LIC Recruitment 2021: Applications invited for 100 Insurance Advisor posts (Last Date: 31.12.2021)
Life Insurance Corporation of India is an Indian statutory insurance and investment corporation. It is under the ownership of Ministry of Finance, Government of India.
Balanced Advantage Funds are hybrid funds, which are free to manage their exposure to equity and debt instruments without any caps on exposure limits. These funds change their exposure to equity and debt instruments as per the changing equity valuations or market conditions. The fund aims to generate capital gains primarily through dynamic management of equity allocation as per varying market conditions.
LICMF Partner is an easy to use mobile application for its empaneled Distributors & IFAs. LICMF Partner will enable IFAs to initiate investor transactions for their clients online. IFAs can easily review and manage their clients mutual fund accounts with LICMF. Download this mutual fund distributor app today!
Equity Linked Savings Scheme (ELSS) is a type of Mutual Fund scheme. Going by its name ELSS invests a majority of its corpus in equity and equity related products. An investment in ELSS comes with a lock in period and has tax benefits attached to it. It is suitable for investors having a high risk profile as returns in ELSS fluctuate depending upon the equity market and there are no fixed returns. ELSS schemes are open ended in nature, that is, investors can subscribe to the fund at any day. NAV or the price of the fund is declared on every business day.
LIC Recruitment 2021: Vacancy details
Number of vacancies- 100
Organisation Type- Central Government
Sector- Public Administration and Defense
Functional Area- Marketing & Sales
Functional Role- Marketing Executive
The selected candidates will be given a salary between Rs 7,000 – 25,000
A graduate degree from any recognised board is must for applying for the position.
Posted on: 11/11/2021
Last date to apply: 31/12/2021
Apply Online: Click Here
In case of any queries, the candidates can contact PAWAN KUMAR at email@example.com.
ELSS funds are one of the best avenues to save tax under Section 80C. This is because along with the tax deduction, the investor also gets the potential upside of investing in the equity markets. Also, no tax is levied on the long-term capital gains from these funds. Moreover, compared to other tax saving options, ELSS has the shortest lock-in period of three years.