Traditional Insurance plan Vs Mutual Fund Vs FD

[kdapparao]

Experts can you come and tell which is better. Compounding ki yedi better and which yields high rate of return.

Eg LIC Umang plan 15 years we pay 2.4 Lakhs per year and we get 2.4 L every year till we are 100 years old

[Ryzen_renoir]

8 minutes ago, kdapparao said:

Experts can you come and tell which is better. Compounding ki yedi better and which yields high rate of return.

Eg LIC Umang plan 15 years we pay 2.4 Lakhs per year and we get 2.4 L every year till we are 100 years old

If you want a insurance plan , choose an pure insurance plan .

If you want higher rate of return choose an investment plan .

FD is only for temporary sotrage option , interest rates are so bad that you can barely get 3-4% returns after tax . 

I am not a fan of these LIC plans simply because even simple real estate returns more over long term . (Atleast they have in the last 40 years ) 

My father started  an LIC plan 25 years ago paying 70 k annualy for 15 years , it's supposed to return around 10+% annualised returns at his passing .  

If he invested the same amount in plot  in Chennai or Hyderabad the returns would be much more . Or if he invested in a index fund in BSE  it would be almost 18 times returns . 

In summary , don't invest in insurance instruments to get high returns they are only for safety if something goes wrong

 

 

 

[aakathaai789]

Neeku term insurance unte traditional plan avasaram ledu invest in SIP. Asalu FD anedi not recommendable these days. If you have patience to wait for 10 years. Go with mutual fund SIP. 

Parag parikh flexi cap fund is my personal recommendation. 

[kdapparao]

27 minutes ago, aakathaai789 said:

Neeku term insurance unte traditional plan avasaram ledu invest in SIP. Asalu FD anedi not recommendable these days. If you have patience to wait for 10 years. Go with mutual fund SIP. 

Parag parikh flexi cap fund is my personal recommendation. 

Term tesukovali bro, nenu last year India move ayanu.. mutual fund SIP explore chesthanu

[Kool_SRG]

1 hour ago, kdapparao said:

Term tesukovali bro, nenu last year India move ayanu.. mutual fund SIP explore chesthanu

Mundu term plan teesko.. 

Taravaatha mighathaavi alachinchavachu.. 

[jalsa01]

4 hours ago, kdapparao said:

Experts can you come and tell which is better. Compounding ki yedi better and which yields high rate of return.

Eg LIC Umang plan 15 years we pay 2.4 Lakhs per year and we get 2.4 L every year till we are 100 years old

LIC waste...   Term Insurance for 1 Cr ( 1 time payment 3Lakhs ala undhi for 30 yrs old upto 80 yrs) + and MF SIP choose( 1 Large cap/1 Mid/smallcap)  chesko monthly  20 K laga..