i want to invest in icici prudentials for my son who is 1 yr old?is this investment worth it?will it help my son in his future.his father is no more n i am suppose to do some thing financially 4 him,so i am putting all my savings into it?
2006-11-27 01:11:06 · 7 answers · asked by mona 2 in Business & Finance ➔ Investing
I guess you are from India. The Smartkid insurance policy of Icici Prudential is a good choice. It will help you give security to your son and also save for his future financial needs. It is a market linked plan. Minimum premium is Rs. 10000/-
You need to contact ICICI insurance advisor or their branch office near you to get more detailed and accurate information.
2006-11-28 04:11:55 · answer #1 · answered by akash_sky 2 · 0⤊ 0⤋
Putting the money in a "real estate" by purchaseing a plot or flat. Never you will loose money. To my best of my knowledge, in most of municipalities population at 5 lac, the land cost will go up
100 times within 20 years.
2006-11-28 23:00:05 · answer #2 · answered by ar.samy 6 · 0⤊ 0⤋
prudencial icici mutual fund is better for as deposite and icici prudencial insurance also good for invest ment.
2006-11-27 12:55:38 · answer #3 · answered by keral 6 · 0⤊ 0⤋
Go with a 529 plan thriugh your state. Best investment you can do for his college education and his overall future wellbeing.
2006-11-27 01:12:57 · answer #4 · answered by Anonymous · 0⤊ 0⤋
take a look at American Funds 529 plan, and on your kids birthdays instead of useless toys/clothes, encourge relatives to add to the pot, it will be worth it in 18 yrs. good luck
2006-11-27 01:18:36 · answer #5 · answered by godzillasagoodman 2 · 0⤊ 0⤋
The best company in india is LIC of india.
Consider LIC of india for your investments.
2006-11-27 03:40:11 · answer #6 · answered by Anonymous · 0⤊ 0⤋
insurance is not a INVESTMENT
both have diff tgt & objective
pl ask any good adviser or
mail me
pl go thr my other answers
2006-11-27 02:02:01 · answer #7 · answered by dinu_pawar 5 · 0⤊ 0⤋