Business
Building wealth for retirement: How to plan Rs 1 lakh monthly passive income? Experts outline safe and risky routes – The Times of India
For most Indians, the fear of outliving retirement savings looms larger than ever as life expectancy rises and medical costs climb. Picture this: your morning coffee in retirement, bills paid, lifestyle intact — and all of it supported by a steady Rs 1 lakh monthly income. Financial planners say this is possible, but the secret lies in building the right retirement corpus and matching it with your risk appetite.Depending on the investment route you choose, the required savings range from Rs 1 crore to Rs 2 crore. Safe options like annuities and fixed deposits can work with Rs 2 crore, while those willing to take higher risks may target the same income with just Rs 1 crore in diversified equity funds.How much do you need to earn Rs 1 lakh a month?To generate Rs 12 lakh annually, the required corpus depends on the rate of return. With Rs 2 crore, investors can choose safer instruments like annuities, debt funds or fixed deposits, which typically offer around 6% returns, according to an ET report. For those with Rs 1.5 crore, instruments offering 8% returns, such as the Senior Citizens’ Savings Scheme, balanced hybrid funds or equity savings funds, may be enough. According to Value Research data (September 2, 2025) quoted in the ET analysis, balanced hybrid and equity savings funds have delivered 8.80% and 8.10% CAGR respectively over the last decade.Risk-tolerant investors with Rs 1.2 crore can aim for products that generate about 10% returns, such as aggressive hybrid, large-cap or large-and-midcap funds, which have delivered 11.98%, 12.75% and 14.69% CAGR respectively in the last 10 years. At the highest-risk level, those with Rs 1 crore can still target Rs 12 lakh annual income by investing in flexicap or multicap funds, which have historically returned over 12% CAGR. Flexicap funds, for instance, gave 13.64% CAGR in the past decade.
Table source: ETWithdrawal-based strategies to keep corpus intactSome planners recommend strategies that preserve capital while providing inflation-adjusted returns. Rohan Goyal of MIRA Money suggests a 4–5% withdrawal rate, requiring Rs 2.4–3 crore to sustainably generate Rs 12 lakh annually. “A 4–5% withdrawal rate is low enough that portfolio growth should outpace withdrawals, making the corpus last decades,” he was quoted as saying.Arun Kumar of FundsIndia advises an 85:15 split between aggressive hybrid and arbitrage funds, with systematic withdrawal plans (SWPs) starting after one year. Withdrawals should pause if the market corrects sharply and shift temporarily to arbitrage funds, resuming later.Elever’s Karan Aggarwal suggests a glide-path approach: begin with a 50:50 split between debt and arbitrage funds, then shift 10% annually towards equity until the sixth year, when equity allocation reaches 50%.Tax rules to rememberTax treatment varies across instruments. Equity funds attract 15–20% short-term capital gains tax and 10–12.5% long-term capital gains tax, while debt funds face 20% with indexation or 12.5% without. Hybrid funds are taxed according to their asset mix, said CA Suresh Surana.Don’t forget inflationA fixed withdrawal of Rs 1 lakh today may lose significant value over 10 years. SWPs that allow part of the corpus to remain invested and continue compounding can help balance current income with future security.Experts say there is no universal formula for securing Rs 1 lakh a month. “Start early, diversify across equity, debt and hybrid options, and review periodically,” one planner said. “What matters most is matching investments with risk appetite and keeping income inflation-adjusted.”(Disclaimer: The opinions, analyses and recommendations expressed herein are those of brokerage and do not reflect the views of The Times of India. Always consult with a qualified investment advisor or financial planner before making any investment decisions.)
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Shares of metal companies rallied sharply on October 24, defying the broader market downturn
Metal Stocks
Metal Shares Gain: Shares of metal companies rallied sharply on October 24, defying the broader market downturn. The surge pushed the Nifty Metal index up more than 2% to 10,457.40 in early trade before paring some gains to trade 1% higher at 10,359 around noon.
Here are the key factors driving the rally in metal shares:
1. Trump–Xi Meeting Hopes Ease Trade Concerns
Global metal prices surged after the White House confirmed that U.S. President Donald Trump will meet Chinese President Xi Jinping in South Korea on October 30, as part of Trump’s Asia visit.
The announcement came amid renewed trade tensions following Trump’s plan to raise tariffs on Chinese imports to 155%. Investors are now hopeful that the meeting could ease trade hostilities, improving the global demand outlook for metals.
White House Press Secretary Karoline Leavitt said Trump’s itinerary includes stops in Malaysia, Japan, and South Korea, following his address at the APEC CEO Summit.
2. Metal Prices Rise on Tight Supply and Global Stimulus Hopes
Aluminium prices on the London Metal Exchange (LME) climbed past $2,850 per tonne, supported by strong demand and tightening supply. The rally was further fueled by expectations of monetary easing from major central banks.
Adding to the supply crunch, a smelter in Iceland temporarily shut operations due to equipment failure, likely affecting 100 kt of production. Copper prices also advanced about 2% on the LME.
