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Our vision is to provide innovative and customer-centric insurance plans that can help our customers secure their family's future as well as help them with other benefits such as tax savings. Keeping this in mind we offer a large range of life insurance plans such as term insurance plan, women's plan, health insurance plans, pension plans for retirement planning, child education plans, ULIPs, Savings plans. Most of these life insurance policies are available online, so buy one today and Sar Utha Ke Jiyo!.

As per regulatory changes, it is mandatory to submit PAN/Form 60 (if PAN is not available) for your policy with immediate effect. Please update via My Account/[email protected]/18602679999/HDFC Life branch. Ignore if already submitted.

HDFC Life Insurance Company Limited. CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101.

Registered Office:

HDFC Life Insurance Company Limited,

Lodha Excelus, 13th Floor, Apollo Mills Compound, N.M. Joshi Marg, Mahalaxmi, Mumbai 400 011. Tel No: (022)67516666.

The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited and is used by HDFC Life under a licence/agreement
For more details on risk factors, associated terms and conditions and exclusions, please read the sales brochure carefully before concluding a sale. ARN: EC/06/2017/9792

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'label': 'Kc Landing Featured Articles Investment', 'alt': None, 'mobile-question-heading': None, 'content': [{'publish_at': '2019-12-24T07:16:13.862946Z', 'url': '/insurance-knowledge-centre/investment-for-future-planning/learn-how-to-spend-your-annual-bonus-wisely', 'slug': 'learn-how-to-spend-your-annual-bonus-wisely', 'image': {'banner': 'Vy25gTYuJWKaMXm'}, 'id': 1295, 'tags': ['Investment', 'Child', 'Insurance Basics', 'Tax', 'Retirement', 'Health'], 'content': '<p align="justify">About 77% of businesses in India offer variable compensation programs to their employees. This is usually coupled with bonuses or compensations that tend to come around the holiday season or by the end of the year. This means that many of you are in for a great supplemental check pretty soon.</p>\n\n<p align="justify">So, how are you planning to spend it? Are you looking to buy the new iPhone? Or preparing to fly to an exotic destination with your family? To tell you honestly, these are all great ways to spend that extra cash; after all, you are entitled to your share of fun. But, excessive spending may not prove to be a productive way to blow your hard-earned money.</p>\n\n<p align="justify">The key is to spend your yearly bonus wisely by restricting yourself from spending it on a few conspicuous items. You have to learn how to budget bonuses and invest them to create something valuable for yourself and your family.</p>\n\n<p align="justify">To help you accomplish this, we have listed a few smart ways to invest your yearly bonus on things that ensure your safety and your family’s well-being in the long run.</p>\n\n<h2><strong>Pay Off Your Sticky Debts ASAP:</strong></h2>\n\n<p align="justify">This year, let debt closure be your priority. For the past few months, if your rising credit card bills and your personal loan EMI have been worrying you, then why spend your bonus on anything else? Use that extra cash to pay your outstanding credit card bill amount or consider utilising the money to pre-pay your personal loan.</p>\n\n<h2><strong>Bring Joy to Your Golden Years:</strong></h2>\n\n<p align="justify">If you haven’t started planning for your retirement yet, there’s no better time than the present. The bonus gives you a great opportunity to find the right investment avenue for your money to secure your life after work. Even if you’ve already started your planning, the money you receive through your bonus could boost your overall corpus, allowing you to enjoy your retirement further. Plus, the more you put away, the more chances you have of opting for early retirement.</p>\n\n<h2><strong>Invest in a Medical Insurance Plan:</strong></h2>\n\n<p align="justify">Life is unpredictable. While everything may be great right now, we can never tell what surprises the future may bring. Therefore, it is best to be armed with plans that protect us and our loved ones. Instead of spending your money on something that will bring you joy momentarily, invest in a good <a href="https://www.hdfclife.com/health-insurance-plans/">medical insurance policy</a> for life-long peace of mind.</p>\n\n<h2><strong>Boost Your Emergency Fund:</strong></h2>\n\n<p align="justify">Remember Uncle Scrooge? He did not end up with a room full of gold by spending money on just about everything. Instead, he worked hard and saved harder. You can do that too. Use a part of your bonus to create or enhance your emergency fund. While an emergency fund won’t give you handsome returns, it will surely improve your risk appetite. For example, if you want to move abroad or start your own business, you will have the luxury to fall back on your emergency fund without finding the need to stick to your old job.</p>\n\n<h2><strong>Invest in Your Family’s Future:</strong></h2>\n\n<p align="justify">One of the most important things you should do with your bonus is to invest in your family’s financial future. You may not want to think about a time when your family will have to manage without you, but none of us ever really know what life has in store for us. A devastating accident could leave your family struggling without you in their lives anymore. By opting to go for our term plan, HDFC Life’s <a href="https://www.hdfclife.com/term-insurance-plans/click-2-protect-life?source=M-KC%20_ab%20_Nov19&utm_source=M-KC%20_%20ab&utm_medium=Content&utm_campaign=M-KC_%20ab_Nov19&prod=C2P3D&agentcode=00399206">Click 2 Protect Life</a>, you can make sure that your family will always be looked after. Apart from providing life cover, this plan also offers some financial stability when you’re dealing with life-changing events like a critical illness or a disability. Remember, when it comes to investing for the future, your family should always come first.</p>\n\n<h2><strong>Set Aside Money for Big Purchases:</strong></h2>\n\n<p align="justify">There are bound to be big purchases in the future. You may need a house, a car or even a vacation. These things tend to swallow a big part of your income. By putting a little bit of your bonus aside, you can help fulfil these dreams with ease.</p>\n\n<h2><strong>Invest in Yourself:</strong></h2>\n\n<p align="justify">And lastly, invest a small part of your bonus on yourself. Enrol in a course of your choice, invest in a book or attend a work-related conference. Educating yourself and exercising your brain may not be able to reward you with material items, but they will give you something very valuable.</p>\n\n<p align="justify">Many of us feel the urge to reward ourselves by spending our bonus on trivial items that make us feel happy momentarily. Instead, by thinking about how we spend our money and by investing it wisely, we can create a secure financial future for our loved ones while also achieving our long-term goals. Find a way to make your bonus work for you. And make it work hard.</p>\n\n<p align="justify">Click <a href="https://www.hdfclife.com/term-insurance-plans/click-2-protect-life?source=M-KC%20_ab%20_Nov19&utm_source=M-KC%20_%20ab&utm_medium=Content&utm_campaign=M-KC_%20ab_Nov19&prod=C2P3D&agentcode=00399206">HDFC Life Click 2 Protect Life</a> to know more about how we can make your family secure.</p>\n\n<p><strong>ARN: ED/11/19/16702</strong></p>', 'tile_image': 'https://brandsite-static.hdfclife.com/media/image/Learn how to spend your annual bonus wisely_tile.png', 'categories': ['insurance-knowledge-centre', 'investment-for-future-planning'], 'thumbnail_image': 'https://brandsite-static.hdfclife.com/media/image/Learn how to spend your annual bonus wisely_thumb.png', 'title': 'Learn How to Spend Your Annual Bonus Wisely', 'excerpt': 'Here are a few smart ways to invest your annual bonus on things that ensure your safety and your family’s well-being in the long run. Click here to know more!', 'tag_list': [{'text': 'Investment', 'link': '/insurance-knowledge-centre/investment-for-future-planning'}, {'text': 'Child', 'link': '/insurance-knowledge-centre/child-future-planning'}, {'text': 'Insurance Basics', 'link': '/insurance-knowledge-centre/about-life-insurance'}, {'text': 'Tax', 'link': '/insurance-knowledge-centre/tax-saving-insurance'}, {'text': 'Retirement', 'link': '/insurance-knowledge-centre/retirement-planning'}, {'text': 'Health', 'link': '/insurance-knowledge-centre/secure-your-health'}], 'category_url': '/insurance-knowledge-centre/investment-for-future-planning/', 'attributes': [{'type': 'textfield', 'data': {'slug': 'title', 'value': 'Learn How to Spend Your Annual Bonus Wisely | HDFC Life', 'label': 'title'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'description', 'value': 'Here are a few smart ways to invest your annual bonus on things that ensure your safety and your family’s well-being in the long run. Click here to know more!', 'label': 'description'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'keywords', 'value': 'annual bonus, money management, investing, term insurance', 'label': 'keywords'}, 'validations': {}}, {'type': 'textarea', 'data': {'slug': 'adobe-dtm-script', 'value': '', 'label': 'adobe dtm script'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'carousel', 'value': 'specialCarousel', 'label': 'carousel'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'plan-disclaimer', 'value': '', 'label': 'plan disclaimer'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'header-1-tag', 'value': '', 'label': 'Header 1 Tag'}, 'validations': {}}], 'view_count': 2140, 'banner_image': {'url': 'https://brandsite-static.hdfclife.com/media/image/Learn how to spend your annual bonus wisely.png', 'thumbnail_image': 'https://brandsite-static.hdfclife.com/media/image/Learn how to spend your annual bonus wisely_thumb.png', 'id': 'Vy25gTYuJWKaMXm', 'tile_image': 'https://brandsite-static.hdfclife.com/media/image/Learn how to spend your annual bonus wisely_tile.png', 'alt': {'en': 'Learn how to spend your annual bonus wisely'}, 'banner_image': 'https://brandsite-static.hdfclife.com/media/image/Learn how to spend your annual bonus wisely.png'}, 'blog_author': None}, {'publish_at': '2019-07-22T05:56:00Z', 'url': '/insurance-knowledge-centre/investment-for-future-planning/why-are-ulips-a-must', 'slug': 'why-are-ulips-a-must', 'image': {'banner': 'Itozu8ncTnZjd7L'}, 'id': 1260, 'tags': ['Investment', 'Child', 'Insurance Basics', 'Tax', 'Retirement', 'Health'], 'content': '<p>If you're a last-minute tax planner, make sure that you link your tax-saving <a href="https://www.hdfclife.com/insurance-knowledge-centre/tax-saving-insurance/tax-saving-investments-in-2015">investments</a> to your goals. Tax will scale back not solely the net portion of your pay, but it will also place a dent within the returns from your investments. This is why you would like to take a position in well-thought out investment choices that may boost your financial gain and assist you to accomplish your investment goals.</p>\n\n<h2><strong>What is Unit Linked insurance plans (ULIP)?</strong></h2>\n\n<p>ULIPs are a mix of protection and wealth creation. When an investor opts for a <a href="https://www.hdfclife.com/ulip-plans">ULIP</a>, the insurance company offers various funds that can be invested in. The money invested goes into the funds chosen by the investor, and a few charges (for fund management, insurance cover etc.) are deducted from the same.</p>\n\n<h2><strong>Why one should opt for ULIPS?</strong></h2>\n\n<p>When there are so many options available for the investor, then the question is why <a href="https://www.hdfclife.com/insurance-knowledge-centre/about-life-insurance/benefits-and-types-of-ulip">ULIPs should be taken as an investment option</a>. Apart from tax benefits, let’s have a look at the three benefits of ULIPs which might help the investor in taking a right decision.</p>\n\n<ol>\n\t<li>\n\t<p><strong>Lock-in period:</strong> Ideally, if the investor invests for a larger timeframe, the returns are high. ULIPs have a lock-in period of five years. A seed on investing and saving is sown. Profits on investing is a long term game and ULIPs can be pretty decent in creating a wealth for future.</p>\n\t</li>\n\t<li>\n\t<p><strong>Tax-free</strong><sup><strong>1</strong></sup><strong> returns at maturity:</strong> The amount which the investor gets at maturity totally depends on how the market has performed. But one good thing is, whatever amount the investor is getting at maturity is tax-free.</p>\n\t</li>\n\t<li>\n\t<p><strong>Flexible:</strong> The icing on the cake is that ULIPs allow the investor to switch the funds during the policy term. This helps in investing in the products which are giving better returns at a particular time.</p>\n\t</li>\n</ol>\n\n<p>The question is, what product should be taken if we are ready to take some amount of market risk in exchange for returns? <a href="https://www.hdfclife.com/savings-investment-plans/click-2-wealth-ulip-plan?source=M-KC_ULIP_Oct19&utm_source=M-KC_ULIP&utm_medium=Content&utm_campaign=M-KC_ULIP_Oct19&prod=C2W&agentcode=00399206">ULIPs can help out with the same.</a> Diversity of fund options offered for investment also play a good game for better and stable returns.</p>\n\n<p align="justify"><strong>ARN: ED/07/19/14712 </strong></p>\n\n<p align="justify"><sup><strong>1</strong></sup> <em>The afore stated views are based on the current Income-tax law. Also, the customer is requested to seek tax advice from his Chartered Accountant or personal tax advisor with respect to his personal tax liabilities under the Income-tax law.</em> <em>Tax Laws are subject to change. </em></p>', 'tile_image': 'https://brandsite-static.hdfclife.com/media/image/Article_02_-_Why_a_unit-linked_plan_is_a_must_for_stable_fund_generation_tile.jpg', 'categories': ['insurance-knowledge-centre', 'investment-for-future-planning'], 'thumbnail_image': 'https://brandsite-static.hdfclife.com/media/image/Article_02_-_Why_a_unit-linked_plan_is_a_must_for_stable_fund_generation_thumb.jpg', 'title': 'Why a unit-linked plan is a must for stable fund generation', 'excerpt': 'ULIPs are a mix of protection and wealth creation. Apart from tax benefits, let’s have a look at the three benefits of ULIPs which might help the investor in taking a right decision.', 'tag_list': [{'text': 'Investment', 'link': '/insurance-knowledge-centre/investment-for-future-planning'}, {'text': 'Child', 'link': '/insurance-knowledge-centre/child-future-planning'}, {'text': 'Insurance Basics', 'link': '/insurance-knowledge-centre/about-life-insurance'}, {'text': 'Tax', 'link': '/insurance-knowledge-centre/tax-saving-insurance'}, {'text': 'Retirement', 'link': '/insurance-knowledge-centre/retirement-planning'}, {'text': 'Health', 'link': '/insurance-knowledge-centre/secure-your-health'}], 'category_url': '/insurance-knowledge-centre/investment-for-future-planning/', 'attributes': [{'type': 'textfield', 'data': {'slug': 'title', 'value': 'Why a unit-linked plan is a must for stable fund generation', 'label': 'title'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'description', 'value': 'ULIPs are a mix of protection and wealth creation. Apart from tax benefits, let’s have a look at the three benefits of ULIPs which might help the investor in taking a right decision.', 'label': 'description'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'keywords', 'value': 'ulip, unit linked insurance plan, what is ulip, what is unit linked insurance plan', 'label': 'keywords'}, 'validations': {}}, {'type': 'textarea', 'data': {'slug': 'adobe-dtm-script', 'value': '', 'label': 'adobe dtm script'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'carousel', 'value': 'specialCarousel', 'label': 'carousel'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'plan-disclaimer', 'value': 'In Unit Linked policies, the investment risk in the investment portfolio is borne by the policyholder.', 'label': 'plan disclaimer'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'header-1-tag', 'value': '', 'label': 'Header 1 Tag'}, 'validations': {}}], 'view_count': 2027, 'banner_image': {'url': 'https://brandsite-static.hdfclife.com/media/image/Article_02_-_Why_a_unit-linked_plan_is_a_must_for_stable_fund_generation.jpg', 'thumbnail_image': 'https://brandsite-static.hdfclife.com/media/image/Article_02_-_Why_a_unit-linked_plan_is_a_must_for_stable_fund_generation_thumb.jpg', 'id': 'Itozu8ncTnZjd7L', 'tile_image': 'https://brandsite-static.hdfclife.com/media/image/Article_02_-_Why_a_unit-linked_plan_is_a_must_for_stable_fund_generation_tile.jpg', 'alt': {'en': ''}, 'banner_image': 'https://brandsite-static.hdfclife.com/media/image/Article_02_-_Why_a_unit-linked_plan_is_a_must_for_stable_fund_generation.jpg'}, 'blog_author': None}, {'publish_at': '2019-07-22T05:56:00Z', 'url': '/insurance-knowledge-centre/investment-for-future-planning/latest-trends-and-benefits-in-endowment-policy', 'slug': 'latest-trends-and-benefits-in-endowment-policy', 'image': {'banner': 'WQkAFIdLJlFSDnj'}, 'id': 1254, 'tags': ['Investment', 'Health', 'Child', 'Insurance Basics', 'Tax', 'Retirement'], 'content': '<p>Saving for the future has always been essential. Today when the cost of living is high, everyone has to be self-sustainable. Investing in insurance products help in creating a financially secure future. To save money for retirement and future goals, <a href="https://www.hdfclife.com/insurance-knowledge-centre/investment-for-future-planning/endowment-policy" target="_blank">endowment insurance plans</a> are a good option for this generation of investors. Let us have a look in detail.</p>\n\n<h2><b>Endowment Policy benefits</b></h2>\n\n<p>Endowment policy gives dual benefits to the investors, life insurance and investment. It gives financial security to the investor’s family in case of any unfortunate event. Over a period of time, it helps you in saving regularly, so that you are able to get a lumpsum amount on policy maturity which can be used in the future to achieve some goals or for retirement. Some policies also offer an option of a loan against the policy, during the times of need.</p>\n\n<h2><b>An endowment policy is for whom?</b></h2>\n\n<p>If we listen to the experts, an <a href="https://www.hdfclife.com/insurance-knowledge-centre/investment-for-future-planning/endowment-policy">endowment policy</a> is for the investors who have a regular income in current times and need a lump sum amount at the time of retirement or in the future to fulfil any goal like education or marriage.</p>\n\n<p>If the investor is only interested in life insurance and not investment, then the term plan is the ideal option, as it is cheaper and easier to understand compared to endowment plans.</p>\n\n<h2><b>Circumstances to buy an endowment policy?</b></h2>\n\n<p>Every investor wants to invest some money in the investment product which has low risk and provides good returnsin his/her portfolio. So, endowment plans could be opted by investors to ensure:</p>\n\n<ol>\n\t<li>\n\t<p>Financial security for loved ones at the time of a mishap.</p>\n\t</li>\n\t<li>\n\t<p>Savings based on individual goals.</p>\n\t</li>\n\t<li>\n\t<p>Building a corpus for the fulfillment of an objective in the long term.</p>\n\t</li>\n</ol>\n\n<p>One thing to keep in mind, only investors who have regular income and are sure that they can pay the premiums regularly in the long term should invest in such policies. If an investor is having an irregular income then investment must be done in short-term products.</p>\n\n<h2><b>Why buy an endowment plan?</b></h2>\n\n<p>Endowment policy helps in creating a habit of investment because the investor has to put in money in the form of premium for a long period. This money can be used in the future in case of any financial need. The family may receive a sum of money in case of death of the insured person, thus safeguarding the financial aspect. Returns are there on the investment. They might be low, but having a lower risk and long term investment can prove to be beneficial. Finally, no one can overlook the taxation benefits it gives.</p>\n\n<p>Keeping the above factors in mind, an investor should definitely opt for an endowment policy. Start saving for your future through <a href="https://www.hdfclife.com/savings-investment-plans/sanchay-plus" target="_blank">investment in endowment plans!