We plan to bring eChai across 100 cities in India. It starts with eChai Startup Demo Day on 26 September, all in person. 11 cities confirmed, 325 founders registered. Any city that reaches 20 interested founders is on too. See your city
Fixed income & safety

PPF, NPS, FDs, and debt funds

The safe corners of an Indian portfolio, and what each one is actually for.

Are PPF and NPS worth it for a founder? They can be, as the safe, tax efficient corner of a long term portfolio, but they are not a full plan. PPF is a very safe, long lock in, tax free g... 4 resources → What is a debt fund, and when should I use one? A debt fund is a mutual fund that lends money (to governments and companies) rather than buying shares, so it aims for steadier, more modest return... 4 resources → How is the interest on my FDs and debt funds taxed in India? Treat them differently. FD interest is added to your income and taxed at your slab rate every year as it accrues, and the bank deducts TDS along th... 3 resources → Are Sovereign Gold Bonds a safe way to hold part of my savings? Sovereign Gold Bonds are issued by the RBI and track the price of gold, and they pay a small fixed interest on top, currently around two and a half... 2 resources → Should I lock money in PPF when I might need it for the startup? Be careful here. PPF is one of the safest, most tax friendly ways to build a long term corpus in India, with a fifteen year lock in and government ... 3 resources → How much of my money should sit in safe fixed income versus everything else? There is no single right number, but the honest starting point for a founder is that you already carry enormous risk in one illiquid, undiversified... 4 resources → Should I put my 80C tax-saving money in ELSS or PPF? They solve the same 80C tax deduction but they are not the same kind of money. PPF is safe, government backed, and locked for fifteen years, with r... 4 resources →
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