December 4, 2010 12:18 pm
Can anybody tell me how is Kotak Ace Investment for long term 5-10 years.
This plan charges 7.2% in 1st year, 5.2% in 2nd year and 3.2% thereafter every year as premium allocation charges + policy admin charges. I don’t see any logic of giving so much charges to company for an investment. It’s better to invest in equity diversified mutual fund for investment + term insurance for risk cover rather than investing in Kotak ACE plan.
Hope it will help you.
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