2007-01-14 23:25:48 · 6 answers · asked by Anonymous in Business & Finance ➔ Investing
GO TO SITES LIKE MONEYCONTROL.COM AND ICICIDIRECT.COM
2007-01-16 04:14:44 · answer #1 · answered by Anonymous · 3⤊ 0⤋
Very simple. A car mechanic and a heart surgeon both go in and fix some very intricate things. Just because 'fixing' is what is common with them, they do not become good by jumping into each others roles.
ANY Insurance product that is linked with investments is for people who do not 'know investing'. They are the people who buy the 'fear and low-risk reward story'. The rest do it seperately.
Another way of looking at it is to buy your architect office supplies at a grocery store. Can it be done? Yes. Is it in your best interest? Absolutely not.
Now, this is not to make some insurance guy that is mad, and if you are, please read it again. You can sell it to a class of people out there who ask the question "What is a mutual fund". You cannot sell your high margin/expense product to a guy who is looking for a low expense ratio with no 12b-1 fees at no-load (front or back), with performance that outpaces 95% of other funds. I am not even getting into the 'surrender charges' of the first 3 years. So, please do not rebuttal this one. It is not worth it. I have gone through the books in great detail and determined that it is not for the saavy folks.
India is a prime land for this new product. Bank tellers peddle this product. People are not in the 'know' and they buy it.
Good luck.
KKP_Inv
2007-01-15 19:30:49 · answer #2 · answered by KKP_Investor 3 · 0⤊ 0⤋
Insurance advisor is an independent and is not an employee of Mutual Funds.
2007-01-15 09:40:30 · answer #3 · answered by Raghav 4 · 0⤊ 0⤋
Actually I do not understand your question. Insurance advisor can sell you investment-linked policy dealing with mutual funds.
2007-01-15 07:35:59 · answer #4 · answered by Dang 3 · 0⤊ 0⤋
mutual funds had not insuarens.
2007-01-15 08:05:05 · answer #5 · answered by keral 6 · 0⤊ 0⤋
no not at all.just remove ur doubt
2007-01-18 14:25:46 · answer #6 · answered by mory k 3 · 0⤊ 0⤋