</a></p>\n\n<p align="justify"><b>ARN: ED/07/19/14820</b></p>', 'tile_image': 'https://brandsite-static.hdfclife.com/media/image/Article_08_-_July_-_Understanding the latest trends in endowment benefits_tile.jpg', 'categories': ['insurance-knowledge-centre', 'investment-for-future-planning'], 'thumbnail_image': 'https://brandsite-static.hdfclife.com/media/image/Article_08_-_July_-_Understanding the latest trends in endowment benefits_thumb.jpg', 'title': 'Understanding the latest trends in endowment benefits', 'excerpt': 'Investing in insurance products and help in creating a financially secure future. To save money for retirement & future goals, endowment insurance is a good option for this generation of investors. To Know more, Visit now !', 'tag_list': [{'text': 'Investment', 'link': '/insurance-knowledge-centre/investment-for-future-planning'}, {'text': 'Health', 'link': '/insurance-knowledge-centre/secure-your-health'}, {'text': 'Child', 'link': '/insurance-knowledge-centre/child-future-planning'}, {'text': 'Insurance Basics', 'link': '/insurance-knowledge-centre/about-life-insurance'}, {'text': 'Tax', 'link': '/insurance-knowledge-centre/tax-saving-insurance'}, {'text': 'Retirement', 'link': '/insurance-knowledge-centre/retirement-planning'}], 'category_url': '/insurance-knowledge-centre/investment-for-future-planning/', 'attributes': [{'type': 'textfield', 'data': {'slug': 'title', 'value': 'Discover the Latest Trends and Benefits In Endowment Policy | HDFC Life', 'label': 'title'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'description', 'value': 'Investing in insurance products and help in creating a financially secure future. To save money for retirement & future goals, endowment insurance is a good option for this generation of investors. To Know more, Visit now !', 'label': 'description'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'keywords', 'value': 'endowment plan, buy endowment plan, endowment policy, endowment policy benefits', 'label': 'keywords'}, 'validations': {}}, {'type': 'textarea', 'data': {'slug': 'adobe-dtm-script', 'value': '', 'label': 'adobe dtm script'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'carousel', 'value': 'specialCarousel', 'label': 'carousel'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'plan-disclaimer', 'value': '', 'label': 'plan disclaimer'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'header-1-tag', 'value': '', 'label': 'Header 1 Tag'}, 'validations': {}}], 'view_count': 1738, 'banner_image': {'url': 'https://brandsite-static.hdfclife.com/media/image/Article_08_-_July_-_Understanding the latest trends in endowment benefits.jpg', 'thumbnail_image': 'https://brandsite-static.hdfclife.com/media/image/Article_08_-_July_-_Understanding the latest trends in endowment benefits_thumb.jpg', 'id': 'WQkAFIdLJlFSDnj', 'tile_image': 'https://brandsite-static.hdfclife.com/media/image/Article_08_-_July_-_Understanding the latest trends in endowment benefits_tile.jpg', 'alt': {'en': ''}, 'banner_image': 'https://brandsite-static.hdfclife.com/media/image/Article_08_-_July_-_Understanding the latest trends in endowment benefits.jpg'}, 'blog_author': None}, {'publish_at': '2019-07-22T05:56:00Z', 'url': '/insurance-knowledge-centre/investment-for-future-planning/investment-in-gold-viability-and-liquidity', 'slug': 'investment-in-gold-viability-and-liquidity', 'image': {'banner': 'QAEUOV9NoM7VSVZ'}, 'id': 1248, 'tags': ['Investment', 'Child', 'Insurance Basics', 'Tax', 'Retirement', 'Health'], 'content': '<p>Gold has always been the preferred form of investment in India, due to its rich cultural value as a pure element. But in today’s changing economy and times, should the investors still invest in Gold?</p>\n\n<h2><strong>Investment in Gold!</strong></h2>\n\n<p>Physical Gold like coins, jewelry, bars, and others have concerns about storage and liquidity.  Investors can invest in coins or bar form of gold as they have an assurance of purity. If the investment is made in jewelry, then the investor can also use it for wearing purpose.</p>\n\n<p>Any change in the economy like inflation, political decisions, GDP and other all affect the prices of gold, sometimes adversely.</p>\n\n<h2><strong>The difference between Gold and equity returns!</strong></h2>\n\n<p>With chances of volitality in equity markets, shouldn’t one keep some reserve <a href="https://www.hdfclife.com/insurance-knowledge-centre/investment-for-future-planning/gold-investment-in-india">investment in gold</a>? What happened in 2008-09 is not a normal phenomenon, both the markets of equity and fixed investment were down. So many investors turned their capital to gold, increasing its prices.</p>\n\n<p>Fixed income or market-linked products bring in money for the investors and create good capital in the long run. Gold can help in getting the principal amount and profits once it is liquidated and sold.</p>\n\n<h2><strong>How should money be invested in Gold?</strong></h2>\n\n<p>Compared to hard gold, paper gold investments are cost-effective and can be liquidated easily. Physical gold still has appeal as a product that has actual real-world use.</p>\n\n<p>To keep the diversification factor in the portfolio, an investor can go for gold, along with market-linked plans, funds, fixed income products, and others. These other investments have a <a href="https://www.hdfclife.com/insurance-knowledge-centre/investment-for-future-planning/power-of-compounding">compounding benefit</a>, and some of them give very good benefits in taxes as well.</p>\n\n<h2><strong>Loan against gold</strong></h2>\n\n<p>Investors also have an option to mortgage gold and get liquid cash in return. Some companies offer the options of loan against gold. If the has gold in the form of jewelry or others then it can also be used to get liquid cash in return. As the investor returns the money, he/she is entitled to get the gold back.</p>\n\n<p>Investing can be tricky. <a href="https://www.hdfclife.com/savings-investment-plans?source=M-KC_Gold_Sep19&utm_source=M-KC_Gold&utm_medium=Content&utm_campaign=M-KC_Gold_Sep19&agentcode=00399206">Know more about HDFC Life’s variety of investment plans</a>.</p>\n\n<p><b>ARN: ED/</b><b id="docs-internal-guid-013a5485-7fff-127b-8e0c-245dc55e3960">07/19/14819</b></p>', 'tile_image': 'https://brandsite-static.hdfclife.com/media/image/ArticleInvestment_tile.jpg', 'categories': ['insurance-knowledge-centre', 'investment-for-future-planning'], 'thumbnail_image': 'https://brandsite-static.hdfclife.com/media/image/ArticleInvestment_thumb.jpg', 'title': 'Investment in Gold – viability and liquidity!', 'excerpt': 'Gold has always been the preferred form of investment in India. Gold can help in getting the principal amount and profits once it is liquidated and sold. To know more about gold investment, Visit Now !', 'tag_list': [{'text': 'Investment', 'link': '/insurance-knowledge-centre/investment-for-future-planning'}, {'text': 'Child', 'link': '/insurance-knowledge-centre/child-future-planning'}, {'text': 'Insurance Basics', 'link': '/insurance-knowledge-centre/about-life-insurance'}, {'text': 'Tax', 'link': '/insurance-knowledge-centre/tax-saving-insurance'}, {'text': 'Retirement', 'link': '/insurance-knowledge-centre/retirement-planning'}, {'text': 'Health', 'link': '/insurance-knowledge-centre/secure-your-health'}], 'category_url': '/insurance-knowledge-centre/investment-for-future-planning/', 'attributes': [{'type': 'textfield', 'data': {'slug': 'title', 'value': 'Investment in Gold - Viability and liquidity | HDFC Life', 'label': 'title'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'description', 'value': 'Gold has always been the preferred form of investment in India. Gold can help in getting the principal amount and profits once it is liquidated and sold. To know more about gold investment, Visit Now !', 'label': 'description'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'keywords', 'value': 'gold investing, investment in gold, investment in india', 'label': 'keywords'}, 'validations': {}}, {'type': 'textarea', 'data': {'slug': 'adobe-dtm-script', 'value': '', 'label': 'adobe dtm script'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'carousel', 'value': 'specialCarousel', 'label': 'carousel'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'plan-disclaimer', 'value': '', 'label': 'plan disclaimer'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'header-1-tag', 'value': 'Investment in Gold – viability and liquidity!', 'label': 'Header 1 Tag'}, 'validations': {}}], 'view_count': 1677, 'banner_image': {'url': 'https://brandsite-static.hdfclife.com/media/image/ArticleInvestment.jpg', 'thumbnail_image': 'https://brandsite-static.hdfclife.com/media/image/ArticleInvestment_thumb.jpg', 'id': 'QAEUOV9NoM7VSVZ', 'tile_image': 'https://brandsite-static.hdfclife.com/media/image/ArticleInvestment_tile.jpg', 'alt': {'en': ''}, 'banner_image': 'https://brandsite-static.hdfclife.com/media/image/ArticleInvestment.jpg'}, 'blog_author': None}, {'publish_at': '2019-07-22T05:56:00Z', 'url': '/insurance-knowledge-centre/investment-for-future-planning/impact-of-budget-2019-on-future', 'slug': 'impact-of-budget-2019-on-future', 'image': {'banner': 'aQRRIXsSQrYHq2p'}, 'id': 1228, 'tags': ['Investment', 'Insurance Basics', 'Child', 'Tax', 'Retirement', 'Health'], 'content': '<p>Proposals in every Union Budget typically impact the financial lives of the people till the next Budget. At the same time, often there are few provisions that can have a longer term impact. Take the case of Section 80C limit of Rs 1.5 lakh introduced in 2005 and that exists till date. Down the years, it has shaped the investment behaviour, especially for tax saving investments. Budget 2019 also has some such provisions with long term implications for <a href="https://www.hdfclife.com/savings-investment-plans/sanchay-plus?source=M_KC-Budget_July2019&utm_source=M-KC_Budget&utm_medium=Content&utm_campaign=M-KC-Budget&prod=Sanchay&agentcode=00399206"><b>financial goals and financial behaviour</b></a><b></b>. Here are four major ones.</p>\n\n<p><b>A new tax saving investment</b> <b>for financial planning</b></p>\n\n<p>In her Budget speech, the Finance Minister Nirmala Sitharaman announced the introduction of a new tax saving investment in the nature of exchange traded funds (ETFs). These ETFs will invest in shares of Central Public Sector Enterprises (CPSE) that are part of government’s disinvestment programme.</p>\n\n<p>This is pretty much in line with the government’s disinvestment programme in the recent past where individual investors were invited to invest in CPSE ETFs. The sweetener in Budget 2019 is this that these investments will eligible for tax savings much like equity linked savings schemes (ELSS). For the uninitiated, for the government disinvestment programme, an index of CPSEs is created whose shares are to be disinvested. CPSE ETFs invest in the shares of these CPSEs in the same proportion as the CPSE index.</p>\n\n<p>This new investment option will add to the tax savings investment menu helping people plan for their financial goals such as children’s higher education and retirement. However, this higher risk, higher reward, investment can be considered only after people have made ample tax saving investments in existing investments be it traditionally popular investments like Public Provident Fund (PPF) and National Savings Certificate (NSC) or popular equity-linked investments such as ELSS and unit linked insurance plans (ULIPs). Restricted investments in select CPSE shares will make CPSE ETFs a much higher risk, tax saving investment.</p>\n\n<p><b>NPS maturity lump sum gets tax-free</b></p>\n\n<p>Budget 2019 has also brought to the fore once again the importance of focusing on <a href="https://www.hdfclife.com/savings-investment-plans/sanchay-plus?source=M_KC-Budget_July2019&utm_source=M-KC_Budget&utm_medium=Content&utm_campaign=M-KC-Budget&prod=Sanchay&agentcode=00399206"><b>taxation of investments</b></a><b></b> during stages of contribution, returns and maturity. The Budget has formally implemented a recent announcement of National Pension System (NPS) maturity lump sum being made tax-free. Remember, this is 60% of accumulated savings on maturity of NPS at age 60. This will help people meet lump sum requirements on retirement such as relocation. This, along with the fact that you can invest an additional Rs 50,000 to avail tax savings under Section 80CCD, over above the annual limit of Rs 1.5 lakh, will make NPS and retirement savings through tax saving investments more attractive. However, NPS continues to suffer from the taxation of regular retirement income that needs to mandatorily come from annuities by deploying 40% of NPS savings on maturity.</p>\n\n<p><b>TDS on non-exempt life insurance plans</b></p>\n\n<p>Talking of taxation of maturity proceeds, Budget 2019 has also brought about a change in the taxation of maturity amount of non-exempt life insurance plans. They are life insurance plans that provide life insurance coverage of less than 10 times their annual premium and are ineligible for tax deduction under Section 80C. According to the Budget, the difference of the maturity amount and premium paid will be subjected to Tax Deducted at Source (TDS) of 5% .As before, you will need to check out the taxation aspects before opting for life insurance plans of short-duration, short premium paying periods and single premium plans before you invest lump sum amounts for future financial goals.</p>\n\n<p><b>Coming soon: Rent reform legislation </b></p>\n\n<p>For about<b>  </b>20 years, tax deductions for home loan principal and interest repayment have spurred buyers to own homes. Many people have subsequently bought second homes, and some have even bought more. However, real estate investors and multiple home buyers often view their assets from the standpoint of long term capital gains benefits. Rental income from property, an important source of property income worldwide, has never quite got the prominence it deserves thanks to inadequate legislation to protect the interest of property owners.</p>\n\n<p>Budget 2019 has resolved to review and fix the legislative lacunae regarding rental properties. This will ensure people buy and hold on to their properties for the long term, ensure proper upkeep of their properties with the help of adequate rental income and protection of ownership rights. The latest move would help many people, especially those seeking regular income, like the retired, to have a regular income generating option in their portfolio of financial investments.</p>\n\n<p>As with previous Union Budgets, in case of Budget 2019 too, there are some provisions that will shape the road to your financial future long after you have forgotten about Budget 2019.</p>\n\n<p> </p>\n\n<p>By Udayan Ray<br />\nFounder: FundooMoney</p>\n\n<p> </p>\n\n<p>ARN: ED/07/19/14427</p>', 'tile_image': 'https://brandsite-static.hdfclife.com/media/image/impact-of-budget-2019-on-future_tile.jpg', 'categories': ['insurance-knowledge-centre', 'investment-for-future-planning'], 'thumbnail_image': 'https://brandsite-static.hdfclife.com/media/image/impact-of-budget-2019-on-future_thumb.jpg', 'title': 'How Budget 2019 Will Impact Your Future', 'excerpt': 'Proposals in every Union Budget typically impact the financial lives of the people till the next Budget. The article aims at highlighting the major changes caused by the recent budget.', 'tag_list': [{'text': 'Investment', 'link': '/insurance-knowledge-centre/investment-for-future-planning'}, {'text': 'Insurance Basics', 'link': '/insurance-knowledge-centre/about-life-insurance'}, {'text': 'Child', 'link': '/insurance-knowledge-centre/child-future-planning'}, {'text': 'Tax', 'link': '/insurance-knowledge-centre/tax-saving-insurance'}, {'text': 'Retirement', 'link': '/insurance-knowledge-centre/retirement-planning'}, {'text': 'Health', 'link': '/insurance-knowledge-centre/secure-your-health'}], 'category_url': '/insurance-knowledge-centre/investment-for-future-planning/', 'attributes': [{'type': 'textfield', 'data': {'slug': 'title', 'value': 'Impact of Budget 2019 on financial lives of people | HDFC Life', 'label': 'title'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'description', 'value': 'Proposals in every Union Budget typically impact the financial lives of the people till the next Budget. The article aims at highlighting the major changes caused by the recent budget.', 'label': 'description'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'keywords', 'value': 'impact of budget 2019, impact of budget 2019 on finances, impact of budget on financial planning', 'label': 'keywords'}, 'validations': {}}, {'type': 'textarea', 'data': {'slug': 'adobe-dtm-script', 'value': '', 'label': 'adobe dtm script'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'carousel', 'value': 'specialCarousel', 'label': 'carousel'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'plan-disclaimer', 'value': '', 'label': 'plan disclaimer'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'header-1-tag', 'value': 'How Budget 2019 Will Impact Your Future', 'label': 'Header 1 Tag'}, 'validations': {}}], 'view_count': 1595, 'banner_image': {'url': 'https://brandsite-static.hdfclife.com/media/image/impact-of-budget-2019-on-future.jpg', 'thumbnail_image': 'https://brandsite-static.hdfclife.com/media/image/impact-of-budget-2019-on-future_thumb.jpg', 'id': 'aQRRIXsSQrYHq2p', 'tile_image': 'https://brandsite-static.hdfclife.com/media/image/impact-of-budget-2019-on-future_tile.jpg', 'alt': {'en': ''}, 'banner_image': 'https://brandsite-static.hdfclife.com/media/image/impact-of-budget-2019-on-future.jpg'}, 'blog_author': None}, {'publish_at': '2019-07-22T05:56:00Z', 'url': '/insurance-knowledge-centre/investment-for-future-planning/do-longer-terms-ensure-better-returns', 'slug': 'do-longer-terms-ensure-better-returns', 'image': {'banner': 'jpsx6K2XBPzLniB'}, 'id': 1261, 'tags': ['Investment', 'Child', 'Insurance Basics', 'Tax', 'Retirement', 'Health'], 'content': '<p align="justify">If an investor starts investing early and goes for a long term investment, then it’s a wonderful combination. When we talk of market-linked investments, then holding for longer periods does give an upper hand. Here we will discuss some of the leverages of long term investment along with examples.</p>\n\n<p align="justify">Sensex was an all-time high in January 2019, and people who invested in stocks a decade ago when the markets crashed and held this long, reaped high profits. It’s quite clear that holding the pitch for long did bring the money back home with good profits. It can be put in a way that <strong>an investment is just a test match, longer you stay, the better it is</strong>.</p>\n\n<h2><strong>Benefits of the long term investment</strong></h2>\n\n<p align="justify">There are many benefits an investor gets if the money is invested for the long term. Some of the key benefits are</p>\n\n<ol>\n\t<li>\n\t<p align="justify">Less worry about the volatile market</p>\n\t</li>\n\t<li>\n\t<p align="justify">Cost effective as it reduces commissions and other management costs</p>\n\t</li>\n\t<li>\n\t<p align="justify">Power of compounding</p>\n\t</li>\n\t<li>\n\t<p align="justify">Rupee Cost Averaging</p>\n\t</li>\n</ol>\n\n<h2><strong>Benefits of long term investment in the Indian economy</strong></h2>\n\n<p align="justify">When we talk of long term investment, then the investor can consider a period of 7 to 10 years. It might help in:</p>\n\n<ol>\n\t<li>\n\t<p align="justify">Managing risks</p>\n\t</li>\n\t<li>\n\t<p align="justify">Giving better returns</p>\n\t</li>\n\t<li>\n\t<p align="justify">Developing the Habit of savings</p>\n\t</li>\n</ol>\n\n<p align="justify">Indian economy is at a booming stage and might soon touch the levels of American or European economies in times to come. So, to get good returns, invest for a long period, now.</p>\n\n<h2><strong>Long term investment options</strong></h2>\n\n<p align="justify">Investors can invest money in insurance products like ULIPs or any other investment plans offered by the insurance companies. If the investor is investing for the long term, then he/she can reap good profits. Investment advisors always suggest investing money for a longer period of time to gain high profits. If the investor chooses to invest in ULIPs, then he/she gets the dual benefit of life insurance and wealth creation for the future.</p>\n\n<p align="justify">The power of compounding is magical in the long run. It must be clear why an investor should start saving early and hold the investments for the long term. <a href="https://www.hdfclife.com/savings-investment-plans/click-2-wealth-ulip-plan?source=M-KC_LongTerm_Oct19&utm_source=M-KC_LongTerm&utm_medium=Content&utm_campaign=M-KC_LongTerm_Oct19&prod=C2W&agentcode=00399206">Stop thinking, start investing!