With proper checks and balances, there’s no harm in retirement fund bodies betting a sliver of their corpus on budding entrepreneurs
According to latest data available with the market regulator Securities and Exchange Board of India (Sebi), Assets Under Management (AUM) of portfolio managers increased to Rs 6,17,208 crore at the end of May, from Rs 6,11,628 crore in the previous month.
Indian Railway Finance Corporation (IRFC) bonds are the new tax free bonds that have hit the market. Personal finance expert, Hemant Rustagi, Wiseinvest Advisors talked about the importance of having tax-free bonds in investors‘ portfolio.
In an interview to CNBC-TV18, personal finance expert, Hemant Rustagi of Wiseinvest Advisors shared his reading and outlook on different instruments that are available for tax saving in the debt space.
In an interview to CNBC, Pankaj Mathpal, Optima Money Managers clarified doubts about employees‘ provident fund.