4 types of mutual fund SIPs

Systematic investment plan variants Systematic investment plans (SIPs) are an effective tool for investing in mutual funds for the creation of long-term wealth. SIPs allow investors to put in fixed amounts at predetermined intervals. Here are the different variants: Regular SIP A regular SIP is the plain vanilla variant and the most common type. Here,…

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Back Paytm’s new feature lets users to pin their favourite repeat payments for faster UPI transactions; how to use it?

One97 Communications on Monday enabled the ‘pin recent payments’ feature on the app. With this feature, the company which owns India’s leading payments and financial services brand Paytm brings one more innovative feature to facilitate convenient mobile payments for users. In a statement, Paytm Spokesperson said, “As the leader in mobile payments, we continuously bring…

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What Services of Paytm Will Be Affected From February 29 After RBI Action?

The Reserve Bank of India (RBI) earlier this week took a major action against One97 Communications, the owner of Paytm, regarding Paytm Payments Bank Ltd (PPBL) due to “persistent non-compliances and continued material supervisory concerns”. It barred PPBL, which houses all of Paytm’s 330 million wallet accounts, from accepting deposits or top-ups in any customer…

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What do the changes in NPS mean to you?

The scheme was launched with the aim of providing retirement benefits to all citizens of India What is NPS?The National Pension System (NPS) is a pension scheme introduced by the Pension Fund Regulatory and Development Authority (PFRDA) in India in 2004. The scheme was launched with the aim of providing retirement benefits to all citizens…

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