Messages posted by: khandu20

Well this is a question which everyone wants to get answered. I will suggest you to visit www.invest2maximize.com for some good articles on investment.

Shika please don't be eluded by "Highest NAV Guaranteed Plans". They just mean "Highest NAV" and not "Highest Returns". Please visit my article on "Highest NAV Guaranteed Plans" on my site

LIC Pension Plus

Hey Shika...

To decide upon whether you should go for ULIPS like wealth Plus, I would like to know how much educated you are. Don't mind but its necessary for your financial planning.
If you are educated I will advice you to take Term Insurance + Pure Mutual Funds seperately.

Disadvantages of LIC wealth Plus
- For every month they will charge you mortality charges and fund managment charges
- There is a significant agent commision involved in ULIPS which will finally go from your pocket.
- The insurance cover you will get from term insurance with same amount will be much more than ULIP
- You have no control in which ratio your money will be invested in debts/equities. With Indian economy about to
quadruple by 2020 pure mutual funds will defintely give you much more than ULIPS at the end of your term.

If your aim is to earn the maximum returns dont directly invest in Mutual Funds. Just visit this blog.

http://invest2profit.blogspot.com/

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