Here's why you shouldn't just bank on NPS, consider retirement mutual funds

Here's why you shouldn't just bank on NPS, consider retirement mutual funds Unlike the NPS, the maturity proceeds from these retirement schemes will be tax free because long-term capital gains from equity funds are not taxable. Time to be fearful or greedy? How to trade Sensex when it's at an all-time high The most rewarding investments were made when the index was floundering. At a PE of 12, the average 1-year returns have been a whopping 57%. How RBI's repo rate cut will impact your financial goals The rate at which banks borrow money from the RBI is known as repo rate. Therefore, a higher repo rate means a higher residual borrowing cost for the banks and vice versa. Retiring soon? Some financially sound options to keep yourself occupied A happy retirement is about having a fulfilling life for the thirty years or so. It's not just about keeping yourself occupied but, making it financially sound. Are you being paid right? Monster Salary Index Report will tell you The Monster Salary Index Report looks at average wages in eight major sectors and the factors that impact salaries in India. Quote of the week "I am not in favour of raising the tax rates as that can be counterproductive. The global community and Indian taxpayers want a stable tax regime." Arun Jaitley,Union Finance Minister Family Finances Investing in equities, increasing income will help Jadhavs meet financial goals The Jadhavs need to revamp their plan by investing in equities and ensuring adequate risk coverage if they want to secure their financial future. Financial Planning Why short-term debt funds are best for young earners Young earners have to find the balance between their incomes and their needs. A flexible saving option like a short-term debt fund works best. Money-making venture How EASYFix is one stop solution to all household problems People in need of a service call EASYfix, and based on their problem, the firm sends a serviceman, at the time of the customer's choosing. Entrepreneurs How Dhruv & Kaushal Goyal's 3yr-old startup ExclusiveLane.com is on track to generate Rs 3.5 crore Goyal cousins invested close to Rs 10 lakh to start their biz, which was invested in building the website, buying inventory & acquiring designers. Financial Calculators Plan your car Car cart! Use this calculator to find out if it is worthwhile to shift your home loan to another bank? Just enter the data and click next. It's that easy. Home Loan Refinance Should you refinance your home loan? Find out how much you will have on retirement with different combinations of savings, percentage returns, time to go and tax rate. More Calculators Apple's spectacular Q3 performance from an Indian perspective If the gigantic cash pile, that Apple has, was distributed among the estimated 1.25 billion Indians, each of us will get Rs 8,828. How online certificates can upskill you Online courses may not get you your first job, but by upgrading your skills, they will give you an edge over peers during your career. Raise your exposure to direct equities, Kotak Securities's Kamlesh Rao tells you why Ideally, retail investors want to enter when the markets are low. They would worry about entering at the present level. How to trace lost mutual fund investments One advantage of mutual fund investments is that they are in a non-physical format. At the time of redemption, only the folio number is required, and not the account statement. SSA: Five things to know about term deposit scheme for minor girls SSA is a small savings scheme under which an account can be opened for the girl child at any time from her birth till the age of 10 in authorised branches of banks. Daily Newsletter Special stories that round up the major developments of the day Markets Watch Round up of stock, currency, bond, money and real estate market IPO Watch Gives you the latest IPO/FPO related news Live-Market News Portfolio Mobile Live TV Newsletter Commodities Speed Blogs Alerts Follow Us on ET: About us|Advertise with us|Terms of Use|Privacy Policy|Feedback|Sitemap|Code of Ethics © 2015 Times Internet Limited. To ensure delivery directly to your inbox, please add etnotifications@indiatimes.com to your address book today. If you are having trouble viewing this newsletter, please click here To unsubscribe or edit your subscriptions please click here