Hi manish I mistakenly joined HDFC crest blue chip fund last year and paid a premium of  200000 Rs last year. Now the fund value is around 170000Rs. If I go for a surrender, I will loose around 12000 again and will get the money only after 5 years. That bloody financial advisor is asking to […]

Dear Manish , I am salaried & comes in 10% tax slab. Presently I have  3 nos. ULIP policies & I pay around 60000/- per year as premium. I get 6000/- per year tax rebate on premium. Now, after going through your articles on MF+term insurance, I am planning to stop my all ULIP policies […]

I have a Life stage Assure policy with ICICI Prulife. I have been grossly misled into investing huge amount of money by an India info online executive into it as I had absolutely no idea whatsoever about ULIPS at the time of investment. I have invested 1 lakh per annum over a period of 5 […]

Dear Sir I have purchased a Unit Link Investment Plan from Max New York Life Insurance Co, on 28th February 2008. The face value of the Plan is 150000.00 whereas the Annual Premium is Rs.20000/- i.e Rs. 5000/- quaterly. Recently in the month of Sept. 2012 I have surrendered the said policy. I would like […]

Hi, My age is 23. I have stared to invest in HDFC Young star Premium yearly 15000.Kodak Assured income 25000 per annum.I have paid these two Premiums only 1 premiums. I am planning to go for PPF .Can i continue this above two plans or what i should do. I need advises what to do

Dear, I am working at IT software company. My annual package is 3,60,000. Right now I don\’t have any policy. So Tax saving what should I do and which one is better for my future? I am thinking LIC Jeevan Anand, AVIVA i-life Term Plan Online and AVIVA Freedom Life Advantage Balance Fund-II is better […]

I’m planning to go for a ULIP plan from canara HSBC oriental bank of commerce Life Insurance.  The agent says it as an open ended (closes only if you take out all the money), for 10 years(premium payment term) @1.2lacs p.a. premium and a life coverage of 27.6lacs. Premium allocation charges  @10080(first year), 7680 (next […]

Hi Everyone ! I got into a ULIP  trap i.e SBI Life Smart performer. I already paid 2 premiums (Rs 100000/-) out of 5 and Nov 4th is due for my 3rd premium. My current fund value is Rs.97048.59. SBI Life Daily Protect Fund – III 6609.3672 11.7367 77572.16001624 SBI Life Index Fund 1669.5041 11.6660 […]

Can anyone help me with calculating my tax liability on a property transaction? Property Bought for – Rs.12,00, 000/- Property Bought On – June 16, 2012 Property Sold for – Rs. 13, 00, 000/- Property Sold On – Oct, 2013 Regards, Ketan More  

Dear Manish Sir, I am 26 years old working professional. I purchased one ULIP i.e HDFC Unit linked Endowment plus-II  for Investment purpose ( actually due to an agent’s advice) in 2009. Sum assured= 1,80,000;   annual premium =12,000   Tenure= 10 years premium paid=4 annual premiums worth 48,0000 but current fund value = 36,0000. Current […]