</a></p>\n\n<p align="justify"><strong>ARN: ED/09/19/15840</strong></p>', 'tile_image': 'https://brandsite-static.hdfclife.com/media/image/Article_16-_July-_Do_longer_terms_ensure_better_returns_Here_s_a_studyL_tile.jpg', 'categories': ['insurance-knowledge-centre', 'investment-for-future-planning'], 'thumbnail_image': 'https://brandsite-static.hdfclife.com/media/image/Article_16-_July-_Do_longer_terms_ensure_better_returns_Here_s_a_studyL_thumb.jpg', 'title': 'Do longer terms ensure better returns?', 'excerpt': 'Investors can invest money in insurance products like ULIPs or any other investment plans offered by the insurance companies with its benefits, to know more browse online.', 'tag_list': [{'text': 'Investment', 'link': '/insurance-knowledge-centre/investment-for-future-planning'}, {'text': 'Child', 'link': '/insurance-knowledge-centre/child-future-planning'}, {'text': 'Insurance Basics', 'link': '/insurance-knowledge-centre/about-life-insurance'}, {'text': 'Tax', 'link': '/insurance-knowledge-centre/tax-saving-insurance'}, {'text': 'Retirement', 'link': '/insurance-knowledge-centre/retirement-planning'}, {'text': 'Health', 'link': '/insurance-knowledge-centre/secure-your-health'}], 'category_url': '/insurance-knowledge-centre/investment-for-future-planning/', 'attributes': [{'type': 'textfield', 'data': {'slug': 'title', 'value': 'Do longer terms ensure better returns?', 'label': 'title'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'description', 'value': 'Investors can invest money in insurance products like ULIPs or any other investment plans offered by the insurance companies with its benefits, to know more browse online.', 'label': 'description'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'keywords', 'value': 'long term investment, best long term investments, long term investment plans, long term investment options, types of long term investments', 'label': 'keywords'}, 'validations': {}}, {'type': 'textarea', 'data': {'slug': 'adobe-dtm-script', 'value': '', 'label': 'adobe dtm script'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'carousel', 'value': 'specialCarousel', 'label': 'carousel'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'plan-disclaimer', 'value': 'In Unit Linked policies, the investment risk in the investment portfolio is borne by the policyholder.', 'label': 'plan disclaimer'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'header-1-tag', 'value': '', 'label': 'Header 1 Tag'}, 'validations': {}}], 'view_count': 1688, 'banner_image': {'url': 'https://brandsite-static.hdfclife.com/media/image/Article_16-_July-_Do_longer_terms_ensure_better_returns_Here_s_a_studyL.jpg', 'thumbnail_image': 'https://brandsite-static.hdfclife.com/media/image/Article_16-_July-_Do_longer_terms_ensure_better_returns_Here_s_a_studyL_thumb.jpg', 'id': 'jpsx6K2XBPzLniB', 'tile_image': 'https://brandsite-static.hdfclife.com/media/image/Article_16-_July-_Do_longer_terms_ensure_better_returns_Here_s_a_studyL_tile.jpg', 'alt': {'en': ''}, 'banner_image': 'https://brandsite-static.hdfclife.com/media/image/Article_16-_July-_Do_longer_terms_ensure_better_returns_Here_s_a_studyL.jpg'}, 'blog_author': None}], 'icon_url': None, 'mobile-question-text': None}, 'fields': {'textfield': ['heading', 'mobile-question-heading', 'mobile-question-text']}}, 'JTZplJqResIbkWH': {'slug': 'brandsite-how-can-help', 'label': 'brandsite how can help - new - Z', 'id': 'duknoZznwrNG1Gy', 'template_url': 'brandsite-home-theme-one/widgets/how_can_help.tpl.html', 'type': 'data-wysiwyg_editor', 'data': {'whatsapp-etty-button-link': 'http://bit.ly/2m4AwGn', 'icon_url': None, 'branch-timing-section': {'text': '<section>\n<h2 class="heading">BRANCH TIMING</h2>\n\n<div class="branch-timings-wrap">\n<div class="branch-box">\n<div class="branch-bold-txt-wrap">India Timing :</div>\n\n<div class="branch-txt-wrap">Monday to Friday - 9:30 AM to 3:00 PM<br />\nSaturday - 9:30 AM to 1:00 PM</div>\n</div>\n\n<h3 class="sub-heading">Revised Timings for few branches for the below mentioned states :</h3>\n\n<table class="branch-table tableRevised">\n\t<tbody>\n\t\t<tr>\n\t\t\t<td>1. Assam</td>\n\t\t\t<td>5. Nagaland</td>\n\t\t</tr>\n\t\t<tr>\n\t\t\t<td>2. Maharastra</td>\n\t\t\t<td>6. Sikkim</td>\n\t\t</tr>\n\t\t<tr>\n\t\t\t<td>3. Manipur</td>\n\t\t\t<td>7. Tripura</td>\n\t\t</tr>\n\t\t<tr>\n\t\t\t<td>4. Meghalaya</td>\n\t\t\t<td>8. West Bengal</td>\n\t\t</tr>\n\t</tbody>\n</table>\n\n<div class="branch-btn-wrap"><a class="btn btn-default btn-red" download="Revised_Timing_List.pdf" href="/documents/apps/Revised_Timing_List.pdf" rel="noopener noreferrer" target="_blank">Download Revised Timing Branch List</a></div>\n<span class="disclaimer">Note: These are temporary changes and will be updated frequently.</span></div>\n</section>\n', 'label': 'branch timing section'}, 'nri-service-lhs-two': 'Call us', 'help-col-two-bottom-red-heading': 'Branch Near You', 'call-us-content-one-text-upper': None, 'help-col-three-call-us-no': '1860 267 9999', 'branch-office-timing-two': 'Monday to Friday - 10:00 AM to 2:00 PM <br> Saturday - 9:30 AM to 1:00 PM', 'help-col-one-sms-text': 'SMS', 'help-col-one-red-heading': 'BUY ONLINE', 'branch-office-timing-one': 'Monday to Friday - 9:30 AM to 3:30 PM <br> Saturday - 9:30 AM to 1:00 PM', 'help-col-two-bottom-button-text': 'Find Branch', 'help-col-one-call-us-text': 'Speak to our Certified Insurance Experts', 'small-box-email-text': 'Email', 'help-col-two-blue-heading': 'Contact Our', 'whatsapp-etty-text': 'Chat on WhatsApp Etty', 'branch-office-timing-three': 'Monday to Friday - 9:30 AM to 3:30 PM <br>Saturday - 9:30 AM to 1:00 PM <div class="branch-bold-txt-wrap">Akola Timing :</div><div class="branch-txt-wrap">Monday to Friday - 9:30 AM to 3:30 PM <br>Saturday - 9:30 AM to 1:00 PM</div><div class="branch-bold-txt-wrap">Yavatmal Timing :</div><div class="branch-txt-wrap"> Monday to Friday - 9:30 AM to 3:30 PM <br> Saturday - 9:30 AM to 1:00 PM </div><div class="branch-bold-txt-wrap">Pune Timing :</div><div class="branch-txt-wrap"> Monday to Friday - 9:30 AM to 2:00 PM <br> Saturday - 9:30 AM to 1:00 PM </div>', 'whatsapp-etty-button-text': 'chat now', 'call-us-content-one-text': '(Local charges applicable)', 'helpbox-heading': 'HOW CAN WE HELP YOU', 'help-col-one-sms-value': 'SMS LIFE to 56161', 'help-col-one-blue-heading': 'HELP TO', 'nri-service-text-two': 'MON TO SAT: 10 AM to 7 PM IST (LOCAL CHARGES APPLICABLE)', 'call-us-content-two': '022-68446530', 'help-col-three-blue-heading': 'Service For', 'branch-timing-button-text': 'CHECK BRANCH TIMING', 'help-col-two-bottom-button-link': '/contact-us/branch-locator', 'small-box-label': 'NRI Service', 'label': 'brandsite how can help - new - Z', 'nri-service-lhs-one': 'Email', 'small-box-sms-value': 'LIFE to 56161', 'call-us-content-two-text': '(STD charges applicable)', 'branch-office-one': 'India except Mumbai, Amravati, Akola, Yavatmal and Pune Timing :', 'nri-service-phone': '+91-8916694100', 'call-us-content-two-text-upper': None, 'help-col-one-email-text': 'Email', 'help-col-one-email-id': '[email protected]', 'missed-call-value-3': 'Premium Amount and Due Date', 'missed-call-no': '1800-315-7373', 'locate-branch': {'text': 'locate branch', 'image_id': 'DeS0ce7oA3xEU7B', 'description': '', 'link': '', 'alt': '', 'image_url': 'https://brandsite-static.hdfclife.com/media/image/find-branch.png'}, 'help-col-two-bottom-blue-heading': 'Locate A', 'help-col-one-call-timing': 'All days 9:00 AM to 9:00 PM IST', 'help-col-two-red-heading': 'Relationship Manager', 'help-col-one-callback-button-link': 'https://www.hdfclife.com/contact-us/call-me-now', 'help-col-two-call-us-text': 'Call Us', 'help-col-three-call-us-text': 'Call Us', 'branch-office-three': 'Amravati Timing :', 'missed-call-value-2': '(Applicable for Unit Linked Plans only),', 'help-col-three-call-timing': 'Available Mon-Sat 10 am to 7 pm IST. DO NOT prefix any country code e.g. +91 or 00.', 'whatsapp-etty-text-line-two': '+91 8291 890 569   ', 'branch-description-text': 'There has been changes in branch operation timings due to COVID 19', 'alt': None, 'help-col-one-call-us-no': '1800-266-9777', 'help-col-one-callback-button-text': 'CLICK HERE', 'branch-office-two': 'Mumbai Timing :', 'small-box-email-id': '[email protected]', 'small-box-missed-call-text': 'Or Give a Missed Call on', 'small-box-email-condition': '(For NRI customer only)', 'small-box-sms-text': '', 'help-col-two-call-us-no': '1800-266-7227', 'help-col-three-red-heading': 'Policyholders', 'branch-popup-header': 'BRANCH TIMING', 'call-us-content-one': '1860-267-9999', 'help-col-one-let-us-call-text': 'Instant Callback', 'help-col-three-call-email-text': 'Email', 'help-col-two-call-timing': 'Mon-Sat 9:30 A.M to 6:30 P.M IST', 'missed-call-value-1': '08000006609 to get details on your Fund Value', 'missed-call-label': 'MISSED CALL SERVICE', 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'category landing sidebar subscribe', 'subscribe-main-header': 'Subscribe to get the latest articles directly in your box', 'alt': None, 'subscribe-email-input-text': 'EMAIL ADDRESS', 'subscribe-button-text': 'Sign Up', 'icon_url': None}, 'fields': {'textfield': ['subscribe-main-header', 'subscribe-email-input-text', 'subscribe-button-text', 'subscribe-button-link']}}, 'SN5e5YwxY2kvh9N': {'slug': 'footer-text', 'label': 'footer text - Z', 'id': 'qbOASBU8xynSNcu', 'template_url': 'common-widgets/footer_text.tpl.html', 'type': 'data-wysiwyg_editor', 'data': {'footer-text': {'text': '<p>Our vision is to provide innovative and customer-centric insurance plans that can help our customers secure their family's future as well as help them with other benefits such as tax savings. Keeping this in mind we offer a large range of life insurance plans such as <a href="/term-insurance-plans"> term insurance plan </a>, <a href="/women-insurance-plans"> women's plan </a>, <a href="/health-insurance-plans"> health insurance plans </a>, <a href="/retirement-and-pension-plans"> pension plans for retirement planning </a>, <a href="/children-insurance-plans"> child education plans </a>, <a href="https://www.hdfclife.com/ulip-plans"> ULIPs </a>, <a href="https://www.hdfclife.com/savings-plans"> Savings plans</a>. Most of these life insurance policies are available online, so buy one today and Sar Utha Ke Jiyo!.<br />\n<br />\nAs per regulatory changes, it is mandatory to submit PAN/Form 60 (if PAN is not available) for your policy with immediate effect. Please update via My <a href="mailto:Account/[email protected]">Account/[email protected]</a>/18602679999/HDFC Life branch. Ignore if already submitted.</p>\n\n<div class="more-content">\n<p><strong>HDFC Life Insurance Company Limited</strong>. CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101.</p>\n\n<p><strong>Registered Office: </strong></p>\n\n<div itemscope="" itemtype="http://schema.org/LocalBusiness"><span itemprop="name">HDFC Life Insurance Company Limited, </span>\n\n<div itemprop="image" itemscope="" itemtype="http://schema.org/ImageObject" style="display:none"><img alt="" itemprop="url" src="//brandsite-images.hdfclife.com/static/assets/img/brandsite_home/hdfc-life-logo.png" width="250" /></div>\n\n<div itemprop="address" itemscope="" itemtype="http://schema.org/PostalAddress">\n<p><span itemprop="streetAddress">Lodha Excelus, 13th Floor, Apollo Mills Compound, N.M. 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Public receiving such phone calls are requested to lodge a police complaint.</p>\n', 'label': 'description'}, 'icon_url': None}, 'fields': {'wysiwyg-editor': ['description'], 'textfield': ['header-text']}}, 'QmskTXx5FJplxwG': {'slug': 'brandsite-get-app-link', 'label': 'brandsite get app link - new - Z', 'id': 'V5I0EXN90PbL0HB', 'template_url': 'brandsite-home-theme-one/widgets/mobile_app.tpl.html', 'type': 'data-image_list', 'data': {'icon_url': None, 'get-app-link-footer': 'I hereby consent to receive policy related communication from HDFC Life or its authorized representatives via Call, SMS, Email & Voice over Internet Protocol (VoIP) including WhatsApp. and agree to waive my registration on NCPR (National Customer Preference Registry) in this regard.', 'label': 'brandsite get app link - new - Z', 'image-mobile-support': {'content': [{'bannerText': 'sample 1', 'text': 'sample 1', 'image_id': '4YiDsXhrjvtuEfY', 'description': '', 'image_url': 'https://brandsite-static.hdfclife.com/media/image/apple (1).png', 'alt': 'apple image', 'link': 'https://hdfclife.onelink.me/1180682990/99d2bcfb'}, {'text': '', 'image_id': 'UFfm4stStoyu7RR', 'description': '', 'image_url': 'https://brandsite-static.hdfclife.com/media/image/android (1).png', 'alt': 'android image', 'link': 'https://hdfclife.onelink.me/1180682990/b165a46c'}], 'label': 'image mobile'}, 'get-app-link-main-header': 'DOWNLOAD HDFC LIFE APP', 'alt': None, 'get-app-link-button-text': 'Get App Link', 'get-app-link-button-link': 'Link 4', 'get-app-link-sub-header': 'Buy plans, track your policy, make renewal payments & monitor fund performance with HDFC Life App. Download Now!'}, 'fields': {'image-list': ['image-mobile-support'], 'textfield': ['get-app-link-main-header', 'get-app-link-sub-header', 'get-app-link-button-text', 'get-app-link-button-link', 'get-app-link-footer']}}, 'kwCSsSQIWqVRgbu': {'slug': 'footer-go-to-top', 'label': 'footer go to top - 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Z', 'icon_url': None}, 'fields': {'text-list': ['links']}}, 'DniEhJUzQinUeMf': {'slug': 'category-landing-articles', 'label': 'category landing articles_KC Investment', 'id': 'ftpKUpSHOfVR5u0', 'template_url': 'kc-category-theme-one/widgets/article-list.tpl.html', 'type': 'article_list', 'data': {'bottom-button-text': 'LOAD MORE', 'bottom-button-link': None, 'label': 'category landing articles_KC Investment', 'alt': None, 'header-text': 'Articles related to Invest Right For Future', 'content': [{'publish_at': '2016-11-07T08:14:00Z', 'url': '/insurance-knowledge-centre/investment-for-future-planning/ulip-plan-investment-india', 'slug': 'ulip-plan-investment-india', 'image': {'banner': 'qNt6rPpIjMlT9tI'}, 'id': 49, 'tags': ['Investment', 'Child', 'Insurance Basics', 'Tax', 'Retirement', 'Health'], 'content': '<link href="/static/iwov-resources/css/style.css" rel="stylesheet" />\n<div class="postDesc contentPage">\n<div class="scrollBlock">\n<article class="innerBlk" id="section53">\n<div class="term-assurance">\n<div class="head-wrp float-left clearfix">\n<p class="float-left"><a href="/insurance-knowledge-centre/about-life-insurance/what-is-ulip-plans/" target="_blank" title="ULIPs or unit-linked insurance plans">ULIPs or unit-linked insurance plans</a> offer investors the opportunity to select a product in step with their risk profile and investment objectives. This is made possible by the large number of plans / options within the ULIP.\u200b</p>\n</div>\n\n<div class="float-left" id="mymain">\n<div class="inner-plans-wrp generic ">\n<p>For instance an individual with a high risk appetite can opt for a ULIP option with a higher equity component. On the same lines a balanced fund ULIP will prove suitable for an investor with moderate risk appetite.</p>\n\n\n<p>For sheer flexibility as also growth prospects, ULIPs deserve a look in.</p>\n\n<h2><strong>6 steps to select a ULIP in India</strong></h2>\n\n<ol class="pad-left10 pad-bottom10 ol-list">\n\t<li>Go for the ULIP that offers a wide range of options across asset classes. So a ULIP with say eight fund options with varying allocations in equities and debt is a better choice than one with five options. A wider range of options means you have a better choice of finding the most suitable plan/option for your risk profile and investment objective.</li>\n\t<li>\n\t<p>Buying insurance should be easy and the same holds true for ULIPs. Get a ulip in India that is easier to buy – like for instance over the internet.</p>\n\t</li>\n\t<li>ULIPs have earned a bad reputation over the years for higher charges. Charges are now closely regulated. Go for the ULIP with the lowest expense since this will reflect in returns over time. The expenses can be compared easily enough since the information is widely available on company websites in a transparent manner. A<a href="https://www.hdfclife.com/ulip-plans" target="_blank" title="HDFC Life Click2Invest - Best ULIP Plan in India"> ULIP</a> with a zero charge structure that only accounts for fund management and mortality charges is a good option. Opt for ULIPs that invest the entire premium, meaning the premium allocation charge is zero.</li>\n\t<li>Go for ULIPs that offer more flexibility to choose the policy term. So a ULIP with a policy term of 5 to 20 years is better than a ULIP with a policy term of 10 to 20 years.</li>\n\t<li>Look for <a href="https://www.hdfclife.com/ulip-plans" target="_blank">ULIPs</a> that offer flexibility in terms of premium payment options. For instance, certain ULIPs offer the single premium payment option or the limited premium payment option (5 years, 7 years, 10 years) or the regular premium payment option which is the same as the policy term.</li>\n\t<li>ULIPs usually offer a death benefit that is the higher of the sum assured and fund value. There are some that offer a third option – a percentage of the premiums paid for instance 105% of premiums. This means the individual gets the higher of the three amounts – sum assured, fund value and premiums. The greater flexibility is a good thing for the individual.</li>\n</ol>\n\n<p> </p>\n\n<h3><strong>Similar Articles</strong></h3>\n\n<ul>\n\t<li><a href="/savings-investment-plans/click-2-invest-ulip-plan" target="_blank" title="HDFC Life Click2InvestBest ULIP Plan in India">HDFC Life Click2Invest ULIP Investment Plan</a></li>\n\t<li><a href="/insurance-knowledge-centre/about-life-insurance/what-is-ulip-plans/" target="_blank" title="What is ULIP?">What is a Unit Lined Insurance Plan?</a></li>\n\t<li><a href="/insurance-knowledge-centre/investment-for-future-planning/click2invest-superulip/" target="_blank" title="What Makes HDFC Life Click2Invest a SUPERULIP?">HDFC Life Click2Invest - A SUPERULIP Plan To Best Meet Your Needs</a></li>\n\t<li><a href="/savings-investment-plans" target="_blank" title="Saving and Investment Plans by HDFC Life">Savings and Investment Plans by HDFC Life</a></li>\n\t<li><a href="/insurance-knowledge-centre/about-life-insurance/compare-ulip-plans" target="_blank">ULIP Plan Comparison</a></li>\n</ul>\n\n<h3><strong>Related Articles</strong></h3>\n\n<ul>\n\t<li><a href="https://www.hdfclife.com/insurance-knowledge-centre/investment-for-future-planning/types-of-ulip-plans" target="_blank">Different Types of ULIP Plans in India</a></li>\n\t<li><a href="https://www.hdfclife.com/insurance-knowledge-centre/about-life-insurance/ulip-and-conventional-plans-comparison" target="_blank">Unit Linked Plans and Conventional Plans</a></li>\n\t<li><a href="https://www.hdfclife.com/insurance-knowledge-centre/investment-for-future-planning/understand-the-terms-of-ulip-plans" target="_blank">Understand the Terms of ULIP Plans</a></li>\n\t<li><a href="https://www.hdfclife.com/insurance-knowledge-centre/investment-for-future-planning/things-to-know-about-ulip-plans" target="_blank">Things to Know About ULIP Plans</a></li>\n</ul>\n\n<p style="text-align: center;"><a class="nav-btn red-btn" href="https://www.hdfclife.com/ulip-plans/click-2-wealth-ulip-plan" rel="noopener" style="position: relative; color: #fff; background: #d51d25; border-radius: 2px; vertical-align: middle; font: 14px \'Source Sans Pro\'; font-weight: 600; padding: 10px 20px; margin-right: 8px; margin-left: 0;" target="_blank">Buy ULIP Plans</a></p>\n</div>\n</div>\n</div>\n</article>\n</div>\n</div>', 'tile_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI1_uoPXySj_tile.jpg', 'categories': ['insurance-knowledge-centre', 'investment-for-future-planning'], 'thumbnail_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI1_uoPXySj_thumb.jpg', 'title': 'How to Choose a ULIP Plan in India For Investment?', 'excerpt': 'offer investors the opportunity to select a product in step with their risk profile and investment objectives. This is made possible by the large number of plans / options within the ULIP.', 'tag_list': [{'text': 'Investment', 'link': '/insurance-knowledge-centre/investment-for-future-planning'}, {'text': 'Child', 'link': '/insurance-knowledge-centre/child-future-planning'}, {'text': 'Insurance Basics', 'link': '/insurance-knowledge-centre/about-life-insurance'}, {'text': 'Tax', 'link': '/insurance-knowledge-centre/tax-saving-insurance'}, {'text': 'Retirement', 'link': '/insurance-knowledge-centre/retirement-planning'}, {'text': 'Health', 'link': '/insurance-knowledge-centre/secure-your-health'}], 'category_url': '/insurance-knowledge-centre/investment-for-future-planning/', 'attributes': [{'type': 'textfield', 'data': {'slug': 'title', 'value': 'How to Choose ULIP Plan in India - Complete Guide | HDFC Life', 'label': 'title'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'description', 'value': 'Choosing the right ulip plan is a tough task nowadays because of the variety of options available. Follow the 6 simple steps to choose the right one. 