Hi Srikanth,
I need some clarification, birla insurance fund advisers are saying when market falls drastically the Debt Funds and Income fund - ULIP give more returns is it true always, i mean is the min.return 100% guaranteed in debt / income Ulips specifically i am asking about BIRLA INCOME ADVANTAGE FUND.
Please kindly advice
1 Answers
Hi,
The returns from Debt oriented products are dependent primarily on the INTEREST RATE cycle. Debt funds can give decent returns when the interest rate cycle is in downward trend.
Kindly note that returns from debt oriented funds are not guaranteed.
Personally, I avoid investing in any kind of ULIPs. You may consider investing in Debt mutual funds if the requirement is so.
http://www.relakhs.com/best-debt-mutual-funds-india-top-debt-funds/
Please login or Register to submit your answer