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Fund query: Equity-only portfolio not ideal for retirees - The Hindu BusinessLine


Fund query: Equity-only portfolio not ideal for retirees
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I am a 63-year-old retired person. My risk profile is moderate. I had a surplus amount of ₹45 lakh which I don’t need for the next 10 years. I invested it across three debt mutual funds in December 2020. I have started monthly Systematic Transfer Plans (STP) of ₹15,000 from each debt fund into the following equity funds for a period of seven years from January 2021. My source debt funds for the STPs are Mirae Asset Short Term, Axis Banking & PSU Debt and Kotak Low Duration Fund. My target equity funds for the STPs are Mirae Asset ESG Sector Leaders Fund of Fund, Axis Growth Opportunities and Kotak Pioneer. My aim is to grow the surplus amount at an annualised rate of inflation plus 3 per cent by the end of 10 years. Is my investment strategy and selection of mutual fund schemes on the right track? ....

Sector Leaders Fund Of , Kotak Low Duration Fund , Systematic Transfer Plans , Mirae Asset Short Term , Axis Banking , Kotak Low Duration , Mirae Asset , Leaders Fund , Axis Growth Opportunities , Nifty Next , Nifty Midcap , Your Fund Portfolio , Mutual Funds , Systematic Investment Plan , Fixed Deposit , துறை தலைவர்கள் நிதி ஆஃப் , கோட்டக் குறைந்த காலம் நிதி , முறையான பரிமாற்றம் திட்டங்கள் , மீரே சொத்து குறுகிய கால , அச்சு வங்கி , கோட்டக் குறைந்த காலம் , மீரே சொத்து , தலைவர்கள் நிதி , அச்சு வளர்ச்சி வாய்ப்புகள் , நிஃப்டி அடுத்தது , உங்கள் நிதி போர்ட்‌ஃபோலீயோ ,

Govt to launch unified digital payment system-531248


Govt to launch unified digital payment system
Banks, MFS accounts to become interconnected
22nd January, 2021 10:48:39
The government will launch a digital transaction platform with unified payment interface to support interoperable services among all accounts of traditional banks and mobile financial services (MFS).
The platform will enable cross-platform transactions irrespective of banks or mobile financial services as well as making any bill payment.
The ICT Division is now piloting the system titled Interoperable Digital Transaction Platform (IDTP) covering 57 banks, 15 mobile financial services (MFS) providers and other digital payment services, an official involved in the development said.
“We are testing the system now. It takes time to complete such projects. An MFS provider and a digital wallet application completed the testing. Some 10 banks are expected to complete the piloting by 30th this month (January). The system will help make real-time ....

Monirul Islam , Syed Mojibul Huq , Tanvira Mishuk , Bangladesh Bank , Interoperable Digital Transaction Platform , Mojibul Huq , Nagad Managing Director Tanvir , Major General Sheikh Md Monirul Islam , Govt To Launch Unified Digital Payment System , Mobile Financial Services , Digital Payment System , மோநிருள் இஸ்லாம் , பங்களாதேஷ் வங்கி , நாகட் நிர்வகித்தல் இயக்குனர் தன்வீர் , முக்கிய ஜநரல் ஷேக் ம்ட் மோநிருள் இஸ்லாம் , அரசு க்கு ஏவுதல் ஒருங்கிணைந்த டிஜிட்டல் கட்டணம் அமைப்பு , கைபேசி நிதி சேவைகள் , டிஜிட்டல் கட்டணம் அமைப்பு ,

Investors call for high-level action on humanitarian crisis at sea


Investors call for high-level action on humanitarian crisis at sea
Covid-19 strands 400,000 seafarers
Investors also want seafarers to be designated as key workers
Fidelity International is leading a group of 85 investors, managing assets worth over $2trn, calling on the United Nations to address the unfolding humanitarian crisis as 400,000 seafarers remain stranded at sea.
Several governments responded to the Covid-19 pandemic by closing their borders and banning seafarers from coming ashore, even for medical treatment in some cases. These restrictions have led to many.
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International Transport Worker Federation , United Nations , Ethos Foundation , International Labor Organisation , International Chamber , Fidelity International , Achmea Investment Management , Lombard Odier Investment Management , Shui Tan , Domini Impact Investments , Corey Klemmer , Cargo Ship , Jenn Hui Tan , Lombard Odier , Covid 19 , Corporate Social Responsibility , Corporate Governance , Worker Wellbeing , Worker Welfare , Ethical Investment , Ethical Investing , Impact Investing , Thematic Investment , Thematic Investing , சர்வதேச போக்குவரத்து தொழிலாளி கூட்டமைப்பு , ஒன்றுபட்டது நாடுகள் ,