Inputs required on Kotak Life insurance safe investment plan II

POSTED BY visasubu ON June 12, 2011 11:57 am COMMENTS (2)

Hi,

I have taken Kotak life insurance safe investment plan II on 2008 for quarterly premium of 50K.

As of now , fund value is going in -ve eventhough allocation charges are less now  .

We took this plan as principal is safe guarded .

Could anyone throw light whether this is good investment to continue or i need to stop after 5 years.

Thanks

 

 

2 replies on this article “Inputs required on Kotak Life insurance safe investment plan II”

  1. Manish Chauhan says:
    June 13, 2011 at 11:40 am

    Are you sure that the pricinciple is safeguarded ? Is it a HIghest NAV ULIP plan ?

    Manish

    Reply
  2. Jagadees says:
    June 13, 2011 at 1:02 am

    Following 3 articles could throw light on whether your investment is good or bad. In general i would say capital guaranteed/highest NAV guaranteed products are not ideal investment for the long term. If you have any further doubt, post your queries.

    1. Jagoinvestor – https://www.jagoinvestor.com/2010/03/how-do-highest-nav-guarantee-plans-work.html
    2. Market vision – http://www.marketvision.in/short-takes/reviewing-ulip-hdfc-crest.html
    3. Live mint – http://www.livemint.com/2010/01/10211459/Highest-NAV-guaranteed-but-no.html

    Regards
    Jagadees

    Reply

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