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Premature LIC Withdrawal

Don’t go for premature withdrawals right now because the markets are trading at a low

I have invested in LIC Market Plus. The current value is down, and the maturity time is near. I need this money, so should I redeem it?
-Ashok

This is quite surprising because such plans are for a period of 10 years, and the past 10 years have seen an appreciation in our equity markets. If you are talking about premature withdrawal, then you should wait for some more time because currently, the markets are at a low.



This article was originally published on January 18, 2012.

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