Has any one got any idea about icici pinnacle super? Is it good for 10 year horizon?
This is what my relationship manager told me. “Invest 50k every year for first 5 years. Matures at the end of 10 years. They calculate NAV on every Friday. Your maturity at the end of 10 years will be based on the highest NAV of first 7 years. Right now its NAV is 9.4. NFO price was 10. The highest NAV since inception is been 10.52. Thats already 12% benefit atleast for the first year.”
Sounds too good to be true.
Its about to close by April End.
Here is the link to the brochure.
http://www.iciciprulife.com/public/Brochures/ICICI_Pru_Pinnacle_Super_brochure.pdf