Riding the Rise: Long-term investment ideas to capitalise on India's promising future
Production linked incentive (PLI)’ schemes as well as the drive towards capital expenditure, are measures that have contributed to our growth agenda. Other factors that are driving this momentum include: With continued momentum, India is widely expected to ascend to the ranks of the world's top three economies by 2030, underscoring its emergence as a major player in the global economic landscape. The government’s commitment to reform measures has boosted business confidence among India Inc., which could function as a catalyst to stimulate private investment.
Investing in the 'Rising India' story therefore presents consumers with the opportunity to secure their long-term financial goals through capital appreciation. Although many instruments are available in the market, Unit Link Plans (ULIPs) offered by life insurers are a unique way for consumers to capitalise on the India growth story and realise their financial aspirations, while benefiting from the security of life insurance. We have also witnessed the emergence of innovative solutions such as Investment-Linked Plans (ILPs).
These products offer multiple benefits in a single product including high life cover, financial protection, and wealth generation opportunities. These are comprehensive solutions that provide policyholders with coverage for their whole life (coverage till age 100) with a focus on market-linked returns. Some of them also offer policyholders a Systematic Withdrawal Plan, which provides liquidity for their investments.
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