long-term wealth

Parag Parikh Flexi Cap Fund: It is only fund that has delivered positive returns in last 3-6 months; should you invest?

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Parag Parikh Flexi Cap Fund: It is only fund that has delivered positive returns in last 3-6 months; should you invest?

In the current volatile market, as investors contemplate pausing their Systematic Investment Plans (SIPs) in small-cap and mid-cap funds, mutual fund experts are recommending flexicap funds.  Investors often choose flexicap funds due to their dynamic approach, which allows fund managers to adjust asset allocation among large, mid, and small-cap stocks according to market conditions. This … Read more

Crorepati goals: A monthly SIP of Rs 12,000 grew to Rs 1 crore in just 16 years; check investment details

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Crorepati goals: A monthly SIP of Rs 12,000 grew to Rs 1 crore in just 16 years; check investment details

Many individuals aim to achieve the status of a crorepati, aiming to acquire wealth to the fullest extent possible. Yet, a significant portion of the population believes that reaching this goal is out of reach, leading them to neglect efforts in that direction. This can be debated. By committing to saving even a small sum … Read more

‘NPS Vatsalya to build a pension-oriented mindset among young’: Expert on newest investment scheme

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‘NPS Vatsalya to build a pension-oriented mindset among young’: Expert on newest investment scheme

Finance Minister Nirmala Sitharaman will formerly float the NPS Vatsalya scheme on September 18, 2024, almost two months after announcing it in the Union Budget 2024. The scheme, which is an extension of the existing National Pension Scheme, is focused on children and the investment made in this account will be  to ensure long-term wealth. … Read more