Topic: Is HDFC youngstar a good investment option?

I want to invest Rs. 30,000/yr

HDFC Young Star is a unit linked insurance plan run by HDFC Standard life. This plan has both life insurance and investment components. You would necessarily need to opt for at least five times the premium amount as sum assured. So, if you want to pay an annual premium of Rs 30,000 you would have a minimum sum assured of Rs 1,50,000.

I would not recommend this plan for you if you are looking at investment alone, as you will be forced to pay risk premium charges and policy administration charges every year which you do not need to if you are looking at just an investment instrument. Also the first and second year allocation to the fund would be only 70% that means that out of Rs 30,000 premium, you will be allocated a fund value of only Rs 21,000 only.
I would recommend that you look at investing through mutual funds in India – you could choose the fund based on your time horizon and risk appetite.

no not at all . you wount get the best returns.

sir , i am annual invest 15000/- per year sir please give me details on my mail ,sir what i banifit this plan .what is risk of this plan

young star

Hi guys,,It is very impressive post !!!! Thanks for sharing nice information in this site.....

thanks ...

regards..
kajal

i would like to say don't go for any ULIP. you can get the better profit if you opt Term Insurance and any Tax Saving Mutual Fund.

Term Insurance
Monthly spending 500 will give you a 30L sum assured

Tax Saving Mutual Fund
3 year Lock in period only
No Entry and Exit Load
you get all the profit from the Mutual Fund.

ULIP - disadvantage

Sum Assured is very low with our premium
first year investment allocation is less than 50% of your premium (Young star it is 30%)
second and Third year also you have very less investment allocation charges.
even if you get the Good return from the investment most of the amounts are eaten by the Companies saying
(Fund Management charge, Admin charge, etc..)

I am a student and investing 24000/year for last 4 years..I am quite worried about its performance..(HDFC ULIP young star II)

I am not sure what will be the future of it...can any one suggest me what to do next..I am poor and dont have capability to be in dark.......

Please please help me - bharat.bhushan969@yahoo.in

If you are looking to go with HDFC Life then there are different types of savings and investment plan offered by them. The detailed info is available on their website online http://www.hdfclife.com/Products/SavingsPlans/Savings-investment-Plans.aspx

There is also Premium calculator and monthly savings calculator on that page which will make it easy for you to calculate the amount you are investing with good returns

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