Professional Documents
Culture Documents
ii.
Physical Gold
Form: Biscuit, brick, jewellery
1.1 % tax on purchase
Gold Scheme
Rate is lower than physical gold by Rs. 1000-1500.
No charges on purchase
No tax on sale after 1 year
Within 1 year, exit load of 1.1%.
Reliance Gold Fund
Good bargaining power
SBI Gold Fund
ICICI Gold Fund
HDFC Gold Fund
4. LIC of India
Best among all government schemes
New Jeevan Anand Policy
Lets say policy of Rs. 5 Lakhs for 25 years
Monthly premium is Rs. 21908.
Total premium paid in 25 years is Rs. 54700.
Returns:
i.
Rs 5 lakh initial paid up
ii.
Bonus = 1.5 times of initial paid up = 7.5 lakhs
iii.
Total = 12.50 lakhs
iv.
Even after maturity, policy will continue for lifetime for 5 lakhs.
v.
Death case before maturity during:
vi.
1. Rs