Pros and cons of investing in NPS for retirement saving

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THE ECONOMIC TIMES Tue, May 26, 2020 | 10:07 AM IST ET Wealth Newsletter

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Pros and cons of investing in NPS for retirement saving National Pension System is an investment product to save for retirement. However, among millennials, very few like to invest in such a product with a long lock-in period but this pension scheme has everything an investor looks for in a retirement plan. Why debt mutual funds' liquidity may be an illusion A lesson that investors should learn from the Franklin Templeton episode is that maturity and duration of your debt mutual fund are deceptive indicators of cash flow. It may be time to look beyond category definitions and maturity profile. Podcast: Did Nirmala Sitharaman do enough to safeguard your money matters? In this week's podcast we will talk about the various personal finance measures that were announced as part of the government's Covid relief package, its impact on your money, and could the FM have done more for you. Current equity losses underline why planned exit from investment is important In investing, the level at which you invest is just as important as the value when you exit. From our Partners Rise Against Hunger India (RAHI) distributes 1 million meals to vulnerable groups in India during the COVID-19 Lockdown From our Partners ET Catalyse Virtual: The role of brand communication during a lockdown These 4 stocks giving high risk-adjusted returns can be good bets To limit portfolio value erosion in the current volatile market, it is important to judge risk-adjusted returns on a relative basis. These stocks score on risk-adjusted returns. Money & relationships: Should you discuss salary cut with your children? While it's a good idea to share the bad news with your kids and address the uncomfortable questions, here are a few things you should keep in mind before doing so. Top Mutual Funds SCHEME NAME RATING 3 YRS(%) 1 YR(%) 6 M(%) 1 M(%) Axis Bluechip Fund Direct Plan-Growth ★★★★★ 8.38 -7.83 -15.16 0.49 Invest Now Axis Bluechip Fund-Growth ★★★★★ 6.94 -8.95 -15.67 0.34 Invest Now Canara Robeco Bluechip Equity Fund Direct-Growth ★★★★★ 4.70 -7.04 -13.85 0.99 Invest Now Canara Robeco Bluechip Equity Fund Regular-Growth ★★★★★ 3.46 -8.24 -14.40 0.84 Invest Now Sundaram Select Focus Fund Regular-Growth ★★★★★ 1.80 -15.65 -19.74 0.98 New rules of personal finance: How COVID has changed income, spending, saving, investing In the new world, across segments, income has vanished, reduced or has settled at a new low. The risk to income means families have learned to cut back on spending. Saving and investing are in the background as activities that represent a forgotten luxury. Stock pick of the week: Why Manappuram Finance is emerging stronger Manappuram is better placed compared to other NBFCs since Indian gold loan customers hardly default and even if they do, the recovery will be easier given the high prices of gold currently.

FEATURED SLIDESHOWS

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Financial Calculators Old or new tax slab regime? Use this calculator to find out This tax calculator will help you estimate your tax liability. Just input your personal income details and know how much you would be liable to pay. New LTCG tax calculator: Plan, compute your tax Use this tool to calculate long-term capital gains (LTCG) and the corresponding LTCG tax for listed shares and units of equity-oriented mutual funds.

How different types of NPS funds have performed Given below are the blended returns for four different types of investors with varying allocation to equity funds. Realty hot spot series: Metro, proximity to job hubs are big draws of this Hyderabad locality The locality enjoys excellent connectivity through road and metro. It is close to major educational institutions such as ISB, IIIT, University of Hyderabad and JNTU. Plus and minus points of various debt investment products and whom they will suit Smaller banks offer better rates. However, weigh the risks before investing. While chasing higher returns, you should not ignore safety or tax implications. ET Wealth explores various debt products to help you choose the one most suitable. ICICI Prudential Bluechip mutual fund review: Good record outshines low bouts The ICICI Prudential Bluechip fund has delivered decent outperformance over-index across time frames over the past decade. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision. Can family claim share in individual's PF after his retirement? Provident Fund cannot be blocked by a family member during the life span of the PF account holder. However, after his/her death, those family members who are legal heirs, can claim right in his/her property. Credit risk funds will be back sooner than later: Amit Tripathi, Nippon India MF Going forward, the environment will be even less sanguine. One will have to be careful for the next six months. Credit quality deterioration will be more pronounced in the unsecured space, says CIO, Fixed Income Investments, Nippon India MF. No pension fund has made investments in bonds rated below AA: Supratim Bandyopadhyay, PFRDA Most pension fund managers follow their own investment guidelines which are stricter than what PFRDA has laid down, says PFRDA Chairman, Supratim Bandyopadhyay. How to do video KYC for mutual fund investments With the covid lockdown being the new normal in our lives, most financial activities are being done online. The investor can now create a folio by submitting information such as bank and nomination details. After submitting, he can verify and submit these. How to manage financial transactions efficiently When you review money matters, focus on evaluating the performance and suitability of your investments to your current need for income, growth and liquidity. Review your insurance needs every time you cover a milestone in life. Nuclear families have the most financial freedom: Survey According to the HDFC Life's Life Freedom survey, people living in the metro have the highest financial awareness. However, people living in Tier-I cities are most meticulous about reviewing their financial plans. What is a rights issue? A listed company has to announce a record date of the rights issue which will help determine the eligibility to the rights issue. How Sensex, US dollar, 10-year G-sec performed during week ending May 21, 2020 Here's a weekly tracker of returns that will keep you updated on how the stock market index, gold prices and 10-year bond yields have performed. This will give investors an idea of how their investments performed over a long period.

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