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Showing posts from May, 2022

Equity Linked Saving Scheme

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We also know that the stock market is a stormy place for both beginners and experienced investors alike. Analysing and picking stocks is not everyone’s cup of tea and having a fund manager manage National Pension Scheme, nps your portfolio can be expensive on an individual level. Hence, there are instruments available like the Mutual funds and ELSS that help to diversify your portfolio and mini mise your risk. What is an ELSS ? An Equity Linked Savings Scheme(ELSS) is a mutual fund scheme that invests primarily in equity or equity related instruments. An ELSS helps in tax saving Get Early Retirement while also providing higher returns. ELSS invests in the shares of the listed companies on NSE and BSE. ELSS funds are built in specific proportions as per the investing objective of the fund. These funds can be built on the basis of Market capitalisation Pension fund (Large, Mid, Small cap) and across industry sectors (IT, Auto, Pharma) with the common objective to maximize capital ov...

What is co-creation? Everything you need to know about PensionBox’s co-creators community

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  Co-creation is the process of building a solution to solve a major problem with the people who are facing it. How to get retired at 40 Imagine a shoe company that creates shoes for the athletes according to their requirement as per their feedback, being well versed with details regarding their comfort and challenges beforehand and catering product accordingly. Won’t they make better shoes? Chances are, they will. How does it work? For decades, companies have made products first and then sold them to the users through marketing & advertising. Some companies did great and some didn’t. Co-creation bridges the gap between a company & its customers.Companies know about their customer’s need and the customers see the product in making from day one. With PensionBox, users can use the link: www.pensionbox.in/getearlyaccess to create their early access ticket. Post sign up, you will receive an introduction call from our founders or core team members. After the call, we help earl...

How do you think your grandmother manages her monetarily needs?

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 Does she get a monthly income to survive? If so, how much? Do you think that’s enough to sustain? Well, we see differences among men and women in almost every sphere of life. It can range from education, securing a job to having equal growth opportunities. National Pension Scheme, nps pay is just one of the many gaps that exist among genders that are not even discussed. The global gender gap report found out that there is a 9% gender pay gap which has further led to a 40% decline in pension paid to women as compared to men globally. The gender pension gap is the percentage difference of pension income between pension income received by men and women. This gap has proved to be more harmful to women as they have access to a lower stream of income. Our men however, seem to have things somewhat figured out when it comes to Financial Planning and it’s our women who need to become more woke about topics like retirement and pension planning. In India, most women do not even have acce...