SMALL SAVINGS SCHEME

MF portfolio doctor: Why Aggarwal should tone down expectations from equities

Vikas Aggarwal is investing in equity funds to build a corpus of Rs 2 crore in the next 10 years. The mutual funds' portfolio doctor has ad...

Shivalik Bank gets license as Small Finance Bank

Shivalik bank has over four lakh customers and a total business size of Rs 1,800 crore as on March 31, 2020. The total advances stood at Rs...

No cut in PPF, NSC, other post office schemes' interest rates for Q4 of FY 2020-21

This was announced by the finance ministry via a circular dated Dec 30, 2020. As per the circular, PPF will continue to earn 7.10%, the NSC...

RBI floating rate bonds interest rate to remain 7.15% till June 30, 2021

This comes as a relief for fixed income investors, especially senior citizens, as currently there are only three investment options with re...

Common money myths and the truth behind them

Investors have several misconceptions about financial matters. Here are seven common myths and the truth behind them.

DSP Tax Saver mutual fund review: Scheme with a good long-term track record

This tax saving mutual fund has suffered bouts of underperformance in recent years. While the fund’s longer term track record is impressive...

PPF, NSC and other small savings scheme interest rates kept unchanged by govt

The finance ministry made this announcement via a circular dated September 30, 2020. As per the circular, the interest rate on small saving...

AMCs may reclassify existing multi-cap mutual funds as focussed schemes: Should you be worried?

As per Sebi definition, a focused mutual fund is allowed to hold only 30 stocks in its portfolio. While some of these mutual fund schemes a...

MF portfolio doctor: Magar should exit underperforming mutual fund schemes to achieve money goals

Neha Magar is investing for her son’s education and marriage. The portfolio doctor has advised her to dump laggards and switch to winners. ...

Post office schemes’ interest rates higher than bank FDs but look at these options too

Investors can consider options other than bank FDs as these are currently offering low rates of interest. However, keep in mind that bank F...

How nominees can claim money from small savings schemes like PPF, NSC

The government via circular dated August 28, 2020, has streamlined the process of claiming money from small savings schemes like PPF, NSC e...

PPF, NSC and other post office schemes interest rates remain unchanged

For Q1 of FY 2020-21, the government had slashed rates of small savings schemes by 0.7-1.40%. If the government had cut rates for this quar...

Small savings scheme, PPF rates remain unchanged

​During the start of the first quarter of FY21, the government had lowered the rates on various schemes by as much as 1.4 percentage points...

Did you retire between Feb and April? You can open Senior Citizen Savings account till Jun 30

The decision to relax the regulatory provisions has been taken to safeguard the interest of small savings depositors in the view of the loc...

No penalty, revival fees for PPF, RD and other small savings schemes

The decision has been taken by the Ministry of Finance as many investors have not been able to deposit money into their accounts on time du...

Small savings schemes see sharp rate cuts. What should investors do?

The downward revision of interest rates in small savings schemes like PPF, NSC, SSY has been sharp this quarter and might hurt your financi...

1% drop in small savings' rate may cut income by 15%. Measures are needed to save these schemes

The action taken by the RBI to provide a monetary cushion to the looming COVID recession has caused a reduction in the interest earnings of...