ICICI lo 50L deposit cheyyacha?

[GucciGang]

1 minute ago, Thalaivar said:

One of my friends suggested this recently. Wealth creation kosam ae kada? 

yes  nen bhi vinna

[tokkalogola]

1 hour ago, Paidithalli said:

 

7.5 ante 35K vosthadhi 

1 CR deposit cheste if you have own house happy ga batikeyavotchu,,,

[Thalaivar]

Just now, Spartan said:

ha

sounds good. Chits badulu deentlo pettochemo

[GucciGang]

20 minutes ago, Spartan said:

nenu FD cheyaledu but SBI Smart elite plan Life Insurance teskunna..

last year he gave 10% returns... avg returns 4-8% untai..

that amount is also tax free...ICICI and bajaj lo kuda unnai alantivi..

but SBI got good returns if u r putting min 6Lak per annum for 5yrs or 10yrs..u can choose.

@Spartan smart elite best a    india pothunna e weekend   account open chesi set chesta

[You_Know_Who]

1 minute ago, GucciGang said:

@Spartan smart elite best a    india pothunna e weekend   account open chesi set chesta

ULIPs are always risky.. depends on ur risk profile.. ICICI lo kuda manchivi untai but i suggest keeping insurance and investment seperate...

If you have sufficient insurance then think about such wealth creation  ULIPs... tappem ledu

[psycopk]

29 minutes ago, Spartan said:

 

 

adi per month kaadu..per annamu..

per month around 2.7K vastadi ante...50L ki...

lol..meeru cheppina prakaram ante.... 1 Crore este nelaki 7 lakhs istada....

 

per month 30K ichukuntu unte Bank vallu Gundu kottukovali.

@psycopk

 

simple math... 12% interest veste.. 1cr ki 12lks vastadi annualy..

12% for 50lk= 6lk per annum

7.5 for 50lk-  3.75lk per annum

 

3.75/12= 31k per month.

 

deni meda tax untadi ani naa feeling..

[shamsher_007]

28 minutes ago, Spartan said:

nenu FD cheyaledu but SBI Smart elite plan Life Insurance teskunna..

last year he gave 10% returns... avg returns 4-8% untai..

that amount is also tax free...ICICI and bajaj lo kuda unnai alantivi..

but SBI got good returns if u r putting min 6Lak per annum for 5yrs or 10yrs..u can choose.

insurance plan aa adi?

[Spartan]

Just now, shamsher_007 said:

insurance plan aa adi?

yes

[Spartan]

5 minutes ago, psycopk said:

simple math... 12% interest veste.. 1cr ki 12lks vastadi annualy..

12% for 50lk= 6lk per annum

7.5 for 50lk-  3.75lk per annum

 

3.75/12= 31k per month.

 

deni meda tax untadi ani naa feeling..

yeah Math i got it right later..

but NRE account lo no need to pay tax.

[Spartan]

8 minutes ago, GucciGang said:

@Spartan smart elite best a    india pothunna e weekend   account open chesi set chesta

 

6 minutes ago, You_Know_Who said:

ULIPs are always risky.. depends on ur risk profile.. ICICI lo kuda manchivi untai but i suggest keeping insurance and investment seperate...

If you have sufficient insurance then think about such wealth creation  ULIPs... tappem ledu

nenu anduke short term plan chesa... 5years and take out..

avg ga 10% vachina chalu ani..

incase if i see better returns, can increase it to 10years...

[Thalaivar]

7 minutes ago, You_Know_Who said:

ULIPs are always risky.. depends on ur risk profile.. ICICI lo kuda manchivi untai but i suggest keeping insurance and investment seperate...

If you have sufficient insurance then think about such wealth creation  ULIPs... tappem ledu

In what manner? On the returns? 

Also, insurance and investment separate enduku? 

[Spartan]

2 minutes ago, Thalaivar said:

In what manner? On the returns? 

Also, insurance and investment separate enduku? 

if u opt for 10yr term for ex in above mentioned plans..

u are covered for full premium amount for Life Insurance for 10years..(no additional payments needed).

[You_Know_Who]

Just now, Thalaivar said:

In what manner? On the returns? 

Also, insurance and investment separate enduku? 

ULIP returns are subject to market fluctuations... and less insurance based on what you pay... many plans give insurance 10 times ur yearly premium...

for example 50k per year = 5L insurance cover along with fund value 

But insurance paranga 5L is peanuts... and you might get avg of 7-10pc returns on the ULIP part.  

Insurance kosam aitey get a Term insurance and invest something in ULIP as an alternative option . Ive read somewhere that NRIs cannot invest in mutual funds directly but they can indirectly do it via ULIPS... 

 

[You_Know_Who]

Just now, You_Know_Who said:

ULIP returns are subject to market fluctuations... and less insurance based on what you pay... many plans give insurance 10 times ur yearly premium...

for example 50k per year = 5L insurance cover along with fund value 

But insurance paranga 5L is peanuts... and you might get avg of 7-10pc returns on the ULIP part.  

Insurance kosam aitey get a Term insurance and invest something in ULIP as an alternative option . Ive read somewhere that NRIs cannot invest in mutual funds directly but they can indirectly do it via ULIPS... 

 

Term insurance lo 10-20k per year kaditey around 1Crore plus istadu cover ...which is way better than ULIP coverage.

Dont bother of premiums not coming back...at the end it doesnt matter if you can use your funds in a better way rather than giving to insurance/fund companies

[Thalaivar]

9 minutes ago, Spartan said:

if u opt for 10yr term for ex in above mentioned plans..

u are covered for full premium amount for Life Insurance for 10years..(no additional payments needed).

 

8 minutes ago, You_Know_Who said:

ULIP returns are subject to market fluctuations... and less insurance based on what you pay... many plans give insurance 10 times ur yearly premium...

for example 50k per year = 5L insurance cover along with fund value 

But insurance paranga 5L is peanuts... and you might get avg of 7-10pc returns on the ULIP part.  

Insurance kosam aitey get a Term insurance and invest something in ULIP as an alternative option . Ive read somewhere that NRIs cannot invest in mutual funds directly but they can indirectly do it via ULIPS... 

 

 

6 minutes ago, You_Know_Who said:

Term insurance lo 10-20k per year kaditey around 1Crore plus istadu cover ...which is way better than ULIP coverage.

Dont bother of premiums not coming back...at the end it doesnt matter if you can use your funds in a better way rather than giving to insurance/fund companies

Thanks very much!!