Public Provident Fund is a long term investment option which offers an attractive rate of interest and returns on the amount invested. The interest earned and the returns are not taxable under Income Tax. One has to open an PPF account under this scheme and the amount deposited during a year will be claimed under Section 80C deductions. The PPF has a minimum tenure of 15 years which can be extended in blocks of 5 years as per your wish. PPF alows a minimum investment of ₹500 and a maximum of ₹1.5 lakhs for each financial year i.e. from 1st April to 31st March.
Deposits into a PPF account can be made either by way of Cash/cheque/DD or through online fund transfer. Deposits need to be made atleast once every year for 15 years. Since PPF is backed by the Indian government, it offers guaranteed risk free returns as well as complete capital protection. If account holders are in need of funds and wish to withdraw before 15 years, the scheme permits partial withdrawals from year 7 i.e. on completing 6 years. An account holder can withdraw permanently upto a maximum of 50% of the amount that is in the account at the end of 4th year.
A mutual fund is a type of financial instrument made up of money collected from many investors to invest in securities like stocks, bonds, money market instruments and other assets. Mutual funds are operated by professional money managers who allocate the fund's assets and attempt to produce capital gains or income for fund's investors. Mutual funds give small or individual investors access to professionally managed portfolios of equities, bonds and other securities.
Unlike stocks, mutual fund shares do not give it's holders any voting rights. A share of mutual fund represents investments in many different stocks instead of just one holding. That's why the price of a mutual fund share is referred to as the net asset value (NAV) per share, sometimes expressed as NAVPS
Gold is one of the most preferred investments in India. High liquidity and inflation beating capacity are it's strong selling points not to mention the charm, prestige and so on. Gold prices shoot up when the markets face turbulence. Though there are times when markets experience a fall in gold prices, it doesn't last for long and always makes a strong comeback. Traditionally, investing in gold was by buying gold in form of coins, bullions, artefacts or jewellery. However there are newer forms of gold investments nowadays, such as gold ETFs (Exchange traded funds) and Gold Mutual funds
A comodity is a basic good used in commerce that is interchangeable with other goods of the same type. Traditional examples of commodities include grains, gold, beef, oil and natural gas. For investors, commodities can be an important way to diversify their portfolio beyond traditional securities. There are a number of ways to invest in commodities, such as future contracts, options and Exchange traded funds (ETFs)
A bond is a fixed income instrument that represents a loan made by an investor to a borrower (typically corporate or governmental). A bond could be thought of as an I.O.U. between the lender and borrower that includes the details of the loan and its payments.
Bonds are used by companies, municipalities, states, and sovereign governments to finance projects and operations. Owners of bonds are debtholders, or creditors, of the issuer. Bond details include the end date when the principal of the loan is due to be paid to the bond owner and usually includes the terms for variable or fixed interest payments made by the borrower. A bond is referred to as a fixed income instrument since bonds traditionally paid a fixed interest rate (coupon) to debtholders. Variable or floating interest rates are also now quite common.
A stock market, equity market or share market is the aggregation of buyers and sellers of stocks (also called shares), which represent ownership claims on businesses; these may include securities listed on a public stock exchange, as well as stock that is only traded privately, such as shares of private companies which are sold to investors through equity crowdfunding platforms. Investment in the stock market is most often done via stockbrokerages and electronic trading platforms. Investment is usually made with an investment strategy in mind.
Real estate is the land along with any permanent improvements attached to the land, whether natural or man-made—including water, trees, minerals, buildings, homes, fences, and bridges. Real estate is a form of real property. It differs from personal property, which are things not permanently attached to the land, such as vehicles, boats, jewelry, furniture, and farm equipment. You can invest in real estate directly by purchasing a home, rental property or other property, or indirectly through a real estate investment trust (REIT).
There are a number of ways to invest in real estate. Some of the most common ways to invest directly include:
1. Homeownership
2. Rental properties
3. House flipping
If you buy physical property (e.g., rental properties, house flipping), you can make money two different ways: Revenue from rent or leases, and appreciation of the real estate's value. Unlike other investments, real estate is dramatically affected by its location. Factors such as employment rates, the local economy, crime rates, transportation facilities, school quality, municipal services, and property taxes can drive real estate prices up or down.
