Compounding effect

NPS Vatsalya vs mutual funds: Can long lock-in period in schemes be a deterrent for investment?

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NPS Vatsalya vs mutual funds: Can long lock-in period in schemes be a deterrent for investment?

NPS Vatsalya vs mutual funds: The NPS Vatsalya scheme was floated earlier this week, which is one-of-a-kind scheme where parents can start saving for their minor children much before they enter into their adult life. The NPS Vatsalya is a long-term pension scheme proposed during the full Union Budget 2024, following the third-term victory of the … Read more

How to build a Rs 15 crore retirement nest egg in 30 years. Follow these steps

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How to build a Rs 15 crore retirement nest egg in 30 years. Follow these steps

Achieving the goal of accumulating a wealth of Rs 15 crore over 30 years may seem daunting, but with smart financial planning, disciplined saving, and the power of compounding, it’s within reach to make one’s retirement comfortable. Here is one of the ways how one can systematically work towards this financial milestone. The key to … Read more