Financial Advisor

80ccc, FD, Post office scheme, Elss, PPF

Details of Suggested Tax scheme are below.

Under 80.C you can invest maximum Rs. 100000.00

            80 CCF you can save in Infra bonds

For1 lakh investment best plan are :-

1. Mutual Fund Tax savings scheme :-

·         Money lock for 3 years

·         Return 14-16 % for 3 yrs.

·         Very good and suitable for short term.

2. Insurance Tax planning:-

·         Depending upon policy term you need to pay the premium

·         Policy period will be generally 15-20 years.

·         Return will be expected 16-18 %

·         Insurance coverage will be added benefit here.

Best Plan in the insurance industry ;-

1. LIC Jeevan Ananda :- One of the best plan . Bonus will be declaring very high rate . Specialty of this plan after the term once fully money paid to the party and balance amount will be paid at the 100 yrs.

Ex:- if you take 1 lakh policy for 20 yrs. After the 20 yrs 2.5 lakh will be paid by the LIC and rest 1 lakh will be going to paid at the 100 years of person.

2. LIC Bhima Gold :- This is Money back policy . every 5^th year money will be paid to the person 20%.

Ex:- if you take 1 lakh policy for 20 yrs. Every 5^th year 20000 paid by lic and end of the 20^th year 1.2 lakh paid to the person.

These two plan combination holds good.

Document required for investment :-

1.       Passport size photo.

2.       Address proof. & ID Proof.              Passport hold good for both these requirement.

3.       Date of Birth proof .

4.       Investment amount Cheque.