Dec 31, 2007 04:57 PM
4518 Views
I dont agree with others. They have variety of products. One need to hv rt one.
I have one ULIP plan, which is giving me excellent return.
One can avail loan against some policies, interest rates are attractive. I think fund managers are too good- one of the best.
Your fund will be secured, dont worry. Initially for 3 years most of the insurance companies will deduct sum of money to cover up admin and other costs. Investors may think that the fund value is low, as after deduction rest of the sum is invested in the capital market.
I dont agree with others. They have variety of products. One need to hv rt one.
I have one ULIP plan, which is giving me excellent return.
One can avail loan against some policies, interest rates are attractive. I think fund managers are too good- one of the best.
Your fund will be secured, dont worry. Initially for 3 years most of the insurance companies will deduct sum of money to cover up admin and other costs. Investors may thing that the fund value is low as after deduction rest of the sum is invested in the capital market.
But this is true to all most all products of ohther companies.
So after 3yrs you may find that deduction is low/ nil. Fund will be only invested in stock market. Your bull run will start then.
So plz dont blame MNYL.They are too good.Any way market regulator is very strong.