Understanding Optionality in Bonds
Definition of Optionality in Bonds Optionality in bonds refers to the option-like features embedded within certain bonds. These features, known as embedded options, provide either the bond issuer or the bondholder with specific rights, though not obligations, to take certain actions in the future. What Are Embedded Options in Bonds? Embedded options are integral components…
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Now Senior citizens up to 70 years can join the NPS scheme
The Pension Fund Regulatory and Development Authority (PFRDA) made several changes to NPS including maximum age for entry-exit rules, choice of PF & Asset allocation, online exit facility, etc. PFRDA vide Circular no.: PFRDA/2021/36/SUP-CRA/14 August 26, 2021, revised the age of entry to NPS from 18-65 to 18-70. “In response to the large number of…
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Details of New Pension System (NPS)
The objective of the New Pension System (NPS) is to offer the market-based return on the investments which would deliver income security to the investors at their old age in the form of monthly pension. The scheme was originally introduced by the Government of India to provide a new scheme of pension to its staffs…
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Real Estate Services: A Comprehensive Overview
Real estate services encompass a wide range of professional offerings related to the purchase, sale, lease, rental, appraisal, and management of real property. These services are typically delivered by qualified professionals such as real estate agents, brokers, consultants, and property managers. They support both individuals and businesses in navigating the complexities of the real estate…
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Alternative Investments: Unlocking New Avenues for Portfolio Growth and Diversification
IntroductionAlternative investments represent financial assets that fall outside traditional categories like stocks, bonds, or cash. These investments offer investors access to unique opportunities for growth, wealth preservation, portfolio diversification, reduced volatility, and potential tax benefits. In India, the Securities and Exchange Board of India (SEBI) classifies Alternative Investment Funds (AIFs) into three categories: Category I,…
Pradhan Mantri Vaya Vandana Yojana (Modified- 2020) Scheme
Pursuant to Finance Ministry modified the PM Vaya Vandana Yojana (PMVVY) pension scheme for senior citizens, Life Insurance Corporation of India (LIC) has launched the non-linked, non-participating, pension plan subsidized by the Centre. The scheme will provide an assured rate of return of 7.40% per annum. This plan will be available for sale commencing from…
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