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Along with financial protection, this plan also offers a range of investment funds to choose from. With minimal charges and maximum investable premium, HDFC Life Click 2 Invest - ULIP is not just another ULIP, it's a SUPERULIP.</p>\r\n\r\n<p><a href="https://onlineinsurance.hdfclife.com/buy-online-investment-plans/click-2-invest-ulip-plan?source=W_Click2Invest_SuperULIP_Infograph" target="_blank"><img alt="Click 2 Invest SuperULIP" src="http://www.hdfclife.com/iwov-resources/image/knowledge/HDFC-Click2Invest_SuperULIP.jpg" title="Click 2 Invest SuperULIP" /></a></p>\r\n\r\n<h3><strong>Similar Articles</strong></h3>\r\n\r\n<ul>\r\n\t<li><a href="/insurance-knowledge-centre/about-life-insurance/what-is-ulip-plans/" target="_blank" title="What is ULIP?">What is ULIP?</a></li>\r\n\t<li><a href="/insurance-knowledge-centre/about-life-insurance/ulip-and-mutual-fund-comparison" target="_blank" title="ULIP and Mutual Fund Comparison">Difference Between ULIPs and Mutual Funds</a></li>\r\n\t<li><a href="/insurance-knowledge-centre/investment-for-future-planning/why-unit-linked-plan/" target="_blank" title="Introduction to ULIPs">An Introduction to ULIPs</a></li>\r\n\t<li><a href="http://blog.hdfclife.com/are-ulips-suitable-investment-options-532560" target="_blank" title="ULIPs as Long Term Investment Options">Are ULIPs an Ideal Long Term Investment Option?</a></li>\r\n\t<li><a href="/insurance-knowledge-centre/investment-for-future-planning/best-long-term-investment-options-in-2015" target="_blank" title="Long Term Investment Options">Best Long Term Investment Options</a></li>\r\n</ul>\r\n</div>\r\n</div>\r\n</article>\r\n</div>\r\n</div>', 'tile_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI5_hiq8Kmr_tile.jpg', 'categories': ['insurance-knowledge-centre', 'investment-for-future-planning'], 'thumbnail_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI5_hiq8Kmr_thumb.jpg', 'title': 'What makes HDFC Life Click2Invest a SUPERULIP?', 'excerpt': 'HDFC Life Click 2 Invest – ULIP is not just another ULIP, it’s a SUPERULIP that competes directly with most other financial instruments', 'tag_list': [{'text': 'Investment', 'link': '/insurance-knowledge-centre/investment-for-future-planning'}, {'text': 'Child', 'link': '/insurance-knowledge-centre/child-future-planning'}, {'text': 'Insurance Basics', 'link': '/insurance-knowledge-centre/about-life-insurance'}, {'text': 'Tax', 'link': '/insurance-knowledge-centre/tax-saving-insurance'}, {'text': 'Retirement', 'link': '/insurance-knowledge-centre/retirement-planning'}, {'text': 'Health', 'link': '/insurance-knowledge-centre/secure-your-health'}], 'category_url': '/insurance-knowledge-centre/investment-for-future-planning/', 'attributes': [{'type': 'textfield', 'data': {'slug': 'title', 'value': 'HDFC Life Click2Invest SuperUlip - 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This is a mistake as underestimating risk has brought about the downfall of many a portfolio.<script gapi_processed="true" src="https://apis.google.com/js/plusone.js" type="text/javascript"></script><script>!function (d, s, id) { var js, fjs = d.getElementsByTagName(s)[0], p = /^http:/.test(d.location) ? \'http\' : \'https\'; if (!d.getElementById(id)) { js = d.createElement(s); js.id = id; js.src = p + \'://platform.twitter.com/widgets.js\'; fjs.parentNode.insertBefore(js, fjs); } }(document,\r\n\'script\', \'twitter-wjs\');\r\n </script></p>\n\n<div class="term-assurance">\n<div class="float-left" id="mymain">\n<div class="inner-plans-wrp generic ">\n<h3><strong>While there are several types of risks involved in investing, the ones investor should familiarize himself with include</strong></h3>\n\n<ul class="markers mrgn-left0 pad-bottom10 mrgn-top10 list-check">\n\t<li>\n\t<p><strong>Credit risk</strong></p>\n\n\t<p>This is the risk that a company will default on payment of the bond or debenture proceeds or a bank or financial institution will default on a deposit.</p>\n\t</li>\n\t<li>\n\t<p><strong>Liquidity risk</strong></p>\n\n\t<p>This is the risk of being saddled with an investment for lack of transactions in the market either due to quality or pricing issues. For instance, there might not be enough transactions in a particular stock due to lower number of tradable shares. Or there might not be many transactions in the real estate market as prices are sticky at higher levels making investors adopt a wait and watch stand.</p>\n\t</li>\n\t<li>\n\t<p><strong>Inflation risk</strong></p>\n\n\t<p>This is the risk that an investment will not generate desired returns due to higher level of prices. Higher inflation brings down, what is known as, real returns of the investment.</p>\n\n\t<p>The individual must identify investments that are well-placed to negotiate the risks. For instance, take life insurance. An insurance plan that invests primarily in AAA rated paper nullifies credit risk to a large extent. This also takes care of liquidity risk as AAA rated paper is widely traded in the market. Of course, it might be too much to expect individuals to accurately interpret the risks associated with their <a href="/insurance-plans" target="_blank" title="Life Insurance Plans and Policies">life insurance plans</a>. That is why it is a good idea to ask pointed questions to your insurance advisor or the company agent before investing in the plan.</p>\n\t</li>\n</ul>\n\n<p> </p>\n\n<h3><strong>Similar Articles</strong></h3>\n\n<ul>\n\t<li><a href="/savings-investment-plans/financial-planning" target="_blank" title="Why do I need Savings & Investment Plans?">Why do I need Savings & Investment Plans?</a></li>\n\t<li><a href="https://onlineinsurance.hdfclife.com/?source=W_TC_HP_LHS_EFU" target="_blank" title="Buy Online Investment Plans">Buy Online Investment Plans</a></li>\n\t<li><a href="/insurance-knowledge-centre/investment-for-future-planning/right-insurance-plan" target="_blank" title="How do I choose and decide on the right plan?">How do I choose and decide on the right plan?</a></li>\n\t<li><a href="http://blog.hdfclife.com/financial-awareness-a-pre-requisite-for-financial-planning-532120" target="_blank" title="Financial Awareness: A Pre-requisite for Financial Planning">Financial Awareness: A Pre-requisite for Financial Planning</a></li>\n\t<li><a href="/insurance-knowledge-centre/investment-for-future-planning/safe-investment-options-in-india-for-2015" target="_blank" title="Safe Investments with High Returns">5 Safe Investments in India with Higher Returns</a> <a href="http://www.hdfclife.com/insurance-knowledge-centre/investment-for-future-planning/types-of-online-frauds/" target="_blank" title="Types of Online Frauds to be Aware Of">Types of Online Frauds</a></li>\n</ul>\n</div>\n</div>\n</div>\n</div>\n</div>\n</article>\n</div>\n</div>', 'tile_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI4_mfCALGe_tile.jpg', 'categories': ['insurance-knowledge-centre', 'investment-for-future-planning'], 'thumbnail_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI4_mfCALGe_thumb.jpg', 'title': 'How to evaluate risk of investment planning?', 'excerpt': 'Talk of investment planning and you can be sure that the risks associated with the investment are likely to get minimal attention from investors. This is a mistake as underestimating risk has brought about the downfall of many a portfolio.', 'tag_list': [{'text': 'Investment', 'link': '/insurance-knowledge-centre/investment-for-future-planning'}, {'text': 'Child', 'link': '/insurance-knowledge-centre/child-future-planning'}, {'text': 'Insurance Basics', 'link': '/insurance-knowledge-centre/about-life-insurance'}, {'text': 'Tax', 'link': '/insurance-knowledge-centre/tax-saving-insurance'}, {'text': 'Retirement', 'link': '/insurance-knowledge-centre/retirement-planning'}, {'text': 'Health', 'link': '/insurance-knowledge-centre/secure-your-health'}], 'category_url': '/insurance-knowledge-centre/investment-for-future-planning/', 'attributes': [{'type': 'textfield', 'data': {'slug': 'title', 'value': 'How to Evaluate Risk Before Investment Planning? | HDFC Life', 'label': 'title'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'description', 'value': 'Talk of investment planning and you can be sure that the risks associated with the investment are likely to get minimal attention from investors. To know more about investment planning, visit now !', 'label': 'description'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'keywords', 'value': 'investment plan, investment option, investment planning, insurance risk evaluation', 'label': 'keywords'}, 'validations': {}}, {'type': 'textarea', 'data': {'slug': 'adobe-dtm-script', 'value': '<script type="text/javascript">\n var digitalData = { \npage : {\n\'pageName\': \'HDFCLife:Knowledge Center:Investment:Evaluate Risk\', \n\'channel\':\'HDFCLife:Knowledge Center\', \n\'subSection2\':\'HDFCLife:Knowledge Center\',\n\'subSection3\':\'HDFCLife:Knowledge Center:Investment\',\n\'subSection4\': \'HDFCLife:Knowledge Center:Investment:Evaluate Risk\',\n\'userType\':\'guest/signed-in\'\n }\n};\n </script>', 'label': 'adobe dtm script'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'carousel', 'value': 'specialCarousel', 'label': 'carousel'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'plan-disclaimer', 'value': 'In Unit Linked policies, the investment risk in the investment portfolio is borne by the policyholder.', 'label': 'plan disclaimer'}, 'validations': {}}, {'type': 'textarea', 'data': {'slug': 'canonical-url', 'value': '/insurance-knowledge-centre/investment-for-future-planning/evaluate-risk', 'label': 'canonical url'}, 'validations': {}}], 'view_count': 3738, 'banner_image': {'url': 'https://brandsite-static.hdfclife.com/media/image/RS-SI4_mfCALGe.jpg', 'thumbnail_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI4_mfCALGe_thumb.jpg', 'id': 'k3VX8j3I1KMnM54', 'tile_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI4_mfCALGe_tile.jpg', 'alt': {'en': 'Investment Plans'}, 'banner_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI4_mfCALGe.jpg'}, 'blog_author': None}, {'publish_at': '2016-11-08T06:06:00Z', 'url': '/insurance-knowledge-centre/investment-for-future-planning/financial-planning-basics', 'slug': 'financial-planning-basics', 'image': {'banner': 'qNt6rPpIjMlT9tI'}, 'id': 47, 'tags': ['Investment', 'Child', 'Insurance Basics', 'Tax', 'Retirement', 'Health'], 'content': '<link href="/static/iwov-resources/css/style.css" rel="stylesheet" />\n<div class="postDesc contentPage">\n<div class="scrollBlock">\n<article class="innerBlk" id="section53">\n<div class="term-assurance">\n<div class="head-wrp float-left clearfix">\n<p class="float-left">Terms like financial planning and personal finance appear frequently in TV shows, newspapers, and magazines. Just about everyone is stressing on the need for financial planning. Exactly what is financial planning and how does it add value to your money and financial goals?\u200b</p>\n</div>\n\n<div class="float-left" id="mymain">\n<div class="inner-plans-wrp generic ">\n<h3><strong>Financial planning means…</strong></h3>\n\n<p>Financial planning is a process by which an individual, under the guidance of an expert, charts a roadmap to meet expected and unforeseen needs in life.<br />\nWho is a candidate for financial planning?<br />\nAnyone earning an income must have a concrete plan to spend the money in a productive manner. He must consider financial planning to set himself up for success in life.<br />\n </p>\n\n<h3><strong>First, set goals</strong></h3>\n\n<p>This begins by making a list of the most relevant financial goals or objectives.</p>\n\n<p>For instance, the individual may choose to set aside money towards:</p>\n\n<ol class="pad-left10 pad-bottom10 ol-list" style="text-align: justify;">\n\t<li>Child’s higher education or marriage</li>\n\t<li>Retirement planning</li>\n\t<li>Buying a house</li>\n\t<li>Emergencies and so on</li>\n</ol>\n\n<p>Once he has listed the objectives, it will bring in a sense of responsibility and commitment. He will no longer be inclined to spend money like he used to, because now he has more important things to do with his money.</p>\n\n<h3><strong>Second, prepare a plan for each goal</strong></h3>\n\n<p>Next is to prepare a plan to achieve each goal listed down by the individual in the first step. This involves making calculations and putting down a number towards each goal, for instance Rs 10 lakhs towards child’s education five years later or Rs 25 lakhs towards down payment on the house you wish to buy ten years later. It is advisable to engage a competent financial planner at this stage to help with the calculations. Apart from the math, he will draft a suitable portfolio with recommended investments to put you on the path to achieving your goals.</p>\n\n<h3><strong>Third, setting aside money</strong></h3>\n\n<p>The individual must set aside money regularly towards these goals. This is best achieved through an automated investment plan where you invest a fixed amount at intervals (monthly/quarterly) in a unit-linked plan (ulip) or a mutual fund. These are better known as systematic investment plans or SIPs. They are light on the wallet and help investors benefit from rupee cost averaging, which reduces the purchase cost of the investment over time.</p>\n\n<h3><strong>Fourth, get life insurance on priority</strong></h3>\n\n<p>Getting a protection plan must rank among the more important priorities for an individual. <a href="https://www.hdfclife.com/insurance-plans">Life insurance</a> has a variety of options that makes it convenient for individuals to provide for the family’s financial security in their absence.</p>\n\n<h3><strong>Fifth, get medical insurance</strong></h3>\n\n<p>Just as important is to get medical insurance to provide for health-related emergencies. A health insurance plan when taken at an early age comes at affordable premium and covers a larger number of health conditions. As you age, premium rates start climbing and certain health conditions may get excluded from policy coverage.</p>\n\n<p> </p>\n\n<h3><strong>Similar Articles</strong></h3>\n\n<ul>\n\t<li><a href="/insurance-knowledge-centre/retirement-planning/" target="_blank" title="Retirement Planning">Guide to Retirement Planning</a></li>\n\t<li><a href="/insurance-knowledge-centre/tax-saving-insurance/latest-income-tax-slab-and-deductions" target="_blank" title="Income Tax Slab">Income Tax Slab for FY 2015-16</a></li>\n\t<li><a href="/insurance-knowledge-centre/compare-life-insurance-plans/" target="_blank" title="">Life Insurance Comparison</a></li>\n\t<li><a href="/insurance-knowledge-centre/about-life-insurance/choose-best-term-insurance-plan-in-2015/" target="_blank" title="Best Term Insurance Plan">How To Choose the Best Term Insurance Plan</a></li>\n\t<li><a href="/insurance-knowledge-centre/tax-saving-insurance/small-investment-options-in-india-for-2016/" target="_blank" title="Small Investments In India">Small investment Options</a></li>\n\t<li><a href="/insurance-knowledge-centre/tax-saving-insurance/direct-tax" target="_blank" title="Direct Tax">Direct Taxes in India</a></li>\n\t<li><a href="/insurance-knowledge-centre/tax-saving-insurance/indirect-tax" target="_blank" title="Indirect Tax">Indirect Taxes in India</a></li>\n\t<li><a href="/insurance-knowledge-centre/tax-saving-insurance/latest-income-tax-slab-and-deductions-fy-2017-18" target="_blank" title="Income Tax Slab 2017-18">Income Tax Rates 2017-18</a></li>\n</ul>\n</div>\n</div>\n</div>\n</article>\n</div>\n</div>', 'tile_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI1_uoPXySj_tile.jpg', 'categories': ['insurance-knowledge-centre', 'investment-for-future-planning'], 'thumbnail_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI1_uoPXySj_thumb.jpg', 'title': 'Basics of Financial Planning – A Complete Guide', 'excerpt': 'Terms like financial planning and personal finance appear frequently in TV shows, newspapers, and magazines. Just about everyone is stressing on the need for financial planning. Exactly what is financial planning and how does it add value to your money and financial goals?', 'tag_list': [{'text': 'Investment', 'link': '/insurance-knowledge-centre/investment-for-future-planning'}, {'text': 'Child', 'link': '/insurance-knowledge-centre/child-future-planning'}, {'text': 'Insurance Basics', 'link': '/insurance-knowledge-centre/about-life-insurance'}, {'text': 'Tax', 'link': '/insurance-knowledge-centre/tax-saving-insurance'}, {'text': 'Retirement', 'link': '/insurance-knowledge-centre/retirement-planning'}, {'text': 'Health', 'link': '/insurance-knowledge-centre/secure-your-health'}], 'category_url': '/insurance-knowledge-centre/investment-for-future-planning/', 'attributes': [{'type': 'textfield', 'data': {'slug': 'title', 'value': 'Complete Guide for Basic of Financial Planning | HDFC Life', 'label': 'title'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'description', 'value': "Following the basics of financial planning will help you meet your life's goals through proper management of wealth. Read a complete guide on how this can be achieved.", 'label': 'description'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'keywords', 'value': 'financial planning, basics of financial planning, financial planning guide', 'label': 'keywords'}, 'validations': {}}, {'type': 'textarea', 'data': {'slug': 'adobe-dtm-script', 'value': '<script type="text/javascript">\n var digitalData = { \npage : {\n\'pageName\': \'HDFCLife:Knowledge Center:Investment:Financial Planning Basics\', \n\'channel\':\'HDFCLife:Knowledge Center\', \n\'subSection2\':\'HDFCLife:Knowledge Center\',\n\'subSection3\':\'HDFCLife:Knowledge Center:Investment\',\n\'subSection4\': \'HDFCLife:Knowledge Center:Investment:Financial Planning Basics\',\n\'userType\':\'guest/signed-in\'\n }\n};\n </script>', 'label': 'adobe dtm script'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'carousel', 'value': 'specialCarousel', 'label': 'carousel'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'plan-disclaimer', 'value': 'In Unit Linked policies, the investment risk in the investment portfolio is borne by the policyholder.', 'label': 'plan disclaimer'}, 'validations': {}}, {'type': 'textarea', 'data': {'slug': 'canonical-url', 'value': '/insurance-knowledge-centre/investment-for-future-planning/financial-planning-basics', 'label': 'canonical url'}, 'validations': {}}], 'view_count': 1858, 'banner_image': {'url': 'https://brandsite-static.hdfclife.com/media/image/RS-SI1_uoPXySj.jpg', 'thumbnail_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI1_uoPXySj_thumb.jpg', 'id': 'qNt6rPpIjMlT9tI', 'tile_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI1_uoPXySj_tile.jpg', 'alt': {'en': 'Long Term Investment Options'}, 'banner_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI1_uoPXySj.jpg'}, 'blog_author': None}, {'publish_at': '2016-11-08T06:14:00Z', 'url': '/insurance-knowledge-centre/investment-for-future-planning/income-protection', 'slug': 'income-protection', 'image': {'banner': 'qNt6rPpIjMlT9tI'}, 'id': 56, 'tags': ['Investment', 'Child', 'Insurance Basics', 'Tax', 'Retirement', 'Health'], 'content': '<link href="/static/iwov-resources/css/style.css" rel="stylesheet" />\n<div class="postDesc contentPage">\n<div class="scrollBlock">\n<article class="innerBlk" id="section51">\n<div class="term-assurance">\n<div class="head-wrp float-left clearfix">\n<p class="float-left">Most individuals underestimate the importance of regular and steady income until they run headlong into a crisis, such as an accident, an illness, a job loss or just plain retirement. It’s only then that the importance of preserving one’s earnings gets the attention it deserves.\u200b</p>\n</div>\n\n<div class="float-left" id="mymain">\n<div class="top-desc-wrp">\n<div class="clearfix">\n<div class="description">\n<p style="padding-right: 30px;"><script type="text/javascript">(function (d, s, id) { var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) return; js = d.createElement(s); js.id = id; js.src = "//connect.facebook.net/en_US/all.js#xfbml=1"; fjs.parentNode.insertBefore(js, fjs); }\r\n(document, \'script\', \'facebook-jssdk\'));</script></p>\n</div>\n</div>\n\n<div class="rating-wrp" style="display:none">\n<div class="IconRating">\n<div class="IconRatingSummaryText">\n<p>Rated </p>\n\n<p class="IconRatingAverageRatingValueText">3.46</p>\n\n<p>/5 (</p>\n\n<p class="IconRatingCountValueText">102</p>\n\n<p> Votes)</p>\n</div>\n\n<div class="IconRatingInnerContainer">\n<p class="IconRatingSelector"> </p>\n</div>\n</div>\n\n<p><script language="JavaScript">\r\nvar rc = new IconRatingSelector(\'C_1374164394452\', \'/iwov-resources/image/index/star-on.png\', \'/iwov-resources/image/index/star-off.png\', \'/iwov-resources/image/index/star-on.png\', \'/iwov-resources/image/index/star-off.png\', \'/hdfclifeprod/insurancemanager/safeguard_earnings/1374164394452.ajax?