How PPFAS is trying to change wealth management with simple advice

Financial advisors sold her an unlisted debenture, promising good returns. When it came time for her to pay for her daughter’s fee, she found that the investment was illiquid. Later, she told the PPFAS team that she had no other option but to sell units in the PPFAS flexi-cap scheme to pay for her daughter’s … Read more

How India’s youngest pension fund gamed a falling market to outdo older rivals

To match the score of DSP’s fund, the new kid on the block, the sum of the funds that gave positive returns would need to be more than doubled. Among the 11 funds in this category, six recorded negative returns in the last year, according to the pension fund regulator’s NPS Trust website. A closer … Read more