Dear Radhika Nandlal,

For God sake DONT Invest even 1 Rupee in any Pension Plan due to POOR Annuity Returns & Adverse Tax Laws.

Instead of Putting money in FD, Invest in UTI Mahila Unit Scheme with Dividend Reinvestment Option ( Div.Tax Free) to earn more than 11% on long Term Basis. This Scheme Invests less than 30% in shares
& more than 70% in Fixed Income Instruments. Even today,its 1 year/2year Returns are +ve.

P.C.Sharma





...

Dear Ritul,

It is Expected that Large Cap Oriented Funds will Perform Better in Next 1-2 years.

Continue SIP in Following

HDFC Top 200
DSPML Top 100
ICICI Infra.

Discontinue SIP in Following

Reliance GROWTH
SBI Magnum CONTRA
HDFC Prudence

Start Fresh SIP in any 2-3 of Following

Kotak-30
Sundaram Select Focus
DWS Alpha Equity Fund
DSPML Equity

If you want Midcap Fund, IDFC Premier Equity is BEST Option, otherwise IDFC Imperial Equity is GOOD Option.

No need to Invest in Reliance Growth/ RSF Equity in Current Scenario.

You may Invest in Reliance Growth / RSF Equity after 1 year by SIP.

P.C. Sharma




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Dear Mr.v.krishnamoorthy,

Please note that Insurance companies are doing BUSINESS for Profit. They are not doing any CHARITY.

I am not sure that there will be no problems to get DUE CLAIMS even if you submit all Papers( FIR etc.).

P.C.Sharma...

Dear vvrk,

Please check the Comparative Rates of Mediclaim in Indian Express Newspaper of Monday ( Supplement Express money) & Outlook Money Magzine.

Rliance Mediclaim is Cheapest for Single as well as Family Floater.


APPOLO DVK is Costlier but Good option ( for Certain AGES SINGLE).


P.C.Sharma...

Dear Mr.Venkat C,

If your Time Horizon is more than 2-3 years this is GOD GIFTED Opportunity to Invest in Selected ( not any) Equity Mutual Funds
( Large Cap Oriented ).

If you are already Invested in Above Average Performing Mutual Funds & incurred substantial Losses, you may wait for more than 1 year to Recover Losses. If you Redeem the Investments, you may not Recover the Losses.

If you are Invested in Below Average Performing Funds(Midcap/ Smallcap), Switch to Better Performing Large Cap Equity Funds.

Best Wishes,

P.C.Sharma...

Dear Radhika Nandlal.

All Banks give Loan Against F.D.

ICICI Bank offers Overdraft Facility ( Better than Loan)against Following ( Called LAS Account )

Selected Shares
Equity & Debt Mutual Funds
FD
NSC
Kisan Vikas Patra.
ULIPS of ICICI / LIC

Best option is to Discontinue Premium Payment for Unwanted Insurance Policies or Sureender them( Considering Tax Implications & LOSS of Principal amount Paid)

ICICI & HDFC Banks also give Loan against GOLD

P.C.Sharma

...

Dear Radika Nandlal.

You should not Redeem any ULIP till next 1 year. Continue as PAID up( Insurance cover Continue without Paying Further Premium After 3 years if Insurance cover is high not 1-2 Lacs). If Insurance cover is less, Surrender the ULIPS after 1 year or so .

LIC Conventional Policies may be Redeemed after understanding the Losses ( These may not have Investments in Stock be Market ).

AVOID Loan against Conventional Policies.

P.C.Sharma...

Hello Everyone, Thanks to your suggestions I invest in 4 funds in SIP. 1.DSP ML TIGER (I dont see amny people recommending ths fund. Why? If i can move to anyother fund , what can it be?) 2. franklin India Prima plus fund - i dint see anyone recommending this 3.Sundaram select focus 4.HDFC growth I invest 2500 pm one each of this. Please suggest if i should move to someother fund....

Sir What does SWP mean in the above article.? Thanks ...

Dear Mr. Sarma, I read a few days back --within two to three days-- that an Indian court has ordered that the insurance companies should not insist to submit an FIR copy for a MV accident and claim should be considered with other evidences available. Would you please let me know where it appeared with the details and your comments. thanking you with regards, v.krishnamoorthy ...

Hello Sir, instead of Buyingin the crashing markets, better exit at current levels, these are still the best levels to exit. Exit all big caps and mid cap stocks, I am Venkat from Training8m, Queensland Australia...

Yes i have no loans until now... i wanted to take a housing loan to build on top of my parents house..but i am not working so no loan will be given.. Will they give against policies i wonder.... i thought i should begin some business and the best place of course is the terrace of my parents home.. lets see..... nobody is giving loans against fixed deposits etc i think... now SBI is giving 11% interest onf FD.....

Dear Sharmaji, Thanks for throwing light on the subject. If, as you said, all Mutual Fund companies start offering Insurance covers, it will be great for Investors. I hope it happens soon. Regards, Srikanth shankar Matrubai ...

pcspune, My hubby i feel bought a dumb insurance policy going by the name Jeevan Dhara... when i looked into its scheme i got the shock of my life.. no lump sum payment to my kids on my death and no lump sum payment to me when i am alive. Whats the use of such a policy and i dont understand how my hubby so shortsighted to buy this.. The details of the policy are Jeevan Dhara plan Term 15 years notional cash option Rs 20 lakhs Amount of annual annuity 2L Is this a pension plan as i dont see anywhere mention of a bulk amount payable to me I am really not keen on pension plans as i would like to have bulk money. Would you kindly recommedna health insurance for me, i dont have one as of now and i am 46 years old in good health wiht no BP or sugar or any chronic problems....