A recurring deposit is a special kind of term deposit offered by bank and NBFCs(Non Banking Financial Companies) which help people with regular incomes to deposit a fixed amount every month into their recurring deposit account and earn interest at the rate applicable to Fixed Deposits.
Example- If you invest ₹500 every month for a year when the the interest rate is 7%p.a., you get ₹6234 after a year, which includes ₹6000 total investment and ₹234 interest earned. It is commonly chosen method of investment as a small amount needs to be paid every month and a lumpsum can be withdrawn on maturity.
The foreign exchange market is the world's largest financial market, accounting for more than $5 trillion in turnover each day. Comprised of banks, commercial companies, central banks, investment firms, hedge funds and retail investors, the foreign exchange market allows participants to buy, sell, exchange and speculate on currencies. There are a number of ways to invest in the foreign exchange market.
The forex market is a 24-hour cash (spot) market where currency pairs, such as the EUR/USD pair, are traded. Because currencies are traded in pairs, investors and traders are betting one currency will go up and the other will go down. The currencies are bought and sold according to the current price or exchange rate.
Neelam Kothari Soni is a well-known name in Bollywood. The actor started her career way back in 1984 with the film Jawaani and has since then worked in over 45 films. The Hum Saath Saath Hain actor quit showbiz in the year 2001, with her last film being Kasam, opposite Chunky Panday. Read on to know more about Neelam Kothari's business, net worth, and more.
Neelam Kothari's net worth
Neelam Kothari Soni has worked in around 47 films to date and her net worth is around $1 million. It is said that Neelam was on a vacation to Mumbai when she was offered her debut film in 1984, which turned out well for her as the actor then worked in the industry till 2001.
She had quit acting in films in the year 2001 and pursued a formal course in jewellery-designing. Neelam Kothari's income is mostly from her working as a jewellery designer since then and she now owns a store in Mumbai called Neelam Kothari Fine Jewels.
After studying Big Data and Analytics in 2009 from Carnegie Mellon University, Manisha Raisinghani, worked in the logistics space while working as a consultant for IBM Consulting. Interested by the ORION (On-Road Integrated Optimization and Navigation) software used by trucks in the UPS for logistics, she along with Dhruvil Sanghvi, who had attended the course with her, got thinking how they could replicate the UPS technology in other countries.
In January 2014, the duo quit their jobs and invested over $70K into building a product from ground up in about six-seven months. Thus, was born LogiNext Solutions in August 2014. A year later, about 60 companies have started using its services including the likes of Flipkart and Paytm. In its latest round, it has snapped $10 Mn funding from Paytm.
If you are even a wee bit familiar with the venture capital investing space in India, it is hard to miss out on one name in particular, Vani Kola, Managing Director of Kalaari Capital. Born and educated in Hyderabad, Vani got her bachelor’s degree in electrical engineering at Osmania University and then left to get a masters degree from Arizona State University, spending 22 years in the US. Kola co-founded Kalaari, after successfully building and selling two companies, Certus and Rightworks in Silicon Valley.
In 2006, she returned to Bangalore, founding Kalaari Advisors in 2006 to create an early-stage venture ecosystem in India. To date, Kalaari Advisors has funded more than 50 companies in India. Vani focuses on technology companies, leveraging India’s domestic growth to create high growth enterprises. No wonder, she has been identified as one of the top 10 entrepreneurs in Silicon Valley, and was listed as one of the most powerful women in Indian Business by Fortune India last year.
Mayuri Kango is most famously known for her roles in popular Bollywood films from the late 1990s. Her most memorable role is credited to Papa Kehte Hain (1996), in which she was popularly known as the girl from the song Ghar se nikalti hi. The actress also worked in the popular Nation Award-winning film Naseem in 1995. Kango is also known to be part of several other Bollywood films such as Betaabi (1997), Hogi Pyaar Ki Jeet(1999), Papa the Great (2000) and Badal (2000).
