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Nre A

This document compares different investment options: 1) A fixed deposit with 9% annual interest and tax rebated; 2) Mutual funds with 15-18% annual returns either through lump sums or SIP from NRO/NRE accounts across various funds; 3) Physical or scheme gold with taxes on purchase and sale depending on holding period; 4) LIC policy providing lifetime coverage and 12.5 lakhs return on 5 lakhs premium over 25 years.

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52 views2 pages

Nre A

This document compares different investment options: 1) A fixed deposit with 9% annual interest and tax rebated; 2) Mutual funds with 15-18% annual returns either through lump sums or SIP from NRO/NRE accounts across various funds; 3) Physical or scheme gold with taxes on purchase and sale depending on holding period; 4) LIC policy providing lifetime coverage and 12.5 lakhs return on 5 lakhs premium over 25 years.

Uploaded by

kdb92uce
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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1.

NRE A/C Fixed Deposit


Interest Rate: 9% PA
Tax: Rebated
2. Mutual Fund
i.
Lump Sump
Around 15% p.a. returns
ii.
Systematic Investment Plan (SIP)
Monthly Investment
After 1 year, money is fully tax free.
Around 15-18% p.a. returns.
Can be done from NRO/NRE account as well.
1. SBI FMCG Fund
2. Reliance Equity opportunities Fund (Small & Mid Cap)
3. Reliance Regular Savings Fund (Diversified)
4. ICICI Prudential Technology Fund
5. ICICI Prudential Exports & other Services Fund
6. HDFC Top 200 Fund
7. HDFC Equity Fund
8. HDFC Growth Fund
9. UTI Dividend Yield Fund
10. UTI Transport Logistics Fund
3. Gold
i.

ii.

Physical Gold
Form: Biscuit, brick, jewellery
1.1 % tax on purchase

Gold Scheme
Rate is lower than physical gold by Rs. 1000-1500.
No charges on purchase
No tax on sale after 1 year
Within 1 year, exit load of 1.1%.
Reliance Gold Fund
Good bargaining power
SBI Gold Fund
ICICI Gold Fund
HDFC Gold Fund

Tax: Normal Rate


Sale before 3 years:
Upto 2.5 lakhs, tax free

2.5-5 lakhs, 10%


5-10 lakhs, 20%
Sale after 3 years:
Profit -

4. LIC of India
Best among all government schemes
New Jeevan Anand Policy
Lets say policy of Rs. 5 Lakhs for 25 years
Monthly premium is Rs. 21908.
Total premium paid in 25 years is Rs. 54700.
Returns:
i.
Rs 5 lakh initial paid up
ii.
Bonus = 1.5 times of initial paid up = 7.5 lakhs
iii.
Total = 12.50 lakhs
iv.
Even after maturity, policy will continue for lifetime for 5 lakhs.
v.
Death case before maturity during:
vi.
1. Rs

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