Saturday, September 05
Planning for long-term wealth creation often begins with a clear goal and a disciplined investment plan. For many young earners, combining SIPs with the National Pension System (NPS) has become a popular strategy to build a sizeable retirement corpus.That’s exactly what Saurabh Yadav, a 33-year-old investor, government teacher, and viewer of The Money Show on ET Now, wants to accumulate in the next 30 years.Also Read | MF Tracker: Sundaram Focused Fund turns Rs 10,000 SIP to over Rs 1 crore in 2 decadesHis objective: Saurabh Yadav has set a long-term target of accumulating Rs 15 crore over the next 30 years. He began investing in July this year and currently runs a Rs 21,000 monthly SIP with a 5% annual step-up. His mutual fund portfolio includes:Parag Parikh Flexi Cap FundNippon India M
After nearly four months of back-to-back public offerings that helped Indian companies raise record primary-market capital, the coming week will be noticeably quieter. There are no new mainboard IPOs scheduled, marking a brief pause in what has been one of the busiest listing cycles in recent years. Instead, three SME issues will open for subscription, keeping the broader pipeline active even as large issuances take a breather.The slowdown follows a period when several high-profile companies, including Lenskart, Groww, Pine Labs and PhysicsWallah, tapped investors. Strong institutional flows and elevated retail participation had pushed subscription numbers sharply higher across many mainboard offers. But with the year coming to a close and markets turning selective, the near-term schedule
The Bank of Japan is "nearing" a decision to raise interest rates and will not wait until after next year's spring wage negotiations end, its board member Kazuyuki Masu was quoted in the Nikkei newspaper as saying. The remark follows those by Governor Kazuo Ueda on Fridaysignalling the chance of a December rate hike, and highlight a growing momentum within the board for a near-term increase in Japan's still low borrowing costs. "I can't say what month it'll be, but in terms of distance, we're close," Masu said on the timing of the central bank's next rate hike, according to the Nikkei, which interviewed him on Thursday. In a separate interview with Jiji news agency published on Saturday, Masu said the economic environment for raising interest rates was already falling into place. "It would
