I am planning to invest in Kotak Smart Advantage Plan through SIP
My investments would be 2000-3000 per month for about 3 yrs and beyond.
Since I hold a salary account in Kotak Bank the agent told me that there would be 0% charges and at the end of 3 yrs i would be able to withdraw the whole or part of the amount invested without any charges.
Is this verifiable?
Can anybody tell me about the pros and cons of investing in this plan as i am a first time investor? My main aim is tax saving and a decent rate of return
http://www.kotaklifeinsurance.com/ver2/individual/savings-invest/smart-advantage.htm
My investments would be 2000-3000 per month for about 3 yrs and beyond.
Since I hold a salary account in Kotak Bank the agent told me that there would be 0% charges and at the end of 3 yrs i would be able to withdraw the whole or part of the amount invested without any charges.
Is this verifiable?
Can anybody tell me about the pros and cons of investing in this plan as i am a first time investor? My main aim is tax saving and a decent rate of return
http://www.kotaklifeinsurance.com/ver2/individual/savings-invest/smart-advantage.htm