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Supreme court came out with a ruling that employees should get pension as per their basic salary and not as per the fixed basic assumption taken by the EPFO of Rs 15000/-. However as the Pension has to be out of funds contributed towards EPS the employees will have to increase the EPS contribution to 8.33% of Basic instead of the present Rs 1250. This is carved out of the 12% that the employer contributes towards EPF. Should you go for this?
Debt Mutual Funds vs Bank Fixed Deposits: A Better Option for Low-Risk Investors
Have you ever got stuck up in traffic? I am sure you have. Just imagine your car is new brand with powerful engine, but unable to move an inch because of heavy traffic.
I am Raghupreet Singh Kanwar, a banking and financial services professional with 26 years in the industry. After having spent 17 years with various banks like, IDBI, ICICI Bank, Citibank and ICICI Securities (Private Wealth) Ltd, I started my own venture on the financial services domain.
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Risk Factors – Investments in Mutual Funds are subject to Market Risks. Read all scheme related documents carefully before investing. Mutual Fund Schemes do not assure or guarantee any returns. Past performances of any Mutual Fund Scheme may or may not be sustained in future. There is no guarantee that the investment objective of any suggested scheme shall be achieved. All existing and prospective investors are advised to check and evaluate the Exit loads and other cost structure (TER) applicable at the time of making the investment before finalizing on any investment decision for Mutual Funds schemes. We deal in Regular Plans only for Mutual Fund Schemes and earn a Trailing Commission on client investments. Disclosure For Commission earnings is made to clients at the time of investments. Option of Direct Plan for every Mutual Fund Scheme is available to investors offering advantage of lower expense ratio. We are not entitled to earn any commission on Direct plans. Hence we do not deal in Direct Plans.
AMFI Registered Mutual Fund Distributor – ARN-93495 | Date of initial registration – 19 Feb 2013 | Current validity of ARN – 06 Jan 2028
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