Anamika Singh

1 week ago | zeebiz.com | Anamika Singh

Just like certain life rules help us achieve our goals, there are formulas and rules for investing that can help us reach our targets quickly. Let's explore the 5-15-25 SIP strategy and how it can help generate a Rs 1.3 crore corpus. We will deal with simple calculations to find out what the estimated corpus amount can be at the end of the investment period. This simple yet powerful strategy requires disciplined investment, long-term commitment, and compounding returns.

1 week ago | zeebiz.com | Anamika Singh

Companies are grouped into three types based on their market value, or market cap. The top 100 companies with the biggest market value are called large-cap companies. Companies ranked 101-250 are mid-cap companies, and those ranked 251 and below are small-cap companies. Small-cap mutual funds invest at least 65 per cent of their money in these smaller companies, which have growth potential.

1 week ago | zeebiz.com | Ambarish Pandey |Anamika Singh

The consumer affairs ministry had a meeting with key e-commerce companies today, on 28 May, to tackle dark patterns that mislead consumers. The meeting focused on auditing the companies' practices regarding transparent disclosure of information to customers about donations or other collections. The Ministry of Consumer Affairs has taken a major step to protect consumers from deceptive practices in the digital market.

1 week ago | zeebiz.com | Anamika Singh

First, the investment amount shouldn't be a concern. Many believe a small sum is not enough for investment purposes. If that’s the case, then why do some of the mutual funds in SIP allow investors to invest starting from just Rs 100? Let’s help you understand better with an example. Suppose you invest Rs 5,000 at an annual return of 12 per cent. In the first year, your investment would grow by Rs 600, reaching Rs 5,600. However, instead of withdrawing Rs 600 return or profit, you reinvest it.

1 week ago | zeebiz.com | Anamika Singh

The Employee Pension Scheme (EPS) is a retirement plan managed by the EPFO. It provides a monthly pension to employees after they turn 58. Both employees and employers contribute to the Employees' Provident Fund (EPF), with a portion of the employer's contribution going towards the EPS. This scheme ensures financial stability for retirees by providing a steady income after retirement.