1. Term Insurance
One of the best products in Term insurance markets i know is SBI life Insurance Shield Plan
Before taking any Insurance into consideration , we should give importance to
- Premium amount you pay : Premiums are among the cheapest in market
- Claim settlement Rate : Next only to LIC
There Shield plan is designed very nicely , have a look at it and you will love it .
2. UTI Gold ETF’s
If you want to invest in GOLD , try this ETF , search GOLDSHARE or UTGOLD (if you are on ICICIDIRECT) .
3. Mutual Funds (see details of these mutual funds at http://www.valueresearchonline.com/)
ELSS
- SBI magnum tax shield
- Principal Tax saving
Equity Diversified Mutual Funds
- DSPML Equity
- HDFC top 200
- Magnum Contra
Balanced Funds
- HDFC Prudence
- DSP Balanced
- UTI Mahila Unit Scheme
Debt or Liquid Funds
- Kotak Flexi
- Birla Sun Life Income
{ 6 comments… read them below or add one }
Hi Manish,
Its been three years since this post. Would you like to update us with the new list of best products ?
Ranjit
Wait for new article
Hi Mohit,
A great blog ! I am a fresher started working 6 months ago. Can you please share with us which is the best ELSS to go for now (since we are nearing the completion of the fiscal) and I need to save tax !!!
Swati
You can buy HDFC Tax Saver
Manish
Manish,
I am already investing in HDFC tax saver through SIP. Is there any other good ELSS I can go for.
Swati
HDFC Tax Saver is good enough .. better stick to it
Manish