Is buying life insurance getting in the way of building wealth with a SIP?
Now you can do both!
We, at FundsIndia, have added a new service to our offerings - SIP with Insurance.
With this new service, you can invest in select mutual funds and get FREE life insurance*- build wealth while securing your family!
To make things even simpler, we’ve got just the fund for you - Birla Sun Life Equity Fund.
About the fund
An equity fund, it invests in large-cap stocks.
The BSE 200 index is the fund’s benchmark.
It aims at maintaining the portfolio’s sector allocations within a certain range of the BSE 200 index's sector weights.
It has the freedom to pick stocks outside the BSE 200 index that could be potential entrants to it, or that are growing much faster than those in the index.
Capital gains on holding for more than one year are tax-exempt.
SIPs in the fund are eligible, subject to terms and conditions, for Birla AMC’s program of offering free insurance cover based on SIP value.
FundsIndia Rating: 5 stars
Insurance details
Investors are eligible for insurance that equals 10 x SIP amount in the first year, 50 x SIP amount in the second year and 100 x SIP amount in the third year, up to a maximum limit of Rs. 25 lakhs.
Fund suitability
Since it is a large-cap fund, it is suitable for investors with a moderate risk appetite.
As it is an equity fund, holding for five years or more will be required for it to deliver well.
Invest today, for not just a brighter future, but for one with added security for your family!
In case you have any queries, please feel free to call us on (0) 7667 166 166. Alternatively, you can write to us at contact@fundsindia.com, and we’ll be happy to assist you.
Warm Regards, Team FundsIndia
* This is a SPONSORED ADVERTISEMENT. FundsIndia.com does not endorse any product or service being offered through this advertisement. *Insurance cover will be available only for the first holder and will exist even after termination of SIP, only if terminated after 3 years. * Mutual Fund Investments are subject to market risks, read all scheme related documents carefully. * Past performance is not indicative of future results.
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