Addressing the beneficiaries of Abua Awas Yojana (AAY), a state government-sponsored housing scheme, at Torpa in Khunti district, Soren said that the JMM-led dispensation had demanded eight lakh houses for the poor from the Centre as it had promised to provide accommodations to all the poor.
For moderately conservative investors, they suggest 50% exposure to equities and 50% allocation to gold and fixed income would still be a good option. Within equities, they are recommending index funds, or flexicap funds for large-cap allocations. Given the sharp run-up in mid and small cap stocks, investors should avoid lump sums in such schemes and allocation should be staggered over the next one year.
The Vida V1 has received a significant price cut and now starts at Rs 1.20 lakh while the V1 Pro is priced at Rs 1.40 lakh, including FAME II subsidy and charger. Click to know more.