Lux Investing
How is Prudential ICICI Principal Protected Portfolio II to invest on?
Comments: 1. They guarantee the capital invested 2. Invested amount will be exposed to the Indian Stock market and Fixed Income 3. Lock in Period is 5 years 4. Expected minimum return is 10-15 pct.
Public Comments
- Noone can guarantee Minimum expected Return. I believe much better options with Lock-In periods are ELSS schemes from HDFC TaxSaver, Pru ICICI Tax Plan, SBI Magnum for the similar benefit except no guarantee for capital or return. But Tax savings is quite good and returns are market linked and as Indian economy is growing, Luck is on your side for next couple of years
