Many readers may not agree and even experts might have their reservations about them, but the new online Ulips are very different from the pre-2010 policies. The new Ulips have very low costs, which leaves a lot on the table for the buyer. According to Morningstar, aggressive Ulip plans have earned almost 12% annualised re turns in the past five years.
However, keep in mind that these numbers only indicate the rise in the NAV. Some Ulip charges are levied by cancelling units, so the actual returns for the investor are likely to be lower. Even so, the ease of online access has made these plans attractive and use friendly.
What's more, being insurance policies, the income from these plans is tax free under Section 10(10D). So, if you switch your corpus from debt to equity and then back to debt, the gains will not be taxed. You can also park short-term money in the liquid fund of your Ulip using the top-up facility.
Despite these advantages, Ulips continue to be in the doghouse. It is time for investors to assess these plans afresh, without being influenced by the chequered history of the category.
Top 10 Tax Saver Mutual Funds for 2018
Best 10 ELSS Mutual Funds to invest in India for 2018
1. DSP BlackRock Tax Saver Fund
2. Invesco India Tax Plan
3. Tata India Tax Savings Fund
4. ICICI Prudential Long Term Equity Fund
5. Birla Sun Life Tax Relief 96
6. Franklin India TaxShield
7. Reliance Tax Saver (ELSS) Fund
8. BNP Paribas Long Term Equity Fund
9. Axis Tax Saver Fund
10. Birla Sun Life Tax Plan
Invest in Best Performing 2018 Tax Saver Mutual Funds Online
Invest Best Tax Saver Mutual Funds Online
Download Top Tax Saver Mutual Funds Application Forms
For further information contact SaveTaxGetRich on 94 8300 8300
------------------------------
Leave your comment with mail ID and we will answer them
OR
You can write to us at
Invest [at] SaveTaxGetRich [dot] Com
OR
Call us on 94 8300 8300
0 comments:
Post a Comment