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8-4-3 rule of compounding: How to accumulate Rs 1 crore in just 15 years

[ad_1] The 8-4-3 rule of compounding is a guideline that suggests how much money you need to invest each month to achieve a specific corpus over a given period, assuming a certain rate of return. Here are some basic rules of investing to build a good corpusStart investing early: The earlier you start investing, the…

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States out of NPS: Corpus will keep getting returns

[ad_1] NEW DELHI: Pension regulator said on Friday that employees of some of the Opposition ruled states, which have opted out of the National Pension System (NPS), will continue to earn returns on the corpus that is under the contributory pension model. The regulator also nudged banks and other intermediaries to enroll more subscribers from…

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IPOs: Most IPOs in 2023 gain more than sensex

[ad_1] MUMBAI: In a year when key equity benchmarks scaled new highs and rallied nearly 20% making investors richer by about Rs 85 lakh crore, 55 of the 59 issues gave IPO investors handsome returns of 45% on average. In fact, 2023 turned out to be an outlier for primary market investors when 59 companies…

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Sensex: Stay invested through market highs & lows

[ad_1] MUMBAI: If you simply owned the sensex in 2023, you would have logged over 18% returns in a year — beating most conventional assets and perhaps even some Wall Street players who had forecast 5-6% returns this year.Now above 72,000 points, the sensex is at a higher level than what some analysts predicted it…

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