Investors aiming to create a sizeable retirement corpus may opt for National Pension Scheme (NPS) or the Employees' Provident Fund (EPF). NPS is a voluntary contributary scheme where one can invest up to the age of 75. One can also withdraw 60 per cent of their corpus at the age 60 and get a monthly pension of the rest of their annuities. EPF, on the other hand, provide tax exemption.
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Ulta stock has been in a downward spiral after comments by the beauty retailer's CEO at a JPMorgan retail conference caught investors off guard. Since April 2, shares have been off by more than 18% after CEO Dave Kimbell warned of "a slowdown in the total category across price points and segments." Former LVMH chair Pauline Brown interpreted Kimbell's comments differently from nervous investors.
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GQG Partners Emerging Markets (EM) Equity Fund has emerged as one of the most popular actively managed funds among US investors seeking to gain exposure to the Indian markets, with its assets under management (AUM) hitting the $20 trillion mark. While the US-listed investment vehicle is not strictly an India-dedicated fund, the domestic equities account for over a third of its allocation.
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