Hello fishes

I want to start a investment plan for pention . Where should I invest in should it be mutual funds or a pention scheme

like
Posting as :
works at
You are currently posting as works at

Based on your risk appetite.

But if you want to balance inbetween .. you can do it in debt fund for 150k

Epf already deducted mandatorily
Apart from that you can choose 50k in nps per year. and option for you to ask employer to contribute 50k in NPS.

With this you can show for 250k in tax exemption

like

50% mutual
20%ppf
Nps and other options

like

If the goal is more than 10-15 years you can go with a simple index fund for the equity part and for the debt part you must already have EPF. You can always consult a SEBI based fee only financial advisor for these India and they charge a nominal fee and can guide you in the right direction.

like

It depends on your interest to learn to invest.
If you want to learn, then try mutual funds. But if you don't want that stress then better to invest in index funds which are easier.

like

Related Posts

This has probably been asked many times in this bowl - what’s the best hotel rewards program? I have the Chase Sapphire Preferred card and I’m a Southwest RR member. I travel maybe 25-30% of the time

How many of y'all have trust funds? What'd you do with the $$$?

like

How hard is everyone pushing their corporate clients to authorize nonresident assignees whose only 2020 US compensation was the value of their 2019 tax preparation?
My clients are pushing back on it this year, and I can't say I blame them. If I were in their shoes, I'd rather take the risk of not filing than the expense of filing again. From my own point of view, I don't really want to spend my time on such returns, either, even if the revenue and easy return are nice.

Any good insights/links around miner profitability analysis across the various bitcoin variants. (I mean taking into account block size, block time, incentive per block, difficulty level..)

likehelpful

Could someone give tips on where to find Luxembourg individual's income tax legislation? Thanks!

like

I am 29F and earning 13LPA. I have been working for 4 years of which 3.5 years I had very low pay and close to 0 savings. I have been able to save 6L now.

My investments below:
* Elss funds - 2 (total 1.5L annually)
* Large cap mutual funds - 6 (total 40K sip per month) current portfolio of 4L
* FDs - 2 of 25K each
*Medical insurance - company provided

Can someone advice if this is a good investment plan for future? What can I do better? Do I need another Insurance? Where else to invest?

likehelpful

Is it possible to have zero tax with 13.5 lpa with the following tax benfits ?
80C 1.5 lpa , 80 CCD(2) NPS 50k ,
Home loan 2 lpa.

like

Has anyone gone to an estate sale in the city?

like

Is anyone nervous about the whole Russia situation and how that may affect the market if an actual invasion takes place? Do you think it makes sense to take out investments just until things settle down, or even assuming the fed will increase interest rates? Thoughts?

likesmart

Can anyone explain why the Aston southend is so expensive ? 2.9k for a 1 bedroom?

like

Is there an app where I can see all the list of credit cards and the balance I owe, where the app doesn’t force me to enter bank log in details like mint

funny

Celebrate azadi ka amrit mahotsav and reach your financial freedom when India will be celebrating 100 years of independence. 🇮🇳🇮🇳
DM me on 7019194829 for more details!!

Post Photo
likefunny

Hi, Ive been working for 5 yrs now , but haven't made any investment or bought asset as such, no savings except the ppf. Please guide

like

Upload button in etax is not working for me. I am not able to upload any tax proofs because of the same. Anyone else facing the same issue?

like

Started my Roth IRA in 2019 and bought some funds that aren’t doing so well. I want to trade them for an index fund that the majority of my Roth IRA is in. Will I be penalized for “selling” before a certain amount of time? I don’t plan on taking the money out until retirement, just want to reallocate.

like

Parents- how much are you saving for your kids? Married mid 30s and family income is around 200k. We both max employer 401k. Have around 30k debt. Lcol and low mortgage. Would you pay off debt- or focus on kids savings? Oldest kid is 7 years out from college and will have some VA benefits.

