Author: Naresh Saini

In the realm of personal finance, achieving the coveted status of a ‘crorepati’ (a person with assets worth ₹1 crore or more) is a common aspiration. While this goal may seem daunting, the SIP 25x12x15 formula offers a structured and attainable pathway to reach it. By investing ₹25,000 monthly for 15 years at an annual return of 12%, you can accumulate a corpus exceeding ₹1 crore. ​ Understanding the SIP 25x12x15 Formula The SIP 25x12x15 formula is a straightforward investment strategy: ​ Applying this formula, your total investment over 15 years would be ₹45 lakh (₹25,000 x 12 months x…

Withdrawing funds from your Employee Provident Fund (EPF) is a significant financial decision, and understanding the associated paperwork is crucial. One essential document in this process is Form 15G, which helps you declare that your income falls below the taxable limit. In this comprehensive guide, we’ll delve into the intricacies of PF withdrawal, focusing on the steps to download and fill Form 15G. Understanding the EPF Withdrawal Process Before delving into the specifics of Form 15G, it’s essential to grasp the general process of withdrawing funds from your EPF account. EPF is a retirement savings scheme in India, and members…

When it comes to safe and stable investments, Fixed Deposits (FDs) and Post Office Time Deposit (POTD) accounts are two of the most preferred options by Indian savers. Both instruments are known for their low risk, guaranteed returns, and ease of access. But while they may seem similar on the surface, there are key differences in their features, returns, taxation, and accessibility. Before choosing where to park your money, it’s essential to understand how both options work. Now let’s break down both options in depth. Interest Rates Comparison: Which Offers Better Returns? Interest rates are often the first factor people…

In today’s changing financial landscape, where interest rates are moving downward, investors are looking for safer and more rewarding short-term options. For many, fixed deposits (FDs) have been the go-to choice. But now, low-duration mutual funds are gaining attention due to their better returns and low risk. Let’s understand how these funds work, why they are a better option than traditional FDs in certain scenarios, and what you should keep in mind before investing. What Are Low-Duration Mutual Funds? Low-duration mutual funds are a type of debt mutual fund that invest in short-term debt instruments. These instruments include commercial papers,…

For most private sector employees, retirement planning depends a lot on the Employees’ Provident Fund (EPF) and Employees’ Pension Scheme (EPS). While EPF is often discussed, many people are still confused about how EPS works and how much monthly pension they will receive after retirement. In this article, we explain in very simple language how you can calculate your monthly pension under EPS, what the eligibility rules are, and how your years of service and salary affect your pension amount. This is especially useful for those doing private jobs and looking for financial stability in their old age. What Is…

Warren Buffett is one of the most respected investors in the world. His success is not just about being lucky or investing early in big companies—it’s about having a clear understanding of what he knows and what he doesn’t. One of his most powerful ideas is the “Circle of Competence”. This rule is simple but powerful: Invest only in what you understand. In India, where startup culture is booming and more and more people are trying their luck in the stock market, this idea is more important than ever. With new startups launching every week, many investors are jumping in…

In today’s world, retirement doesn’t mean the end of financial responsibilities. With people living longer and healthcare expenses increasing, it is important to plan properly for life after retirement. Especially for private sector employees where pension is not guaranteed, creating a steady monthly income becomes very important after 60. With smart investments across mutual funds, annuities, fixed deposits, and government savings schemes, anyone can set up a regular income system that works like a monthly salary. Let’s understand how a good mix of financial tools can help you stay financially independent in your golden years. Longer Life, Bigger Responsibilities: Why…

In Uttar Pradesh, the CM Yuva Udyami Yojana has become a successful support system for young people wanting to become self-employed. Thousands of youth have already used the scheme to launch their small businesses. Now, under the second phase, the government is giving even more support by offering a loan of up to ₹7.5 lakh with 50% interest subsidy—and that too without any guarantee. Let’s break down how you can get this second loan, what conditions you must meet, and how much benefit you can expect. Who Can Apply for the ₹7.5 Lakh Loan? To be eligible for this second…

When it comes to mutual fund investing, two popular routes are Systematic Investment Plans (SIPs) and lumpsum investments. While both can help in wealth creation over the long term, the way they work and the benefits they offer are quite different. Investors are often confused about which strategy will give better returns and more convenience based on their financial goals. Let us break down the difference between SIP and lumpsum investments and find out which can give better returns, lesser risk, and more benefits when you invest a fixed amount like Rs 10,000. What is a Systematic Investment Plan (SIP)?…

In India, gold is not just a metal. It is an emotion. From festivals to weddings, we Indians have always had a strong attachment to gold. It stands for wealth, safety, and tradition. But now, the way people invest in gold is changing. Earlier, people used to buy gold jewelry, coins, or bars. But today, many investors are looking at a smarter, safer, and more convenient option – Gold ETFs (Exchange Traded Funds). The big question is – has Gold ETF given better returns than physical gold over the long term? Let’s understand this with real data. What Is a…