INVESTMENTS

Real estate can be a solid long-term investment, offering capital appreciation and rental income, but it requires significant capital and has lower liquidity compared to other investments.

Premiums paid for ULIPs are eligible for tax deductions under Section 80C, and the maturity proceeds may be tax-exempt under Section 10(10D), subject to certain conditions.

Start by assessing your retirement goals, estimate the required corpus, invest in suitable instruments like the ULIps , Guaranteed Income Plans, Retirements Plans and review your plan regularly.(InsuranceNiti Helps to achieve the same)

Mutual funds are subject to market risks, including fluctuations in NAV due to changes in market conditions, interest rates, and economic factors.

ULIPs have a lock-in period of 5 years. Equity Linked Savings Schemes (ELSS) mutual funds have a 3-year lock-in, while other mutual funds may not have a lock-in period but could have exit loads for short-term redemptions.

If we talk about ULIPs it depends on the Advisor that what fund he is opting for there are many funds that provides 45% returns and same is the case with Mutual Funds. In Ulip you have the option to switch funds but in Mutual Funds you don't have the option to switch Funds you have to surrender and