Dear Policyholders,
I think almost all my policyholders having ULIPs are pleased due to the rate of return on their investments together with other benefits ie tax savings, risk-cover, benefits under sectin 80 C, facility of nomination, ease of investing, keeping debt/equity ratio at the desired level in accordance with the prevailing situation through free switching option and liquidity. This has demonstrated that the ULIPs are the best investment and insurance products.
Since after my advice to you on 29 Jan 2011 (which you may go through and refresh memory), much happened. The budget, the RBI action, the Japanese disaster, the West Asian turmoil and the local political events happened during the intervening period. The markets have not dented much although. This is because of the little room on the down-side and I in fact conveyed the same idea in previous posts.
I think there is now enough scope of getting good returns in financial year 2011-12. For reference Nifty closed at 5480 after having seen the sub-5300 level since Jan 11. It means that those who have moved to equities in greater proportion as per advice have entered at right time and patience would reward them.
I take this occasion to remind you that the ULIP holders since before 2010, have a provision under policy to top-up at minimal cost of 1 pc . All of you must top-up funds on your policies if the funds are available because these funds will not be tied-up due to absence of lock-in already (or small period left) and may participate in the debt/equity investment as per choice.
Please write to me for any specific query.
With best wishes to you and your family members,
Krishnakumar Khandelwal
I think almost all my policyholders having ULIPs are pleased due to the rate of return on their investments together with other benefits ie tax savings, risk-cover, benefits under sectin 80 C, facility of nomination, ease of investing, keeping debt/equity ratio at the desired level in accordance with the prevailing situation through free switching option and liquidity. This has demonstrated that the ULIPs are the best investment and insurance products.
Since after my advice to you on 29 Jan 2011 (which you may go through and refresh memory), much happened. The budget, the RBI action, the Japanese disaster, the West Asian turmoil and the local political events happened during the intervening period. The markets have not dented much although. This is because of the little room on the down-side and I in fact conveyed the same idea in previous posts.
I think there is now enough scope of getting good returns in financial year 2011-12. For reference Nifty closed at 5480 after having seen the sub-5300 level since Jan 11. It means that those who have moved to equities in greater proportion as per advice have entered at right time and patience would reward them.
I take this occasion to remind you that the ULIP holders since before 2010, have a provision under policy to top-up at minimal cost of 1 pc . All of you must top-up funds on your policies if the funds are available because these funds will not be tied-up due to absence of lock-in already (or small period left) and may participate in the debt/equity investment as per choice.
Please write to me for any specific query.
With best wishes to you and your family members,
Krishnakumar Khandelwal
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