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Tag Archive: ULIP


blogDid not thought of writing this post but the Diwali LIC incidence force me to share the thoughts where a neighbor uncle forced me to buy a LIC Unit Linked Insurance Policies (ULIPs)

ULIP as an investment avenue are closest to mutual funds in terms of their structure and functioning. As is the cases with mutual funds, investors in ULIPs are allotted units by the insurance company and a net asset value (NAV) is declared for the same on a daily basis.

Similarly ULIP investors have the option of investing across various schemes similar to the ones found in the mutual funds domain, i.e. diversified equity funds, balanced funds and debt funds to name a few. Generally speaking, ULIPs can be termed as mutual fund schemes with an insurance component. Continue reading

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blogIt’s been observe that people find investing as one of the difficult task. Either they end up depositing all their savings in fixed deposits, gold or they become the scape goat of ULIP (insurance).

Moving on to some quotes on the investing and financial markets that might change the perception of yours.  There isn’t right and wrong, there is two sides to the coin, but rich dad exists on only one side of the coin, the business and investor.

Yes, there is some risk involved with investing, and it can be scary. But if you don’t take control of your cash and moves forward you, well those are famous ones from Rich dad -Poor dad. Continue reading

This is the post that I will try to put up in lay man language as most of my friends, relatives really wanted to blogunderstand why to invest or not to invest money under ELSS for section 80C.

So where all you can invest to save tax if you are salaried employee, Insurance, PPF, NSC, ULIP,

Well I will concentrate on the ELSS – Equity linked Savings Scheme

ELSS is a type of mutual fund, where majority of the corpus is invested equity and equity related products.  Investment in ELSS has lock in period of 3 years and it has tax benefits. ELSS are not at all risk free , there is no fixed return , ELSS are open-ended and investor can subscribe to fund on any given day.  Continue reading

#Fact: Insurance is not an investment: A good insurance policy is gold when it comes to risk protection.blog

It’s the time of the financial year when the deceleration done by the employee need to be submitted under section 80 C .This is also the time when maximum ULIP policies are sold, mis-sold  and resold .  Let’s explore the reasons

Unit Linked Insurance Policies (ULIPs) as an investment avenue are closest to mutual funds in terms of their structure and functioning. As is the case with mutual funds, investors in ULIPs is allotted units by the insurance company and a net asset value (NAV) is declared for the same on a daily basis.

Similarly ULIP investors have the option of investing across various schemes similar to the ones found in the mutual funds domain, i.e. diversified equity funds, balanced funds and debt funds to name a few. Generally speaking, ULIPs can be termed as mutual fund schemes with an insurance component. Continue reading

There are so many products in this global financial market that sometimes a financial advisor feel more like a bouncer thanblog anything else……..Sharing some of the pitches been made in the past and the on-going practices,

  • Oil and Gas Limited partnerships. (If you being cut in on them, the wells are dry.)
  • Principal protection funds. ( They are always come out after the market’s been killed and cap your upside on the recovery)
  • Insurance broker selling asset management. (Does your hair – dresser also repair the roof on your house?)
  • Stock broker selling guaranteed – return equity linked annuities. ( Yeah that’s end well) Continue reading
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