PPF or LIC Jeevan Shree for Investment?

POSTED BY Keyur Jinwala ON September 25, 2013 9:59 pm COMMENTS (7)

Hi

I want to invest around INR 25000 and was looking for better option between LIC and PPF

LIC offers Jeevan Shree plan where investing 25000 gives insurance of 5 lac as well. However, insurance is not mandatory. I am purely looking for returns after 25 or 15 years (in case of PPF)

Which will give me better return?

 

 

7 replies on this article “PPF or LIC Jeevan Shree for Investment?”

  1. ashalanshu says:

    Dear Keyue, sorry for typo error in the above reply. I mean to say – Yes, Now you are on right track. 🙂

    Thanks

    Ashal

  2. ashalanshu says:

    Dear Keyur, yes not you are on right track.

    thanks

    Ashal

  3. ashalanshu says:

    Dear Keyur, the problem lies in your thinking that Insurance policy is an investment vehicle. Should I say more?

    Thanks

    Ashal

    1. Keyur Jinwala says:

      Thanks Ashal. Got your point. I guess I should look for pure investment options rather than going with Investment with Insurance

  4. Mustafizur Rahaman says:

    May be I would just like to add in addition to what Ashal already said, with the current interest rate & flexibility PPF provides, nothing else should be exchanged with a PPF, unless you have very cash crunch & you can’t park your money for 15yrs. I have read in this forum & somewhere else also, that almost everyone suggest that PPF should be the first choice for any safe/tax free return & should be must in your portfolio.

    I don’t have any idea about the policy you mentioned, if you want please compare the pros/cons with any other alternative, but not with PPF

  5. Keyur Jinwala says:

    Thanks
    Can you give me some reason for not buying Jeevan Shree? I mean is there any obvious drawback which I am missing? Or is it (or any LIC policy) not worth investment? Any other option where I can invest and get good returns?

  6. ashalanshu says:

    Dear Keyur, are you not aware that PPF account can be extend for unlimited period in a blcok of 5Y each time after the initial 15Y period? No matter you need insurance or not, please do not purchase this Jeevan Shree policy.

    Thanks

    Ashal

Leave a Reply

Your email address will not be published. Required fields are marked *

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

Download Our FREE Ebook!

Available only for first 100 people today

Download Our FREE Ebook!

Available only for first 100 people today