Guaranteed Highest NAV

All Insurance companies launched ULIP plans with Guaranteed Highest NAV in the last 7 years.

I wonder how there can be a Guarantee in a market linked plan.

Even if you invest in Debt funds, you cant guarantee the Highest NAV of a particular period  on maturity.

So these funds will be managed in such a way that the NAV is not going beyond a level.

Is it worth investing in such plans.

Instead you may very well go for a 100% equity or for a balancer Plan which will give a better return over a period of 8 more years.

Guaranteed Highest NAV

ULIP plans from insurance companies are regulated by IRDA.

SEBI wants to regulate and like to have a monitoring control over ULIP plans. ( IRDA is against this)

Now all insurance companies launched Guaranteed Highest nav in the first 7 years for a 8 to 10 year term ULIP policies.

This is to be analyzed by SEBI.

In Market linked plans there can be No Guarantee.

Agents are to be educated and trained well.

Sadhguru

“ our lives become beautiful

not because we are perfect.

Our lives become beautiful

because we put our heart

into what we’re doing

                                                               -Sadhguru

Patience

In life you need patience to achieve a thing.

Also everyday you can learn something, if you keep your eyes and ears open.

The other day Hashim  Amla showed what is patience.

A great test match innings.

Congrats to him.  May God bless him.

He played a very patient innings.

His stats

490 runs, 3 innings, 2 not outs,1033 deliveries, Ave 490,

3 centuries, 52 fours and just 1 six 

NTPC FPO

NTPC Follow on Public Offer is opening on 3rd February and is closing on 5th February.

41,22,73,220 shares of face value of Rs 10.is going to be offered from 5% of Govt holdings. Out of this 42,73,220 are reserved for employees.

NTPC issue is the beginning of Government’s disinvestment plan. They are planning to disinvest in almost 60 PSUs.

Other PSUs on line for divestment plans Before March 31st are NMDC, Rural Electric and Satluj Jal Vidyut.

The Current Market Price of NTPC as on 15th Jan is Rs.232.25.

Happy Investing.