Dec 01, 2015 12:52 PM
30085 Views
LIC is one of the oldest means of investment. My grandfather, my father, and now I am investing in this, so that generation by generation trust counts for something.
The growth fund of LIC is really good and on most days shows a growth of around 20% over your principle amount of investment.
Though you should always understand that in case of mutual funds, it is subject to market risks, so invest only a portion of your savings. This is especially good for those who are on the age of retiring, as this proves a good compliment to pension plans. The trust of LIC is always there.
