Aseem was very enthusiastic when he prepared a financial plan few years back with the help of professional financial planner. What was the plan in brief – Mutual Fund Investment – Rs.8000/- per month with annual increase in the installment depending upon salary increase. Surrender all LIC policies and buy a term plan. Invest in PPF with…
Prepare Your Own Capital Protection Oriented Fund:
Today there are number of capital protection oriented funds are coming in the market.As market is not going well,plans like fixed maturity plans(FMPs) or capital protection oriented funds are on rise.Such funds uses static hedge approach and allocate the funds in that proportion so that at least capital get protected.But is there really a need…