By investing in some of the schemes of LIC, you get good returns and the investment amount is also safe.

Actually, SIIP is a Unit Linked Insurance Plan (ULIP), in which you get insurance coverage along with your investment. The returns in it are based on the performance of the stock market, so it comes with some risks, but with it you get the benefit of high returns and insurance protection. Let’s know the important information related to this plan and its benefits.

LIC SIIP: The best combination of insurance and investment

You get four fund options under LIC’s SIIP plan:

• Bond Fund
• Balanced Fund
• Safe Funds
• Growth Fund

Each of these fund options has its own risk profile. The highest returns are available in growth funds, in which up to 80% of the investment is made in the stock market. Although, this also involves market risk, the return potential is quite high.

Money will double…

Suppose, you have invested ₹1,00,000 every year for a period of 10 years under LIC’s SIIP plan. With this investment, you choose a growth fund, whose NAV growth is expected to be 15%. In 10 years, your total investment will be ₹10,00,000, and you are expected to get ₹19.3 lakh at maturity. This is just a potential calculation, which will depend on the market performance. This plan is available for different tenures of 10, 15, 20 and 25 years.

Suppose, if you take a SIIP plan for a period of 10 years and choose the growth fund option. Under this plan, if you deposit Rs 100,000 every year, a total of Rs 10,00000 will be deposited in 10 years. At maturity, you will get a total of Rs 19.3 lakhs considering the NAV growth of 15 percent. However, this is a probable calculation.

For SIIP plans:

• The policyholder’s age should be a minimum of 3 months and a maximum of 65 years.
• It also provides accidental death benefit rider and partial withdrawal facility.

LIC’s SIIP plan is a great way to grow your investments and secure your future. If you want to invest for the long term and also need insurance coverage, then this plan can be a good option for you.

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The post LIC’s Excellent returns Policy: Rs 19.3 lakhs are being received on an investment of Rs 10 lakhs first appeared on Rightsofemployees.com.

The special thing about this business is that after starting it, you can earn up to Rs 75 thousand every month. In this business you have to make disposable glasses made of paper. There is a huge demand for disposable glasses and plates in the country.

Many people are earning a good amount of money through disposable cups and plates. After the plastic ban, the demand for glasses and plates made from paper disposal has increased significantly in the country. In such a situation, there are many hidden earning possibilities in this business.

To start this business of making paper disposable glasses, you have to install small and big machines. If you want to make small disposable glasses made of paper. In such a situation, you can install a smaller machine.

If you take a big machine. In such a situation, with its help you can make disposable glasses made of paper of various sizes. To buy a small machine, you will have to spend around Rs 1 to 2 lakh. After purchasing the machine you have to start production. Raw material has to be purchased before starting production. In this you have to buy paper reel.

If you do not have money, you can start this business by taking a loan under the Mudra Scheme of the Government of India. If your business runs well, then through this you can earn up to Rs 75 thousand every month.

The post Wonderful Business Ideas: You can earn up to Rs 75 thousand every month, read full details first appeared on Rightsofemployees.com.

If you start it thoughtfully and in a planned manner. In such a situation, his chances of being successful increase significantly. In this series, today we are going to tell you about a very wonderful business. In this business you have to do gold fish farming. By doing gold fish farming you can earn up to Rs 2 lakh every month.

Many people keep gold fish in their homes. Gold fish is associated with good luck. Gold fish are sold in the market at a very expensive price. In this episode, let us know about this business in detail –

If you want to start this business. In such a situation, it will cost you around Rs 1 lakh to Rs 2.50 lakh to start it. To start the business, you will have to buy a 100 square feet aquarium. You will get an aquarium in the market at a cost of around Rs 50 thousand. You will have to spend Rs 50 thousand to buy other things.

To do gold fish farming, you will also need seeds. Before buying seeds, you should know that the ratio of male and female should be 4:1. The fish will be ready to sell after 4 to 6 months of sowing the seeds. By farming these fish you can earn around lakhs of rupees every month.

The post Business Ideas: Start this business, you can earn up to Rs 2 lakh every month first appeared on Rightsofemployees.com.