i need to invest approx. Rs.1000/- per month for investment for a period of nearly 8-10 years and also to get income tax rebate, finally i hv decided to invest in Postal Life Insurance / Sytematic Investment Plan, but here i feel confusion that even in these two which is better for investment. Please guide.WHAT IS BETTER INVESTMENT SIP OR PLI?
Both are good but in the PLI there is no risk at all provided you complete the tenure (i.e., not foreclosing your a/c), whereas SIP is reflective on the vagaries of stock markets, if you chose that way.WHAT IS BETTER INVESTMENT SIP OR PLI?
SIP.
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