I recently watched an advertisement of bajaj allianz who are claiming for the return up to 170%. Any more info. about it? Please share
I recently watched an advertisement of bajaj allianz who are claiming for the return up to 170%. Any more info. about it? Please share
check the number of years you get this return. ( may be this was in 5 or 6 years )
Also see small print and
(*conditions apply!)
it
Past returns on any mutal funds/schemes , may not be available and depends on stock market conditions.
Say you invest Rs 10,000.
Do not collect the dividend every year.
At the end of 5 or 6 years the return could be 170% ( NAV if Rs 10/=initially it would be Rs27/=) total Rs 27,000/=
If you collect Dividend every year, and reinvest elsewhere the return could be less or more. . at the end of same period. ( see conditions apply !)
hmm that makes sence....thanks for the explanation
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