=\');\r\n\r\nrc.setEnabled(true);\r\n </script></p>\n</div>\n</div>\n\n<div class="inner-plans-wrp generic ">\n<p>To be sure, safeguarding one’s earnings needs to be high on one’s priority list. All it takes is one disaster to wipe away a considerable portion of one’s hard earned money. This is why one needs to prepare for untimely events to safeguard the finances of the family.</p>\n\n<ul>\n\t<li>\n\t<h3><strong>Take insurance to cover contingencies</strong></h3>\n\t</li>\n</ul>\n\n<p>To insulate your earnings from unforeseen events and contingencies, consider a<a href="https://www.hdfclife.com/insurance-knowledge-centre/about-life-insurance/what-is-life-insurance/" target="_blank"> life insurance plan</a> that includes protection against accidents, illness and death. There are several protection plans and savings and investment plans, both in the traditional and market-linked segments, which achieve this effectively.</p>\n\n<ul class="markers mrgn-left0 pad-bottom10 mrgn-top10 list-check">\n\t<li>\n\t<h3><strong>Rein in inflation </strong></h3>\n\n\t<p>Disasters apart, inflation is the single most underrated destroyer of financial value – a silent killer of sorts. Investors must take deliberate action to counter the eroding effects of inflation by opting for a <a href="/savings-investment-plans" target="_blank" title="savings and investment plans">savings and investment plan</a> that has a fair share of assets like equities that counter inflation effectively.</p>\n\t</li>\n\t<li>\n\t<h3><strong>Plan for retirement </strong></h3>\n\n\t<p>Planning for retirement by way of pension plans, among other avenues, provides income protection in the later years. Younger individuals who opt for pension get in the habit of setting aside income in their earning years and thereby preserve their income from erosion and wasteful expenditure.</p>\n\t</li>\n</ul>\n\n<p> </p>\n\n<h3><strong>Similar Articles</strong></h3>\n\n<ul>\n\t<li><a href="/insurance-knowledge-centre/investment-for-future-planning/my-money-works-for-me" target="_blank" title="How to make your money work for you?">How to make your money work for you?</a></li>\n\t<li><a href="https://onlineinsurance.hdfclife.com/?source=W_TC_HP_LHS_EFU" target="_blank" title="Buy Online Investment Plans">Buy Online Investment Plans</a></li>\n\t<li><a href="http://blog.hdfclife.com/financial-adequacy-plan-vs-management-532110" target="_blank" title="Financial Adequacy: Plan Vs. Management">Financial Adequacy: Plan Vs. Management</a></li>\n\t<li><a href="http://blog.hdfclife.com/wealth-creation-with-insurance-part-1-532340" target="_blank" title="6 Principles Responsible for Wealth Creation">6 Principles Responsible for Wealth Creation</a></li>\n\t<li><a href="/insurance-knowledge-centre/about-life-insurance/how-to-secure-family-future" target="_blank" title="Securing Family Future with Life Insurance">How to Secure Family Future</a></li>\n\t<li><a href="/insurance-knowledge-centre/about-life-insurance/how-to-choose-right-plan" target="_blank" title="Choosing the Best Life Insurance Policy">How to Choose the Best Life Insurance Policy</a></li>\n\t<li><a href="/insurance-knowledge-centre/retirement-planning/inflation-impact-on-savings/" target="_blank" title="Impact of Inflation on Savings">Impact of Inflation on Savings</a></li>\n\t<li><a href="/insurance-knowledge-centre/investment-for-future-planning/" target="_blank" title="Investment for Future Planning">Investment for Future Planning</a></li>\n\t<li><a href="/insurance-knowledge-centre/investment-for-future-planning/portfolio-risk/" target="_blank" title="Managing Investment Portfolio">How to Manage Investment Portfolio</a></li>\n\t<li><a href="http://blog.hdfclife.com/early-financial-planning-532250" target="_blank" title="Early Financial Planning">Benefits of Early Financial Planning for Parents</a></li>\n\t<li><a href="http://blog.hdfclife.com/5-steps-to-successful-financial-planning-for-urban-women-532180" target="_blank" title="Financial Planning for Women">Successful Financial Planning for Women</a></li>\n\t<li><a href="/insurance-knowledge-centre/tax-saving-insurance/latest-income-tax-slab-and-deductions" target="_blank" title="Income Tax Slab">Income Tax Slab</a></li>\n\t<li><a href="/insurance-knowledge-centre/tax-saving-insurance/latest-income-tax-slab-and-deductions-fy-2017-18" target="_blank" title="Income Tax Rule 2017">Income Tax Rates For AY 2018-19</a></li>\n</ul>\n</div>\n</div>\n</div>\n</article>\n</div>\n</div>', 'tile_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI1_uoPXySj_tile.jpg', 'categories': ['insurance-knowledge-centre', 'investment-for-future-planning'], 'thumbnail_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI1_uoPXySj_thumb.jpg', 'title': 'How to save your money?', 'excerpt': 'Most individuals underestimate the importance of regular and steady income until they run headlong into a crisis, such as an accident, an illness, a job loss or just plain retirement. It’s only then that the importance of preserving one’s earnings gets the attention it deserves.', 'tag_list': [{'text': 'Investment', 'link': '/insurance-knowledge-centre/investment-for-future-planning'}, {'text': 'Child', 'link': '/insurance-knowledge-centre/child-future-planning'}, {'text': 'Insurance Basics', 'link': '/insurance-knowledge-centre/about-life-insurance'}, {'text': 'Tax', 'link': '/insurance-knowledge-centre/tax-saving-insurance'}, {'text': 'Retirement', 'link': '/insurance-knowledge-centre/retirement-planning'}, {'text': 'Health', 'link': '/insurance-knowledge-centre/secure-your-health'}], 'category_url': '/insurance-knowledge-centre/investment-for-future-planning/', 'attributes': [{'type': 'textfield', 'data': {'slug': 'title', 'value': 'Tips on How to Safeguard Your Income - HDFC Life', 'label': 'title'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'description', 'value': ' Safeguarding one’s earnings needs to be high on one’s priority list. HDFC Life provides insights into various options that you can consider to protect your income in future uncertainties. Visit Now', 'label': 'description'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'keywords', 'value': 'how to safeguard your earnings, how to save your money', 'label': 'keywords'}, 'validations': {}}, {'type': 'textarea', 'data': {'slug': 'adobe-dtm-script', 'value': '<script type="text/javascript">\n var digitalData = { \npage : {\n\'pageName\': \'HDFCLife:Knowledge Center:Investment:Income Protection\', \n\'channel\':\'HDFCLife:Knowledge Center\', \n\'subSection2\':\'HDFCLife:Knowledge Center\',\n\'subSection3\':\'HDFCLife:Knowledge Center:Investment\',\n\'subSection4\': \'HDFCLife:Knowledge Center:Investment:Income Protection\',\n\'userType\':\'guest/signed-in\'\n }\n};\n </script>', 'label': 'adobe dtm script'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'carousel', 'value': 'specialCarousel', 'label': 'carousel'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'plan-disclaimer', 'value': 'In Unit Linked policies, the investment risk in the investment portfolio is borne by the policyholder.', 'label': 'plan disclaimer'}, 'validations': {}}, {'type': 'textarea', 'data': {'slug': 'canonical-url', 'value': '/insurance-knowledge-centre/investment-for-future-planning/income-protection/', 'label': 'canonical url'}, 'validations': {}}], 'view_count': 1440, 'banner_image': {'url': 'https://brandsite-static.hdfclife.com/media/image/RS-SI1_uoPXySj.jpg', 'thumbnail_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI1_uoPXySj_thumb.jpg', 'id': 'qNt6rPpIjMlT9tI', 'tile_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI1_uoPXySj_tile.jpg', 'alt': {'en': 'Long Term Investment Options'}, 'banner_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI1_uoPXySj.jpg'}, 'blog_author': None}, {'publish_at': '2016-11-08T06:18:02Z', 'url': '/insurance-knowledge-centre/investment-for-future-planning/goal-based-investment-plan', 'slug': 'goal-based-investment-plan', 'image': {'banner': 'yhBwj80TxmGIE48'}, 'id': 52, 'tags': ['Investment', 'Child', 'Insurance Basics', 'Tax', 'Retirement', 'Health'], 'content': '<link href="/static/iwov-resources/css/style.css" rel="stylesheet" />\n<div class="postDesc contentPage">\n<div class="scrollBlock">\n<article class="innerBlk" id="section53">\n<div class="term-assurance">\n<div class="head-wrp float-left clearfix">\n<p class="float-left">With a complicated investment environment and multiplicity of financial goals, a systematic way to achieve sanity in your financial life is through a goal-oriented approach.</p>\n</div>\n\n<div class="float-left" id="mymain">\n<div class="top-desc-wrp">\n<div class="clearfix">\n<div class="description">\n<p>Goal-based investing is common in developed markets where individuals have separate <a href="https://www.hdfclife.com/savings-investment-plans" target="_blank">investment plans</a> catering to child’s college fees, retirement and so on.</p>\n\n<p>Indians need to adapt the same for a more coordinated attempt at actualizing their financial dreams of buying a house, a car, providing for child’s education, marriage, annual pilgrimage among other objectives.</p>\n\n<h2><strong>What is goal-based investing?</strong></h2>\n\n<p>Goal-based investing is about listing the three to four key financial goals an individual would like to achieve on priority.He then devises separate investment plans for each of them. Typically, these goals could include buying a house, a car, child’s education, marriage, building an emergency fund or a <a href="https://www.hdfclife.com/insurance-knowledge-centre/about-life-insurance/what-is-life-insurance/" target="_blank">life insurance plan</a>, retirement planning and so on.</p>\n\n<p>Making separate investment plans helps achieve different goals more effectively. Goals have varying time frames. For instance, an investor may want to set aside money for a house, a car, child’s education and his own retirement. Each goal has a time horizon of its own because it is unlikely he wants to achieve all the goals within the same time frame. For instance, he wants to buy a house five years later, a car within 3 years, save for child’s medical college fees ten years later and plan for his own retirement 35 years later.</p>\n\n<p>Hence this calls for preparing a financial plan dedicated for each goal with investments geared to optimize returns for the goal. Essentially this demands considerable planning and careful investment selection. For goals that are further ahead say 10 years or later, the investor can take on risk through equities. Goals with <a href="https://www.hdfclife.com/insurance-knowledge-centre/tax-saving-insurance/best-short-term-investment-options-in-2015/" target="_blank" title="Short Term Investment Options for 2015">shorter time frames</a> must have a judicious mix of equities (lower percentage) and fixed income investments (higher).</p>\n\n<p>If investors are well-versed with financial planning, they can list down their key goals and make separate investment plans for each.</p>\n\n<p>However, if they lack the time and necessary skills, they must consider engaging a competent and experienced financial advisor. After making detailed calculations for each goal based on your inputs he will go on to recommend investments for each goal. You can also have him review the plan at regular intervals and recommend changes if necessary.</p>\n\n<p> </p>\n\n<h3><strong>Similar Articles</strong></h3>\n\n<ul>\n\t<li><a href="https://www.hdfclife.com/insurance-knowledge-centre/investment-for-future-planning/tax-free-income-and-investment-options-for-2021" target="_blank">Tax Free Income & Investments in India 2021</a></li>\n\t<li><a href="https://www.hdfclife.com/insurance-knowledge-centre/investment-for-future-planning/safe-investment-options-in-india-for-2015" target="_blank">5 Safe Investment Options with High Returns for FY 2017-18</a></li>\n\t<li><a href="https://www.hdfclife.com/insurance-knowledge-centre/investment-for-future-planning/investment-plans-high-returns" target="_blank">What are the best investment plans with high returns?</a></li>\n\t<li><a href="https://www.hdfclife.com/insurance-knowledge-centre/investment-for-future-planning/reasons-why-term-insurance-is-a-smart-investment" target="_blank">Here's Why Term Insurance Is a Smart Investment</a></li>\n\t<li><a href="https://www.hdfclife.com/savings-investment-plans/financial-planning" target="_blank" title="Need of investment planning">Need of Saving and Investment Plans</a></li>\n\t<li><a href="https://www.hdfclife.com/savings-investment-plans/click-2-invest-ulip-plan" target="_blank" title="ULIP Plans by HDFC Life">HDFC Life Click2Invest ULIP Investment Plan</a></li>\n\t<li><a href="https://www.hdfclife.com/insurance-knowledge-centre/investment-for-future-planning/evaluate-risk/" target="_blank" title="How to evaluate risks before investment planning">Evaluating Risks Before Investment Planning</a></li>\n\t<li><a href="https://www.hdfclife.com/savings-investment-plans/" target="_blank" title="Savings and Investment Plans by HDFC Life">Savings and Investment Plans by HDFC Life</a></li>\n\t<li><a href="https://www.hdfclife.com/insurance-knowledge-centre/investment-for-future-planning/high-risk-investment-or-low-risk-investment-options" target="_blank" title="High Risk and Low Risk Investment Options">Low Risk vs. High Risk Investments</a></li>\n\t<li><a href="https://www.hdfclife.com/insurance-knowledge-centre/tax-saving-insurance/latest-income-tax-slab-and-deductions-fy-2017-18" target="_blank" title="Income Tax Slab 2017-18">Income Tax Rates 2017-18</a></li>\n</ul>\n\n<h3><strong>Popular Insurance Definitions:</strong></h3>\n\n<ul>\n\t<li><a href="https://www.hdfclife.com/insurance-knowledge-centre/about-life-insurance/what-is-term-insurance" target="_blank" title="Meaning and Definition of Term Insurance">What is Term Insurance?</a></li>\n\t<li><a href="https://www.hdfclife.com/insurance-knowledge-centre/about-life-insurance/what-is-health-insurance" target="_blank" title="Meaning and Definition of Health Insurance">What is Health Insurance?</a></li>\n\t<li><a href="https://www.hdfclife.com/insurance-knowledge-centre/about-life-insurance/what-is-net-asset-value" target="_blank" title="Meaning and Definition of Net Asset Value">What is Net Asset Value?</a></li>\n\t<li><a href="https://www.hdfclife.com/insurance-knowledge-centre/about-life-insurance/what-is-systematic-investment-plan" target="_blank" title="Meaning and Definition of Systematic Investment Plan">What is Systematic Investment Plan?</a></li>\n\t<li><a href="https://www.hdfclife.com/insurance-knowledge-centre/about-life-insurance/what-is-cancer-insurance" target="_blank" title="Meaning and Definition of Cancer Insurance">What is Cancer Insurance?</a></li>\n</ul>\n</div>\n</div>\n</div>\n</div>\n</div>\n</article>\n</div>\n</div>\n\n<p style="text-align: center;"><a class="nav-btn red-btn" href="https://www.hdfclife.com/insurance-knowledge-centre/investment-for-future-planning" rel="noopener" style="position: relative; color: #fff; background: #d51d25; border-radius: 2px; vertical-align: middle; font: 14px \'Source Sans Pro\'; font-weight: 600; padding: 10px 20px; margin-right: 8px; margin-left: 0;" target="_blank">Know about Investment Plans</a></p>', 'tile_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI3_RqpSuPm_tile.jpg', 'categories': ['insurance-knowledge-centre', 'investment-for-future-planning'], 'thumbnail_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI3_RqpSuPm_thumb.jpg', 'title': 'Goal Based Investment - Details and Benefits', 'excerpt': 'With a complicated investment environment and multiplicity of financial goals, a systematic way to achieve sanity in your financial life is through a goal-oriented approach.', 'tag_list': [{'text': 'Investment', 'link': '/insurance-knowledge-centre/investment-for-future-planning'}, {'text': 'Child', 'link': '/insurance-knowledge-centre/child-future-planning'}, {'text': 'Insurance Basics', 'link': '/insurance-knowledge-centre/about-life-insurance'}, {'text': 'Tax', 'link': '/insurance-knowledge-centre/tax-saving-insurance'}, {'text': 'Retirement', 'link': '/insurance-knowledge-centre/retirement-planning'}, {'text': 'Health', 'link': '/insurance-knowledge-centre/secure-your-health'}], 'category_url': '/insurance-knowledge-centre/investment-for-future-planning/', 'attributes': [{'type': 'textfield', 'data': {'slug': 'title', 'value': 'Goal Based Investing - Investment Plan | HDFC Life', 'label': 'title'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'description', 'value': 'Most Indian investors do not have a structured approach to savings and investments. Goal based investment is the right approach to save more. Read to know!', 'label': 'description'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'keywords', 'value': 'investment guide, investment planning, investment plans, goal based investing, how to do investment planning, goal based investing', 'label': 'keywords'}, 'validations': {}}, {'type': 'textarea', 'data': {'slug': 'adobe-dtm-script', 'value': '<script type="text/javascript">\n var digitalData = { \npage : {\n\'pageName\': \'HDFCLife:Knowledge Center:Investment:Investment Planning\', \n\'channel\':\'HDFCLife:Knowledge Center\', \n\'subSection2\':\'HDFCLife:Knowledge Center\',\n\'subSection3\':\'HDFCLife:Knowledge Center:Investment\',\n\'subSection4\': \'HDFCLife:Knowledge Center:Investment:Investment Planning\',\n\'userType\':\'guest/signed-in\'\n }\n};\n </script>', 'label': 'adobe dtm script'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'carousel', 'value': 'specialCarousel', 'label': 'carousel'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'plan-disclaimer', 'value': 'In Unit Linked policies, the investment risk in the investment portfolio is borne by the policyholder.', 'label': 'plan disclaimer'}, 'validations': {}}, {'type': 'textarea', 'data': {'slug': 'canonical-url', 'value': '/insurance-knowledge-centre/investment-for-future-planning/investment-planning', 'label': 'canonical url'}, 'validations': {}}], 'view_count': 8046, 'banner_image': {'url': 'https://brandsite-static.hdfclife.com/media/image/RS-SI3_RqpSuPm.jpg', 'thumbnail_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI3_RqpSuPm_thumb.jpg', 'id': 'yhBwj80TxmGIE48', 'tile_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI3_RqpSuPm_tile.jpg', 'alt': {'en': 'Five mistakes you must avoid while investing to save income tax'}, 'banner_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI3_RqpSuPm.jpg'}, 'blog_author': None}, {'publish_at': '2016-11-08T06:22:00Z', 'url': '/insurance-knowledge-centre/investment-for-future-planning/guide-to-saving-money', 'slug': 'guide-to-saving-money', 'image': {'banner': 'qNt6rPpIjMlT9tI'}, 'id': 53, 'tags': ['Investment', 'Child', 'Insurance Basics', 'Tax', 'Retirement', 'Health'], 'content': '<link href="/static/iwov-resources/css/style.css" rel="stylesheet" />\n<div class="postDesc contentPage">\n<div class="scrollBlock">\n<article class="innerBlk" id="section53">\n<div class="term-assurance">\n<div class="head-wrp float-left clearfix">\n<p class="float-left">Making money and making your money work for you are two separate things and each can be as challenging as the other. Often individuals are so caught up making money that they never get down to making it work for them.</p>\n</div>\n\n<div class="float-left" id="mymain">\n<div class="inner-plans-wrp generic">\n<p>Remember this - money has one purpose only - to work for you. When your money works for you, your dreams turn into reality. Your financial goals, be it <a href="/retirement-and-pension-plans" target="_blank" title="retirement planning">retirement planning</a>, children's education, saving for a house or a car appear a lot more achievable.</p>\n\n<p>This is 4-step guide to help you find out how to make your money work for you in the best possible ways</p>\n\n<ul class="markers mrgn-left0 pad-bottom10 mrgn-top10 list-check">\n\t<li>\n\t<h2><strong>Stick to your budget</strong></h2>\n\n\t<p>Nothing will aid you in your quest to achieve your financial goals as much as frugality or to put simply - living within your means. Buying the latest and most expensive gadget, garments, motorbikes will not only prove expensive financially, but could also cost you the ability to achieve your financial goals. A minor adjustment in your lifestyle could solve this problem - only buy what you can afford to pay and if you are paying through credit card, buy it only if you can pay the entire card bill next month. Banish debt, unless it's for an all-important purpose like buying a home and you will find there is more money to put in your retirement kitty or your child's education fund.</p>\n\t</li>\n\t<li>\n\t<h2><strong>Put some money in the bank</strong></h2>\n\n\t<p>No matter how much you earn, make it a point to set aside a portion of your salary/earnings in a savings account. There is no point working so hard if you don't have money for yourself. Put aside a fixed sum every month and consider it as a payment to yourself.