Ive been reading your articles on investments for a while now and i do feel each individual requires a unique investment package to meet his long n short term goals keeping him outlook in mind.
I do not have an insurance and would want help in terms of retirement package,monthly investment schemes and equity bonds. I have several quiries regarding the same and would want to meet an investment adviser for the same.
The following I noticed in your advise.Will you please clarify whether the 10 % Bonus is applicable to NSC on maturity.
Regards.
C.V. PIllai
Quote your para below: If you're conservative look at PPF, a 15-year product that permits partial withdrawal after six years and offers 8 per cent tax-free interest. Then there's NSC, a 6-year product offering an interest rate of 8 per cent and a bonus of 10 per cent on maturity. The interest is taxable, though.