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May 2008
Blogger Inspiration
I want look for a anything in future which makes you exercise as you write a blog entry
March 2008
Sponsorised links
January 2008
property management apartments los angeles ca
property management apartments los angeles, ca
Weston Fl Real Estate
Find, view or list for free Weston properties, Weston homes for sale Weston apartments for rent, , Weston FL commercial real estate, Weston house rentals
December 2007
Sylvia Kirchner Beaumont & Edmonton Real Estate
Sylvia Kirchner - Beaumont & Edmonton Real Estate
Hillsborough County Property Appraiser
Hillsborough County Property Appraiser ; Title Insurance Company, Florida
Hotel LIVAL Gdańsk
Hotel LIVAL Gdańsk, hotel w Gdańsku, hotel trójmiasto - hotel znajduje się nad samym morzem, obok ho
November 2007
Tax Saver Fund vs Unit Linked Equity Schemes
According to the prevailing tax laws, one can save tax on the investments in noted mutual funds, insurance, ULIPs upto Rs. 1 Lakh.
ULIPs are work as mutual funds exception, they provide insurance also. However linking the insurance with the investment is debatable. In my view insurance should be taken by everyone but at the same time it should not combined with investment. Investments are something different to the insurance.
Another point to be noted here is all the ULIPs charge 20% to 40% of the investment as administration and other charges at the initial stages. So we cannot expect the high returns until and unless we continue investing atleast 5 years. For instance the ULIP companies charges 20% for the first year, around 12% in the next year, 4% afterwards (Applicable for some schemes only, may vary for each scheme).
Coming to the mutual funds, the total charges must not cross 2.5% of the total investment. The investments may have to keep for 2-3 years. Tax saver funds provide the advantage of investing in equity apart from the tax benefit with much lesser administration charges. So I believe the tax saver funds beat the ULIPs.
I believe the invester should make wise decision when starting his investment in the equity. Both have their own advantages and disadvantages.
