MF – DjSaavn

Building a retirement nest egg from birth: How NPS Vatsalya can make money for your kids

September 18, 2024 by djsaavn_jvd36z

Finance minister Nirmala Sitharaman on Wednesday launched NPS Vatsalya Yojana to give an early head-start to children to save for retirement. Parents can open an account for their child from birth to up to 17 years of age. When the child turns 18, the Vatsalya account will convert into a regular NPS account, allowing employer … Read more

This is the reason why midcaps and smallcaps may consolidate in medium-term

March 24, 2024 by djsaavn_jvd36z

The March clampdown led the broad Midcap and Smallcap indexes to a total fall of -8% and -13%, respectively, from the intraday high to low between 5th to 14th of March. Following the low point reached last Thursday, the market has rebounded, experiencing a gain of around 5% to 7% respectively. The total cut has … Read more