rates can subject your life goals to risk. Avoid equities when you near the goal The interest rate cut by the RBI could have unintentional side-effects on your life goals; it could impact your investment portfolios. In this article, we discuss how rate cuts can affect your investment portfolios and your current lifestyle. Low-returns environment When you create an investment portfolio to meet a goal, your primary objective should be to achieve it without high investment risk. So, higher the goal priority, lower the risk you should take. Viewed in this context, interest rate cuts could subject your high-priority goal-based portfolio to high risk. This is because such portfolios will predominantly contain bonds and a small portion of equity.
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REC Tax Free Secured Redeemable Non Convertible Bonds
October 27, 2015
(TERM SHEET) Particulars Rural Electrification Corporation Limited. Issue Size Rs. 300 crs (“Base Issue Size”) with an option to retain oversubscription of upto Rs. 400 crs aggregating upto Rs.700 crs. Issue Opening Date : October 27, 2015. Issue Closing Date** : November 4, 2015. Rating “CRISIL AAA/Stable” by CRISIL, “[ICRA] AAA” by ICRA & “CARE AAA (Triple A)” by CARE, “INDAAA/Stable” by IRRPL Minimum Application 5 Bonds (Rs.5000/-) (individually or collectively, across all Series of Bonds) in the multiple of One Bond ( Rs.1000/-) thereafter. Series of Bonds* Tranche I Series 1A Tenure (in Years) : 10 Coupon rate (% ) per annum – Category I, II, III : 6.89 % Tranche I Series 2A Tenure (in Years) : 15
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