Birla Sun Life Medium Term Plan Online

Invest Birla Sun Life Medium Term Plan Online

When it comes to investing, traditional modes of investment may be a safe option. But when it comes to potential wealth-creation, the need is for a different approach. Or rather, a diversified one!

Birla Sun Life Medium Term Plan (An Open ended Income Scheme)is one such scheme which aims to identify securities which offer superior levels of yield at lower levels of risk and selectively invest in them. The primary objective of the scheme is to generate regular income through investments in debt and money market instruments in order to make regular dividend payments to unit holders and secondary objective is to achieve growth of capital.

For further details on the Scheme, refer Scheme Information Document and Key Information Memorandum on website of the Fund.

For further information contact SaveTaxGetRich on 94 8300 8300

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

OR

Call us on 94 8300 8300

Tax Implication on maturity of Traditional Insurance Policy

For a traditional insurance policy, the maturity proceeds are tax free under Section 10(10D). The maturity proceeds of your  life policy will be tax free if the sum assured of your policy is more than 5 times the annual premium.

Maturity proceeds of insurance policies are tax free for:

• All policies issued up to 31.03.2003
• policies issued between 01.04.2003 to 31.03.2012 if sum assured is more than five times the annual premium
• policies issued from 01.04.2012 and on wards if sum assured is more than 10 times the annual premium

For further information contact SaveTaxGetRich on 94 8300 8300

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

OR

Call us on 94 8300 8300