like

Have 50k in a checking account at a local bank getting no returns. I like having liquid assets since I support currently myself & girlfriend and any unexpected expenses my mother & younger brother have. Any advice how to calculate what I should keep on reserve vs. invest + learn about consequences of pulling investments early (more tax, fees, etc.). I feel like the inability to access funds when my family needs it has been the reason I haven’t invested outside of 401k and have this cash reserve

like

Hey fishes, can someone tell me how the 80c bracket works, i know i can get exempt upto 1.5lakh under it, what i wanna know is does PF comes under it or not? For example if my yearly pf deduction is 20k and VPF is 10k so now will i still be able to show investment of 1.5lakh under 80c apart from PF and VPF or i'll be able to get exemption on only 1.2 lakh( 1.5lakh-30k= 1.2lakh)?

Thank you in advance!!

like

How are you all voting on the fair tax amendment? I am voting no because I do not want to continue giving our government money until they fix the pension situation too. But curious to hear your thoughts.

like

“It turns out that wealth does trickle down, you just have to make them bleed first”

I guess they didn’t like bleeding so they’re trying to manipulate the markets in their favor AGAIN.

Post Photo
like

More Posts

Any freelance media strategists out there? Help needed for a small/mid-sized BtoB agency.

like

Is the SPHR or PHR license necessary to pivot into human capital? I have a MBA from a Top 15 school. Any thoughts?

Living her warmest, cuddliest life 🔥

Post Photo
like

Any recommended resume writing services? Especially in insurance industry

like

Don't you think it's high time ppl start calculating in hand salary and how much % hike to ask n all?? I feel that's immatured behaviour when few of them ask these questions 😐
Itna padliya, coding bhi ati h, exp bhi h... Phr kyu??

likefunny

Hi everyone! I'm looking to apply for a Strategy and Operations Role at Google . They are asking for 3 years of work ex but I only have slightly more than 2 years of work ex in Operations. Would it make sense to still try for it if I only meet the Operations side of requirements and not strategy side?

like

How is NTT Data for job security, growth and work life balance. I was asked to work in UK shifts, will I get any allowance for that??

like

We’re having an Indian wedding on a Sunday with ceremony in the morning, followed by lunch, and then cocktail hour + reception.

Given that the wedding starts early, we will have guests (~30) flying in the day before. What is the expectation in terms of arranging dinner for them? We’re trying to avoid having an additional event Saturday night - any idea on if these guests would need to have food arranged for them by us and what that could look like on a cost effective budget.

like

Hi Guys! Looking for refferal in HSBC as a Tech BA, location - gurgaon

Currently on notice and can join within 15 days!

Current YOE- 8

Any leads would be very much helpful!

Thankyou!

like

WOAH there’s a gaming bowl, super hype

Anyone here play apex? Thoughts on the latest season?

like

Anyone use Talkspace? What has been your experience?

like

Any physician scientists looking for a job in stealth co?

like

Can anyone suggest a good course/Set of courses to become Azure/GCP data engineer

Currently I am a Microsoft SQL DBA, 8 Years exp looking for suggestions

like

Could someone give tips on where to find Luxembourg individual's income tax legislation? Thanks!

like

Any insights on Cloud consultant role in GCP PSO in terms of project pipeline, growth opps , wlb , etc.

like

I’ve been applying for jobs and internships in my field (looking for jobs in media production, social media, music, entertainment) for months with no luck. They say it’s about connections, but my connections are limited especially in these fields. I am constantly ghosted by recruiters and managers on LinkedIn. I have film PA experience, but other than that my background is in retail. Any advice going forward?

