Now, after getting certain feed back from the sufferer of SBI Smart Ulip scheme I inquired from the local branch office of SBI Life regarding the status of my policies and got to know that after paying all the three installments Rs. Can anyone tell me. The highest NAV x of units u hold will be the amount. Anonymous October 24, Will you not go to a doctor by his experience? Anonymous September 20,

Now i want to invest per months i was already covered for 10 laks LIC policy. It just takes on bull run the market for us to start seeing the profits. My investment is k. The charges look steep indeed. Comments hi guys pls advice me i have paid 3 lakhs in first year that is in may and still i have to pay such instalments for further four years that is a total of 15 lakhs, the second instalment is comming in may , advice me pls what to be done i am not understanding, pls reply and guide me, thanks. Now, tell me, what are the chances that the NAV at the end of 10thyear is going to be less than the NAV at the end of 7th year? Poor Rich Man March 17, Any which ways I was in the process of calculating the IRR estimate which comes to only around 7.

Put another way, the company can invest in the debt and klip in any ratio as it deems fit since the fund investment is at the total discretion of the company.

If you are going to work for a long time before you retire, hardcore equity investment would still be a better option although the risk would be higher too.

Fisher February 10, I think I need not answer this question. When can i withdraw the money in such case.


Lakshmi August 11, These are the charges to insure you against life cover which depends on no of factors such as age, amount of coverage, state of seris etc. ULIPs – 5 Secrets 3. Can you suggest some other alternative policy with a good investment option.?

SBI Life Smart ULIP Series

It is debatable whether it is a good investment vehicle at all when smatt with other mutual funds out there. At the time of buying the policy the Agent a probationary officer of SBI told me at that you can take your money anytime after 3 year and you will be paid as per the maximum freezed value.

Multiply the highest NAv with no os shares…You are there…Thats the minimum sum you would get…. If you need insurance, you should take any term plan and invest rest of your money in other instruments available in the market and not just buying policies like komal jeevan, jeevan saral, nav guarantee schemes, etc. Similarly, for a cash inflow of Rs 4,09, the correct IRR is 6. However people seriies it in wrong way Private insurance company manage a cumulative asset of 31 billion dollar and ulip contributes to a larger hlip.

Secondly I want to invest in mutual fund of sbi. Can you explain me with one example?

SBI Life – Smart ULIP (Series II) – Money Market Fund

Need your comment on this Fisher. To conclude further, I invested money for 3 years that was my premium term. Share, Follow and Like this post: Can you enlighten how exactly the fund is managed? There is also a catch. Here the ICICI Pru smxrt first gave false information and misguided me, sjart didn’t advised me to cancel the policy but said to wait for new policy document.

Whatever the case may be, I welcome your comments and suggestions. Invest your money in PPF or Post office schemes where you can take advantage of compound interest also. Sorry, but you are at the wrong place for getting such daily updates.


SBI Life – Smart ULIP (Series II) – FlexiProtect (Series II) Fund

Anonymous August 25, Hence, one cannot see the NAV goes down and no need to put graph in his mind, always; which may invite BP as in the case of stock traders. These kinds of ULIP schemes cheat people and the layman gets fooled by the tricks. Hi Fisher, I’m 31 year old. What does it mean when they refer to the fixed sum assured which is 5 times the annual premium??

I am regularly monitoring the website.

But, please do not lose heart. One who has little savings of his hard earn money please keep it covered and protect that from the cruel-selfish eye of vultures.

Hi Nisha I just read your post and found that you have taken Komal Jeevan for your kid. You would find the no os shares allotted to you and current rate seriss nav. I was def considering the policy last week and as per the details provided to me by the LIC Agent the return is spread over almost 9 years.

Can you please explain how can the NAV of both funds is almost same? You may go to heaven SBI Life takes you to hell for sure.