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The average Inflation, Consumer Price Index (CPI) in India from 1958 – 2015 comes up to 7.46% per annum. The attached file contains the year on year inflation rates in India and the calculated average over the years. Hence, how much is the average inflation to be considered in India?

Mr. Gerard Colaco : We do not believe in risk profiling as it is commonly understood. This, in our opinion is a thoroughly useless activity. There is no way a client who is a unique individual with a unique personality, psyche and attitude can be accurately assessed for risk appetite by answering a few dumb questions in a risk profile questionnaire.

Is National Pension Scheme (NPS) is the best Retirement option compared to Employee Provident Fund (EPF) and Public Provident Fund (PPF)?

Investor: Views mentioned in the below mentioned link about NPS are right?

http://myinvestmentideas.com/2015/03/why-nps-is-the-best-retirement-option-compared-to-epf-and-ppf/

Mr. Gerard Colaco: I do not agree that NPS is the best retirement option compared to the EPF and the PPF. The article referred to by you starts with the Rs 50,000/- additional tax benefit given to the NPS from 1st April 2015 under Section CCD of the Income-tax Act. This is ridiculous. There was an existing benefit of Rs 1.5 lakhs to the NPS already under Section 80C, although this space was shared by other tax saving investment avenues too.