POSTED BY May 25, 2012 5:27 pm COMMENTS (10)ON
Can some one through light on newly launched (may be newly observed by me 🙂 ) ICICI Pru SIP Insure..???
The details i understood from the website:
1. There are some 16 mutual funds where we can invest under this new scheme
2. Insurance cover is free
3. Insurance cover is applicable if we continue the SIP (min Rs. 1000/month) for at least 3 yrs
As the insurance is at free of cost, and any one who is looking for long term investment (especially in those 16 MFs of icici), i feel that this is an added advantage…..
Please add your views… also correct me if my understanding is wrong about SIP insure…