Which is the best tax saving scheme in ING Vysya?

Question

I need to invest Rs.10,000 - 20,000 for tax saving this year. I wanted to invest in some 5 star ELSS. But my agent wants me to invest in ULIP/retirement plans in ING. Since he did some favour for me, I couldn't say no to him. My requirements are a)tax saving b)short-term invest and c)one-time invest. He suggested ING Best Years plan and ING LifePlus. I omitted ING Best years, since it suits for long term, and charges are high. Now what about LifePlus? Will it give more returns than ING Tax Saver mutual fund? Is one-time investment is enough in LifePlus?

Answer 1

not in ING VYSYA, i tell you other company details like SHRIRAM LIFE INSURANCE COMPANY, this company also have good tax savings scheme in this scheme charges are low gett good return also with life cover aslo gett and after three yr policy holder can withdrow that amount after that also policy holder gett life cover upto next 25yrs , this plan one-time investment.out of 24 life insurance company only 3 company in growth 1 is SBM ,2is SHRIRAM LIFE INSURANCE COMPANY, 3 is LIC ,in Shriram life insurance company he given 67% return in last year to policy holder so you can invest this company you will gatt good returne also,why im telling you like this company policy meance  i have 2 policy in this company thats why im telling you, policy like this 1)SHRIPLUS (SP)Single Premium,2)SHRIVIKASH (limited premium withgood returnce )

Answer 2

rd account

Answer 3

Hi. I understand your situation and I believe I can offer some suggestion.

Whenever we invest in any financial instrument, dont we see the past record. I suggest you check the past record of any private insurance company. Trust me it is loss-making company. Why would you invest your hard earned money there?

Proof: http://www.thehindubusinessline.com/2008...

The solution: How if there was a plan, which gave you a much higher tax rebate than permitted? Say, if you are in 30% slab, and the plan offered more than 60% tax saving over and above the returns it generates in secure and conventional areas. Makes sense?

Basic details:

The super tax saver plan:

http://www.freewebs.com/insuranceavenues...

The above website has my contact details. You may call me if you feel I can help.

Regards