INSURANCE FOR A 18 YEAR OLD

Mr.Jagannath Surasgar asked : "i am looking for a pure term ins for my 18 year son. i dont see many companies offering term insurance for this age. most of them have min age at 21. does anyone know who would be doing cheapest term insurance at lowest age?. Shall I go for Free Insurance offered by some Mutual Funds?" Srikanth Matrubai advises : Thankfully, you are not thinking of taking a ULIP but a Term Plan. http://goodfundsadvisor.blogspot.com/2009/03/what-is-term-insurance.html...

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DWS MUTUAL FUND'S ETHICAL KILL

DWS Mutual Fund has murdered the business ethics right under the nose of SEBI and AMFI and no one seems to have taken note of it.BACKGROUND : - DWS Mutual Fund used to offer free life insurance to individual investors investing in DWS Tax Saving Scheme. In the unfortunate event of the demise of an investor an amount equivalent to five times the invested amount will be paid to the nominee. (i.e. Amount Invested X 5, subject to a maximum of Rs.5...

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USE THE 8TH WONDER OF THE WORLD

Normal 0 A popular saying goes ‘one should save for the winter while some summer is still left.’ It is quite common for young people to postpone their savings blissfully ignoring the fact of the Fascinating effect of Compounding has on your investment. The World's greatest scientest Albert Einstein said "compound interest is the 8th Wonder of the World". There is no magic formula for this. Compounding is in simple terms, re-investment...

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DSP BLACKROCK QUIZINDEX

The DSP BLACKROCK Mutual Fund people recently organised a Get together for Independent Financial Advisors of Bangalore in a star hotel. The programme was well organised and was hosted by the ever smiling Harsha Bhogle.Thankfully, the Quiz was not restricted to Mutual Funds but included topics ranging from Cricket, Movies to even Politics.Harsha Bhogle ensured that there was never a dull moment.Here are some photos of the event.Harsha Bhogle was at...

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BEST TAX SAVING FUNDS

Normal 0 Investing in Equity Linked Savings Scheme is the best way of saving tax, as it achieves the twin benefit of Tax Savings and providing benefits of Long Term Equity Investment. http://goodfundsadvisor.blogspot.com/2009/12/saving-taxes-elss-is-best-option.html I keep getting hundreds of emails requesting me to recommend me the BEST ELSS fund. It is practically impossible to answer and satisfy each of them. http://goodfundsadvisor.blogspot.com/2009/12/saving-taxes-elss-is-best-option.html...

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GOOD ELSS FUNDS FOR SIP

sushant from Goa Hi ,I want to start SIP for some ELSS fund over the next 9-12 months. Please suggest me some good ones. I have my list. Please comment on any additions/deletion:1) Sundaram Tax Saver2) Principal Personal Tax Saver3) Magnum Tax gainSRIKANTH MATRUBAI replied : Dear SushantIt is always a great idea to invest through SIPS. SIP investing is a no-brainer. 9 out of 10 times, you make more money through a SIP investment than through a Lumpsum Invesment.The next thing to consider is the Fund itself.My personal favourite has been Religare...

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BEST FUNDS FOR A NEW INVESTOR

ALL WEATHER FUNDSJagdish Kumar asked :Dear Sir,I need suggestion for Below funds, i m planning to start sip for Rs. 8000-10000 in below 2 or 3 funds. Pls help in choosing the best performing funds in future.Shortlisted Funds:1) Reliance Growth Fund2) Reliance Banking Fund3) Pru. Icici Infra Fund4) Icici Focused Equity Fund5) Templeton India Enquity Fund6) Franklin Asian Equity Fund7) Franklin Bluechip Fund8) DSP BR Top 1009) HDFC Top 20010)...

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