Dear Policy Holders,
I do hope you have been following the analysis of the present economic scene posted on our blog www.birdinfostock.blogspot.com. It is regularly given so that there is an understanding about the background against which I give the switching advice.
Now is the time for the aggressive amongst you to switch in to 'growth fund' completely.
The moderates also should be switching in to 'equity managed fund fund' where the equity holding ranges between 30 p.c. And 70 p.c.
The conservatives should now be wholly in to 'balanced fund' and hopefully there would not be any adverse surprise and the capital will grow more than the present rate of inflation. In the present circumstances the interest may barely cover it hence the need to be in equities to a greater degree.
I do hope the you have appreciation of the facility of twenty four switches allowed by HDFC SLIC without any charges. Most other companies allow on four free switches and than charge between Rs 100 to Rs 500 per switch.
I have to further point out to you that the funds are presently beating the bench mark indices and would keep doing so till the end of July month as the dividends received are added to fund value in the months of June and July.
Hari Om
Krishna Kumar Khandelwal
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