PMVVY stands for Prime Minister Vaya Vandana Yojana; a guaranteed pension scheme exclusively for senior citizens. This scheme provides immediate pension; means that if you deposit the money today, you will receive pension from next month onwards.
This scheme was launched on 04-May-2017 with the aim of providing long term, guaranteed and immediate pension to senior citizens.
Pradhan Mantri Vaya Vandana Yojana (PMVVY) Read More »
ELSS stands for Equity Linked Savings Scheme is an open-ended equity mutual fund with income tax benefits under Section 80C of the Income Tax Act.
ELSS invests majority of investments into equity and equity related assets and hence it is classified as “Equity” mutual fund.
ELSS is considered under “high risk, high returns” category of investments.
Mutual Funds – ELSS Read More »
Mutual Fund is a trust that collects money from many investors and invest in various asset classes (equity, debt, liquid asset, etc). It is called
Mutual Funds – An Introduction Read More »
