In an exclusive interview with CNBC-TV18’s Udayan Mukherjee, Mark Mobius, known as emerging market guru, said that market is poised for the next big bull rally. He justifies his claim for the forthcoming bull market based on valuations, flows of funds, the amount of money being printed by the governments around the world, low inflation and low interest rates. He feels that the worst for the markets is over.

Emerging mkts on cusp of next big bull run: Mark Mobius
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Source: Moneycontrol.com

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Buy bluechips trading at 10-12 times P/E: Raamdeo Agrawal
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Source: Moneycontrol.com

Investment in Public Provident Fund (PPF) with discipline and systematic approach can build sizable retirement corpus. Many of you would know some of the amazing facts and features of PPF, but there are lesser known facts and features, which the author Sandeep Shanbag has explained with greater details in an article in DNA Money. Go through the salient features of PPF and download the PPF excel sheet, which will tell you how much your corpus would be at the end of 15 years, 20 years or 25 years.

Albert Einstein is quoted as saying, “The most powerful force in the universe is compound interest.” The key to build a large corpus is to start investing early in your life to take the maximum benefit of compounded interest. One of my favourite quote, ‘The best time to plant a tree is twenty years ago. The second best time is now’ will tell you that even if you have not started saving yet, or were not able to do it, it’s never too late. Start investing now and you can still see the power of compounding 15 years from now.

Some of the salient features of PPF are:

- 100% secured investment, offered by Government of India
- Tax deduction under section 80C
- 8% per annum tax free return
- Withdrawal up to 50% of your balance before the 4 years of the year of withdrawal
- After the end of 15 year period (actually 16 years), the PPF account can be extended for another block of 5 years, indefinitely.
- In an event of bankruptcy, no one can touch your PPF balance, not even Government of India

Download PPF Calculator which shows the corpus at the end of 15 years, 20 years and 25 years for the yearly investment amount of Rs.12,000, Rs.24,000 and Rs.70,000.

Click here to download PPF Calculator (Excel Sheet)

Don’t ignore the old warhorse – PPF
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Source: DNA Money

PPF account opened when one was a resident can be operated after becoming an NRI
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Source: The Financial Express

PPF investment benefits unavailable to HUF
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Source: The Financial Express

Personal Finance: Shanbhag Wonderland: Provident Planning
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Source: Business Today

Outlookmoney: Small Savings – Public Provident Fund – PPF
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Source: Outlook Money

THE PUBLIC PROVIDENT FUND SCHEME, 1968
[Issued vide Government of India, MOF (DEA) Notification No. GSR 1136 dated
15.6.1968 and further amended from time to time]
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Source: India Post

Rakesh Jhunjhunwala, Trader and Investor, feels the Nifty May touch 3850-4000 during the year. Ridham Desai, Managing Director, Morgan Stanley, believes the Sensex will range between 7000 to 15000 by December. According to Vallabh Bhansali, Chairman, Enam Securities,  elections would not be the turning point for the markets.

Here is a verbatim transcript of the exclusive interview with Rakesh Jhunjhunwala, Vallabh Bhanshali and Ridham Desai on CNBC-TV18. Also watch the accompanying video.

Elections ‘09: Rakesh Jhunjhuwala, Vallabh Bhansali debate
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Source: Moneycontrol.com