Hi I heard that in icici life time super plan. if i invest 20k per year for 3 years(60k ) i ll get a max return of 25%. so at the age of 40 i must me getting 40-50 lakhs. i just want to know more abt this .. and is this the right policy.
I am new to this kind of investment scheme, i am 41 years, recently i got some money around one lakh. i want to invest this money in my ppfaccount as wel as mutul fund scheme, i don't know which mutul fund is good, and i don't want to take much risk on my investment, pld suggest me some good mutul fund schemes and muntly invetment schemes also.
Sir, I have icicipru lifetime shield policy for last one year with premium of 50000 annually.I wish to continue it for 30 years,I am 35 years old,we both are doctors,will it give me high returns after 30 years? how much should I expect after that period?
10th tip should also include "Sell - when your objective or target returns are met" this will give you additional funds to buy on decline or invest through SIPs when rebalancing your debt/equity portfolio.
I think every investment must be given some time to fetch good results. I myself started investing when the market was around 11,000 pts. But I am not at all worried because of the following reasons: 1) I have a long time horizon around 6-10 years. 2) I use SIP for investments. 3) I invest the amount which I can easily risk. 4) I select fund very carefully. I take in to consideration at least last 5 yrs of returns.
This is a superb article for both new and seasoned investors.
Request advise whether it right time to invest in the Life Time Balancer insurance scheme of ICICI Prudential Life Insurance. My option is to invest for a period of 3 to 5 years an amount of only Rs 18000 per year. Whether the scheme can be expected to fetch a return of more than 10% annually for the next 3 to 5 years besides the insurance cover of Rs 200000 and additional accident benefit of Rs. 100000. I shall be grateful to you if you would send to me your recommendations at this stage when sensex is at around 10420
RE:Investment in Life Time Balancer insurance scheme of ICICI prulife.
by Kishore on Jul 06, 2006 08:41 PM
You will get more than 15% returns by selecting BALANCER Fund Option in Lifetime of ICICI. Post 1.7.06 the new name is "Lifetime Super". Great decision....pl go ahead.
RE:Investment in Life Time Balancer insurance scheme of ICICI prulife.
by Amar P on Jul 04, 2006 09:54 AM
Whether the scheme can achieve 10 % is hard to say as no one can predict where the Sensex will be in an years time frame (Macro picture still paints a strong fundamental story).Equity investments are long term investments and you should expect to stay invested over several business cycles to make sizeable money...
What you should be concerned more about is whether post all expenses in an ULIP will you be able to generate the returns you expect. ULIPs usually tout figures such as 40 % return etc...but what is normally missing at the end of the day is How much units you Own , Current NAV and Market Value as on that date (Since Entry loads in ULIPs can be as high as 10-65% , they eat into your returns).
I am personally of the opinion that go to insurance companies for insurance i.e Buy a Term Plan with the cover that you need and opt for a diversified equity mutual funds with a 5 year track record or Balanced funds for investments based on your investment objective (10 %) ,tolerance to risk, time horizon for the investment etc.
