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What do you Think which investment plan is better? 1: Mutual Funds 2:Insurance Policy 3:Postal Finance Please Explain WHY??

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Question added by Muhammad Asam , Administrator , Pertemps
Date Posted: 2013/10/28
Nitin Gupta, ACA
by Nitin Gupta, ACA , FP&A , Rockwell Automation

If you can take risk and want more return then you should go for Mutual funds as you can plan your portfolio.

 

Otherwise take Postal finance as an investment option, you also get tax advantage in this case.

 

Under no circumstance go for Insurance as an investments. Search on net there is a plenty of evidence for this.

Prasanth Prabhakaran
by Prasanth Prabhakaran , Accounts Manager , BRASSWORLD

Depends on your needs and preferances

Postal finance Secure, low returns, tax incentives, high liquidity

Insurance : Secure Marginal returns, More higher risk, tax incentives depending on the schemes, plus insurance cover for a premium, not liquid

Mutual Funds Not secure, High returns, tax incentives depending on scheme, comparatively less liquid

Bilal  Yaqoob
by Bilal Yaqoob , GL Supervisor , Leejam Sports Company

Mutual Funds

 

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