Investment Hots Picks
Here are the currently popular investment options
Mutual Funds
- DSP ML Top 100 Equity Fund: An open ended growth scheme that seeks to generate capital appreciation by investing in to equity & equity related securities of 100 largest corporates by market capitalization.
- HDFC Equity Fund: An open ended diversified equity fund which aims to invest mainly in Large Caps Companies. The fund has given 48.63% returns (CAGR) in last 1 year (as on 17/8/06)
Life Insurance
- Life Time Super from ICICI Prudential Life Insurance Company Ltd: A plan that helps you create wealth while giving you life insurance cover.
- Save Guard STP from Aviva Life Insurance Company Ltd: A Whole life Plan with STP option giving a market- linked return.
General Insurance
- Vehicle Insurance: Auto Secure from Tata AIG is one of the most hassle-free vehicle insurance schemes in the market, offering cashless claims.
- Cashless Medical Insurance: Royal Sundaram’s Health Shield Gold covers you for your health expenses while helping you save tax. It also has additional features like maternity benefits, cashless medical expenses reimbursements, etc.
Fixed Income Schemes
- 9% Senior Citizen’s Scheme
- Post Office Monthly Income Schemes (8% interest)
- PO Time Deposit (6.25%-1 year, 6.5%-2years, 7.25%-3 years, 7.5%-5 years
- 8% GOI Bonds (Taxable)