3. US Fed Rate Cut Expectations Lift Sentiment
Optimism around further rate cuts by the U.S. Federal Reserve added to the positive momentum. According to a Reuters poll, the Fed is expected to cut interest rates by 25 basis points to 3.75–4% on October 29, with another potential cut in December.
Lower rates generally boost non-yielding assets like commodities, supporting investor appetite for metals.
4. Top Metal Gainers
National Aluminium Company (NALCO) shares have gained more than 4 percent, while Hindalco Industries and Hindustan Copper shares have gained more than 3 percent each. Vedanta shares were up nearly 3 percent.
Earlier during the day, Hindalco shares hit a 52-week high of Rs 826.50 apiece. This comes after its subsidiary Novelis said that its fire-damaged plant in Oswego will restart by the end of December, earlier than expected.
Hindustan Zinc shares gained around 2 percent, while NMDC, Jindal Stainless Steel, Steel Authority of India (SAIL) and Jindal Steel and Power shares were up around 1 percent each.
Heavyweights Tata Steel and JSW Steel shares were trading in the green with marginal gains.
Bucking the trend, APL Apollo Tubes, Welspun Corp and Adani Enterprises shares were trading in the red.
Disclaimer: The views and investment tips by experts in this News18.com report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More
October 24, 2025, 13:33 IST
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Stock Market Today: Indian stock markets started Friday’s session on a negative note
Sensex Today
Sensex Today: Indian benchmark indices traded lower on Friday, weighed down by reports that the US is considering a fresh probe against China regarding their 2020 trade deal. Rising crude oil prices, driven by US sanctions on Russia, further dented market sentiment.
By 12 PM, the Sensex was at 84,354.58, down 201.82 points or 0.24%, while the Nifty stood at 25,823.90, down 67.5 points or 0.26%.
On the Sensex, Hindustan Unilever (HUL), Kotak Bank, Axis Bank, Titan, Power Grid, ITC, Adani Ports, NTPC, Tech Mahindra, Eternal, and Maruti Suzuki were the top losers, falling up to 3.5%. On the upside, ICICI Bank, Tata Steel, Bharat Electronics (BEL), M&M, Bharti Airtel, HDFC Bank, and SBI led the gains.
Broader markets were muted, with the Nifty Midcap 100 down 0.05% and the Nifty Smallcap 100 sliding 0.18%.
Sector-wise, the Nifty Metal index led the rally with 1% gains, followed by the Nifty Realty index, up 0.5%. The Nifty FMCG index lagged, declining 1.16%.
Global Cues
Across Asia, markets traded higher after the White House confirmed that US President Donald Trump and Chinese President Xi Jinping will hold discussions next week during Trump’s Asia visit. Japan’s Nikkei 225 advanced 1.1%, Hong Kong’s Hang Seng rose 0.95%, and South Korea’s KOSPI gained 1.29%.
Overnight, US markets closed higher, led by gains in technology stocks following upbeat corporate earnings. The S&P 500 climbed 0.6%, the Nasdaq Composite surged 0.9%, and the Dow Jones Industrial Average added 0.3%.
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More
October 24, 2025, 08:53 IST
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Maruti Suzuki Jimny 5-Door: Maruti Suzuki announced that the Jimny 5-door has achieved a landmark milestone, surpassing a cumulative export figure of 1 lakh units from India. The export journey for the Jimny 5-door began in 2023, shortly after its India debut. This SUV, manufactured exclusively in India, is being exported to over 100 countries, including Japan, Mexico and Australia.
Jimny 5-door’s entry in Japan in January 2025, under the name “Jimny Nomade”, sparked off an overwhelming response with orders crossing the 50,000 mark within days of introduction.
Speaking on the milestone, Hisashi Takeuchi, Managing Director & CEO, Maruti Suzuki India Limited, said, “The Jimny has over half a century of heritage globally. Jimny 5-door crossing 1 lakh export mark is a proud achievement for Maruti Suzuki. We are deeply thankful to customers around the world for their trust in this acclaimed SUV. Jimny’s strong off-road DNA, reliable performance and uncompromising quality have earned admiration in over 100 countries.”
He added, “The Jimny, along with 16 other models exported by Maruti Suzuki, stands as a shining example of ‘Make in India for the World’. The year-on-year rise in the Company’s exports reflects the love and confidence of customers in our products and highlights India’s rise as a hub for world-class automobile manufacturing.”
In the official statement, the company said, “This achievement reinforces Maruti Suzuki’s robust and sustained export growth trajectory. With over 2 lakh vehicles exported in H1 FY 2025-26, the Company grew by around 40% and recorded its highest-ever half-yearly export volume.”
“Maruti Suzuki commands over 46% share in India’s passenger vehicle exports. In FY 2024-25, the Company had exported over 3.3 lakh vehicles,” it further said. Maruti Suzuki has demonstrated significant growth in export volumes over the past five financial years, culminating in a record high of 332,585 units in 2024-25, up from 96,139 units in 2020-21.
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