Table of Contents
- 1 Which is the best guaranteed return plan in India?
- 2 Which investment products gives guaranteed return?
- 3 Is it good to invest in guaranteed income plan?
- 4 What is the maturity benefit in guaranteed income plan?
- 5 Is Kotak Assured income Plan Good?
- 6 Is Rs 50 per thousand basic sum assured guaranteed added tax free?
- 7 What are the best saving schemes for monthly income in India?
Which is the best guaranteed return plan in India?
Best Traditional Plans in India
| Plan Name | Plan Type | Entry Age |
|---|---|---|
| India First Maha Jeevan Plan | Endowment Plan | 5-55 years |
| Kotak Assure Income Accelerator Plan | Endowment Plan | 0-60 years |
| Max Life Guaranteed Monthly Income Plan | Money Back Plan | 25 – 65 years |
| PNB Metlife Money Back Plan | Money Back Plan | 13-55 years |
Which investment products gives guaranteed return?
Best Investment Options
- Fixed Deposits. Fixed deposits (FDs) are financial instruments, specially designed for the offer investors with low-risk appetites.
- Mutual Funds.
- Government Bonds.
- Endowment Insurance Plans.
- Post Office Schemes.
- National Pension Scheme.
- Senior Citizen Savings Scheme.
- ULIP Plans.
Is it good to invest in guaranteed income plan?
This may be helpful for risk-averse investors who look to avoid market risks and want a secured avenue for their investments. Guaranteed income plans secure a source of additional income. The premiums paid as well as the incomes that you receive are tax-free subject to certain terms and conditions.
Which is the best Guaranteed Income plan 2021?
Best Investment Plans in India to Invest in 2021
| Investment Plans | Plan Type | Entry Age |
|---|---|---|
| Edelweiss Tokio Guaranteed Income Plan | ULIP Plan | 0-60 years years |
| Exide Life Weath Maxima | ULIP plan | 0-65 years |
| Future Generali Easy Invest Online Plan | ULIP | 0-60 years |
| HDFC Life Click2invest | ULIP | 30 days – 65 years |
Which mutual fund gives guaranteed returns?
Public Provident Fund (PPF) : PPF is one of the safest fixed income investment as it does not bear any market risk. It is is fully secured with government guarantee. PPF has a maturity of 15 years which can be further extended by five more years.
What is the maturity benefit in guaranteed income plan?
Once the policy matures, you will receive a guaranteed payout that resembles a regular salary for a certain number of years. The number of years depends upon the insurance cover chosen, the premium paid, and the sum assured upon maturity of the plan.
Is Kotak Assured income Plan Good?
The guaranteed annual income payable under the Kotak Assured Income Plan is definitely impressive and so is the maturity benefit, which is a percentage higher than the basic sum assured. In fact, after the 10th policy year, the annual assured income broadly compensates for the premium outgo.
Is Rs 50 per thousand basic sum assured guaranteed added tax free?
While leading banks now offering Fixed Deposit (FD) rates of around 5-6 per cent per annum, Rs 50 per thousand Basic Sum Assured guaranteed addition would generate higher return and that too tax free, as the calculation will be done on the amount of Basic Sum Assured and not on the amount of premium. Pay LIC monthly, but get yearly-mode discount!
Should you invest in something that gives 24\% returns?
If you invest in something that gives 24\% returns? If someone promises to double your money in 2 years, then he is giving you 36\% returns, which is unrealistic. Most likely it’s a scam. Stock investment is one of the most attractive investment options due to its high return potential.
Which is the best tax saving mutual fund in India?
Since this is an equity mutual fund and investment period is 3+ years, returns / capital gains are tax free. Some of the top ELSS tax saving mutual funds are Reliance Tax Saver fund, ICICI Pru Tax Plan, Franklin India Tax Shield fund etc.
What are the best saving schemes for monthly income in India?
The monthly saving scheme regulated by Post Offices in India is one of the best schemes for monthly income. This is a Government backed saving scheme which allows the investors to save a specific amount every month. The maturity period of the scheme is 5 years from the date on which account is opened.