In the Query Corner section of the issue dated 29 May, you have said that mortality charges are deducted from a Ulip even after the corpus value exceeds the sum assured. This is incorrect. Insurers do not deduct risk cover charges when the investment value of the Ulip is more than the insurance cover it offers.This holds true only for Ulips that give both the sum assured and the fund value on the death of the policyholder.
—Munish Batra, Birla Sun Life
Thank you for pointing out the error. You are right that only Ulips which offer both the sum assured and the corpus value to the policyholder’s nominees deduct mortality charges even when the fund corpus is more than the sum assured.
I wanted to know what are the different ways of investing in gold. Please consider doing a story on this subject.
—Amol C Kokate, e-mail
In May 29 issue, we had done an article—‘Gleaming Options ’—on the different modes of investing in gold.
I want some more information on the spy gadgets featured in your article in the technology section (Gizmo H@ppy, 1 May). Please let me know where these gizmos are available or alternatively, a website which has details about them.
—Ravindra S Satel, e-mail
Log on to www.gadgets.in and browse through the product list for the information.
I invest in mutual funds regularly. In your latest story on funds (Loss Today, Gain Tomorrow, 29 May) you have explained a few analytical ratios. Please give further details so that investors like me can evaluate funds using them.
—Amit Lingayat, e-mail
We will send you the information soon. Write to us if you have a specific query.
Thank you for analysing my finances (Good Intent, Bad Choices, 1 May). It will act as a guide for my investment decisions in future.
—Chaitrali Deshmukh, e-mail
We are glad the recommendations were useful. The purpose of Portfolio Doctor is to give broad directions for financial planning to an individual or a family. These suggestions automatically have lessons for other readers too who can incorporate advice that suits their investor profile.
Your analysis of corporate results of the last quarter was refreshingly different (Beating the Street, 29 May). Most of the other publications that I read talked of ‘hot’ stocks, sectors that have performed well and those which have not, etc. But your story looked at the results from a long-term perspective too and culled out useful lessons for investors.
—Shiv Nagra, Solan
Corporate results are an important source of information on the performance of companies. But one shouldn’t make investment decisions based on them alone.
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