Adani Enterp. 2537.45↑61.85(2.50%)
Adani Ports 724.50↑6.25(0.87%)
Apollo Hospitals 4568.15↑31.70(0.70%)
Asian Paints 3123.55↑22.05(0.71%)
Axis Bank 921.05↑3.35(0.37%)
B P C L 363.30↓0.00(0.00%)
Bajaj Auto 4644.00↑126.40(2.80%)
Bajaj Finance 6841.15↑55.20(0.81%)
Bajaj Finserv 1427.35↑0.90(0.06%)
Bharti Airtel 822.70↑21.30(2.66%)
Britannia Inds. 4563.30↑43.50(0.96%)
Cipla 945.45↑7.45(0.79%)
Coal India 240.05↓-0.95(-0.39%)
Divi's Lab. 3435.65↑52.50(1.55%)
Dr Reddy's Labs 4503.95↓-15.30(-0.34%)
Eicher Motors 3651.50↑40.60(1.12%)
Grasim Inds 1701.35↑1.00(0.06%)
H D F C 2647.40↓-24.35(-0.91%)
HCL Technologies 1116.00↑4.05(0.36%)
HDFC Bank 1609.60↓-6.20(-0.38%)
HDFC Life Insur. 572.05↑6.05(1.07%)
Hero Motocorp 2732.80↓-5.90(-0.22%)
Hind. Unilever 2597.25↓-17.70(-0.68%)
Hindalco Inds. 404.25↓-2.65(-0.65%)
ICICI Bank 939.85↓-0.80(-0.09%)
IndusInd Bank 1263.40↓-8.35(-0.66%)
Infosys 1304.35↑5.70(0.44%)
ITC 441.15↑7.65(1.76%)
JSW Steel 696.65↑0.65(0.09%)
Kotak Mah. Bank 1929.95↑19.60(1.03%)
Larsen & Toubro 2204.70↑19.55(0.89%)
M & M 1277.80↑2.10(0.16%)
Maruti Suzuki 9281.85↑11.10(0.12%)
Nestle India 21474.90↑94.30(0.44%)
NTPC 174.50↓-0.45(-0.26%)
O N G C 166.00↓-0.25(-0.15%)
Power Grid Corpn 237.95↑2.15(0.91%)
Reliance Industr 2439.95↓-0.30(-0.01%)
SBI Life Insuran 1177.35↑2.00(0.17%)
St Bk of India 581.25↓-1.45(-0.25%)
Sun Pharma.Inds. 945.00↓-7.15(-0.75%)
Tata Consumer 780.30↑9.15(1.19%)
Tata Motors 514.85↓-5.35(-1.03%)
Tata Steel 104.85↓-0.35(-0.33%)
TCS 3293.50↓-9.85(-0.30%)
Tech Mahindra 1098.10↓-0.65(-0.06%)
Titan Company 2707.95↑0.70(0.03%)
UltraTech Cem. 7621.75↓-32.05(-0.42%)
UPL 675.80↓-6.45(-0.95%)
Wipro 394.10↓-5.60(-1.40%)

Par for the course: Lock in returns for long term with non-par plans

Avoid these plans if you require liquidity in the short run

The insurance regulator is currently looking into the proposal, an official said

Premium

5 min read Last Updated : Apr 26 2023 | 7:41 PM IST

Debt mutual funds lost to the indexation benefit on long-term capital gains from the start of this financial year (2023-24). Many investors are gravitating towards non-participating (non-par) plans of insurance companies in the wake of this change in tax rules.

How do these plans work?

Traditional (non-unit linked) plans are of two types: participating (par) and non-par. Returns of par plans are not guaranteed as they depend on insurer performance.