Introduction The “Mahila Samman Savings Certificate” scheme, launched by the Department of Economic Affairs, Ministry of Finance, aims to provide financial security to girls and women in India. It was officially permitted for implementation by Public Sector Banks and eligible Private Sector Banks via an e-gazette notification on June 27, 2023. This move facilitates broader […]
Introduction The Mahila Samman Saving Certificate is emerging as a highly attractive financial product for women seeking a secure and rewarding way to grow their savings. According to the Mahila Samman Saving Certificate Calculator, investing Rs 50,000 in this scheme yields Rs 8,011 in interest over two years, totalling Rs 58,011 at maturity. For those […]
The year 2021 has been remarkable in terms of returns generated by equities and related financial instruments. Sectoral indices were seen outpacing the benchmarks Nifty50 and the S&P BSE Sensex. As we step in the New Year, Amit Jain, Chief Strategist – Global Asset Classes at Ashika Group, speaks about mantras to create wealth, investment strategy to […]
