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The increase in the mutual fund industry in the us happened a new Sarkari Result of 401k plus schemes (retirement schemes). Have to no such plan in India. No mutual fund company in India ever went for the ministry of finance to demand an item which is 80C deductible and a pension process. The only two firms who achieved it were Kothari Pioneer and UTI. Irrespective of how no variety of how to obtain your refund in pension products of insurance companies. They decide how much cash you get back as well as have buy an renumeration. I got an annuity of five per cent from some insurance company. Now that’s minuscule once i can get nine per-cent return on the bond issued by leading loaners! Buying a good equity fund from a mutual fund company is superior than purchasing a pension plan from protection company.
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