What are the benefits of investing in Principal Protection and Growth plan?

Modified on Sun, 3 Mar at 11:10 AM

Benefits of investing in Principal Protection and Growth plan:

1) Principal amount is secure: As your money will be invested in Money Market funds, your principal amount (invested amount) will be secure and stable.

2) Better than FDs: A fixed portion from Money Market funds is reinvested into index funds, every month, over the tenure, giving you up to 35% more returns than FDs.

3) Better Taxation: No quarterly taxation unlike FD allowing your money to compound uninterrupted. No tax up to 1 lakh on index fund gains.

4) Flexible investment plan: You can stop and/or withdraw at any time.

How much is the defined amount that is moved to index funds

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