</p>\n\n\t<p>It is no secret that it is more convenient to build your savings through automatic/forced deductions made directly to your savings account. This will help you achieve your financial goals a lot more easily than if you have to save an amount arbitrarily by trying a different cost-saving ruse every month.</p>\n\t</li>\n\t<li>\n\t<h2><strong>Invest your savings</strong></h2>\n\n\t<p>The money in the savings bank account ultimately needs to work for you. Invest the money in long-term investments like a savings and investment plan that will grow over time and build a corpus for retirement, your house or your child's education. Invest in <a href="/insurance-knowledge-centre/investment-for-future-planning/best-long-term-investment-options-in-2015" target="_blank" title="Best Long Term Investment Options and Plans in India">long term investments</a> because these are long-term objectives and need long-term investment solutions like equities for instance. In this way, your money works 24 hours a day, seven days a week accumulating more money with the money you already have.</p>\n\t</li>\n</ul>\n\n<p> </p>\n\n<h3><strong>Similar Articles</strong></h3>\n\n<ul>\n\t<li><a href="https://www.hdfclife.com/insurance-knowledge-centre/investment-for-future-planning/features-of-savings-insurance-plans" target="_blank">Features of Savings Insurance Plans that You Should Know</a></li>\n\t<li><a href="https://www.hdfclife.com/insurance-knowledge-centre/investment-for-future-planning/traditional-savings-vs-planned-risks" target="_blank">Traditional Savings vs. Planned Risks - What to Choose?</a></li>\n\t<li><a href="https://www.hdfclife.com/insurance-knowledge-centre/investment-for-future-planning/guaranteed-savings" target="_blank">Guaranteed Savings – The New Investment Channel</a></li>\n\t<li><a href="https://www.hdfclife.com/savings-investment-plans/financial-planning" target="_blank" title="Why do I need Savings & Investment Plans?">Why do I need Savings & Investment Plans?</a></li>\n\t<li><a href="https://www.hdfclife.com/savings-investment-plans/" target="_blank" title="List of Savings & Investment Plans">List of Savings & Investment Plans</a></li>\n\t<li><a href="https://www.hdfclife.com/insurance-knowledge-centre/investment-for-future-planning/portfolio-risk" target="_blank" title="How to manage risk in your portfolio?">How to manage risk in your portfolio?</a></li>\n\t<li><a href="https://www.hdfclife.com/insurance-knowledge-centre/about-life-insurance/how-to-secure-family-future" target="_blank" title="Securing Family Future with Life Insurance">How to Secure Family Future</a></li>\n\t<li><a href="https://www.hdfclife.com/insurance-knowledge-centre/about-life-insurance/how-to-choose-right-plan" target="_blank" title="Choosing the Best Life Insurance Policy">How to Choose the Best Life Insurance Policy</a></li>\n\t<li><a href="https://www.hdfclife.com/insurance-knowledge-centre/retirement-planning/inflation-impact-on-savings/" target="_blank" title="Impact of Inflation on Savings">Impact of Inflation on Savings</a></li>\n\t<li><a href="https://www.hdfclife.com/insurance-knowledge-centre/investment-for-future-planning/" target="_blank" title="Investment for Future Planning">Investment for Future Planning</a></li>\n\t<li><a href="https://www.hdfclife.com/insurance-knowledge-centre/investment-for-future-planning/income-protection/" target="_blank" title="How to Safeguard Money">Tips to Save Money</a></li>\n\t<li><a href="http://blog.hdfclife.com/early-financial-planning-532250" target="_blank" title="Early Financial Planning">Benefits of Early Financial Planning for Parents</a></li>\n\t<li><a href="http://blog.hdfclife.com/5-steps-to-successful-financial-planning-for-urban-women-532180" target="_blank" title="Financial Planning for Women">Successful Financial Planning for Women</a></li>\n\t<li><a href="https://www.hdfclife.com/insurance-knowledge-centre/tax-saving-insurance/latest-income-tax-slab-and-deductions-fy-2017-18" target="_blank" title="Income Tax Slabs 2017-18">Income Tax Rates 2017</a></li>\n</ul>\n</div>\n</div>\n</div>\n</article>\n</div>\n</div>\n\n<p style="text-align: center;"><a class="nav-btn red-btn" href="https://www.hdfclife.com/savings-plans/sanchay-plus" rel="noopener" style="position: relative; color: #fff; background: #d51d25; border-radius: 2px; vertical-align: middle; font: 14px \'Source Sans Pro\'; font-weight: 600; padding: 10px 20px; margin-right: 8px; margin-left: 0;" target="_blank">View Savings Plan Here</a></p>', 'tile_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI1_uoPXySj_tile.jpg', 'categories': ['insurance-knowledge-centre', 'investment-for-future-planning'], 'thumbnail_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI1_uoPXySj_thumb.jpg', 'title': 'Guide to Save Money in the Right Way', 'excerpt': 'Making money and making your money work for you are two separate things and each can be as challenging as the other. Often individuals are so caught up making money that they never get down to making it work for them.', 'tag_list': [{'text': 'Investment', 'link': '/insurance-knowledge-centre/investment-for-future-planning'}, {'text': 'Child', 'link': '/insurance-knowledge-centre/child-future-planning'}, {'text': 'Insurance Basics', 'link': '/insurance-knowledge-centre/about-life-insurance'}, {'text': 'Tax', 'link': '/insurance-knowledge-centre/tax-saving-insurance'}, {'text': 'Retirement', 'link': '/insurance-knowledge-centre/retirement-planning'}, {'text': 'Health', 'link': '/insurance-knowledge-centre/secure-your-health'}], 'category_url': '/insurance-knowledge-centre/investment-for-future-planning/', 'attributes': [{'type': 'textfield', 'data': {'slug': 'title', 'value': 'Complete Guide to Saving Money in Smart Way | HDFC Life', 'label': 'title'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'description', 'value': "Saving money isn't as complicated as it appears. Here is a step-by-step guide for you to help you save money in an efficient way. Read to know more details!", 'label': 'description'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'keywords', 'value': 'how to make money work fr you, how to put your money to work for you, money saving options', 'label': 'keywords'}, 'validations': {}}, {'type': 'textarea', 'data': {'slug': 'adobe-dtm-script', 'value': '<script type="text/javascript">\n var digitalData = { \npage : {\n\'pageName\': \'HDFCLife:Knowledge Center:Investment:My Money Works For Me\', \n\'channel\':\'HDFCLife:Knowledge Center\', \n\'subSection2\':\'HDFCLife:Knowledge Center\',\n\'subSection3\':\'HDFCLife:Knowledge Center:Investment\',\n\'subSection4\': \'HDFCLife:Knowledge Center:Investment:My Money Works For Me\',\n\'userType\':\'guest/signed-in\'\n }\n};\n </script>', 'label': 'adobe dtm script'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'carousel', 'value': 'specialCarousel', 'label': 'carousel'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'plan-disclaimer', 'value': 'In Unit Linked policies, the investment risk in the investment portfolio is borne by the policyholder.', 'label': 'plan disclaimer'}, 'validations': {}}, {'type': 'textarea', 'data': {'slug': 'canonical-url', 'value': '/insurance-knowledge-centre/investment-for-future-planning/my-money-works-for-me/', 'label': 'canonical url'}, 'validations': {}}], 'view_count': 1667, 'banner_image': {'url': 'https://brandsite-static.hdfclife.com/media/image/RS-SI1_uoPXySj.jpg', 'thumbnail_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI1_uoPXySj_thumb.jpg', 'id': 'qNt6rPpIjMlT9tI', 'tile_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI1_uoPXySj_tile.jpg', 'alt': {'en': 'Long Term Investment Options'}, 'banner_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI1_uoPXySj.jpg'}, 'blog_author': None}, {'publish_at': '2016-11-08T06:25:00Z', 'url': '/insurance-knowledge-centre/investment-for-future-planning/portfolio-risk', 'slug': 'portfolio-risk', 'image': {'banner': 'oxmyuiqOpsWCwk8'}, 'id': 55, 'tags': ['Investment', 'Child', 'Insurance Basics', 'Tax', 'Retirement', 'Health'], 'content': '<link href="/static/iwov-resources/css/style.css" rel="stylesheet" />\n<div class="postDesc contentPage">\n<div class="scrollBlock">\n<article class="innerBlk" id="section55">\n<div class="term-assurance">\n<div class="head-wrp float-left clearfix">\n<p class="float-left">A lot of investors take financial decisions with little or no thought towards whether the investment will help them achieve their investment objectives or is in harmony with their risk appetite.</p>\n</div>\n\n<div class="float-left" id="mymain">\n<div class="top-desc-wrp">\n<div class="rating-wrp" style="display:none">\n<div class="IconRating">\n<div class="IconRatingSummaryText">\n<p>Rated </p>\n\n<p class="IconRatingAverageRatingValueText">3.25</p>\n\n<p>/5 (</p>\n\n<p class="IconRatingCountValueText">106</p>\n\n<p> Votes)</p>\n</div>\n\n<div class="IconRatingInnerContainer">\n<p class="IconRatingSelector"> </p>\n</div>\n</div>\n\n<p><script language="JavaScript">\r\nvar rc = new IconRatingSelector(\'C_1374164394498\', \'/iwov-resources/image/index/star-on.png\', \'/iwov-resources/image/index/star-off.png\', \'/iwov-resources/image/index/star-on.png\', \'/iwov-resources/image/index/star-off.png\', \'/hdfclifeprod/insurancemanager/manage_risk_portfolio/1374164394498.ajax?=\');\r\n\r\nrc.setEnabled(true);\r\n </script></p>\n</div>\n</div>\n\n<div class="inner-plans-wrp generic ">\n<p>Risk is the detail that attracts least attention from investors. This is even more ironic when we consider that misplaced risky investment bets are often the cause behind the downfall of many a portfolio.</p>\n\n<ul class="markers mrgn-left0 pad-bottom10 mrgn-top10 list-check">\n\t<li>\n\t<h3><strong>What is risk?</strong></h3>\n\n\t<p>fPut simply, risk is the amount of money an investor can afford to lose in his quest to clock a certain return on investment. If the investor can withstand significant loss on his original investment this risk appetite is high. Another trait of such an investor is the ability to endure sharp fluctuations in his portfolio. Conversely, if the investor cannot withstand sharp fluctuation in his portfolio or cannot afford to lose money on his original investment, his risk appetite is moderate to low.</p>\n\t</li>\n\t<li>\n\t<h3><strong>Why risk must be considered while investing?</strong></h3>\n\n\t<p>While evaluating an investment it is important to gauge the risk along with the probable return as risk and return are two sides of the same coin.</p>\n\t</li>\n\t<li>\n\t<h3><strong>How to manage risk?</strong></h3>\n\n\t<p>Your risk appetite must dictate your choice of investments. If you have a high risk appetite then high risk investments like a unit-linked plan with high equity exposure could be ideal for you. On the other hand an investor with low to medium risk appetite can consider a  <a href="https://www.hdfclife.com/savings-investment-plans/click-2-invest-ulip-plan" target="_blank">unit-linked plan </a>(<a href="/insurance-knowledge-centre/about-life-insurance/what-is-ulip-plans/" target="_blank" title="What is ULIP?">ULIP</a>) with lower equity component or opt for an <a href="https://www.hdfclife.com/insurance-knowledge-centre/investment-for-future-planning/tips-to-buy-endowment-policy" target="_blank" title="endowment plan">endowment plan</a> for the relatively low risk.</p>\n\t</li>\n</ul>\n\n<p> </p>\n\n<h3><strong>Similar Articles</strong></h3>\n\n<ul>\n\t<li><a href="/insurance-knowledge-centre/about-life-insurance/type-of-insurance" target="_blank" title="Types of Life Insurance Policies">Types of Life Insurance Policies</a></li>\n\t<li><a href="https://onlineinsurance.hdfclife.com/?source=W_TC_HP_LHS_EFU" target="_blank" title="Buy Online Investment Plans">Buy Online Investment Plans</a></li>\n\t<li><a href="/insurance-knowledge-centre/investment-for-future-planning/my-money-works-for-me" target="_blank" title="How to make your money work for you?">How to make your money work for you?</a></li>\n\t<li><a href="/savings-investment-plans/click-2-invest-ulip-plan" target="_blank" title="Buy HDFC Life Click2Invest - ULIP Plan Online">Buy HDFC Life Click2Invest - ULIP Plan Online</a></li>\n\t<li><a href="/insurance-knowledge-centre/about-life-insurance/how-to-secure-family-future" target="_blank" title="Securing Family Future with Life Insurance">How to Secure Family Future</a></li>\n\t<li><a href="/insurance-knowledge-centre/about-life-insurance/how-to-choose-right-plan" target="_blank" title="Choosing the Best Life Insurance Policy">How to Choose the Best Life Insurance Policy</a></li>\n\t<li><a href="/insurance-knowledge-centre/retirement-planning/inflation-impact-on-savings/" target="_blank" title="Impact of Inflation on Savings">Impact of Inflation on Savings</a></li>\n\t<li><a href="/insurance-knowledge-centre/investment-for-future-planning/" target="_blank" title="Investment for Future Planning">Investment for Future Planning</a></li>\n\t<li><a href="/insurance-knowledge-centre/investment-for-future-planning/income-protection/" target="_blank" title="How to Safeguard Money">Tips to Save Money</a></li>\n\t<li><a href="http://blog.hdfclife.com/early-financial-planning-532250" target="_blank" title="Early Financial Planning">Benefits of Early Financial Planning for Parents</a></li>\n\t<li><a href="http://blog.hdfclife.com/5-steps-to-successful-financial-planning-for-urban-women-532180" target="_blank" title="Financial Planning for Women">Successful Financial Planning for Women</a></li>\n\t<li><a href="/insurance-knowledge-centre/tax-saving-insurance/latest-income-tax-slab-and-deductions-fy-2017-18/" target="_blank" title="Income Tax Slab 2017 18">Income Tax Rate For AY 2018-19</a></li>\n</ul>\n</div>\n</div>\n</div>\n</article>\n</div>\n</div>', 'tile_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI5_hiq8Kmr_tile.jpg', 'categories': ['insurance-knowledge-centre', 'investment-for-future-planning'], 'thumbnail_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI5_hiq8Kmr_thumb.jpg', 'title': 'How to manage risk in your investment portfolio?', 'excerpt': 'A lot of investors take financial decisions with little or no thought towards whether the investment will help them achieve their investment objectives or is in harmony with their risk appetite.', 'tag_list': [{'text': 'Investment', 'link': '/insurance-knowledge-centre/investment-for-future-planning'}, {'text': 'Child', 'link': '/insurance-knowledge-centre/child-future-planning'}, {'text': 'Insurance Basics', 'link': '/insurance-knowledge-centre/about-life-insurance'}, {'text': 'Tax', 'link': '/insurance-knowledge-centre/tax-saving-insurance'}, {'text': 'Retirement', 'link': '/insurance-knowledge-centre/retirement-planning'}, {'text': 'Health', 'link': '/insurance-knowledge-centre/secure-your-health'}], 'category_url': '/insurance-knowledge-centre/investment-for-future-planning/', 'attributes': [{'type': 'textfield', 'data': {'slug': 'title', 'value': 'Portfolio Risk - How to Measure & Manage Risk in Investment Portfolio | HDFC Life', 'label': 'title'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'description', 'value': 'What is portfolio risk management? Understand what is portfolio risk and how proper portfolio risk management can help minimize risks in times of an uncertain economy. To know more, Visit now !', 'label': 'description'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'keywords', 'value': 'portfolio risk, portfolio risk management, how to manage risks in your investment portfolio, managing risks to your portfolio', 'label': 'keywords'}, 'validations': {}}, {'type': 'textarea', 'data': {'slug': 'adobe-dtm-script', 'value': '<script type="text/javascript">\n var digitalData = { \npage : {\n\'pageName\': \'HDFCLife:Knowledge Center:Investment:Portfolio Risk\', \n\'channel\':\'HDFCLife:Knowledge Center\', \n\'subSection2\':\'HDFCLife:Knowledge Center\',\n\'subSection3\':\'HDFCLife:Knowledge Center:Investment\',\n\'subSection4\': \'HDFCLife:Knowledge Center:Investment:Portfolio Risk\',\n\'userType\':\'guest/signed-in\'\n }\n};\n </script>', 'label': 'adobe dtm script'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'carousel', 'value': 'specialCarousel', 'label': 'carousel'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'plan-disclaimer', 'value': 'In Unit Linked policies, the investment risk in the investment portfolio is borne by the policyholder.', 'label': 'plan disclaimer'}, 'validations': {}}, {'type': 'textarea', 'data': {'slug': 'canonical-url', 'value': '/insurance-knowledge-centre/investment-for-future-planning/portfolio-risk', 'label': 'canonical url'}, 'validations': {}}], 'view_count': 4829, 'banner_image': {'url': 'https://brandsite-static.hdfclife.com/media/image/RS-SI5_hiq8Kmr.jpg', 'thumbnail_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI5_hiq8Kmr_thumb.jpg', 'id': 'oxmyuiqOpsWCwk8', 'tile_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI5_hiq8Kmr_tile.jpg', 'alt': {'en': 'Power of Compounding'}, 'banner_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI5_hiq8Kmr.jpg'}, 'blog_author': None}, {'publish_at': '2018-04-04T19:33:00Z', 'url': '/insurance-knowledge-centre/investment-for-future-planning/power-of-compounding', 'slug': 'power-of-compounding', 'image': {'banner': 'oxmyuiqOpsWCwk8'}, 'id': 46, 'tags': ['Investment', 'Child', 'Insurance Basics', 'Tax', 'Retirement', 'Health'], 'content': '<link href="/static/iwov-resources/css/style.css" rel="stylesheet" />\n<div class="postDesc contentPage">\n<div class="scrollBlock">\n<article class="innerBlk" id="section52">\n<div class="term-assurance">\n<div class="head-wrp float-left clearfix">\n<p class="float-left">If the investor is looking for an ally to help him amass serious wealth over time, he need look no further than compounding or rather the power of compounding.</p>\n\n<p class="float-left">Compounding is a great way to build wealth so long as you have time. Simply put compounding is earning a return on return. So the more time you have at your disposal the more likely you are to end up richer. Successful investment planning is all about making the most of compounding by getting time on your side.</p>\n\n<p class="float-left">This is what Seeta learnt the hard way.</p>\n</div>\n\n<div class="float-left" id="mymain">\n<div class="inner-plans-wrp generic ">\n<p>Seeta, the happy go-lucky one, is in her first job. She earns a monthly take home of Rs 30,000. She doesn’t save much, splurging most of her salary on outings, movies and shopping.</p>\n\n<p>Her colleague Geeta is the more conservative one, aiming at saving as much as possible. Also earning a salary of Rs 30,000, Geeta manages to set aside 10% of her salary (Rs 3,000) every month towards an investment plan. She continues at it for a period of 30 years.</p>\n\n<p>Geeta’s zeal for saving money is quite infectious and wins over Seeta. After frittering away her salary over aimless consumption, Seeta finally sees the light. Following Geeta’s footsteps, she also saves Rs 3,000 every month towards an investment plan. She begins saving 10 years later than Geeta, which means she gets 20 years</p>\n\n<p><strong>Seeta and Geeta – Round I</strong></p>\n\n<table border="1" style="border-color: #000; background-color: #fff;" width="510">\n\t<tbody>\n\t\t<tr>\n\t\t\t<td width="315">\n\t\t\t<p> </p>\n\t\t\t</td>\n\t\t\t<td width="94">\n\t\t\t<p><strong>Geeta</strong></p>\n\t\t\t</td>\n\t\t\t<td width="102">\n\t\t\t<p><strong>Seeta</strong></p>\n\t\t\t</td>\n\t\t</tr>\n\t\t<tr>\n\t\t\t<td width="315">\n\t\t\t<p>Monthly SIP (Rs)</p>\n\t\t\t</td>\n\t\t\t<td width="94">\n\t\t\t<p>3,000</p>\n\t\t\t</td>\n\t\t\t<td width="102">\n\t\t\t<p> 3,000</p>\n\t\t\t</td>\n\t\t</tr>\n\t\t<tr>\n\t\t\t<td width="315">\n\t\t\t<p>Assumed rate of return (CAGR)</p>\n\t\t\t</td>\n\t\t\t<td width="94">\n\t\t\t<p>12%</p>\n\t\t\t</td>\n\t\t\t<td width="102">\n\t\t\t<p>12%</p>\n\t\t\t</td>\n\t\t</tr>\n\t\t<tr>\n\t\t\t<td width="315">\n\t\t\t<p>Investment period (months)</p>\n\t\t\t</td>\n\t\t\t<td width="94">\n\t\t\t<p>360</p>\n\t\t\t</td>\n\t\t\t<td width="102">\n\t\t\t<p>40</p>\n\t\t\t</td>\n\t\t</tr>\n\t\t<tr>\n\t\t\t<td width="315">\n\t\t\t<p>Value of investment at end of tenure (Rs)</p>\n\t\t\t</td>\n\t\t\t<td width="94">\n\t\t\t<p><strong>10,484,892 </strong></p>\n\t\t\t</td>\n\t\t\t<td width="102">\n\t\t\t<p><strong>2,967,766 </strong></p>\n\t\t\t</td>\n\t\t</tr>\n\t\t<tr>\n\t\t\t<td width="315">\n\t\t\t<p><strong>The mistake of starting later has cost Seeta (Rs)</strong></p>\n\t\t\t</td>\n\t\t\t<td width="94">\n\t\t\t<p><strong> </strong></p>\n\t\t\t</td>\n\t\t\t<td width="102">\n\t\t\t<p><strong>7,517,126 </strong></p>\n\t\t\t</td>\n\t\t</tr>\n\t</tbody>\n</table>\n\n<p>Clearly, Seeta lags her colleague a great deal at the end of the investment time frame. To be precise she is behind Geeta by over Rs 75 lakhs!