like

Does anyone else go get a haircut when they’re bored? I’m pretty bored rn and I’m thinking about getting a trim. 35 for cut + wash + tips tho 🥹🥹. I cut it 5/30. Should I wait a bit longer? I keep my hair relatively medium length so I feel like I have to cut it every 1-2 months before my bangs pokes my eyes

like

One of the executives at my job is really attractive. Sometimes I get “ lost” so I can walk by his office 🤭

likefunny

Moving from government to BigLaw as a 6th year. Since I'm coming in as a mid-level, I feel like this transition is different than a junior whom partners expect to know little. Any advice?

like

I am a sophomore at University of Arizona and am a Public Health major while getting a minor in Marketing as well. Do you think this is the best route to get into Pharmaceutical Sales by getting both the health/science and business/sales background or is there better options out there? Thanks!!

like

Additional Posts in Consulting India

Hello Folks,
Can someone please opine which one is better B/W CTS, TechM, Mindtree and Deloitte India in terms of onsite opportunities, particularly to Canada. For now CTS is offering 2.5 lakh more than Deloitte.

YOE : 7 Yrs
Skill sets : .Net Full Stack

Thanks in advance.

Hey Sharks,

Just an offtopic question.

What's the difference in online( Flipkart, Amazon) buying iPhone and direct from the shop as we can see prices of iPhone in the sales are less as compared to shop and also this prices from the shop never goes down when I say shop it means Vijay sales, croma, reliance, poorvika etc ..

like

Hi Fishes, How is Seimens as a Company?
I have an offer of 14LPA + 1L JB
YOE : 4.2 years

like

HCL Technologies Hi fishes, HCL is recovering retention bonus from employees if employee resignes. I got retention bonus in sept 21 after deducting TDS and I resigned in nov 21. Now in fnf statement they are recovering the actual amount given to me. Can i claim in ITR the TDS deducted in sept. HCL Technologies

Bain & Company What's yhe difference between Bain Capability Network and Bain & Co.? Do Bain and Co recruit for India posts? Or BCN only recruits for India openings? And how is it different from the parent company?Bain & Company

What should be be CTC of manual QA after 8 years of experience?

like

Hello everyone,
I need help in below 2 case studies. These should be implemented on ServiceNow
Please help me in making a correct path for this.
What would be the best practice for a BA

Post Photo
like

Does any know about Vidyalankar Institute of International Education, Mumbai?

Is doing an Onsite MBA from this institute worth it? It claims of giving international exposure and placement. Fees is around 25 Lakhs for 2 years.

Any suggestions or insights will be really helpful. Thankyou!

like

Do you tell your parents how much you make?

like

Hi All,

If it worth joining Accenture by leaving TCS. I heard so much like they follow hire n fire policy. Do they layoff every year?

Please advise my in hand monthly salary.

Post Photo
like

I have clear the Cognizant interview and hr discussion done. She said need to business approval for your expected CTC. How much time it will take for approval and BGV and to get offer letter? Please guide thanks 😊

like

Which one to choose? Michelin or Vodafone?
This is for data engineer profile having 6.5 years of experience. Both are giving 20 LPA as fixed.

like

I’ve always thought that I’m a decent human who cares about ppl I work with through my actions. got a reality check with only average response for LOOP where just 1 of many ppl that submitted cared to share detailed feedback. Since it is a longer projects working togethr for abt 1yr, with this being the only LOOP during it, suddenly I feel this is representative of their true perception of me. As a team I’ve had their backs in leadership discusions n feedbck, bt now I feel disappointed n annoyed

like

What is online assessment test in Accenture for experience associates? How many marks do we need to get to pass it. Anyone having idea on this?

Is it recommended to work on third party payroll for reputed product based client Or should I find another job? Actually I am worried about job security. I took this job because client is product company and gave me better package as compared to other offers I had from mostly service based companies. Please suggest!

like

L&T Technology Services Guys can you please share the destination hierarchy and yoe along with it in LTI software.

L&T Technology Services
L&T Financial Services

What is the in-hand salary I can expect for a 20LPA fixed in Capgemini…?

likefunny

Any job reference for .net technologies in Saudi Arabia including visa?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal