How Guaranteed Returns Plans Can Help Meet Your Financial Goals

FinanceTue Apr 16 2024

Source: How Guaranteed Returns Plans Can Help Meet Your Financial Goals

This post explores Guaranteed Returns Plans (GRPs) in India, a financial product with guaranteed returns but also limitations. It explains how GRPs work, their advantages (predictability, security, discipline, tax benefits) and disadvantages (lower returns, limited flexibility, inflation risk, complexity). Finally, it discusses who might benefit from GRPs and recommends consulting a financial advisor for personalized advice.

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