The National Savings Schemes (NSSs) are one of the very popular saving schemes in India. These are regulated by the Ministry of Finance. They offer complete security of investment combined with attractive returns. These schemes also act as instruments of financial inclusion especially in the geographically inaccessible areas due to their implementation primarily through the Post […]
Archives for June 2019
Top 5 Best Aggressive Hybrid Equity Funds (Balanced Equity Mutual Funds)
Mutual funds are primarily classified as either Equity or Debt, based on where the funds are invested. Equity funds primarily invest in stocks/shares and Debt funds primarily invest in Bonds, Government securities and Fixed interest bearing instruments. Whereas, Hybrid Funds invest in both equity and debt instruments. The Mutual Funds were further re-categorized by SEBI in 2018. They are […]
How to make EPF Death Claim by Nominee of a Subscriber? | EPF/EPS/EDLI Scheme Benefits
“A sum of Rs 27,000 crore is lying as ‘unclaimed amount‘ in the EPF accounts”. That’s a huge amount! The reasons for not claiming EPF Scheme benefits can be due to ignorance/ negligence on part of the EPF members, procedural delays by the EPFO or ‘no-claim’ made by the nominees/legal-heirs after the death of the subscribers. As an EPF subscriber, […]
What is Repo Linked Lending Rate (RLLR)? Will it be beneficial to the Borrowers? | Definition, components & review
The primary functions of a commercial bank are accepting Deposits and also lending funds. Deposits are savings, current, or time deposits. Banks take in funds, called Deposits, from those with money, pool them, and Lend them to those who need funds. Banks are intermediaries between depositors (who lend money to the bank) and borrowers (to whom the bank lends money). The amount banks pay for deposits […]
My Latest Mutual Fund Portfolio | My Equity MF Picks
Investing is easy! Figuring out ‘where to invest’ is the hard part. Irrespective of my quantum of earnings, I have been judiciously saving money for making investments. As I opined, it can be a challenging task to identify right financial investments. I too learnt the investment lessons the hard way only. I have been investing […]
It’s my Five year Blog Anniversary | Thank you for your Support!
ReLakhs.com completes 5 years! I can’t believe it’s been 5 years since I started blogging! Five years is a long time in the blogosphere, and I’m glad to still be around 🙂 Actually, this post was ideally due in the first week of June itself. Since I was out-of-station and had to take-up other priorities, I […]
