Aviva I growth ULIP plan is good or not?

Is it good to invest 3000 rs/month in Aviva i growth ULIP balanced fund? If not then where I can invest it ? My annual salary is 8.3 l/a. I have one Jeevan Anand LIC. I Just want better returns safely for the money I invest. I have budget of 5000 rs/month that I can […]

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What is redemption date for LIC future plus plan 172

Dear Sir, I  have purchased on 31.03.05. When is redemption date as i receive statement of NAV every year, but no redemption date is written Rgds/premal kacharia

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Do I redeem my ICICI Prudential Life Stage Assure which is not paying my 1st year premium ?

Hi, I’m an investor in the ICICI Prulife – Life Stage Assure Policy and am terribly disappointed with it. I have actually been misled by one of its agents to invest a huge amount in this farcical policy. My Investment details are as below 1Lakh per annum premium Paid 5 years of premium and therefore […]

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Kotak Smart Advantage ULIP Question

For surrender of Kotak smart advantage ULIP brought in 2009, they are saying that 1 year premium will not be refunded. Per consumer court judgement: http://www.indiacase.com/state-commissions/48585-consumer-court-case-on-drnishi-gupta-fa382013 against Kotak, the order states that since the surrender was done after the IRDA 2010 circular, the rules of that circular are valid ie the first year premium will […]

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Is it worth-full to take Aviva I growth plan for 15yrs ?

Hi, I am looking to long term plan. I had researched and talked one of Policybazar.com employee and he has suggested me for Aviva I growth plan and told me to invest money in “Balance fund”. I am 28 yrs old now . I am investing money in MF also for 2k per month. Please let […]

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Need Tax Implication for ULIP surrender

Hi, I have paid 1L over 5 years(5K quaterly) across 6 Financial years. First Premium of 5000 was paid in Sep 2008 and last in Jun 2013. So per financial year tax exemption claim are for: 2008-2009 15000 2009-2010 20000 2010-2011 20000 2011-2012 20000 2012-2013 20000 2013-2014 5000 Now the fund value is 1.3L Now […]

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Taxation of Bonus Units of UTI-ULIP 1971 scheme on redemption

Sir, I have invested in the UTI-ULIP-1971 Scheme a debt oriented scheme with an annual premium of Rs.7500/- for 10 years. The Scheme is allotting BONUS Units every year and do not give any dividends. The fund invests in 60% of the money invested in debt instruments and the remaining 40 % in Equity. I […]

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Taxation of Bonus Units of UTI-ULIP 1971 scheme on redemption

Sir, I have invested in the UTI-ULIP-1971 Scheme a debt oriented scheme with an annual premium of Rs.7500/- for 10 years. The Scheme is allotting BONUS Units every year and do not give any dividends. The fund invests in 60% of the money invested in debt instruments and the remaining 40 % in Equity. I […]

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How to manage money after surrendering ULIP policy opened for retirement ?

Hello, I have taken few ULIPs (pension plan) few years back but after reading all your posts, I think I have made mistakes. All the policies have taken before 2009 so dont come under new rules. Once I surrender all policies, what should be best way to manage this fund? As these policies were started […]

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Should I buy Aviva I-Growth ULIP or not – Any Reviews ?

I am planning to buy Aviva I-Growth ULIP. I have limited knowledge of Ulip products but am a keen learner of financial market. Please tell me whether it good decision to buy or not if so for how many years 5 or 10 or 20. Thanks. Sudhakar

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