Dear Policy Holders,
The markets have had good come back from low levels and in the mean time the RBI has raised bench-mark interest rates. This has resulted in 'bond' prices going down and yields going up. This situation calls for some adjustment in the 'fund mix' under your ULIPs. You may now do switching as advised below:
The aggressive should now have 20 p.c. exposure in 'secured fund' and rest in 'equity managed fund'.
The conservatives and moderates should now have 30 p.c. exposure in 'defensive fund' and rest in 'balanced fund'.
The above is tentative advice and if and when the 'Nifty' moves up in the range of 4600 to 4700 points , I will come back with fresh advice to take advantage of the situation and also ensure greater safety.
Thanking you for letting me serve you.
Hari Om
Krishna Kumar Khandelwal
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