Thursday, December 29, 2005

Planning for investment for Tax benefit?

I was checking for some investment instruments available these days for getting the benefit of Income tax.

Are you on your way to invest in LIC or NSC or something else?? then wait.. you might have missed this.

What would you say, if someone tells you there is some kind of investment which is giving 30% plus interest rates?? Surprising!!! I was also surprised.

Ya.. this product where you can invest is called ULIP... Unit Linked Insurance Plan.

The advantage in this plan is that, it is an investment as well as tax saver.
What the company does is: invest in corporate,FMCG etc., companies using our money and also some percent in Govt policies and then share the profit with us.

Found interesting??? then go to these links:
1. From Personalfn.com
2. outlookmoney.com article
3. icici policies
4. birlasunlife policies

Would like to see the CAGR and other policies available?? check this:
List of policies available

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