</p>\n\n<p><strong>What if Seeta had to play catch up with more money? </strong></p>\n\n<p>Seeta believes that if she doubles or triples her monthly investments, she can catch up easily with Geeta.</p>\n\n<p>Let’s see if Seeta can catch up by tripling her monthly investment to Rs 9,000 a month.</p>\n\n<p><strong>Seeta and Geeta – Round II</strong></p>\n\n<table border="1" style="border-color: #000; background-color: #fff;" width="471">\n\t<tbody>\n\t\t<tr>\n\t\t\t<td width="315">\n\t\t\t<p> </p>\n\t\t\t</td>\n\t\t\t<td width="81">\n\t\t\t<p><strong>Geeta</strong></p>\n\t\t\t</td>\n\t\t\t<td width="75">\n\t\t\t<p><strong>Seeta</strong></p>\n\t\t\t</td>\n\t\t</tr>\n\t\t<tr>\n\t\t\t<td width="315">\n\t\t\t<p>Monthly SIP (Rs)</p>\n\t\t\t</td>\n\t\t\t<td width="81">\n\t\t\t<p>3,000</p>\n\t\t\t</td>\n\t\t\t<td width="75">\n\t\t\t<p>9,000</p>\n\t\t\t</td>\n\t\t</tr>\n\t\t<tr>\n\t\t\t<td width="315">\n\t\t\t<p>Assumed rate of return (CAGR)</p>\n\t\t\t</td>\n\t\t\t<td width="81">\n\t\t\t<p>12%</p>\n\t\t\t</td>\n\t\t\t<td width="75">\n\t\t\t<p>12%</p>\n\t\t\t</td>\n\t\t</tr>\n\t\t<tr>\n\t\t\t<td width="315">\n\t\t\t<p>Investment period (months)</p>\n\t\t\t</td>\n\t\t\t<td width="81">\n\t\t\t<p>360</p>\n\t\t\t</td>\n\t\t\t<td width="75">\n\t\t\t<p>240</p>\n\t\t\t</td>\n\t\t</tr>\n\t\t<tr>\n\t\t\t<td width="315">\n\t\t\t<p>Value of investment at end of tenure (Rs)</p>\n\t\t\t</td>\n\t\t\t<td width="81">\n\t\t\t<p><strong>10,484,892 </strong></p>\n\t\t\t</td>\n\t\t\t<td width="75">\n\t\t\t<p><strong>8,903,298 </strong></p>\n\t\t\t</td>\n\t\t</tr>\n\t\t<tr>\n\t\t\t<td width="315">\n\t\t\t<p><strong>The mistake of starting later has cost Seeta (Rs)</strong></p>\n\t\t\t</td>\n\t\t\t<td width="81">\n\t\t\t<p><strong> </strong></p>\n\t\t\t</td>\n\t\t\t<td width="75">\n\t\t\t<p><strong>1,581,594 </strong></p>\n\t\t\t</td>\n\t\t</tr>\n\t</tbody>\n</table>\n\n<p><strong> </strong></p>\n\n<p>The bad news for Seeta is that even after tripling her monthly investments to Rs 9,000 from Rs 3,000 earlier, she fails to catch up with Geeta. She is short by more than Rs 15 lakhs in Round II.</p>\n\n<p><strong>Time is a friend and a foe</strong></p>\n\n<p>The biggest takeaway from the Seeta vs Geeta episode is the importance of time. A delay of a few years can set you back considerably. Power of compounding works best when you give it time. Time makes it even more powerful so to speak.</p>\n\n<p>In our illustration even if Seeta was five years later than Geeta she would have been short by over Rs 48 lakhs at the end of the investment period.</p>\n\n<p>Had she been only three years late, she would have been short by over Rs 32 lakhs.</p>\n\n<p>Had she been only two years late, she would have been short by over Rs 22 lakhs.</p>\n\n<p>Had she been only a year late, she would have been short by over Rs 12 lakhs.</p>\n\n<p>It must be clear by now the importance of time in reaping the benefits of <a href="/savings-investment-plans/financial-planning" target="_blank" title="Investment Planning Guide by HDFC Life">investment planning</a>.</p>\n\n<p>Some investments that help you make the most of the power of compounding include life insurance, mutual funds or even the humble fixed deposit. You need an <a href="https://www.hdfclife.com/insurance-knowledge-centre/about-life-insurance/investment-plans-comparison" target="_blank" title="Savings & Investment Plan by HDFC Life">investment plan</a> that includes all these in varying proportions based on your risk profile and objectives.</p>\n\n<p> </p>\n\n<h3><strong>Similar Articles</strong></h3>\n\n<ul>\n\t<li><a href="/insurance-knowledge-centre/investment-for-future-planning/income-protection/" target="_blank" title="Money Saving Options">Learn How To Save Money</a></li>\n\t<li><a href="/insurance-knowledge-centre/investment-for-future-planning/my-money-works-for-me/" target="_blank" title="Tips For Building Wealth By HDFC Life">How To Make Money Work For You?</a></li>\n\t<li><a href="/nri-insurance-plans" target="_blank" title="NRI Insurance">NRI Life Insurance</a></li>\n\t<li><a href="/insurance-knowledge-centre/about-life-insurance/money-back-plans-comparison" target="_blank">Money Back Plans Comparison</a></li>\n\t<li><a href="/insurance-knowledge-centre/tax-saving-insurance/latest-income-tax-slab-and-deductions-fy-2017-18" target="_blank" title="Tax Slab For FY 2017-18">Income Tax Rate 2017-18</a></li>\n</ul>\n</div>\n</div>\n</div>\n</article>\n</div>\n</div>', 'tile_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI5_hiq8Kmr_tile.jpg', 'categories': ['insurance-knowledge-centre', 'investment-for-future-planning'], 'thumbnail_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI5_hiq8Kmr_thumb.jpg', 'title': 'Power Of Compounding And Early Investing', 'excerpt': 'Compounding is a great way to build wealth by earning a return on return. HDFC Life helps you get a glimpse of the power of compounding in your investments. Read more about the power of compounding before you plan your next investment to reap maximum benefits.', 'tag_list': [{'text': 'Investment', 'link': '/insurance-knowledge-centre/investment-for-future-planning'}, {'text': 'Child', 'link': '/insurance-knowledge-centre/child-future-planning'}, {'text': 'Insurance Basics', 'link': '/insurance-knowledge-centre/about-life-insurance'}, {'text': 'Tax', 'link': '/insurance-knowledge-centre/tax-saving-insurance'}, {'text': 'Retirement', 'link': '/insurance-knowledge-centre/retirement-planning'}, {'text': 'Health', 'link': '/insurance-knowledge-centre/secure-your-health'}], 'category_url': '/insurance-knowledge-centre/investment-for-future-planning/', 'attributes': [{'type': 'textfield', 'data': {'slug': 'title', 'value': 'Understand the Power of Compounding: Why To Start Investing Early | HDFC Life', 'label': 'title'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'description', 'value': 'Compounding is a great way to build wealth by earning a return on return. HDFC Life helps you get a glimpse of the power of compounding in your investments. To more about, Visit Now !', 'label': 'description'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'keywords', 'value': 'power of compounding, life insurance, investment planning, power of compound, power of compounding calculator', 'label': 'keywords'}, 'validations': {}}, {'type': 'textarea', 'data': {'slug': 'adobe-dtm-script', 'value': '<script type="text/javascript">\n var digitalData = { \npage : {\n\'pageName\': \'HDFCLife:Knowledge Center:Investment:Power of Compounding\', \n\'channel\':\'HDFCLife:Knowledge Center\', \n\'subSection2\':\'HDFCLife:Knowledge Center\',\n\'subSection3\':\'HDFCLife:Knowledge Center:Investment\',\n\'subSection4\': \'HDFCLife:Knowledge Center:Investment:Power of Compounding\',\n\'userType\':\'guest/signed-in\'\n }\n};\n </script>', 'label': 'adobe dtm script'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'carousel', 'value': 'specialCarousel', 'label': 'carousel'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'plan-disclaimer', 'value': 'In Unit Linked policies, the investment risk in the investment portfolio is borne by the policyholder.', 'label': 'plan disclaimer'}, 'validations': {}}, {'type': 'textarea', 'data': {'slug': 'canonical-url', 'value': '/insurance-knowledge-centre/investment-for-future-planning/power-of-compounding', 'label': 'canonical url'}, 'validations': {}}], 'view_count': 9332, 'banner_image': {'url': 'https://brandsite-static.hdfclife.com/media/image/RS-SI5_hiq8Kmr.jpg', 'thumbnail_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI5_hiq8Kmr_thumb.jpg', 'id': 'oxmyuiqOpsWCwk8', 'tile_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI5_hiq8Kmr_tile.jpg', 'alt': {'en': 'Power of Compounding'}, 'banner_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI5_hiq8Kmr.jpg'}, 'blog_author': None}, {'publish_at': '2016-11-09T04:47:00Z', 'url': '/insurance-knowledge-centre/investment-for-future-planning/right-insurance-plan', 'slug': 'right-insurance-plan', 'image': {'banner': 'k3VX8j3I1KMnM54'}, 'id': 58, 'tags': ['Investment', 'Child', 'Insurance Basics', 'Tax', 'Retirement', 'Health'], 'content': '<link href="/static/iwov-resources/css/style.css" rel="stylesheet" />\n<div class="postDesc contentPage">\n<div class="scrollBlock">\n<article class="innerBlk" id="section52">\n<div class="term-assurance">\n<div class="head-wrp float-left clearfix">\n<p class="float-left">Once you have identified the need to take life insurance you should know about getting some basic steps right to select the right insurance policy.\u200b</p>\n</div>\n\n<div class="float-left" id="mymain">\n<div class="inner-plans-wrp generic ">\n<h3><strong>Select the right insurance plan in 3 easy steps</strong></h3>\n\n<ul class="markers mrgn-left0 pad-bottom10 mrgn-top10 list-check">\n\t<li><strong>Engage an insurance advisor</strong>\n\n\t<p>While this may seem trivial, engaging a reliable and competent insurance advisor at the initial stage in your quest for <a href="/" target="_blank">life insurance</a> is critical. Most individuals are not capacitated to take a decision by themselves and need the expertise of an insurance advisor.</p>\n\t</li>\n\t<li><strong>Calculate the life cover</strong>\n\t<p>The insurance advisor will help you calculate the amount of life cover – or the sum assured. He will assess sources of your income, number of your dependents, your debts and liabilities and your expenses based on your lifestyle and arrive at a life cover. He will also decide the best plan, be it a <a href="/term-insurance-plans/need-for-protection-plan" target="_blank">term plan</a>, endowment plan, unit-link plan or a combination of plans, to help provide you with an optimum life cover.</p>\n\n\t<p>Likewise, if you have other needs like planning for your child’s education or marriage, pension for your retirement, a woman’s insurance plan for women, trust your advisor to do the math and come up with an ideal solution.</p>\n\t</li>\n\t<li><strong>Compare insurance plans</strong>\n\t<p>Since there are many insurance companies in the market offering a variety of plans, you need to be sure you select the most suitable one. The insurance advisor will do the <a href="https://www.hdfclife.com/insurance-knowledge-centre/about-life-insurance/health-insurance-comparison" target="_blank">comparing plans</a> from various insurers across relevant parameters recommending the most apt plan based on your needs.</p>\n\t</li>\n</ul>\n\n<p> </p>\n\n<h3><strong>Similar Articles</strong></h3>\n\n<ul>\n\t<li><a href="/savings-investment-plans/financial-planning" target="_blank" title="Why do I need Savings & Investment Plans?">Why do I need Savings & Investment Plans?</a></li>\n\t<li><a href="/insurance-knowledge-centre/investment-for-future-planning/income-protection" target="_blank" title="How to safeguard your earnings?">How to safeguard your earnings?</a></li>\n\t<li><a href="https://onlineinsurance.hdfclife.com/" target="_blank" title="Buy Online Investment Plans">Buy Online Investment Plans</a></li>\n\t<li><a href="http://blog.hdfclife.com/financial-awareness-a-pre-requisite-for-financial-planning-532120" target="_blank" title="Financial Awareness: A Pre-requisite for Financial Planning">Financial Awareness: A Pre-requisite for Financial Planning</a></li>\n</ul>\n</div>\n</div>\n</div>\n</article>\n</div>\n</div>', 'tile_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI4_mfCALGe_tile.jpg', 'categories': ['insurance-knowledge-centre', 'investment-for-future-planning'], 'thumbnail_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI4_mfCALGe_thumb.jpg', 'title': 'How do I choose the right investment plan ?', 'excerpt': 'Once you have identified the need to take life insurance you should know about getting some basic steps right to select the right insurance policy.Select the right insurance plan in 3 easy steps:- 1)Engage an insurance advisor , 2) Calculate the life cover, 3) Compare insurance plans', 'tag_list': [{'text': 'Investment', 'link': '/insurance-knowledge-centre/investment-for-future-planning'}, {'text': 'Child', 'link': '/insurance-knowledge-centre/child-future-planning'}, {'text': 'Insurance Basics', 'link': '/insurance-knowledge-centre/about-life-insurance'}, {'text': 'Tax', 'link': '/insurance-knowledge-centre/tax-saving-insurance'}, {'text': 'Retirement', 'link': '/insurance-knowledge-centre/retirement-planning'}, {'text': 'Health', 'link': '/insurance-knowledge-centre/secure-your-health'}], 'category_url': '/insurance-knowledge-centre/investment-for-future-planning/', 'attributes': [{'type': 'textfield', 'data': {'slug': 'title', 'value': 'Step by Step Guide On How to Choose Right Investment Plan | HDFC Life', 'label': 'title'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'description', 'value': 'Once you have identified the need to take life insurance you should know about getting some basic steps to select the right insurance policy.\u200b To know step by step guide on investment plan, visit now', 'label': 'description'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'keywords', 'value': 'investment plan, investment option, step to choose investment plan', 'label': 'keywords'}, 'validations': {}}, {'type': 'textarea', 'data': {'slug': 'adobe-dtm-script', 'value': '<script type="text/javascript">\n var digitalData = { \npage : {\n\'pageName\': \'HDFCLife:Knowledge Center:Investment:Right Insurance Plan\', \n\'channel\':\'HDFCLife:Knowledge Center\', \n\'subSection2\':\'HDFCLife:Knowledge Center\',\n\'subSection3\':\'HDFCLife:Knowledge Center:Investment\',\n\'subSection4\': \'HDFCLife:Knowledge Center:Investment:Right Insurance Plan\',\n\'userType\':\'guest/signed-in\'\n }\n};\n </script>', 'label': 'adobe dtm script'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'carousel', 'value': 'specialCarousel', 'label': 'carousel'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'plan-disclaimer', 'value': 'In Unit Linked policies, the investment risk in the investment portfolio is borne by the policyholder.', 'label': 'plan disclaimer'}, 'validations': {}}, {'type': 'textarea', 'data': {'slug': 'canonical-url', 'value': '/insurance-knowledge-centre/investment-for-future-planning/right-insurance-plan', 'label': 'canonical url'}, 'validations': {}}], 'view_count': 1450, 'banner_image': {'url': 'https://brandsite-static.hdfclife.com/media/image/RS-SI4_mfCALGe.jpg', 'thumbnail_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI4_mfCALGe_thumb.jpg', 'id': 'k3VX8j3I1KMnM54', 'tile_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI4_mfCALGe_tile.jpg', 'alt': {'en': 'Investment Plans'}, 'banner_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI4_mfCALGe.jpg'}, 'blog_author': None}, {'publish_at': '2016-11-09T04:52:00Z', 'url': '/insurance-knowledge-centre/investment-for-future-planning/types-of-online-frauds', 'slug': 'types-of-online-frauds', 'image': {'banner': 'oxmyuiqOpsWCwk8'}, 'id': 51, 'tags': ['Investment', 'Child', 'Insurance Basics', 'Tax', 'Retirement', 'Health'], 'content': '<link href="/static/iwov-resources/css/style.css" rel="stylesheet"/>\n<p>As if there weren’t enough offline frauds to be worried about, individuals are also burdened with saving their finances from online fraudsters.</p>\n<p>There are all types of online frauds – some are harmless hoaxes where some faceless wise guy wants to have a laugh at your expense. Some frauds are decidedly sinister where someone wants to have a laugh along with a share of your wallet.</p>\n<p>While there are all kinds of online frauds in India and globally, let us look at the ones that are particularly relevant to your money.</p>\n<p><strong>1. Phishing</strong></p>\n<p>How many times have you received an email that looks frighteningly similar to the ones you receive from your bank, insurance company or an online shopping website?</p>\n<p>More popular as ‘phishing’, the fraudster aims at replicating the email and the company website to deceive the user into thinking that it is a genuine communication from the bank requesting for your personal information like bank account number or credit card number or PIN (personal identification number) on the reverse of your debit / credit card.</p>\n<p>One easy giveaway is the website address or URL which will be close to the real company name but not its exact name. For instance, it could be www.hdfcliife.com instead of www.hdfclife.com. It looks similar at first, but it’s not the same.</p>\n<p><strong>2. Friend in distress</strong></p>\n<p>How often have you received an email from a friend who when you last knew was in top condition, but is now surprisingly stranded in an African country or some remote part of the earth reaching out to you urgently for monetary help?</p>\n<p>The good news is your friend is not stranded in some remote corner of the world. The bad news is that his email account has been hacked and all his contacts have received the aforementioned email. So ignore the email and warn your common friends about it so they don’t fall prey to it.</p>\n<p><strong>3. Lottery</strong></p>\n<p>Have you ever received an email informing you of how lucky you are to win an exclusive lottery out of a few lakh individuals?</p>\n<p>You would have been just as surprised to learn about the ‘fee’ to be paid before collecting the lottery winnings. The email will make that clear - no fee, no money.</p>\n<p>If you haven’t or couldn’t pay the fee, consider yourself lucky, because there is no money to be collected. It is a scam. Anyone who offers you lottery winnings and it looks too good to be true; then it probably is. And if he wants to collect a fee running in lakhs before parting with the lottery proceeds, then it has scam written all over it in capital letters.</p>\n<p><strong>4. Auctions</strong></p>\n<p>Buying and selling goods through internet auction sites is very common today helping individuals further their business or serve as a pastime in the least.</p>\n<p>However, not everyone on an auction site is there with unquestionable motives. Some have an agenda and it is to steal your money.</p>\n<p>Today, internet auction fraud is among the more common rip-offs. There are many out there preying on gullible and trusting individuals promising to make a transaction without any intention of concluding it.</p>\n<p>To avoid landing in a mess, follow some basic rules while buying and selling on the internet:</p>\n<p>a. Clarity on where you want your goods shipped to</p>\n<p>b. Transacting on established and trustworthy websites</p>\n<p>c. Transacting with new sellers only after checking credentials</p>\n<p>d. Using trackable means of payment that offers protection against fraud</p>\n<p><strong>5. Application frauds</strong></p>\n<p>There are fraudsters who take out financial products, like loans, in your name. This may appear incredulous, but when you think of it, all it takes to apply for a loan is your utility bills and bank statements, all of which can be retrieved easily enough from your bin if you haven’t been careful in discarding them. The fraudster then builds up a personal information database, which helps him apply for the loan at a later date. You will be left with the liability of paying off the loan. Although, not strictly of an online nature like the other frauds listed here, it may assume an online shape in future.