what apprx. will b returns on RelianceMarketReturnPlan (Regular)?



I have taken a Reliance Market Return Plan (Regular) for 9 years with yearly premium of Rs. 10000. i will pay for 9yrs…Plz tell me that how much i get after 9 years..approx.?

what apprx. will b returns on RelianceMarketReturnPlan (Regular)?
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One Reply to “what apprx. will b returns on RelianceMarketReturnPlan (Regular)?”

  1. Reliance Market Return Plan (Regular) is a ULIP.

    I have myself invested in a ULIP, whole life, 25 year plan, in Nov 2002 i.e. 7 years back.
    Premium Rs 3001/20 p.q. or Rs 12004.80 p.a.
    Premium paid till date Rs 87034.80
    Amount actually invested in maximiser fund Rs 63,038.34, after deduction of charges.
    Market value of fund as of 22.11.2009 is Rs 95,377.36
    i.e. an appriciation of Rs 8342.56 only or 9.59%.

    But BSLI calculates the appriciation on Rs 63,038.34 i.e. Rs 32339.02 or 51.30%

    The only advantage is the risk cover in case of my death, Rs 1.2 lakhs.
    My survivors will get Rs 1.2 lakh + Rs 95,377
    What can a sum of Rs 2.15 lakh do in these days?

    N J Reddy says 200% to 300% returns. That is next to impossible.

    HMT





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