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Things to Keep in Mind While Looking for the Best Policies for Investment

Things to Keep in Mind While Looking for the Best Policies for Investment

Do you want to know how soon you can invest and grow your wealth in the future? By taking the proper investment steps and choosing the best policies for investment, you can build the wealth you require in the long run. Investment strategies are important in your "economic success" story, and if you want to invest now, strategic planning can help. Keep in mind that not everyone is born with a silver spoon. Investors such as Warren Buffet have risen to the ranks of the top investors due to the strategies they employ and the returns they achieve. If you are motivated by people like Warren Buffet and other top investors, you must take specific steps to select the best investment strategy. Here is a list of steps you should take.

Understand Your Objectives

Every investor has a unique goal. One investor wishes to invest for a period of 10 to 15 years, while another wishes to invest for a period of 20 to 25 years. You must ask yourself, "Do I need the money when my child goes to college?" and "Do I need the money when my child marries?" or "Do I need the money when I am about to retire from my job and maintain the same standard of living with regular monthly income?" Depending on your goals, you can choose between PPF, Fixed Deposits, Mutual Funds, and ULIP and find the best policies for investment.

Examine the Risk Profile

It is true that with higher investment risk and fluctuating market conditions, an investor is more likely to make a mistake and choose one with a lower risk of market growth. Every successful investor advocates investing in a high-risk profile if your goal is long-term because higher risk yields higher returns in the long run. If the goal is short-term, however, investing in a low-risk profile makes more sense. Depending on your risk tolerance, you can select from high-growth funds, growth funds, balanced funds, and secured funds and find the best polices for investment.


Assume you had invested a certain amount X in an instrument. That money grows year after year with the full proof strategies in place, making you feel wealthy. What if the money X invested was your entire cash reserve? What should you do if you want to buy a car in the next four to five years? Do you need to get a personal loan or some cash for a down payment? It is also possible that you require funds for your child's school admission. It is best to find an investment plan that allows for a 5-year lock-in period as well as some form of partial withdrawal. This is one of the most important aspects to keep in mind while choosing the best policies for investment.

Death Benefit

A family can be shattered if the breadwinner dies unexpectedly. Nobody wants their family to be impoverished. If this is one of your goals, investing in term insurance can help your family earn money each month and fulfil their daily needs. Isn't this the kind of investment you'd like to make for your family?

To conclude, here’s a summary of all that we have discussed, the first step in developing an investment strategy is to assess financial needs and risk tolerance before selecting an appropriate plan.

  • Examine your financial objectives and needs.
  • Create a strong strategy by incorporating the appropriate investment plan as well as the appropriate insurance that aligns with your objectives.
  • Determine the duration of your investment to achieve each goal.
  • Examine the various fees associated with various investment plans.
  • Make a portfolio that is diverse. This means that instead of investing in a single investment plan, invest in a combination of insurance and investment plans.
  • Review your investment plans on a regular basis.


The article is meant to be general and informative in nature and should not be construed as solicitation material. Please read the related product brochures for exclusions, terms and conditions, warranties, etc. carefully before concluding a sale.
Make responsible financial decisions. Consult with your financial advisor before making any decisions on insurance purchase.

Suggested Plans

Bharti AXA Life Wealth Pro

  • An Individual Linked life cover with Insurance cum Savings Plan.
  • Choose a Variant: The plan offers you two variants to choose from a) Growth Variant b) Legacy variant
  • Grow your wealth further with Wealth booster
  • Multiple Investment Strategies to suit your investment needs
  • Tax benefits

Bharti AXA Life Guaranteed Wealth Pro

  • A non-linked, non-participating individual savings life insurance plan
  • Flexibility to choose the payout structure
  • Multiple income options
  • Option to receive tax free income beginning from the second policy year itself
  • Option to get lifelong income along with life cover till 100 years of age

Bharti AXA Life Shining Stars

  • Non-linked, non-participating limited pay endowment Life Insurance plan
  • Designed to take care of the financial needs of your child.
  • Flexibility to opt between 2 Maturity Payout Options
  • Flexibility in Policy Term/Premium Payment Terms
  • A great short-term investment option for a child insurance policy.