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DancingBagel
DancingBagel
5mo
by
Genpact

Is it good to invest in retirement plan of policy bazaar?

Is it good to take retirement plan? In which after investing 5000 rs. Every month for 10 years we will get 1 lakh 60 thousand rs. Per month after 25 years. Please give your suggestions.

5mo ago
PerkyCupcake
PerkyCupcake
Cred
5mo

Better to invest in mutual fund

DancingBagel
DancingBagel
Genpact
5mo

In mutual fund what will be the rate of interest?

SleepyBurrito
SleepyBurrito
Groww
5mo

Such schemes are utter rubbish. They truck you into thinking 1.6L, whereas after 25 years it wil be worth 16k of purchasing power

Invest in an equity mutual fund.

Dont ask for exact rate of return. Historically average is 12%

BubblyBagel
BubblyBagel
Capgemini
5mo

No don't do that, there is no 100%guarantee on such schemes .

PerkyCupcake
PerkyCupcake
Cred
5mo

Invest 5k every month in small cap fund for 25 years

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