Mutual fund is a mechanism for pooling the resources by issuing units to the investors and investing funds in securities in accordance with objectives as disclosed in offer document. Investments in securities are spread across a wide cross-section and sectors thus the risk is reduced. Diversification reduces the risk because all stocks may not move Read more about Mutual Fund[…]
Life Insurance Life insurance is a contract between insurer (Insurance company) and insured (policy holder) in which insurer promises to pay a sum of money to the nominee on death of policy holder in consideration of the payment of premium (paid by the policy holder ) In modern era, life insurance is known as protection Read more about Life Insurance[…]
Jeevan Labh Plan (836) is a limited premium paying, non-linked, with-profits Endowment Assurance plan.
New Jeevan Anand(815) Plan is a participating non-linked plan which offers an attractive combination of protection and savings. This combination provides financial protection against death throughout the lifetime of the policyholder with the provision of payment of lump sum at the end of the selected policy term in case of his or her survival.