</p>\n<p>\xa0</p>\n<h3><strong>Similar Articles</strong></h3>\n<ul>\n<li><a href="/insurance-knowledge-centre/investment-for-future-planning/best-short-term-investment-options-in-2015" target="_blank" title="3 Ideal Short Term Investment Ideas by HDFC Life">Short Term Investment Options</a></li>\n<li><a href="/insurance-knowledge-centre/tax-saving-insurance/high-risk-investment-or-low-risk-investment-options" target="_blank" title="Low Risk vs. High Risk Investment Options">Low Risk vs. High Risk Investment Options</a></li>\n<li><a href="/insurance-knowledge-centre/tax-saving-insurance/latest-income-tax-slab-and-deductions-fy-2017-18" target="_blank" title="Income Tax Rates 2017-18">Income Tax Deductions For AY 2018-19</a></li>\n</ul>', 'tile_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI5_hiq8Kmr_tile.jpg', 'categories': ['insurance-knowledge-centre', 'investment-for-future-planning'], 'thumbnail_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI5_hiq8Kmr_thumb.jpg', 'title': '5 Types Of Online Frauds Investors Must Be Aware Of', 'excerpt': 'As if there weren’t enough offline frauds to be worried about, individuals are also burdened with saving their finances from online fraudsters.There are all types of online frauds – some are harmless hoaxes where some faceless wise guy wants to have a laugh at your expense. Some frauds are decidedly sinister where someone wants to have a laugh along with a share of your wallet.', 'tag_list': [{'text': 'Investment', 'link': '/insurance-knowledge-centre/investment-for-future-planning'}, {'text': 'Child', 'link': '/insurance-knowledge-centre/child-future-planning'}, {'text': 'Insurance Basics', 'link': '/insurance-knowledge-centre/about-life-insurance'}, {'text': 'Tax', 'link': '/insurance-knowledge-centre/tax-saving-insurance'}, {'text': 'Retirement', 'link': '/insurance-knowledge-centre/retirement-planning'}, {'text': 'Health', 'link': '/insurance-knowledge-centre/secure-your-health'}], 'category_url': '/insurance-knowledge-centre/investment-for-future-planning/', 'attributes': [{'type': 'textfield', 'data': {'slug': 'title', 'value': 'Types of Online Frauds To Be Aware Of - HDFC Life', 'label': 'title'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'description', 'value': 'Here are the five types of online frauds investors in India should be aware of ✓Phishing ✓False e-mail ✓Lottery✓Auction ✓Application Fraud ', 'label': 'description'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'keywords', 'value': 'types of online frauds, online frauds in india, online fraud', 'label': 'keywords'}, 'validations': {}}, {'type': 'textarea', 'data': {'slug': 'adobe-dtm-script', 'value': '<script type="text/javascript">\n var digitalData = { \npage : {\n\'pageName\': \'HDFCLife:Knowledge Center:Investment:Types of Online Frauds\', \n\'channel\':\'HDFCLife:Knowledge Center\', \n\'subSection2\':\'HDFCLife:Knowledge Center\',\n\'subSection3\':\'HDFCLife:Knowledge Center:Investment\',\n\'subSection4\': \'HDFCLife:Knowledge Center:Investment:Types of Online Frauds\',\n\'userType\':\'guest/signed-in\'\n }\n};\n </script>', 'label': 'adobe dtm script'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'carousel', 'value': 'specialCarousel', 'label': 'carousel'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'plan-disclaimer', 'value': 'In Unit Linked policies, the investment risk in the investment portfolio is borne by the policyholder.', 'label': 'plan disclaimer'}, 'validations': {}}, {'type': 'textarea', 'data': {'slug': 'canonical-url', 'value': '/insurance-knowledge-centre/investment-for-future-planning/types-of-online-frauds/', 'label': 'canonical url'}, 'validations': {}}], 'view_count': 9239, 'banner_image': {'url': 'https://brandsite-static.hdfclife.com/media/image/RS-SI5_hiq8Kmr.jpg', 'thumbnail_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI5_hiq8Kmr_thumb.jpg', 'id': 'oxmyuiqOpsWCwk8', 'tile_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI5_hiq8Kmr_tile.jpg', 'alt': {'en': 'Power of Compounding'}, 'banner_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI5_hiq8Kmr.jpg'}, 'blog_author': None}, {'publish_at': '2016-11-09T04:56:00Z', 'url': '/insurance-knowledge-centre/investment-for-future-planning/what-is-wealth-management', 'slug': 'what-is-wealth-management', 'image': {'banner': 'qNt6rPpIjMlT9tI'}, 'id': 57, 'tags': ['Investment', 'Child', 'Insurance Basics', 'Tax', 'Retirement', 'Health'], 'content': '<link href="/static/iwov-resources/css/style.css" rel="stylesheet"/>\n<div class="inner-plans-wrp generic ">\n<p>Think wealth management and the first thing that probably comes to mind is a personal banker advising his high-end client on how to go about maximizing returns on his considerable wealth.<br/>\r\nTo be sure, wealth management or money management, when done correctly, has wide-ranging benefits for investors of all kinds – large and small.<br/>\r\nThe reason, why wealth management has come to be associated with the rich and wealthy is because wealth is associated with the rich and wealthy. However, investors with modest income / wealth are also candidates for money management solutions.</p>\n<h3>How investors benefit from wealth management?</h3>\n<p>Simply put, wealth management is about offering a solution to the client that helps him make the most of his money. The wealth manager (either individually or through his team) has the resources to deliver a full range of financial services and products to the client in an advisory capacity.<br/>\r\nIn theory, a wealth manager can provide almost every single financial product. In practice however, it is common to see wealth managers specialize in services and products. For instance, one wealth manager may specialize in recommending portfolio management services (PMS), while another may concentrate on offering <a href="https://www.hdfclife.com/insurance-plans" target="_blank">life insurance</a> solutions or different <a href="/insurance-knowledge-centre/tax-saving-insurance/investment-types/" target="_blank" title="Types Of Investments">investment types</a>.</p>\n<h3>True wealth management is client-centric</h3>\n<p>Since wealth management is meant to be client-centric, a competent and honest wealth manager begins with the client’s needs. He analyzes what the client aims to achieve and why, the wealth at his disposal and the financial products or services that can best help him achieve those goals. Good wealth management is purely advisory; it does not compel the client to take a particular decision.<br/>\r\nTypically, the wealth manager charges a fee for his services. Some even execute the transaction for the client, in which case they may charge a fee and/or collect the commission on the transaction.</p>\n<p>\xa0</p>\n<h3><strong>Similar Articles</strong></h3>\n<ul>\n<li><a href="/insurance-knowledge-centre/about-life-insurance/what-is-ulip-plans/" target="_blank" title="Definition of ULIP">What is ULIP?</a></li>\n<li><a href="/insurance-knowledge-centre/compare-life-insurance-plans/" target="_blank" title="Compare Life Insurance Plans Online">Life Insurance Comparison</a></li>\n<li><a href="/insurance-knowledge-centre/tax-saving-insurance/small-investment-options-in-india-for-2016/" target="_blank" title="Small Investment Options">Small Investment Plans</a></li>\n<li><a href="/insurance-knowledge-centre/tax-saving-insurance/latest-income-tax-slab-and-deductions" target="_blank" title="Income Tax Slab">Income Tax Slabs for FY 2015-16 and AY 2016-17</a></li>\n<li><a href="/nri-insurance-plans" target="_blank" title="NRI Insurance by HDFC Life">NRI Life Insurnace in India</a></li>\n<li><a href="/insurance-knowledge-centre/tax-saving-insurance/latest-income-tax-slab-and-deductions-fy-2017-18" target="_blank" title="Income Tax Calculation For AY 2018-19">Income Tax Changes In Budget 2017</a></li>\n</ul>\n</div>\n<div class="postDesc contentPage"></div>', 'tile_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI1_uoPXySj_tile.jpg', 'categories': ['insurance-knowledge-centre', 'investment-for-future-planning'], 'thumbnail_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI1_uoPXySj_thumb.jpg', 'title': 'What is Wealth Management?', 'excerpt': 'What is Wealth Management?\r\n\r\nThink wealth management and the first thing that probably comes to mind is a personal banker advising his high-end client on how to go about maximizing returns on his considerable wealth.', 'tag_list': [{'text': 'Investment', 'link': '/insurance-knowledge-centre/investment-for-future-planning'}, {'text': 'Child', 'link': '/insurance-knowledge-centre/child-future-planning'}, {'text': 'Insurance Basics', 'link': '/insurance-knowledge-centre/about-life-insurance'}, {'text': 'Tax', 'link': '/insurance-knowledge-centre/tax-saving-insurance'}, {'text': 'Retirement', 'link': '/insurance-knowledge-centre/retirement-planning'}, {'text': 'Health', 'link': '/insurance-knowledge-centre/secure-your-health'}], 'category_url': '/insurance-knowledge-centre/investment-for-future-planning/', 'attributes': [{'type': 'textfield', 'data': {'slug': 'title', 'value': 'Wealth Management - Definition and Meaning by HDFC Life', 'label': 'title'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'description', 'value': 'Understand what is wealth management. View complete definition & meaning of wealth management on HDFC Life.', 'label': 'description'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'keywords', 'value': 'wealth management, what is wealth management, wealth management definition, wealth management meaning', 'label': 'keywords'}, 'validations': {}}, {'type': 'textarea', 'data': {'slug': 'adobe-dtm-script', 'value': '<script type="text/javascript">\n var digitalData = { \npage : {\n\'pageName\': \'HDFCLife:Knowledge Center:Investment:What Is Wealth Management\', \n\'channel\':\'HDFCLife:Knowledge Center\', \n\'subSection2\':\'HDFCLife:Knowledge Center\',\n\'subSection3\':\'HDFCLife:Knowledge Center:Investment\',\n\'subSection4\': \'HDFCLife:Knowledge Center:Investment:What Is Wealth Management\',\n\'userType\':\'guest/signed-in\'\n }\n};\n </script>', 'label': 'adobe dtm script'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'carousel', 'value': 'specialCarousel', 'label': 'carousel'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'plan-disclaimer', 'value': 'In Unit Linked policies, the investment risk in the investment portfolio is borne by the policyholder.', 'label': 'plan disclaimer'}, 'validations': {}}, {'type': 'textarea', 'data': {'slug': 'canonical-url', 'value': '/insurance-knowledge-centre/investment-for-future-planning/what-is-wealth-management', 'label': 'canonical url'}, 'validations': {}}], 'view_count': 5441, 'banner_image': {'url': 'https://brandsite-static.hdfclife.com/media/image/RS-SI1_uoPXySj.jpg', 'thumbnail_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI1_uoPXySj_thumb.jpg', 'id': 'qNt6rPpIjMlT9tI', 'tile_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI1_uoPXySj_tile.jpg', 'alt': {'en': 'Long Term Investment Options'}, 'banner_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI1_uoPXySj.jpg'}, 'blog_author': None}, {'publish_at': '2016-11-09T04:59:00Z', 'url': '/insurance-knowledge-centre/investment-for-future-planning/unit-linked-plan-introduction', 'slug': 'unit-linked-plan-introduction', 'image': {'banner': 'yhBwj80TxmGIE48'}, 'id': 48, 'tags': ['Investment', 'Child', 'Insurance Basics', 'Tax', 'Retirement', 'Health'], 'content': '<link href="/static/iwov-resources/css/style.css" rel="stylesheet" />\n<div class="postDesc contentPage">\n<div class="scrollBlock">\n<article class="innerBlk" id="section56">\n<div class="term-assurance">\n<div class="head-wrp float-left clearfix">\n<p class="float-left"><a href="https://www.hdfclife.com/ulip-plans" target="_blank">Unit Linked Insurance Plans</a> (ULIPs) are a category of goal-based financial solutions that offer dual benefits of protection and Investment. Your Unit linked Insurance Plan is linked to the capital market and offers you flexibility to invest your units in equity or debt funds depending upon your risk appetite. ULIPs are typically bought for long term capital gains and offer a protection cover too.</p>\n\n<p class="float-left">Though much has been written about ULIPs in the past, a lot has also changed for better. In 2010 the IRDAI issued new guidelines for ULIPs in order to improve the returns for investors by reducing charges and to ensure that the new product is sold and bought as a long-term protection and savings tool. For last few years the demand for traditional insurance plans has considerably gone up overshadowing the ULIPs. Let me bring back the focus on what a new ULIP is all about and what’s in it for you as a customer.</p>\n</div>\n\n<div class="float-left" id="mymain">\n<div class="inner-plans-wrp generic ">\n<h2>What makes ULIP a better investment product?</h2>\n\n<ol class="ol-list" style="margin-bottom:10px;">\n\t<li>\n\t<h3>Avoid everyday hassle of managing stocks :</h3>\n\tInvest in ULIP which provides you\n\n\t<ol>\n\t\t<li style="list-style-type: lower-alpha;">Expert fund management</li>\n\t\t<li style="list-style-type: lower-alpha;">Multiple fund options – You can choose the type of fund in which premiums will be invested.</li>\n\t\t<li style="list-style-type: lower-alpha;">Different Investment strategies like opportunist and Balanced approach</li>\n\t</ol>\n\t</li>\n\t<li>\n\t<h3>Adapt your portfolio , don’t toggle it :</h3>\n\tULIPs allow you to shift your money from one fund to another without disturbing your long term financial plan\n\n\t<ol>\n\t\t<li style="list-style-type: lower-alpha;">\n\t\t<h3>Fund Switching :</h3>\n\t\tShift your funds from equity funds to debt funds or vice-versa</li>\n\t\t<li style="list-style-type: lower-alpha;">\n\t\t<h3>Premium Redirection:</h3>\n\t\tRe-direct your future premiums to any fund of your choice while keeping your existing fund composition intact.</li>\n\t\t<li style="list-style-type: lower-alpha;">\n\t\t<h3>Partial Withdrawal:</h3>\n\t\t<a href="https://www.hdfclife.com/ulip-plans">ULIP</a>’s provide flexibility to its policyholders to “partially” withdraw some amount of money from his own accumulated Fund Value before the policy tenure is over.</li>\n\t</ol>\n\t</li>\n</ol>\n\n<h2>What are the unique features that it offers to customers?</h2>\n\n<ol class="ol-list" style="margin-bottom:10px;">\n\t<li>\n\t<h3>Investment and Insurance cover</h3>\n\tIt’s a two-in-one plan in terms of giving an individual the twin benefits of life insurance and investment.</li>\n\t<li>\n\t<h3>Multiple investment options</h3>\n\tYou can invest in multiple fund options based on your life stage needs and risk profile.</li>\n\t<li>\n\t<h3>Transparency and tax benefits</h3>\n\tYou know what is the amount you are paying for the various benefits and you will also get tax benefits under section 80 C & 10(10D) as per prevailing tax laws.</li>\n</ol>\n\n<h2>What should one keep in mind while investing in ULIP?</h2>\n\n<ol class="ol-list" style="margin-bottom:10px;">\n\t<li>Applicable charges</li>\n\t<li>Payment on premature surrender</li>\n\t<li>Investment fund options</li>\n\t<li>Features and benefits</li>\n\t<li>Limitations and exclusions</li>\n\t<li>Lapsing and its consequences</li>\n\t<li>Other disclosures</li>\n</ol>\n\n<h2>Busting the myths</h2>\n\n<h3><a href="https://www.hdfclife.com/ulip-plans">ULIP</a>s are expensive:</h3>\n\n<p>Charges are capped by IRDAI regulation since Sept 2010 .In simple words, overall charges cannot exceed the prescribed limit set by the regulator -the net reduction in yield cannot be more than 3% for a 10 year term policy. This reduction in yield includes all charges except mortality and morbidity charges. Even fund management charges (FMC) are capped at 1.35%. This capping of charges ensures a reasonable value proposition for the customers.</p>\n\n<h3>ULIPS offer low returns:</h3>\n\n<p>There are several factors that enable the investor to get a good return:</p>\n\n<ol class="ol-list" style="margin-bottom:10px;">\n\t<li>Invest for long terms: ULIP offered by <a href="/" target="_blank" title="Life Insurance Company in India">Life Insurance companies</a> are the only long term avenues for investing in disciplined manner, along with valuable life cover.</li>\n\t<li>Your choice for funds and judicious switching, redirection of funds/premiums will ensure that the fund growth is healthy.</li>\n</ol>\n\n<p>We have observed that following these tips help the customer lock in good returns upon maturity.</p>\n\n<h3><strong>Similar Articles</strong></h3>\n\n<ul>\n\t<li><a href="/insurance-knowledge-centre/about-life-insurance/what-is-ulip-plans" target="_blank" title="What is ULIP (Unit Linked Insurance Plan)">What is ULIP (Unit Linked Insurance Plan)</a></li>\n\t<li><a href="/insurance-knowledge-centre/about-life-insurance/ulip-and-mutual-fund-comparison" target="_blank" title="Difference between ULIP & Mutual Fund Comparison">Difference between ULIP & Mutual Fund Comparison</a></li>\n\t<li><a href="/insurance-knowledge-centre/about-life-insurance/type-of-insurance/" target="_blank" title="Life Insurance Policies">Different Types of Life Insurance Policies in India</a></li>\n\t<li><a href="/insurance-knowledge-centre/investment-for-future-planning/click2invest-superulip/" target="_blank" title="HDFC Life C2I Super ULIP">What Makes HDFC Life Click2Invest a Super ULIP?</a></li>\n\t<li><a href="http://blog.hdfclife.com/are-ulips-suitable-investment-options-532560" target="_blank" title="ULIPs as Long Term Investment Options">Are ULIPs an Ideal Long Term Investment Option?</a></li>\n</ul>\n\n<h3><strong>Related Articles</strong></h3>\n\n<ul>\n\t<li><a href="https://www.hdfclife.com/insurance-knowledge-centre/about-life-insurance/what-is-ulip-plans" target="_blank">What is ULIP (Unit Linked Insurance Plan)?</a></li>\n\t<li><a href="https://www.hdfclife.com/insurance-knowledge-centre/about-life-insurance/ulip-and-conventional-plans-comparison" target="_blank">Unit Linked Plans and Conventional Plans</a></li>\n\t<li><a href="https://www.hdfclife.com/insurance-knowledge-centre/investment-for-future-planning/understand-the-terms-of-ulip-plans" target="_blank">Understand the Terms of ULIP Plans</a></li>\n\t<li><a href="https://www.hdfclife.com/insurance-knowledge-centre/about-life-insurance/know-about-ulip-charges" target="_blank">All You Need to Know about ULIP Charges</a></li>\n\t<li><a href="“https://www.hdfclife.com/insurance-knowledge-centre/about-life-insurance/ulip-after-lock-in-period-ends">Why exiting from ULIP is preferred after the Lock in Period ends</a></li>\n</ul>\n\n<p style="text-align: center;"><a class="nav-btn red-btn" href="https://www.hdfclife.com/ulip-plans/click-2-invest-ulip-plan" rel="noopener" style="position: relative; color: #fff; background: #d51d25; border-radius: 2px; vertical-align: middle; font: 14px \'Source Sans Pro\'; font-weight: 600; padding: 10px 20px; margin-right: 8px; margin-left: 0;" target="_blank">Buy ULIP Plans</a></p>\n</div>\n</div>\n</div>\n</article>\n</div>\n</div>', 'tile_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI3_RqpSuPm_tile.jpg', 'categories': ['insurance-knowledge-centre', 'investment-for-future-planning'], 'thumbnail_image': 'https://brandsite-static.hdfclife.com/media/image/RS-SI3_RqpSuPm_thumb.jpg', 'title': 'Unit Linked Insurance Plan (ULIP) - An Introduction', 'excerpt': 'Unit Linked Insurance Plans (ULIPs) are a category of goal-based financial solutions that offer dual benefits of protection and Investment.', 'tag_list': [{'text': 'Investment', 'link': '/insurance-knowledge-centre/investment-for-future-planning'}, {'text': 'Child', 'link': '/insurance-knowledge-centre/child-future-planning'}, {'text': 'Insurance Basics', 'link': '/insurance-knowledge-centre/about-life-insurance'}, {'text': 'Tax', 'link': '/insurance-knowledge-centre/tax-saving-insurance'}, {'text': 'Retirement', 'link': '/insurance-knowledge-centre/retirement-planning'}, {'text': 'Health', 'link': '/insurance-knowledge-centre/secure-your-health'}], 'category_url': '/insurance-knowledge-centre/investment-for-future-planning/', 'attributes': [{'type': 'textfield', 'data': {'slug': 'title', 'value': 'Investing in ULIP Plans - Things You Must Know | HDFC Life', 'label': 'title'}, 'validations': {}}, {'type': 'textfield', 'data': {'slug': 'description', 'value': 'Meet all your goals now easily with ULIP plans. 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'bottom-button-link']}}, '8Jz5TfNZ4X7ft3x': {'slug': 'category-calculators', 'label': 'category calculators_KC Investment', 'id': 'mjTNSAGSKbSfuSI', 'template_url': 'kc-details-theme-one/widgets/sidebar-calculators.tpl.html', 'type': 'calculator_list', 'data': {'header text': 'Calculators', 'label': 'category calculators_KC Investment', 'description': 'Use our range of Interactive tools and calculators to plan for your financial goals.', 'button-text': 'VIEW ALL CALCULATORS', 'button-link': '/financial-tools-calculators', 'alt': None, 'content': [{'slug': 'category-landing-calculator', 'label': 'Human Life Value Calculator', 'id': 'GMYfD6jnhCDV8lE', 'template_url': 'kc-details-theme-one/widgets/category_landing_calculator.tpl.html', 'type': 'html/js-calculator', 'data': {'calculator-link': '/financial-tools-calculators/human-life-value-calculator', 'alt': '', 'label': 'Human Life Value Calculator', 'icon_url': 'https://brandsite-static.hdfclife.com/media/image/HLV_color.jpg'}, 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['calculator-link']}}, {'slug': 'category-landing-calculator', 'label': 'Retirement Planner Calculator', 'id': 'Oke7exPjZ963lrl', 'template_url': 'kc-details-theme-one/widgets/category_landing_calculator.tpl.html', 'type': 'html/js-calculator', 'data': {'calculator-link': '/financial-tools-calculators/retirement-planning-calculator', 'alt': '', 'label': 'Retirement Planner Calculator', 'icon_url': 'https://brandsite-static.hdfclife.com/media/image/retirement-planner-hover.png'}, 'fields': {'textfield': ['calculator-link']}}], 'icon_url': None}, 'fields': {'textfield': ['header text', 'description', 'button-link', 'button-text']}}, 'dGqsT0XpHTt3am3': {'slug': 'help-me-decide-which-plan', 'label': 'help me decide which plan_KC Category Investment', 'id': 'xDQOgCuIYV3x9CD', 'template_url': 'hmd-landing-theme-one/widgets/banner.tpl.html', 'type': 'data-image', 'data': {'which-plan': {'text': 'which plan', 'image_id': '3SM1V5bHELhLAcV', 'description': '', 'link': '', 'alt': '', 'image_url': 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