HDFC Pension Super - Is it worth investing in it ?

[arian29]

Hmm.. doesn't seem to be a good option then.. should i also ask my cousin to withdraw then ? he has already invested 1.5 lac but says there's been no profit yet. The vesting age minimum required for withdrawl is 50 and he is 28 as of today.. please suggest if he should withdraw and possibly loose the 1.5L invested or continue.. Thanks

[Master]

Hmm.. doesn't seem to be a good option then.. should i also ask my cousin to withdraw then ? he has already invested 1.5 lac but says there's been no profit yet. The vesting age minimum required for withdrawal is 50 and he is 28 as of today.. please suggest if he should withdraw and possibly loose the 1.5L invested or continue.. Thanks

My suggestion would be to give sometime to the plan, all ULIP plans are for long term, but the return it's giving at the moment is too low.
1- Check if you can exercise premium holiday option?
2- Buy adequate Life Insurance before surrendering old policy.
3- Check Income tax provisions