8 replies on this article “ICICI Wealth Builder – 100% debt”

1. ashalanshu says:

   September 27, 2013 at 9:36 pm

   Dear Rekha, if you really feel that this multiple fund on offer can create wealth for you. Please feel free to invest. Personally I w’d like to keep my insurance and investment separate.

   Thanks

   Ashal

   Reply
2. Rekha says:

   September 27, 2013 at 6:09 am

   I started this conversation with 100% debt option but the product offers Multiple portfolio strategies that allows to choose funds of our choice..

   Reply
3. ashalanshu says:

   September 27, 2013 at 6:03 am

   Dear Rekha, yes your basic understanding is correct. Now do tell me if the product (your policy) is offering only debt as an asset class, how w’d you do ATS?

   Thanks

   Ashal

   Reply
4. ashalanshu says:

   September 26, 2013 at 11:14 pm

   Dear Rekha, I assume you are calling yourself an ordinary investor which is not so familier with all these terms. Let me put a question to you – Automatic Transfer Strategy, what do you understand from these wordings?

   thanks

   Ashal

   Reply
   1. Rekha says:

      September 27, 2013 at 5:43 am

      My understanding is it is an another approach to invest without trying to guess /worry when the market is at peak or at low. It is supposed to protect the investment from extreme fluctuations.

      Can some part of investment be put through this.

      Reply
5. Rekha says:

   September 26, 2013 at 5:38 pm

   Thanks Bond and Ashal.
   Will it be beneficial if I opt for Automatic Transfer Strategy. The agent tells that it helps you eliminate the need to time your investment.

   Will it reduce the amount of time and decision making that I have to do, if I go for MF selection/rearragement/portfolio management?

   Understand it is our hard earned money just wanted to know if any expert in the field who does the management is preferred over doing by normal people like me.

   Reply
6. ashalanshu says:

   September 25, 2013 at 10:45 pm

   Dear Rekha, do you really feel by investing 100% in debt and paying so many charges, you can actually creat WEALTH through this policy? Think over it. where is the surety of return? As per IRDA guidelines, no insurance compnay can provide any guarantee of return in a market linked product.

   Thanks

   Ashal

   Reply
7. Bond Bhai says:

   September 25, 2013 at 10:09 pm

   There was a similar question sometime back – http://jagoinvestor.dev.diginnovators.site/forum/icici-pru-wealth-builder

   Also question yourself as to why you need a ULIP over a Mutual Fund/Term Plan combo.

   Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.