Latest Post Office Interest Rates: Savings Deposit = 4%, Fixed Deposits = 5.5%, Recurring Deposits = 5.8%, National Saving Certificate (NSC) = 6.8%, Post Office Monthly Income Scheme (MIS) = 6.6%..
RBI Retail Direct Scheme helps to invest in RBI Bonds and Government Securities. Retail Direct Gilt Account will hold and display the bonds. No charges or commission fee of any sought
As seen, it’s possible to become a crorepati and accumulate Rs. 1 crore & more even after investing just Rs. 5000 per month in good mutual funds..
The future is Index Mutual funds and we have 2 index funds at the top of the list in Best Mutual Funds to Invest in 2022. These mutual funds belong to large and mid cap categories..
How to Save Income Tax in India? You don’t have to pay tax if your taxable income is below Rs. 5 Lacs in a Financial Year with old tax regime
This excel helps us in understanding How Compounding Works in Mutual Fund via SIP or Lump sum investments. Compounding happens monthly when SIP frequency is monthly..
Step up SIP Calculator using Excel helps you to calculate Step up SIP returns. It’s a method to increase your SIP amounts periodically over time
The best way to earn maximum interest in PPF is to deposit maximum amount of Rs. 1.5 Lacs in the month of April between 1st to 5th day. This means if you deposit Rs. 1.5 Lacs before or on 5th day of April (start of financial year), you’ll get maximum interest in PPF from April month onwards throughout the financial year.
You can easily calculate SIP and Lump sum returns of any Mutual fund for next 30 years using the excel calculator provided in this article. SIP and Lump sum investment options will help you to understand the total amount you will be able to accumulate over a period of time.
RD Calculator in Excel helps you to calculate interest in RD (Recurring Deposits). RD formula in excel is very simple – monthly interest rate * balance / 100..