Kango has also worked in a lot of daily soaps. She eventually quit her acting career in 2003 after getting married to NRI Aditya Dhillon. She move dto the US and completed her MBA degree from City University of New York-Baruch College - Zicklin School of Business. She is known to start her work in the field of marketing with 360i as an Associate Media Manager.
Kango later moved to India and settled in Gurgaon with her child and started working with Publicis Groupe. And she joined Google India as the Industry Head. She was looking at all the partnerships with DAN and Publicis Groupe.
In an interview to IANS, Mayuri Kango was quoted saying, "I am super excited to be part of Google and lead partnerships with DAN and Publicis. I am looking forward to applying my experience of over a decade in the industry in the agency realm to grow these partnerships further. It is a wonderful opportunity to be part of this incredible team and I am looking forward to the next phase of my professional life."
She now works as Chief Anolog to Digital Conversion officer in a media agency based in Gurgaon, Haryana.
Two years ago, Rashi Menda would look into her closet with an assorted collection of unopened, unworn shopping bags sitting on the floor – and still find herself saying, ‘I have nothing to wear!’ Just like Rashi, millions of Indian women stock their closets with stuff worth over one billion dollars every year and still have nothing to wear. Wanting to change that, Rashi went ahead and launched Zapyle, an Instagram like fashion marketplace to discover, sell and buy pre-owned fashion attire. Zapyle assists preloved clothes and accessories in finding new wardrobes, so nobody will ever feel that they have nothing to wear, but rather have fun wearing it. The startup has raised $1 Mn in a funding round this September. Rashi holds a BSc in Economics-Finance from University of Minnesota, and before founding Zapyle, she had worked with Ernst and Young in the Tax and Risk analytics, and later for an ecommerce startup Unamia catering to apparel for kids.
A bond is a fixed income instrument that represents a loan made by an investor to a borrower (typically corporate or governmental). A bond could be thought of as an I.O.U. between the lender and borrower that includes the details of the loan and its payments.
Bonds are used by companies, municipalities, states, and sovereign governments to finance projects and operations. Owners of bonds are debtholders, or creditors, of the issuer. Bond details include the end date when the principal of the loan is due to be paid to the bond owner and usually includes the terms for variable or fixed interest payments made by the borrower. A bond is referred to as a fixed income instrument since bonds traditionally paid a fixed interest rate (coupon) to debtholders. Variable or floating interest rates are also now quite common.
A comodity is a basic good used in commerce that is interchangeable with other goods of the same type. Traditional examples of commodities include grains, gold, beef, oil and natural gas. For investors, commodities can be an important way to diversify their portfolio beyond traditional securities. There are a number of ways to invest in commodities, such as future contracts, options and Exchange traded funds (ETFs)
In India, Fixed Deposits are one of the most popular ways to save money. FDs are a safe investment, offer good returns and are easy to open.
In a Fixed deposit, you put a particular amount of money in your bank for a fixed time period at an agreed rate of interest. FDs are also called term deposits. Interest rates on FDs are fixed when you open the deposit and the rate depends on the time period that you wish to hold it for. Fixed deposits are secure as they offer guaranteed returns.
For example- If you invest a sum of ₹10,000 for a period of one year at an interest rate of 7% per annum, you get ₹10,700 after an year from the date of investment.
The foreign exchange market is the world's largest financial market, accounting for more than $5 trillion in turnover each day. Comprised of banks, commercial companies, central banks, investment firms, hedge funds and retail investors, the foreign exchange market allows participants to buy, sell, exchange and speculate on currencies. There are a number of ways to invest in the foreign exchange market.
The forex market is a 24-hour cash (spot) market where currency pairs, such as the EUR/USD pair, are traded. Because currencies are traded in pairs, investors and traders are betting one currency will go up and the other will go down. The currencies are bought and sold according to the current price or exchange rate.
