You may surrender the policy and invest
in Equity oriented schemes as per you financial goals.
The last category
in equity oriented schemes is Multi-cap which invest in all kind of equities with a significant allocation to large cap stocks.
May be it is wiser to invest as much as you can
in equity oriented schemes instead of taking a home loan (if it is not a priority).
Dear Shivam, For a short term goal, kindly do not invest
in equity oriented schemes.
Not exact matches
In case, your investment time - frame is less than 5 years, suggest you not to consider investing in ELSS / Equity oriented Scheme
In case, your investment time - frame is less than 5 years, suggest you not to consider investing
in ELSS / Equity oriented Scheme
in ELSS /
Equity oriented Schemes.
Dear Noble, Instead of investing the lump sum amount, suggest you to book Systematic Transfer Plans (STPs)
in Debt / MIP
oriented funds and you can switch every month certain amount to
equity oriented schemes.
These
schemes are growth
oriented and invest pre-dominantly
in equities.
A capital protection -
oriented scheme is typically a hybrid
scheme that invests significantly
in fixedincome securities and a part of its corpus
in equities.
I will be grateful for your expert help
in making up my mind whether to sell units
in a debt
oriented mutual fund
scheme and buy into
equity oriented mutual fund
scheme.
Also, investment
in equity -
oriented mutual funds is available for deduction under Section 80C of the Income Tax Act
in the year of investment and no such deduction is available on other mutual funds
schemes.
Generally, the ideal ratio is 65 %
in equities and 35 %
in debt for an
equity oriented scheme.
If ok with tax implications, you may surrender it and you may re-invest the corpus
in Equity oriented MF
schemes for long - term.
Below are some of the top performing best mutual fund
schemes (
Equity oriented) that you can consider for investing
in 2017 and beyond.
Assuming that these are
equity oriented scheme and I have calculated conservative interest it may go up
in long term, secondly I have already gone through the phase when entry load and policy administration charges are more, so now most of my investments will go
in buying units.
ELSS is an
equity oriented scheme with 65 % fund allocation
in equities.
Assuming that these are
equity oriented scheme and I have calculated conservative interest it may go up
in long term, secondly I have already gone through the phase when entry load and policy administration charges are more, so now most of my investments will go
in buying units.