Index Fund Corner
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Scheme Name | 1-Year Return | Invest Now | Fund Category | Expense Ratio |
---|---|---|---|---|
Axis Nifty 50 Index Fund | +32.80% | Invest Now | Equity: Large Cap | 0.12% |
Axis Nifty 100 Index Fund | +38.59% | Invest Now | Equity: Large Cap | 0.21% |
Axis Nifty Next 50 Index Fund | +71.83% | Invest Now | Equity: Large Cap | 0.25% |
Axis Nifty 500 Index Fund | — | Invest Now | Equity: Flexi Cap | 0.10% |
Axis Nifty Midcap 50 Index Fund | +46.03% | Invest Now | Equity: Mid Cap | 0.28% |
The rates, effective from January 1, 2025, through March 31, 2025, will be identical to those for the third quarter of FY2024-25.
“The rates of interest on various small savings schemes for the fourth quarter of FY 2024-25, starting from January 1, 2025, and ending on March 31, 2025, shall remain unchanged from those notified for the third quarter (October 1, 2024, to December 31, 2024) of FY 2024-25,” said a finance ministry notification.
Key interest rates for small savings schemes:
–Sukanya Samriddhi Yojana: 8.2%
–Three-Year Term Deposit: 7.1%
–Public Provident Fund (PPF): 7.1%
–Post Office Savings Deposit: 4%
–Kisan Vikas Patra: 7.5% (Matures in 115 months)
–National Savings Certificate (NSC): 7.7%
–Monthly Income Scheme: 7.4%
The government’s decision to keep these rates stable follows a pattern seen over the past year, as rates have remained unchanged for four consecutive quarters. The last revision in these schemes was made in the fourth quarter of FY 2023-24.
These small savings schemes, primarily managed by post offices and public-sector banks, offer secure investment options for retail investors.
The interest rates are reviewed and updated quarterly by the Finance Ministry, reflecting economic conditions and government policy.