1) What is the Inception date ? It depends on the ionception date and then index figure to find out the returns
2) You wrote that you invested FROM may 2008.
If you invested in May2008 and sit quiet , i guess your returns wont be high
But if you are investing in a SIP monthly , you would be in nice profits as index went down from 4800+ to 2500 levels and you had a good accumulation of units at cheaper prices till feb 2009 . After feb 2009 all the accumulated units grew rapidly
3) In My opinion , Switching of funds is not a task for restailers . Its not so easy to understand the market dynamics and switch funds ( WE do not know when the market falls and when it starts raising . If we know this , why MF , we can directly invest in stocks )
4) SIP is always a better option to save as it average your costs in down trend and give you profits in Uptrends . ( In ULip, Sip = monthly premiums )
Naresh
1) policy inception date: 1 July 2006
index fund inception date: 1 Jan 2008
i don't know about what do you mean by index figure but if you are referring to NAV it was:
7.913 on 29 May 2008 (the date i entered in the policy)
7.087 on 28 May 2009 (first year of the policy complete)
2) this is exactly what i think happened with me, in bad economy i got 21% because i was buying units when market was down when they worth less but as market went up so does the price of units i bought at cheaper price.
and yes i have SIP as quarterly premiums.
3) the policy gives 4 free switches in a policy year, i think it should be our decision but i am not sure when to perform a switch may be put your profit from index to debt fund time to time.
4) right. it does make it easy to invest and good for investment strategy as well.
Naresh, i like to talk to you more about this. if you could pm me your messenger id or email?
