Friday, January 11, 2008

Fund Switching Advice as on 10 Jan 2008

Dear Policy Holders,

I am speaking to you after 9 Nov 07 regarding fund switching. The Nifty now is around 6200 level and you have already had four occasions to switch 10% each time in to 'growth fund' and thus you have 40% investment in 'growth fund' and rest in 'secured fund'.Now please read carefully and note the following:

The conservative amongst you should now come back to 'secured fund' fully and stay there till the next advice.

The aggressive investors should now stop taking further exposure in 'growth fund' and should maintain their funds in the present proportion till next advice.

I do hope you are helped by what comes from me under these columns, please do not hesitate to consult me in case of need.

Hari Om


Krishna Kumar Khandelwal

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