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Ask us: on investments - The Hindu

Updated: April 11, 2021 22:40 IST Updated: Mutual funds are not meant to provide regular dividend options. Share Article AAA Model house, house keys and contract: real estate, loans and investments concept. Sealing a deal. Home Front view standing at the contract with keys and pend   Mutual funds are not meant to provide regular dividend options. Q. I am a 28-year-old working in a PSU for the last 4 years. All my monthly income goes towards repaying a home loan that I took 2 years ago, supporting a brother and a sister in their education and monthly expenses of parents (purchased house) and wife (rent) who live separately.

Is PMVVY better than other senior citizen schemes - The Hindu BusinessLine

Is PMVVY better than other senior citizen schemes × Returns are superior to immediate annuity plans, but SCSS can secure better rates for new investors sooner if the cycle turns from here The relentless fall in India’s interest rates over the last six years has been hard on retirees and regular income seekers. For seniors, exploring special government schemes before bank deposits or debt mutual funds makes a lot of sense, as they offer superior returns with high safety. We take stock of the modified Pradhan Mantri Vaya Vandana Yojana (PMVVY) and stack it up against competing avenues. Features PMVVY is a guaranteed pension scheme offered exclusively by the LIC. Open only to individuals who have completed 60 years, it promises regular pension payments at a monthly, quarterly, half yearly or yearly frequency in return for an upfront investment (called a purchase price).

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