ABC of Investment

Atal Pension Yojana (APY)  –    Jan Dhan to Jan Suraksha  : APY is a social security scheme introduced by Govt. of India specially for poor people working in unorganised sector  in india. APY was introduced in budget of 2015-16 and it is regulated by Pension Fund Regulatory and Development Authority (PFRDA).  APY is for encouraging and enabling citizens to save for retirement and getting guaranteed pension by Govt. of India. All citizen of India in age goup of 18-40 years, and having a bank account  is eligible to join APY. APY can be opened in any bank or post office. APY is a periodic contribution (monthly) based pension plan where contribution stops at the age of 60 and pension starts. The guaranteed fixed monthly pension after retirement under APY is Rs.1000/-, Rs.2000/-, Rs.3000/-, Rs.4000/- or Rs.5000/- as per choice of monthly contribution according to age of the subscriber. Primary objective of APY is enabling systematic...

Key points to know: The points will be applicable for salaried individual in India. The last date of filing ITR i.e. Income Tax Return will be 31/07/2018 for Financial Year 2017-18 or Assesment Year 2018-19. ITR can be filed after due date with penalty of Rs.5000/ for individual having Annual Income above 5 Lakh and and Rs.1000/- below 5 Lakh but upto 31/12/2018. Penalty amount will be Rs.10000/- upto 31/03/2019 for the first group stated above. ITR-1 will be applicable for salaried individual with annual income below 50 Lakh. 26 AS statement should be downloaded before filing ITR to check all types of income reflected in the said 26 AS statement. Gross Salary, Perks, employment tax etc should be mentioned in efiling to calculate 'Income chargeable under head salaries'. Savings Account interest should be shown in 'Income from other source' head. Maximum Rs.10000/- will be exempted from paying any tax under section 80TTA. Deduction should be mention...

Assumption Let your Age be 30 Years. You would like to contribute Rs.5000/- per month to your Tier-I Account of NPS. Total years of contribution is 30. Total investment = Rs.5000/- X 12 X 30. Your expectation on return on investment is 10% on annual basis. You would like to buy annuity with 40% of total corpus at the age of 60 years. Your expectation on annuity rate is 6 %. Calculated Result Based on  Assumption         Total amount of money invested up to age of 60 years will be Rs.1800000/- (18 Lakh only). Total Corpus generated will be Rs.11396627/- (1.13 Crore only). Total Return or Gain on investment will be Rs. 9596627/- (95.96 Lakh only). Lump Sum value to be withdrawn at maturity =  Rs.11396627/- X 60% =Rs.6837976/- (68.37 Lakh only). Annuity Value to be purchased for pension = Rs.11396627/- X 40 % = Rs.4558651/- (45.58 Lakh only). Your expected monthly pension will be  Rs.22793/-  ( Rupees Twenty Two Thousan...

What is Mutual Fund? A Mutual Fund is a pool of money from investors who wish to make money. It invests money in Stocks, Bonds, money market instruments and different types of securities. It is a collection of different investments. It is managed by professional Fund Manager. Mutual Fund is well diversified investment tool. It is a low cost investment option. It may be a tax saving investment vehicle. Investments in Mutual Funds are subject to market risk. What is Equity  Mutual Fund? Money in this type of Mutual Fund is invested purely in equity / stock market. If you  invest in 'Equity Mutual Fund', all your money will be invested in stock/equity market by the Fund Manager.  Types of  Equity  Mutual Fund ? Equity-Large Cap : Money is generally invested in stocks of Large Market Capital (> 25000 Crore) like Maruti Suzuki, SBI, Infosys etc. Equity-S...

SIP (Systematic Investment Plan) ·   Suppose you are investing in one Mutual Fund Scheme in SIP form as per following detail.... Monthly Investment Amount = Rs.2000/- Investment Period = 30 Years Let, expected Amount of annual Return = 14 % ·   Now, if we calculate return on investment after 30 years, we will get following results.... Total investment Amount = Rs.720000/-   (7.2 Lakh only) Expected Maturity Amount = Rs.11114111/- ( 1.1 Crore) Hence, Total Wealth Gain = Rs.10394111/- (1 Crore) We can conclude from this example  that SIP is an amazing journey with unbelievable wealth gain. 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 D...

               The image given above is the 'Front Page' of my E-Book published on Mechanical Engineering (Degree & Diploma) for Govt. Job aspirants.               This book comprises of solved Mechanical Engineering Questions of WBPSC for Junior Engineer, Assistant Engineer, Inspector of Factories, Polytechnic Lecturer, Assistant Professor and model solved paper for WBPSC, SSC & RRB. This book will be very helpful in cracking any Govt. Exam in Mechanical Engineering (Degree & Diploma) like PSC, UPSC, SSC, RRB, Ordnance Factory, Port Trust, PSU and the like. Govt Job Aspirants in Mechanical Engineering (Degree or Diploma) may collect this ebook from the following link for cracking Competitive Exams : https://pothi.com/pothi/book/ebook-er-pradip-mondal-solved-exam-papers-wbpsc-mechanical-engineering Best Wishes, Pradip Mondal

Value Investing ·          There are two types of fundamental approach or style while investing in stock or equity. ·          Value Investing is one of the two fundamental styles of investment. ·          Value Investing was introduced by Benjamin Graham who was mentor of the legendary investor Warren Buffett. ·     Value Investors buy Value Stocks, which could be under-priced and ignored by investors but have a potential for appreciation. ·            Value  stocks have potential to bounce back in time when its true value is recognised by other investors. ·            Value  stocks usually have above-average dividend yields. ·          Value stocks are less volatile in price fluctuation and mor...