Need your guidance on an investment decision. My wealth manager from ICICI has been very strongly recommending that we invest in ICICI Elite Wealth II. His argument to justify the investment is the Elite schemes are designed to take the tax advantage of ULIPs but the charges etc are much lower and so they work […]

Hi, 1. I have redeemed one of my mutual fund investment (inception date – 12/01/2010) on 3-Apr-13. The amount is 28184.93 2. Also I have got dividend from another mutual fund investment on 13-Mar-2014. The amount is 2998.12 3. I had an ULIP policy with inception date as 28 sep-2009. I have paid this regularly […]

I had invested Rs. 30000/- in  CAPITAL UNIT GAIN ACCOUNT policy on 23’rd march 2007. The policy is comprised of 3 different funds. I am giving an example of one particular fund (i.e. growth fund). The 2nd premium was paid by me on 14th may 2008. Since the payment was delayed the company had deducted […]

Hi Is SBI smart elite bond fund gold option a good investment ?

Hi, I brought ICICI Pru Pinnacle Super LP in June 2012 with NAV value of 9.67. As of today NAV value is 12.677. I have researched on internet and found out that ulips are not good investments. So should I remain invested and pay remaining 3 premium or surrender. As even after surrendering I get […]

Hello All, Due to lack of knowledge in financial instrument, have made a mistake of purchasing 3 ULIP in the past. 1.ICICI Life Time Super which was started in year 2007, with annual premium of 20000, which have paid till date. 2.Aviva Save Guard which was started in year 2007, with annual premium of 24000, […]

I have purchased ULIP policy Kotak Smart Advantage (UIN-107L043V01) in May 2009, till now i have paid 5 annual Premiums i.e 1,25,000/-.(total) Now the fund value is only 1,01,000/-. As the policy term is 20 years, please advice me should i continue or surrender the policy.

Hi Manish, Of late, I started reading on investments and found myself trapped, as were many others, either due to negligence or lack of knowledge. I invested in ‘ICICI Pru Pinnacle II’ in 2011 with the following attributes. SA – Rs. 500,000/- Premium – Rs. 50,000/- Premium Paying Term – 5 years Maturity – 10 […]

Hello all, I have a question about my LIC ULIP policy.  Policy is LIC profit plus growth. I bought it in november 2007. premium was 15k per annum and it had to be paid for 5 years and policy duration is 20 years. I paid all 5 premiums i.e. in total 75k. today the value […]

A. If possible please share the analyses on two policies: – 1. Max Life Life Partner Plus Endowment to Age 75 Plan – 20 Pay 2. Max Life Shiksha Plus II B. Please recommend a term plan and a health insurance policy too. Thank You Regards