What is Mutual Funds
Mutual Funds Introduction A mutual fund is a pool of money managed by a professional Fund Manager. . The combined holdings of the mutual fund are known as its portfolio. Investors buy shares…
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Details of senior citizen saving scheme
senior citizen saving scheme senior citizen saving scheme: The Senior Citizen Savings Scheme (SCSS) is government-backed in India specifically designed for senior citizens aged 60 years and above. It offers them a regular income and financial security during retirement. key features of the scheme: Eligibility: Individuals who are 60 years or above are eligible to…
Detail of Atal Pension Yojana
Introduction: PM Shri Narendra Modi launched the Atal Pension Yojana (APY) on May 9, 2015, to assist poor people and ensure their future security. The Government of India is actively promoting participation in the Atal Pension Yojana to offer financial security during old age to individuals who lack access to formal pension benefits. Benefits of…
Details of National Savings Certificate
NATIONAL SAVINGS CERTIFICATE(NSC) Introduction of NSC: The National Savings Certificate is a government-backed savings scheme designed to encourage individuals to invest in a secure and stable financial instrument. is an Indian Government savings bond, primarily used for small savings and income tax saving investments in India. it is part of the postal savings system…
Details of National Pension Scheme
NPS Introduction of NPS: National Pension Scheme (NPS), has been introduced by Central Government in India. It was effect from January 1 2004. National Pension Scheme Head quarter placed in New Delhi. NPS is a voluntary, long-term investment scheme designed to provide retirement benefits to citizens. Its primary objective is to offer a sustainable pension…
Explore top dividend stocks of the Market
Hindustan Zinc Ltd Hindustan Zinc Limited (HZL) stands as a prominent figure in India’s mining and resource sector, specializing in the extraction of zinc, lead, silver, and cadmium. Initially established as a Central Public Sector Undertaking, it underwent a significant transition when the Government of India divested its ownership to Vedanta Limited in 2003, during…
Best Stocks for Passive Income in India
Hindustan Zinc Introduction : Established on January 10, 1966, Hindustan Zinc Limited emerged from the predecessor Metal Corporation of India, marking its inception as a Public Sector Undertaking (PSU). Today, it stands as a cornerstone of India’s mining industry, specializing in the production of zinc, lead, silver, and cadmium, thus contributing significantly to the nation’s…
Stocks with Face Value 5
KP ENERGY LTD., Introduction: Introducing KPI Green Energy Limited, the radiant force in sustainable energy solutions. Formerly known as KPI Global Infrastructure Limited, our journey began in February 2008, as a pivotal player in Gujarat’s solar and hybrid power landscape. As the solar and hybrid vertical of KP Group, we stand as a beacon of…
Details of Public Provident Fund (2024)
Public Provident Fund – Interest Rate 2024, Withdrawal & Account Opening, Tax Benefits. Introduction: The Public Provident Fund (PPF) is a popular long-term investment option backed by the Indian government. Introduced in 1968, the motto of the scheme is encouraging savings among Indian citizens, especially for their retirement. Offered by…
Details of Sukanya Samriddhi Yojana (2024)
Details of Sukanya Samriddhi Yojana (2024) Introduction: Sukanya Samriddhi Yojana (SSY) is a small deposit scheme by the Ministry of Finance for a girl child. The Honorable Prime Minister Narendra Modi launched the scheme on 22nd January 2015 with the main motto of the campaign being “Save Daughter Educate Daughter”. The scheme…