I have invested over 1 laks in taking Aviva's two lan namely, freedom life plan and life bond5 in which their growth and balance fund have been giving good returns. app 70%, is it advisable to invest more in this fund and what will be the long term returns of Dabur Aviva life insurance company?
RE:Investment in Dabur Aviva Life insurance
by Lisa on May 12, 2006 08:34 PM Permalink
The understanding for the NFO of Stanchart is grossly wrong. No one ever wrote or discussed that at any point of time even if the entire 100% of the asset are applied in IPOs, still 90% goes to NIFTY. This is because MF pays only 10% margin mony for the amount they applied. MFs cannot apply for more than their AUMs in all IPOs taken together. As maximum 10% goes in IPOs(even though the application size is worth 100% of the AUM); the remain 90% will always always remain invested in NIFTY(index of top 50 companies with inbuilt diversification)for 3 long years. Who says now that the fund will make short term investments?? If you still wants to understant this, give send an e mail at investwise123@rediffmail.com but please do not write anything which you do not understand.
RE:Investment in Dabur Aviva Life insurance
by Vishal Dixit on Apr 29, 2006 03:08 PM Permalink
Please do not invest in unit linked insurance plans in future. These are always very costly.
