Generating Rs 4 crore with just Rs 3,500 monthly investment may sound like a distant dream but one can turn this dream into reality with the help of the power of compounding. The answer to generating such a sizeable corpus is consistency and disciplined investment. Therefore, lets understand how monthly investment in a systematic investment plan (SIP) can help achieve this target.

Midcap Mutual Funds: A type of mutual fund schemes, midcap funds hold assets in mid-sized companies.These firms are considered to be in the middle of the mcap spectrum, ranked between 101 and 250. Generally, the midcap segment is considered riskier than largecap but safer than smallcap.In this article, we will cover some of the top-performing midcap mutual funds in 5 years, according to AMFI data as of January 3, 2025. Read on to learn more about some of the top-performing midcap MF schemes.

Public Provident Fund (PPF) is a small savings scheme that currently offers an interest rate of 7.1 per cent. It allows any residents of India, including salaried, self-employed, and pensioners to invest in this popular investment scheme for retirement planning.

An emergency fund is important for financial security. It provides a safety net during unexpected situations. One can start by setting a savings goal, cutting unnecessary expenses, and consistently saving to build their fund.

Post Office Fixed Deposit (FD) and Post Office Recurring Deposit (RD) are popular investment options for those who are looking for risk-free returns. These schemes are not linked to the market, so the returns are guaranteed. In FD, one can invest a lump sum amount at once, while in RD, investors can invest money every month.

8th Pay Commission Approval: Prime Minister Narendra Modi today (Thursday, January 16, 2024) gave the go-ahead to the 8th Pay Commission, Zee Business reported.The tenure of the 7th Pay Commission will remain till the end of the year 2026. Union Minister Ashwini Vaishnaw gave information about the formation of the 8th Pay Commission.

As Nifty has corrected from the September highs by as much as 11 per cent, Anil Singhvi said that investors instead of investing in stocks directly can take the mutual fund route.