The thumb rule of investment is never mix investment and insurance. Both should be separate. No need of LIC Jeevan Anand or Guaranteed income of ET Money. Take term insurance and invest rest of the money in Mutual funds or Smallcase. The returns from mutual funds and smallcase for long term is more than LIC or ET money plans
We get your point. But, the guaranteed income plan is suitable for someone who is a conservative investor and is looking for guaranteed returns. If you have apt risk profile, you must go for mutual funds or direct stock investments. And, you can get all this at one place --- on the ET Money App. Do check it out. 😇
One should be clever enough to diversify its investment like Mutual fund, Stocks, EPF, PPF, VPF, NPS, LIC policies, Superannuation, FDs etc. Mixed bag of high, fixed, moderate returns helps to survive all probabilities considering highly volatile world we are living in. One should also consider parameters like tax free returns, assured returns etc as one of the parameter.
It is a product by Max Life which guarantees an XIRR of 7.1% tax free. The returns are way higher than those offered by LIC plans. We want investors to earn better returns on their hard-earned money.
The thumb rule of investment is never mix investment and insurance. Both should be separate. No need of LIC Jeevan Anand or Guaranteed income of ET Money. Take term insurance and invest rest of the money in Mutual funds or Smallcase. The returns from mutual funds and smallcase for long term is more than LIC or ET money plans
We get your point. But, the guaranteed income plan is suitable for someone who is a conservative investor and is looking for guaranteed returns. If you have apt risk profile, you must go for mutual funds or direct stock investments. And, you can get all this at one place --- on the ET Money App. Do check it out. 😇
One should be clever enough to diversify its investment like Mutual fund, Stocks, EPF, PPF, VPF, NPS, LIC policies, Superannuation, FDs etc. Mixed bag of high, fixed, moderate returns helps to survive all probabilities considering highly volatile world we are living in. One should also consider parameters like tax free returns, assured returns etc as one of the parameter.
@5 minute by etmoney, what is xirr for the plan from etmoney suggested in video?
At Time stamp 6:35: The XIRR of this plan is 7.1%.
Please analyze LIC Index Plus Plan as well
HELPFUL
In the name of guaranteed return et money is selling max life insurance , they want lic policyholders or future customers to go for their product
It is a product by Max Life which guarantees an XIRR of 7.1% tax free. The returns are way higher than those offered by LIC plans. We want investors to earn better returns on their hard-earned money.
I don’t invest in Lic policies. I trust mutual funds
That's a good choice..!
Hi how is the new plan different from Lic s old jeevan Anand plan? Thanks
Same
What is the difference in jeevan anand 915 and 715
Don't invest in LIC
No thank you