Planning a Rs 10 crore retirement corpus? Know the mutual fund SIP amount you need
See how your starting age can dramatically change the monthly SIP needed to build a Rs 10 crore retirement corpus by age 60, assuming a 12% annual return.
Similar Posts
Have ₹1 crore? How to invest the amount, depending on your age; build wealth, balance growth and make the money last
Having ₹1 crore can bring relief, excitement and plenty of spending ideas. You may consider buying a bigger car, upgrading your home or taking holidays. However, the money needs a clear purpose before you spend or invest it. The same amount serves different needs at different stages of life. A young professional may want growth…
Warren Buffett is giving away $140 billion to charities. But what happens to the taxes?
Warren Buffett, who started giving away his wealth two decades ago, has pledged to completely dispose of his roughly $140 billion stake in Berkshire Hathaway Inc. by 2034. His latest donation, comprising 12 million Class B shares, is instead going to four foundations led by his children, Susie, Howard and Peter. Noting that his children…
Greaves Electric Mobility’s Rs 530 crore rights issue offer gets fully subscribed
The Rights issue by the e-mobility arm of Greaves Cotton Ltd secured 100% subscription on Monday, according to a regulatory filing by the company on the BSE. The issue was fully subscribed by GEML’s existing shareholders, including Greaves Cotton and Abdul Latif Jameel Green Mobility Solutions (ALJ), in proportion to their existing shareholding.According to chairman…
Sterlite Tech, HFCL gain 5% each on reports of US ban on Chinese data centre devices
Shares of Sterlite Technologies and HFCL rallied 5% each on Wednesday following reports that the US administration is considering a ban on Chinese data centre equipment imports. Sterlite Technologies touched a day’s high of Rs 636, while HFCL climbed to Rs 212. According to a Reuters report, the Trump administration is drafting a ban on…
Mutual fund flows decoded: Why AMFI’s monthly data matters for investors
Every month, mutual fund industry body AMFI releases data on inflows and outflows across different fund categories. These numbers are tracked by investors and analysts as they offer clues about investor sentiment and where the money is flowing. WHAT ARE MUTUAL FUND FLOWS? Fund flows are the net amount of money investors put into or…
2 crore ITRs already filed: Experts explain why you must submit your tax returns before 31 July deadline
Have you filed your income tax return? Are you aware of the essential documents required in your case to file your taxes properly? If you don’t, as per experts, this is the opportune time to refocus, collect essential information and documents such as your Aadhaar, PAN, salary slips, and other similar documents, and proceed with…
