SillyDonut
SillyDonut

ULIP disinvestment

So, a banker sold me ulip product 4-5y back.

Made almost 2x profit.

But now I am thinking to park this money somewhere else...it's tax free btw ( 80, 10 X D)

Options are many and am confused 🤔

Can anyone help me...

I am thinking to buy agricultural land or direct stocks. ( But market is at all time high)

Post image
17mo ago
Jobs
One interview, 1000+ job opportunities
Take a 10-min AI interview to qualify for numerous real jobs auto-matched to your profile 🔑
+322 new users this month
SillyDonut
SillyDonut
TCS17mo

HDFC mba wealth mgr are bullshit...they always suggest to reinvest in ulip.

Surprisingly, I can't buy HDFC opportunities fund from HDFC website but Groww offers that at very low expense ratio (direct fund)

BubblyTaco
BubblyTaco

“kya karu itne paiso ka”

wealth manager: “reinvest sir”

SillyDonut
SillyDonut
TCS17mo

Yeah... They get huge commission for ulip

Discover more
Curated from across
Personal Finance
by PerkyMuffinSecurity Engineer

Investment advice

I have 20+ lakhs in bank account. My bank contact agent is telling me to invest these in a less risk mutual fund rather than in fds . What are your views on it? Is it the right path to go as that would help me save tax.

Personal Finance
by JazzyBiscuitMoengage

How do you invest your salary?

It's been close to a year since I am earning a salary and this is what I do:

  1. Invest a little less than 30% straight into MFs. I have three ongoing SIPs- small cap, flexicap and a Large + Midcap fund. (Planning to increase the amount ...
Top comments
user

Following the 50-30-20 rule for 5 years now. Started with a salary of 6LPA fixed. Now at 25LPA. Investing ...

user

I do the same. Invest 50% in MF(Flexi cap and Index funds) and remaining in 80C instruments here and there. Tip - M...

Personal Finance
by SquishyJellybeanSoftware Developer

New to Tax

Hello all, so I'm a student still, I'll would be joining a company soon and I want to learn about what all tax systems we have and how do I manage them, I want to do them myself in future, where do I learn and what all should I be aware ...