The bonds were issued in January 2018 for residents and Hindu Undivided Family (or HUF) members, and became instantly popular.
Investors include armed force veterans, govt employees, IT sector staff
If you are risk tolerant, adopt an aggressive investment strategy and invest in market-linked funds
Equity and debt mutual funds, NPS, EPF and PPF are some of the key instruments you should use to build your retirement corpus
The lack of saving is likely linked to low knowledge of how much money is needed in retirement, as well as many prioritising their immediate financial situation over planning for their older years
The report was prepared by WEF in collaboration with Mercer