Definitely, you can claim LTA at the time of filing return of income and get refund of the taxes that your employer had deducted. Moreover now Supreme Court in a recent ruling had clarified you need not submit travel bills to your employer in order to claim LTA. So all you had to do was just to furnish the amount of your travel expenditure to your employer. Now since the tax has already been deducted by your employer, you can claim the same in your income tax return.
HDFC Money Back Plan is Traditional money back plan from HDFC Standard Life Insurance Company Ltd. For good growth you should consider a ULIP plan as over the long term ULIPs are more likely to outperform the traditional money back plans. All insurance companies are governed by IRDA and equally safe, Having said that LIC has proven record in Indian market till date and delivered consistent returns.
I have invested my money in UTI Index Select Fund but now it is giving me losses and one of my friends has suggested to withdraw my money and invest in the HDFC Top 200 Growth mutual fund is it a good move?