Need A Financial Product › Forums › Trading/Investments › Different ROI calculations in HDFC Life Super Income Plan

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  • August 19, 2014 at 5:24 am #46929
    samkapoor77
    Keymaster

    My agent has suggested me to invest in HDFC Life Super Income Plan. As per him, premium will be Rs. 1, 44,000 for initial 8 years. After 8 years, payout will be Rs. 1, 00,000. At the end of 16th year, I will get a lump sum of Rs. 30 lakhs. However, brochure says the amount to be around Rs. 15 lakhs. Please guide me.

    August 20, 2014 at 8:31 pm #46930
    Sameer Kapoor
    Participant

    Brochure says around Rs. 15 lakhs, i.e. ROI will be only 6%, which in fact is too less when compared to simple term deposits with banks. You should not block your funds for 16 years.

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