NFO or New Fund Offer refers to the procedure through which an Asset Management Company (AMC) launches units of a new fund and makes units available for sale to the general public. The NFO period usually lasts for a short period of time and during this period units of the fund are priced uniformly at ₹10 per unit. Units of the fund are allocated to investors only after completion of the NFO.

A successful career is a stepping stone to a comfortable retirement after you turn 60. However, with a smart savings habit, you can build a corpus and actually retire by 40. This entails developing financial independence by 40 to live the rest of your life without worrying about income and expenses. Wondering how? Keep scrolling for a detailed guide!

ULIPs and mutual funds are market-linked investment options designed for long-term wealth creation, but they serve different purposes. Mutual funds focus on investment across equity, debt, or hybrid assets, with no insurance cover. ULIPs combine life insurance with investment, allocating premiums between protection and market-linked funds. Understanding their differences in cost, flexibility, risk, and tax treatment helps you choose the option that aligns with your financial goals.

PMPM is a measure that makes it easier for insurance companies and policyholders to understand the evolution of healthcare expenses. This measure refers to the Per Member Per Month or PMPM cost in health insurance. It helps determine the average monthly healthcare cost for a single person in a covered group.

Who does not want a comfortable retirement! For many, a ₹50,000 pension per month can mean living a retirement life with all the basic comforts. It is enough to meet basic living expenses, medical needs, and lifestyle costs in current times for those who choose to live a lean retirement.
Through this guide, we will help you understand how to get ₹50,000 pension per month with careful planning and an investment mindset.