Dear Policy Holders,
The current financial year has started with some doubtful prospects about the stocks related returns. You may recall that about an year ago you were told that the returns through equities would not be as much as through the interest bearing securities and the strategy has paid off. Also, during the year the opportunity came about to keep funds in growth funds and some of the policy holders took advantage but my advice of going out of equity completely in Feb 07 beginning also kept you in safe waters.
I expect the future now holds promise and the conservative ones amongst you should now be getting in to at least balanced fund fully , the aggressive ones may go for 100 % equity managed fund where the equities form between 30% to 70% of total and the rest is in govt. securities/bonds. Those who are least interested in equities and are more concerned with capital safety should go in to 100% defensive fund. Those who decide to be entirely in to secured funds may miss the chance of safely improving the returns.
For your information the Sensex closed yesterday at 12856 and Nifty closed at 3752. The fund values are available on www.hdfcinsurance.com, you can have the historical values also here . You should be referring this site more often to know your own fund value under unit linked plans. Please write to me at khandelwal.kkinsurance@gmail.com for any matter in this regard.
Wishing you a good financial year ahead,
Krishna Kumar Khandelwal
No comments:
Post a Comment