Skip to main content


Showing posts from May, 2019

NCC plunges 17% intraday

“All’s well that ends well”, but the end of the May month did not remain well for NCC as just a few hours after Jagan Mohan Reddy took control as a CM of Andhra Pradesh, NCC’s stock has started losing its market capital with the falling price of nearly 17% intraday.
The reason supporting this was certain reports indicates that the new government has decided to cancel all the works allotted before 1st April 2019 which has not commenced yet. If this is happening then NCC may lose orders worth Rs 6,100 crore.
On this note the company’s management revert, that company has not received communication from the new government yet, even though these orders are canceled company has a strong order book for FY 2019 -20 worth Rs 35,000 crore excluding complicated orders of Rs 6,100 crore.
But amid all, sentiment about stock has gone to the negative side sharply with big volume that gives it a giant fall of around 17%. On NSE stock has made high of 109 in the morning but after that, it went down up…


In my last blog, we have seen how you can invest with NPS, benefits of NPS and where your money going to invest in NPS. Today we will check out how this small and regular monthly investment in NPS can create big corpus and guaranteed PENSION plan for TENSION FREE LIFE.

NPS at Retirement
At the age of 60 yrs you have 3 options with NPS:-

1) You can continue your investment till the age of 70. 2) You can defer your withdrawal till the age of 70 with no new investment. 3) Exit from the NPS.
First and second options indicate more investment with more benefit of compounding for another 10 years, and wait of 10 years for the pension with no new investment for getting the advantage of compounding interest respectively.
Let’s discuss the 3rd option in detail as it has all the limelight i.e. exit from the NPS At the time of exit, you will get choices of lump sum and pension (annuity).
Withdrawal limit of LUMP SUM – 0% to 60% of the total corpus generated that is TAX-FREE.
So PENSION will get 4…

NPS - Must be or May be?

In a country like India, people do worry about their Retirement, so there is NPS (National Pension Scheme) as the name suggests pension it’s a retirement scheme, so it is a long term bet. Let’s find out what, why, who, where, how about NPS.
Q – Is this scheme for everyone? A – Yes, if your age is between 18-65 yrs. A resident of India and even NRI can also invest in NPS.
Q – How & where can I open my account? A - 1st – OFFLINE For government employees mostly there account open at the time of joining but if it’s not then you can contact at the nodal center in your department only, they will generate your PRAN (permanent retirement account number), it’s a unique and portable same like your PAN, and then you can invest.
For Non-Government employees, they need to go to POP (points of presence) center. Generally, they are authorized banks of your area, you have to submit your KYC documents, fill up the registration form, they will generate your PRAN, and then you can invest.
To know your nea…

FD & RD - Pros & cons

When we talked about investment, the first question comes in our mind is safety, so today we’ll talk about two safest investment FD (fixed deposit) & RD (recurring deposit).

Fixed Deposit Recurring Deposit What is it?

Rate of Interest


You need to invest any lump sum amount one time for already fixed tenure in a bank.
1 year to 5 years
10% TDS on > 10,000Rs
7 % – 8.5% Senior citizen 0.50% extra
60,000 for 1 year with 7% interest
You will get 64,337 Rs

Only savings won’t save you, Investing will!

In a country like India, we have always been taught lessons of saving of money from our parents, but only savings will never make us reach to our targets, in fact till the last decade we were mostly never sat any targets for money. We were kept on savings it and we were kept on spending it for unnecessary and unplanned expenses, therefore in the must face expenses called retirement and our children’s education we sometimes remain empty-handed.

Why these happen??Two reasons... first our money never works for us, second we mostly don’t know how it works for us.
But don’t worry, as someone said it’s never too late to learn anything. Trust me it’s simpler than any easy subject you were liked in school. We need to set reasons for our saving money if you have more than one reason then make it separate saving for each reason.
We also need to understand inflation, we must need to. Inflation means the rate at which prices are rising of the things we are using. Example – in the year 2000 Punjabi …