Manish Aggarwal (Financial & Legal Consultant)

1. What is NPS ( National Pension Scheme )? The National Pension Scheme is a social security initiative by the Central Government. This pension program is open to employees from the public, private and even the unorganized sectors with the exception of those from the armed forces. The scheme encourages people to invest in a pension account at regular intervals during the course of their employment. After retirement, the subscribers can take out a certain percentage of the corpus. As an NPS account holder, you will receive the remaining amount as monthly pensions post your retirement.  Earlier, the NPS scheme covered only the Central Government employees. Now, however, the PFRDA has made it open to all Indian citizens on a voluntary basis. NPS scheme holds immense value for anyone who works in the private sector and requires a regular pension after retirement. The scheme is portable across jobs and locations, with tax benefits under Section  80C and Section 80CCD ...

Mutual Funds are investment schemes which have been professionally managed to give the investors the best result on their investment. There is a list of mutual funds that people can invest their money in. These investments are managed and critically analysed by professionals to minimize the risk. In mutual funds, money is pooled together from different sources of investors and invested into different platforms. The professionals in this segment have ample knowledge about the top 10 mutual funds to invest in. These place include debt, equity, money market securities etc. There is a list of mutual funds that people can invest money in. These include the best options as the banking sector and the finance sector. These have been the best alternatives as they also yield higher profits and also maintain a steady growth. One of the reasons why these are the top 10 mutual funds to invest in is because of the growing economy. With the growing globalization and emerging market sector, the...