Dear Policy Holders,
Please refer to my last post about switching in respect of your unit linked policies. Since then the share markets have gone up but making it prone to substantial correction whenever any trigger in that direction comes to be noticed by big players.
This is the juncture where it is advisable to be cautious for the long term investors which is necessarily the character of the insurance/pension policy holders under the aegis of the Insurance Companies. I have no reservation in suggesting the move out from funds with equity flavour and get into Secured Fund completely. After the correction actually taking place and with fresh assessment of the situation then prevailing I would address you with the necessary suggestion with regard to proportions needed to maintain for safe growth of funds.
For the sake of record please note that the Nifty closed on 24 Jul 07 at 4620.
Hari Om
Krishna Kumar Khandelwal
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