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How to Pick Mutual Funds That Beat the Market

  Smart Strategies for Investing in Mutual Funds: A Guide to Maximising Your Returns One of the most well-liked investing options for people looking for expert management and diversification without having to choose individual equities is a mutual fund. One of the easiest ways for people to accumulate wealth over time is through mutual fund investments. Mutual funds combine the capital of numerous individuals to invest in a diverse portfolio of stocks, bonds, and other securities, in contrast to direct stock market investing, which necessitates considerable time, study, and risk tolerance. Mutual funds are a well-liked option for both new and experienced investors due to their expert management and diversification. But merely investing in a mutual fund and crossing your fingers seldom yields the best outcomes. A comprehensive approach that matches the appropriate fund selection and management strategies with your financial objectives, risk tolerance, and investment timeline is nece...
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New pension rules will apply from 1st April 2020








The central government has changed the pension rules. With this, the pensioners who opted for commute pension at the time of retirement will re-apply full pension after 15 years of retirement. The Ministry of Labor has issued a notification to the new rules. This decision will benefit 6.3 lakh pensioners who retire before 26 September 2008. With the new notification, the full pension system will be re-implemented for EPFO employees 15 years after retirement. If an employee retires on 1 April 2005, he will get more pension after 15 years i.e. from 1 April 2020.


Under the Employees Pension Scheme (EPS) rules, EPFO ​​members who retire before 26 September 2008 can take a maximum of one-third of the total amount of pension as a lump sum (commuted), while the remaining two to three of their lifetime pension. Used to be as under the current rules of EPF, EPFO ​​members do not get the option to get communication benefits.


Under Section 12A of the Employee Pension Scheme, an employee could claim one-third commuted pension (lump sum) instead of monthly pension. Now as per Section 12B added on February 20, 2020, employees who have taken commuted pension under Section 12A will get the benefit of full pension after 15 years.


During retirement, an employee can get 40% of the basic pension he commits. Simply put, the employee takes 40% of his seven-year pension in advance from the government. The government deducts 8,000 rupees from his pension every year and recovers the pension given in advance. Earlier these deductions were made till the pensioner's pension till the end, but now in the new system, it will be recovered for 15 years of retirement. After this, the employee is paid his full pension.



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