Gold is one of the most preferred investments in India. High liquudity and inflation beating capacity are it's strong selling points not to mention the charm, prestige and so on. Gold prices shoot up when the markets face turbulence. Though there are times when markets experience a fall in gold prices, it doesn't last fir long and always makes a strong comeback. Traditionally, investing in gold was by buying gold in form of coins, bullions, artefacts or jewellery. However there are newer forms of gold investments nowadays, such as gold ETFs (Exchange traded funds) and Gold Mutual funds
A mutual fund is a type of financial instrument made up of money collected from many investors to invest in securities like stocks, bonds, money market instruments and other assets. Mutual funds are operated by professional money managers who allocate the fund's assets and attempt to produce capital gains or income for fund's investors. Mutual funds give small or individual investors access to professionally managed portfolios of equities, bonds and other securities.
Unlike stocks, mutual fund shares do not give it's holders any voting rights. A share of mutual fund represents investments in many different stocks instead of just one holding. That's why the price of a mutual fund share is referred to as the net asset value (NAV) per share, sometimes expressed as NAVPS
Public Provident Fund is a long term investment option which offers an attractive rate of interest and returns on the amount invested. The interest earned and the returns are not taxable under Income Tax. One has to open an PPF account under this scheme and the amount deposited during a year will be claimed under Section 80C deductions. The PPF has a minimum tenure of 15 years which can be extended in blocks of 5 years as per your wish. PPF alows a minimum investment of ₹500 and a maximum of ₹1.5 lakhs for each financial year i.e. from 1st April to 31st March.
Deposits into a PPF account can be made either by way of Cash/cheque/DD or through online fund transfer. Deposits need to be made atleast once every year for 15 years. Since PPF is backed by the Indian government, it offers guaranteed risk free returns as well as complete capital protection. If account holders are in need of funds and wish to withdraw before 15 years, the scheme permits partial withdrawals from year 7 i.e. on completing 6 years. An account holder can withdraw permanently upto a maximum of 50% of tye amount that is in the account at the end of 4th year.
A recurring deposit is a special kind of term deposit offered by bank and NBFCs(Non Banking Financial Companies) which help people with regular imcomes to deposit a fixed amount every month into their recurring deposit account and earn interest at the rate applicable to Fixed Deposits.
Example- If you invest ₹500 every month for a year when the the interest rate is 7%p.a., you get ₹6234 after a year, which includes ₹6000 total investment and ₹234 interest earned. It is commonly chosen method of investment as a small amount needs to be paid every mongh and a lumpsum can be withdrawn on maturity.
Real estate is the land along with any permanent improvements attached to the land, whether natural or man-made—including water, trees, minerals, buildings, homes, fences, and bridges. Real estate is a form of real property. It differs from personal property, which are things not permanently attached to the land, such as vehicles, boats, jewelry, furniture, and farm equipment. You can invest in real estate directly by purchasing a home, rental property or other property, or indirectly through a real estate investment trust (REIT).
There are a number of ways to invest in real estate. Some of the most common ways to invest directly include:
1. Homeownership
2. Rental properties
3. House flipping
If you buy physical property (e.g., rental properties, house flipping), you can make money two different ways: Revenue from rent or leases, and appreciation of the real estate's value. Unlike other investments, real estate is dramatically affected by its location. Factors such as employment rates, the local economy, crime rates, transportation facilities, school quality, municipal services, and property taxes can drive real estate prices up or down.
A stock market, equity market or share market is the aggregation of buyers and sellers of stocks (also called shares), which represent ownership claims on businesses; these may include securities listed on a public stock exchange, as well as stock that is only traded privately, such as shares of private companies which are sold to investors through equity crowdfunding platforms. Investment in the stock market is most often done via stockbrokerages and electronic trading platforms. Investment is usually made with an investment strategy in mind.
Neelam Kothari Soni is a well-known name in Bollywood. The actor started her career way back in 1984 with the film Jawaani and has since then worked in over 45 films. The Hum Saath Saath Hain actor quit showbiz in the year 2001, with her last film being Kasam, opposite Chunky Panday. Read on to know more about Neelam Kothari's business, net worth, and more.
Neelam Kothari's net worth
Neelam Kothari Soni has worked in around 47 films to date and her net worth is around $1 million. It is said that Neelam was on a vacation to Mumbai when she was offered her debut film in 1984, which turned out well for her as the actor then worked in the industry till 2001.
