Tuesday, March 3, 2015

Invest in SBI life and get ripped off:

Dear Readers,

The following is a feedback from guest user:

"Invested in SBI Life Horizon in 2006 - mostly equity - well before the big bang, when the BSE stock index was approaching 2k. But it made no difference to the NAV of this unit, which actually took a huge hit. Amount invested in 2006 = 12k & 2007 = 12k. Value on 13 March 2013 = 17, 359.70.

The only people it seems to have benefited are the wretched fund managers, who probably won't be welcome in any non-sarkari self respecting funds managing co."

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