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RE:SBI Taxmagnum
by Sitar on Mar 02, 2005 03:54 PM

Hello Sir,
Its not always necessary that a player in banking industry is always a champ in investment.
So after burning your hands in SBI Life u should not criticise other Unit-linked products.
Other Pvt. players in Insurance sector are giving handsome returns, and of course UNIT LINKED LIFE INSURANCE PRODUCTS ARE LONG TERM COMMITMENTS, u must give it a little more time to grow. 3 years is not an enough period to see ur money grow.
After all its a LIFE INSURANCE and not a MUTUAL FUND.
So again next time look for the past NAV results and then proceed with ur investments and mind well atleast wait for a slightly longer periods, u will b satisfied with the results.
REGARDS
SITAR.

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Invest in an ELSS fund. Earn big