A combination of ELSS or PPF with a term plan offers better coverage and returns, says Tinesh Bhasin.Illustration: Uttam Ghosh/Rediff.com Single premium life insurance policies have become popular since demonetisation was announced. All life insurance companies put together collected Rs 6,692 crore premium for individual single premium plans -- a growth of 507% compared to the same period last year. "In the initial days of demonetisation, life insurance companies were accepting old notes and ... Rediff.com, 1 week ago
Though it had begun on a promising note, 2016 turned out to be a disappointing year for equity investors. But investors in debt and gold earned decent returns. Analysts believe the poor performance by equities might continue in 2017 due to the ...Economic Times, 2 weeks ago
For longer tenure products, they offer higher returns compared to other instruments. But for shorter tenures, things are getting tighter for investors. Despite the recent interest rate cuts in small savings schemes; they still remain attractive for retail investors. For the October-December quarter, the government has reduced interest rates by 10 basis points across the schemes. The one-year fixed deposit now carries seven per cent interest rate. The returns on two, three, and five-year ...Rediff.com, 2 months ago
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