Personal Finance - Angel One - Page 125

The 20-20-20 rule is a popular heuristic in the world of systematic investment. It refers to investing ₹20,000 per month, for 20 years, at an assumed return of 20% per annum — the result being a corpus of ₹6 crore or more. While 20% annualised returns are aggressive and historically uncommon across entire market cycles, …

Buying a car can be an exciting milestone, and for many, a car loan can make it possible. Whether you’re eyeing a budget-friendly hatchback or a compact SUV, understanding your monthly EMI (Equated Monthly Installment) obligation is key to making an informed decision. In this article, we’ll break down the EMIs for car loans of …

Did you know nearly ₹2 lakh crore is lying unclaimed in India’s financial system? This includes money left behind in bank accounts, post office savings, insurance policies, EPF (Employees’ Provident Fund), mutual funds, and stock market investments. This money was earned over the years of hard work, but many families don’t even know it exists. …

The National Pension System (NPS) has crossed a major milestone in FY2024-25. More than 12 lakh private sector individuals joined the scheme this year, bringing the total number of subscribers to over 165 lakh by March 2025. This shows a rising trend in retirement planning among private sector workers. NPS Vatsalya Encourages Early Planning  A …

More than 1.7 lakh women who have not yet received the first 2 instalments of the Subhadra Yojana will get their payment on April 24. Deputy Chief Minister Pravati Parida announced this on Saturday. These beneficiaries had applied by the March 31 deadline but did not receive the money due to various issues. Special Event …

As the new financial year begins, taxpayers are preparing to file their ITRs (income tax returns) for FY2024- 25 (AY2025- 26). Many people are also comparing the old and new tax regimes to choose the best option for saving taxes. While the old tax regime still offers more deductions and exemptions, the new tax regime …

According to the Insurance CuES Report 2025 by Hansa Research, a notable 40% of individuals who own non-life insurance policies—such as health or motor insurance—report difficulty in comprehending life insurance products. The findings are based on insights collected from 3,600 insurance customers across life and non-life segments. The Call for Simpler Communication One of the …

With the buzz around the 8th Pay Commission gaining traction, much of the conversation has centered on the fitment factor — a critical multiplier that determines revised pay and pension for central government employees and retirees. As per emerging reports, the fitment factor could range between 1.92 and 2.86. A lower multiplier such as 1.92 …

Turning 50 is a major milestone, not just in life, but in your financial journey. If you’re eyeing early retirement at 60, this can be the perfect time to assess your retirement readiness. The good news? You still have a decade to build and fine-tune your financial base. But how much money do you actually …

YES Bank has revised its fixed deposit (FD) interest rates starting April 21, 2025. The bank has reduced its highest FD rate by 25 basis points (bps)—from 7.75% to 7.50%—for deposits below ₹3 crore. This is the second rate cut in recent weeks, following the RBI’s 25-bps cut in repo rate to 6%. The change …