Profit Plus 188

S

sharmindh

New Member
#1
#1
I was investing in Profit plus since Jan 15 2009,now I paid three terms completed last year.Each premium was 35000 INR. Now I have 10106.606 unit and NAV on JAN 11th 2013 is 12.1698.

So when I speak to the agent he is telling just exit by march and you cant expect more higer values than this,and no need to invest more in this plan.

So is good to exit now or shall i can hold for good value in the future.And If can invest further is it benift.

Kindly advice
 
timepass

timepass

Moderator
#2
#2
sharmindh said:
I was investing in Profit plus since Jan 15 2009,now I paid three terms completed last year.Each premium was 35000 INR. Now I have 10106.606 unit and NAV on JAN 11th 2013 is 12.1698.

So when I speak to the agent he is telling just exit by march and you cant expect more higer values than this,and no need to invest more in this plan.

So is good to exit now or shall i can hold for good value in the future.And If can invest further is it benift.

Kindly advice
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The longer you stay, the less you get, regardless of the NAV. Why ? Because the expenses are deducted from the number of units. You may not have the actual number of units that you think you have.

Ask your agent how much will you get if you withdraw now. Ask him for the details. If you are in any kind of profit, get out. And never invest in a ULIP again.
 
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