Lifins Financial

• investments in elss enable an investor to claim deductions under section 80c upto rs 100,000.

• since this is an equity-linked scheme, the earning potential is very high (although at a higher risk) as compared to other tax-saving instruments. The systematic investment plan (sip) is an effective way of investing in elss as the concept of rupee cost averaging and the power of compounding work well.

• the lock-in period is the shortest, three years, as compared to other tax saving instruments. The maturity period for nsc and ppf is six years and 15 years respectively.

• according to current tax laws, long-term capital gains on investment in equity oriented funds and the dividends received on these investments are tax-free under section 10(38) and section 10(35) respectively in the hands of the investor.

Payment Terms:	Other
FOB Price:	25000 INR
Port of Dispatch:	Same Day

Welcome to SIP Mutual Fund

Just as drops of water make an ocean, small but regular investments can go a long way in building wealth over time. This way you grow step by step. It's always prudent to invest with a long term horizon in mind. Small but regular investments go a long way in creating wealth over time. Reliance Systematic Investment Plan (SIP) helps you achieve just that. It is an investment technique where you deposit as little as Rs. 100 regularly every month into the mutual fund scheme at the then prevailing NAV (Net Asset Value), subject to applicable load. Save a small amount every month/quarter and look forward to a bright future.

No need to time the markets
Imagine, if you could always pick the right time to buy and sell.
However, timing the market is a time-consuming and risky task.
Through disciplined, regular investments you can stop worrying about when and how much to invest.
In short, it eliminates the need to actively track the markets.

Lower cost per unit
Since your investments are spread regularly over a period of time, buying fewer units during rising markets and buying more units during falling markets reduces the average cost per unit of your investments
- this concept is known as Rupee Cost Averaging.

Enjoy the ease:
Set yourself free from cumbersome paperwork. Just identify the amount and scheme you wish to invest in and then choose from options like Auto Debit/ECS. The amount will automatically get debited on a date of your choice. You can also give monthly/quarterly post-dated cheques for the amount you wish to invest.

Step by step, reach out for your goals:
- Set your financial goals
 - Identify the scheme
 - Decide the SIP amount
 - Look for a long-term commitment:
 Opt for bigger gains as through SIP returns increase with extended time  horizon.Aim for the big picture:
 To get the most out of the market fluctuations, start investing today. The sooner  you start, the earlier you reach your financial goals.
 - Start investing.

Illustration - Rupee Cost Averaging
Say you have opted for Reliance Systematic Investment Plan, investing Rs. 1000 every month from March 2009 to Feb 2010 in a diversified equity fund. Now check the average purchase cost per unit of your investments. It would be lower than the average NAV of your investment over 12 months.

Payment Terms:

Other

Earn upto 12.5% Assured Returns from Reputed Companies with Monthly / Quarterly/ Cumulative Interest payment option.

Fixed Deposits in companies that earn a fixed rate of return over a period of time are called Company Fixed Deposits. Financial institutions and Non-Banking Finance Companies (NBFCs) also accept such deposits. Deposits thus mobilised are governed by the Companies Act under Section 58A. These deposits are unsecured, i.e., if the company defaults, the investor cannot sell the documents to recover his capital, thus making them a risky investment option.

Benefits of investing in Company Fixed Deposits

• High interest.
• Short-term deposits.
• Lock-in period is only 6 months.
• No Income Tax is deducted at source if the interest income is up to Rs 5,000 in one financial year
• Investment can be spread in more than one company, so that interest from one company does not exceed Rs. 5,000

Like most investment option, Company Fixed Deposits are a mixed bag. Company FDs can be an interesting investment option if you know how to select the right FD, and how to avoid the no-so-good ones.
Here are sone of the points that investors should keep in mind.

Spread your risk
The deposits should be spread over a large number of companies engaged in different industries. This way, you'll be able to diversify your risk among various industries/companies. Try not to put more than 10% of your total investments in one particular company.

Choose the right period of deposit
Ideally, the investment should be for 1 to 3 years depending upon the rate of interest.

Periodic review
The performance of the companies should be reviewed at maturity. This will help you decide whether to renew or reshuffle the deposit. It is also wise to keep a track of these companies by checking their share prices, annual reports and other details reported in newspapers.

Payment Terms:	Other
FOB Price:	25000 INR

Health Insurance / Mediclaim

a] What is health insurance?
A health insurance policy will provide a cover to you and your family against sudden medical contingency or bodily injury.
 
b] Why health insurance?
 Every human being is exposed to various health hazards. 
 Medical emergency can strike anyone without pre-warning.
  Inadequate facilities in government hospitals.
 Private hospitals are too expensive
 Medicines have become quiet expensive  .
 Diagnostic charges are beyond common man's reach
 Specialists come at a price
 Tax benefit under section 80 D of the Income Tax Act
 Health risk is a personal risk, which could arise from various factors viz.
  a)Physical condition
  b) Psychological condition
  c) Accident related
  d) Occupational related
  e) Environment related
  f) Life style related
  g) Travel related

c] What is Mediclaim insurance?
With medical costs sky rocketing daily there is a growing need of having a Mediclaim policy in your name. A Mediclaim policy or a health insurance policy will help you cover the medical expenses in case you have to undergo certain medical treatment or are hospitalized for some reason. A Mediclaim policy basically provides a health cover of a certain amount of money and hence in the case of incurring any medical expenses, the expenses to a certain limit are borne by the particular insurance or the Mediclaim Company under whom you might have taken the Mediclaim policy.

The Mediclaim policy can be taken on an individual basis or for the entire family if the need be. The insurance premium which is charged by the insurance company will defer from company to company and will depend on whether the Mediclaim policy has been taken for an individual or a group or whether the insurance policy is a cashless or not. The medical age for a Mediclaim policy differs and thus in certain cases the applicant may be required to undergo a medical test or in certain cases the applicant may not be asked to undergo a medical test.
The amount of money that the company reimburses to the person who has the Mediclaim policy in his or her name will be dependent on the health cover that the company is providing. With medical costs in hospitals on the rise it has become necessary to have a Mediclaim policy in your name so that if any medical expenses are incurred then the insurance or the Mediclaim policy will help you take care of them.

Family Floater Health Insurance plan lets you share the entire sum insured among the family members covered under the policy, without any individual upper limits.

Key Benefits
· Comprehensive coverage for your family with floater benefit
· Cashless claims facility at over 4,000+ network hospitals across India
· Continue to enjoy quality service even during claim settlements
· No sub-limits on room rent, doctor fees, and hospital charges or for any disease*
· No co-payments for any disease or any hospitalisation expenses
· Get a Free health check-up coupon for any 1 insured family member.
· No health check-up up to the age of 55 years (age as on last birthday)
· Avail tax benefits under Section 80D of the Indian Income Tax Act 1961**
· Buy Online and pay in EMIs without any extra charges***
· Options for one or two year covers (auto renewal) available
· Get additional Sum Insured for every claim free year
· Secured your family against expenses for hospitalisation due to terrorist activities.
·

Payment Terms:	Other
FOB Price:	5000 INR
Port of Dispatch:	15 days

Life Insurance is a unique product, which provides protection to the family, and dependents when it is needed the most. No other investment , saving product can give the risk management benefit. Therefore, adequate life insurance is the foundation on which the personal finance plan should be built. Life insurance protects your existing standard of living and frees you to aim for more without risking the present status.