kdapparao Posted August 21, 2021 Report Share Posted August 21, 2021 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 Quote Link to comment Share on other sites More sharing options...
Ryzen_renoir Posted August 21, 2021 Report Share Posted August 21, 2021 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 1 Quote Link to comment Share on other sites More sharing options...
aakathaai789 Posted August 21, 2021 Report Share Posted August 21, 2021 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. Quote Link to comment Share on other sites More sharing options...
kdapparao Posted August 21, 2021 Author Report Share Posted August 21, 2021 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 Quote Link to comment Share on other sites More sharing options...
Kool_SRG Posted August 21, 2021 Report Share Posted August 21, 2021 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.. Quote Link to comment Share on other sites More sharing options...
jalsa01 Posted August 21, 2021 Report Share Posted August 21, 2021 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.. Quote Link to comment Share on other sites More sharing options...
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