Skip to main content

ULIPs in the Investment Mix

Best ELSS Funds to Invest Online 



Taruna got another compliment for her culinary skills. This time for the biryani she made for the weekend dinner at home. One of her colleagues curiously asked: How do you get the taste right? I have tried several times with the same recipe but the result has been different?

Ingredients are as important as the proportion to get the desired result, she promptly replied. Same formula applies to our investment portfolio. We normally put our money where we find ourselves at minimum risk. Bank FDs and traditional endowment insurance plans are the most popular among investors.

A portfolio dominated by a single asset class cannot deliver the same result as that of a well-balanced investment mix. For desired results from your investments, you need to create an assortment of asset classes. To get a perfect recipe made of Equity, Debt and Gold, you need to make the asset allocation responsibly.

Asset allocation means the proportion of each asset in the portfolio according to the investor's risk appetite, goals and time horizon for investment. For those with a higher risk tolerance, equity investment held for long term can deliver smart returns.

Equity exposure can be taken through shares, mutual funds or market linked insurance plans. Understanding the stock market can be a time consuming process with higher risk in comparison to insurance plans.

For aggressive investors ULIPs can be a great investment idea. They provide dual benefit of market linked return and a minimum sum assured equating ten times of the annual premium for investors below the age of 45.

Market participating insurance plans can be a great vehicle for retirement planning, children education, wealth creation. You can attach a life goal to the policy before buying and reap the benefits on maturity. Such plans provide transparency and flexibility through partial withdrawals for needs arising mid-way to your goals.

ULIPs are insurance-cum-investment product that offer choice of diversification. Which means you can choose your own fund: Growth, Equity, Balanced, Income, etc. as per your risk appetite or change in goal.

The premium paid by you is invested in these funds and the performance thus depends on the stock market. It's ideal for those who do not mind taking exposure in equity and yet want to have an insurance product in the portfolio.

ULIPs have an option of switching funds during the term. Here, monitoring the allocation isn't complicated. Since you do not have to keep a track of companies who invest in your fund. Just buy the policy and run it till maturity. You can change allocations in line with the performance of each of the funds chosen, that too free of cost. So you can change the fund allocation without the need to time the market.

ULIPs are a much attractive product now than what they were few years back. Costs like premium allocation charges, administration charges, fund management charges and surrender charges made it an expensive affair. In the recent years, some low-cost ULIPs have been launched where over a long investment horizon the costs might be comparable or even slightly lower than mutual funds.



SIPs are when Stock Market is high volatile. Invest in Best Mutual Fund SIPs and get good returns over a period of time. Know Top SIP Funds to Invest Save Tax Get Rich

For further information on Top SIP Mutual Funds contact Save Tax Get Rich on 94 8300 8300

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com 

Popular posts from this blog

Surrender ULPPs

  ICICI Pru LifeTime and ICICI Pru Lifestage are Unit Linked Pension Plans. Such insurance linked retirement plans are neither good investments nor do they offer sufficient insurance cover. As you can see, these have turned out to be bad deals. In the Lifetime plan, the fund value is not even equal to the total premiums that you have paid and in the Lifestage plan your return is just about 6% which is quite low. The mortality charges are as per your age which is why they have increased. Moreover, once these plans matures, you will have to compulsorily opt for annuity (regular income) and the annuity rates are generally modest. Assuming these plans mature in the next one year, it will be wise to surrender the plan now and curb your future commitments.   Before you choose to buy a term plan, you have to consider a few points. You need to insure yourself, only during the time you are working and your family is financially dependent on you. At the age of 59, not all insurance companies w...

ICICI Pru Constant Maturity Gilt dividend

Invest ICICI Prudential Constant Maturity Gilt Fund Online ICICI Prudential Mutual Fund   has announced dividend under the following schemes: Scheme Dividend ( R /unit) ICICI Pru Constant Maturity Gilt-DQ 0.26543239 ICICI Pru Constant Maturity Gilt Direct-DQ 0.27171609 ICICI Pru Q Interval Plan I-D 0.10617296 ICICI Pru Q Interval Plan I Direct-D 0.10703967 ICICI Pru Q Interval Plan I Ret-D 0.10617296             The record date has been fixed as June 13, 2016.   ----------------------------------------------- Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds Top 10 Tax Saver Mutual Funds to invest in India for 2016 Best 10 ELSS Mutual Funds in india for 2016 1. BNP Paribas Long Term Equity Fund 2. Axis Tax Saver Fund 3. Franklin India TaxShield 4. ICICI Prudential Long Term Equity Fund 5. IDFC Tax Advantage (ELSS) Fund 6. Birla Sun Life Tax Relief 96 7. DSP BlackRock Tax Saver Fund 8. Reliance Tax Saver (ELSS) ...

NPS Investment Choice for Safe Investors

Invest NPS Online       Whether they invested through SIPs or put in a lump sum amount, risk-averse individ uals have earned the highest returns. These are investors who stayed away from stocks and divided their NPS corpus between G class gilt funds and C class corporate debt funds. On average, gilt funds have given 9.75% annualised returns while corporate debt funds have churned out more than 11% in the past five years. As a result, the average return for ultra-safe investors in the past five years is in double digits. Even in the short term, ultrasafe investors have been the biggest gainers among NPS investors. Will the good times continue? The gilt funds of NPS are holding long-term bonds with an average maturity of over 19 years and a modified duration of about 9 years.These funds have done well because interest rate cuts have pushed down bond yields. But experts say this trend will not stay forever. NPS is a long-term investment and the bonds are predominantly held to matu...

Buy Health Insurance Plan even if you are covered with my Employer

Buy Health Insurance Plan Online Yes, getting a private insurance cover now, which extends beyond your retirement age, is recommended There are a few reasons why buying a health insurance plan may make sense even though you get medical insurance from your employer. Here are the points you need to think about. Firstly, your employer's insurance coverage will only protect you as long as you are employed with the company. The policy will terminate when you quit the job or when you retire. Post retirement is perhaps the phase when one needs it the most but you won't have it then. Moreover, buying a new insurance policy after the age of 50 means that there will be no coverage for pre-existing diseases.   Lastly, health insurance policy you get from your employer may or may not cover your dependants. ------------------------------ ----------------- Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds Top 10 Tax Saver M...

SBI MAGNUM MIDCAP ONLINE

Invest SBI MAGNUM MIDCAP ONLINE   SBI MAGNUM MIDCAP fund didn't fare well in its initial years but, in recent years, has steadily improved its performance under the capable hands of its current fund manager. Although investing predominantly in mid-cap stocks, the average market capitalisation of its portfolio is lower than other category peers.   Although the stock selection approach is mostly bottom-up , the fund manager doesn't shy away from taking bold sector bets , as is reflected in its large exposure to the healthcare sector. She is equally adept at handling performance across market cycles--the fund has captured more of the upside during market upticks and contained the downside during downturns in a better manner than its peers.   Given its superior risk-reward equation, the fund is a worthy pick in its category.     ----------------------------------------------- Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing EL...
Related Posts Plugin for WordPress, Blogger...
Invest in Tax Saving Mutual Funds Download Any Applications
Transact Mutual Funds Online Invest Online
Buy Gold Mutual Funds Invest Now