She had quit acting in films in the year 2001 and pursued a formal course in jewellery-designing. Neelam Kothari's income is mostly from her working as a jewellery designer since then and she now owns a store in Mumbai called Neelam Kothari Fine Jewels.
Mayuri Kango is most famously known for her roles in popular Bollywood films from the late 1990s. Her most memorable role is credited to Papa Kehte Hain (1996), in which she was popularly known as the girl from the song Ghar se nikalti hi. The actress also worked in the popular Nation Award-winning film Naseem in 1995. Kango is also known to be part of several other Bollywood films such as Betaabi (1997), Hogi Pyaar Ki Jeet(1999), Papa the Great (2000) and Badal (2000).
Kango has also worked in a lot of daily soaps. She eventually quit her acting career in 2003 after getting married to NRI Aditya Dhillon. She move dto the US and completed her MBA degree from City University of New York-Baruch College - Zicklin School of Business. She is known to start her work in the field of marketing with 360i as an Associate Media Manager.
Kango later moved to India and settled in Gurgaon with her child and started working with Publicis Groupe. And she joined Google India as the Industry Head. She was looking at all the partnerships with DAN and Publicis Groupe.
In an interview to IANS, Mayuri Kango was quoted saying, "I am super excited to be part of Google and lead partnerships with DAN and Publicis. I am looking forward to applying my experience of over a decade in the industry in the agency realm to grow these partnerships further. It is a wonderful opportunity to be part of this incredible team and I am looking forward to the next phase of my professional life."
She now works as Chief Anolog to Digital Conversion officer in a media agency based in Gurgaon, Haryana.
If you are even a wee bit familiar with the venture capital investing space in India, it is hard to miss out on one name in particular, Vani Kola, Managing Director of Kalaari Capital. Born and educated in Hyderabad, Vani got her bachelor’s degree in electrical engineering at Osmania University and then left to get a masters degree from Arizona State University, spending 22 years in the US. Kola co-founded Kalaari, after successfully building and selling two companies, Certus and Rightworks in Silicon Valley.
In 2006, she returned to Bangalore, founding Kalaari Advisors in 2006 to create an early-stage venture ecosystem in India. To date, Kalaari Advisors has funded more than 50 companies in India. Vani focuses on technology companies, leveraging India’s domestic growth to create high growth enterprises. No wonder, she has been identified as one of the top 10 entrepreneurs in Silicon Valley, and was listed as one of the most powerful women in Indian Business by Fortune India last year.
Two years ago, Rashi Menda would look into her closet with an assorted collection of unopened, unworn shopping bags sitting on the floor – and still find herself saying, ‘I have nothing to wear!’ Just like Rashi, millions of Indian women stock their closets with stuff worth over one billion dollars every year and still have nothing to wear. Wanting to change that, Rashi went ahead and launched Zapyle, an Instagram like fashion marketplace to discover, sell and buy pre-owned fashion attire. Zapyle assists preloved clothes and accessories in finding new wardrobes, so nobody will ever feel that they have nothing to wear, but rather have fun wearing it. The startup has raised $1 Mn in a funding round this September. Rashi holds a BSc in Economics-Finance from University of Minnesota, and before founding Zapyle, she had worked with Ernst and Young in the Tax and Risk analytics, and later for an ecommerce startup Unamia catering to apparel for kids.
After studying Big Data and Analytics in 2009 from Carnegie Mellon University, Manisha Raisinghani, worked in the logistics space while working as a consultant for IBM Consulting. Interested by the ORION (On-Road Integrated Optimization and Navigation) software used by trucks in the UPS for logistics, she along with Dhruvil Sanghvi, who had attended the course with her, got thinking how they could replicate the UPS technology in other countries.
In January 2014, the duo quit their jobs and invested over $70K into building a product from ground up in about six-seven months. Thus, was born LogiNext Solutions in August 2014. A year later, about 60 companies have started using its services including the likes of Flipkart and Paytm. In its latest round, it has snapped $10 Mn funding from Paytm.