ABC of Investment

Sukanya Samriddhi Yojana: It is a girl child prosperity scheme under ‘ beti bachao, beti padhao’ program of Prime Minister Narendra Modi. This Yojana is to facilitate girl child for proper education and marriage afterwards. The account can be opened by the natural or legal guardian in the name of a girl child from the birth of the girl child till she attains the age of 10 years. A depositor can open and operate only one account in the name of a girl child under the scheme rules. Natural or legal guardian of a girl child can be allowed to open the account for two girl children only. The third account in the name of the girl child can be opened  in the event of birth of twin girls, as second birth or if the first birth itself results into three girl children. Attractive interest rate of 8.3% is provided at present. Interest rate is regulated by Ministry of Finance from time to time. Minimum Rs. 1,000 can be investe

Example of a Portfolio of a Moderate Investor in Mutual Fund Balanced Mutual Fund  - 35 % of total investment Mutual Fund in Large Cap category  - 40 % of total investment Mutual Fund in Multi- Cap category  - 25 % of total investment You will understand from the above example that the risk factor is moderate. So, the investor having this portfolio  should have a time horizon of at least seven years to get very good result. Happy Investing !!! ##   Common Investors may collect ebook from the following link for mastering the basics of investment : https://pothi.com/pothi/book/ebook-pradip-mondal-basic-investment-instruments ### Govt Job Aspirants in Mechanical Engineering (Degree or Diploma) may collect ebook from the following link for cracking Competitive Exams : https://pothi.com/pothi/book/ebook-er-pradip-mondal-solved-exam-papers-wbpsc-mechanical-engineering

Sovereign Gold Bonds (SGB) SGB is a paper gold investment scheme launched by RBI without transaction of physical gold. SBG offers better option of investment in comparison to buying physical gold in respect of risk and storage charges of physical gold. SGB is free from vital issues like making charges and purity in respect of physical gold.  Investment is locked for long term. Tenure is for eight years. Investors are assured to get the market value of gold at the time of redemption. Minimum investment required is one gram of paper gold. Maxium investment can be four kg of paper gold per year. Return from investment during final redemption is tax-free. Additional 2.5% of periodic interest of invested amount is assured annually and this interest is taxable. This golden product is available to be bought from Banks, Post Office, Stock Exchange etc . Online procurement of the scheme is also available in different platforms. Premature withdrawal is possible f

Mutual Fund – Growth Vs Dividend Option While buying Mutual Fund, we have options to choose like growth or dividend. We should know about those options, which will make us choose the right one according to our requirements. Growth option: All money will be invested in this option until redemption. No short term or regular income will be received from the fund before redemption. This option is suitable for long term investment. Wealth creation is high in this option due to power of compounding in long term investment. Long Term Capital Gain is tax-exempted. Growth option is best in Equity Fund for long term. Dividend option: Short term or regular income in form of dividend will be received from the fund before redemption. This option is suitable for getting regular income for people like senior citizen etc. Wealth creation is moderate in long term in this option due to inefficient power of compounding a