i am dr yogendra vyas .i invested in share market since 20 yrs .i invested in commodity equity mutual fund tax saving funds national pension scheme bonds also but i never invest in fixed deposit because return of fd is 8 % per annum and if ur in 30 % tax slab it would be 5.5% so no advantage of fd .
For emergency fund u can have fd of 3 months of ur salary.
Now i will tell u about nps national pension scheme
This is best for everyone this is not only for retirement but it can be used before retirement
Nps is govt scheme.
Two tier
First tier u have to invest 6000 min per yr till 60 yrs .u cant withdraw till 60 yr age
So effect of compounding interest will be handsome.
Here ur money invested with ur choice
One is auto mode other u can choose .
In auto mode according to ur age ur risk is calculated and money invested in equity debt and bond .
With 50 yrs age they invested 35 %in equity and other 65%in debt and bond fund
Other option is for risk taking person in this option u can't invest more than 50%in equity
Tier 2
In this scheme u can invest and withdraw whenever u want but tax benefit is not present .
Tax benefit
In nps u can invest 1.5 lacs rs full tax free limit and additional 50000 is also available
Means nps
U can invest 2 lacs rs per annum .ur money is managed by well organised private firm like icici prudential
Sbi
Ilfs
Expenses ratio is very less as compare to lic
Mutual fund
Private company retirement plan
Child plan
Insurance companies lic and all companies all plan initial charges r 10 to15%
If u invest 1lac ur charges in insurance company 10000 to 15000 hence ur investment money is 85000 to 90000
In nps charges r for 1 lac is less than 1000
So invest wisefully and enjoyed ur return
I am happy to give investment service to anybody.
Inflation rate is 7% and fd return is 5% then u will suffer in future .
In tax saving mutual funds and nps ur return min 10 to 15%per annum .
Contact on
9826210372 whatapp
Or dryvyas@rediffmail.com
For emergency fund u can have fd of 3 months of ur salary.
Now i will tell u about nps national pension scheme
This is best for everyone this is not only for retirement but it can be used before retirement
Nps is govt scheme.
Two tier
First tier u have to invest 6000 min per yr till 60 yrs .u cant withdraw till 60 yr age
So effect of compounding interest will be handsome.
Here ur money invested with ur choice
One is auto mode other u can choose .
In auto mode according to ur age ur risk is calculated and money invested in equity debt and bond .
With 50 yrs age they invested 35 %in equity and other 65%in debt and bond fund
Other option is for risk taking person in this option u can't invest more than 50%in equity
Tier 2
In this scheme u can invest and withdraw whenever u want but tax benefit is not present .
Tax benefit
In nps u can invest 1.5 lacs rs full tax free limit and additional 50000 is also available
Means nps
U can invest 2 lacs rs per annum .ur money is managed by well organised private firm like icici prudential
Sbi
Ilfs
Expenses ratio is very less as compare to lic
Mutual fund
Private company retirement plan
Child plan
Insurance companies lic and all companies all plan initial charges r 10 to15%
If u invest 1lac ur charges in insurance company 10000 to 15000 hence ur investment money is 85000 to 90000
In nps charges r for 1 lac is less than 1000
So invest wisefully and enjoyed ur return
I am happy to give investment service to anybody.
Inflation rate is 7% and fd return is 5% then u will suffer in future .
In tax saving mutual funds and nps ur return min 10 to 15%per annum .
Contact on
9826210372 whatapp
Or dryvyas@rediffmail.com
