Kotak Flexi Plan:

Nowadays it is not safe to just have money for your day to day use.  One needs to think bigger and plan bigger for the future when your working years are over and pension days begin.

Pensions and provident fund money will surely not suffice for your child/children’s education or marriage.  A little bit of planned future savings is definitely essential which can be used later for various purposes.
 
The Flexi Plan offers you the facility to take control of your investment and you are able to investment it in business links so that when the market is up, you can take part in the profits offered by it, at the same time, when the market is down this plan acts as a buffer so that you will not feel the loss caused by the low market.

The benefits you can obtain by buying a Kotak Flexi Plan,
You can choose from six fund options to suit your requirements and the amount of risk you are willing to take by investing in the market.  They are, Guaranteed Dynamic Growth, Guaranteed Dynamic Balanced, Guaranteed Dynamic Bond, Guaranteed Dynamic Gilt, Guaranteed Dynamic Floating Rate, and Guaranteed Dynamic Money Market Fund.

This plan offers you the advantage of receiving the full profit of your investment when the market is going good and at the same time your investment will not be affected in any way when the market suffers a loss by providing the Guaranteed Maturity Value.

The maturity eligibility is higher than the Guaranteed maturity value or fund value.  Also the fund value of the top-up account will be paid to you.  So whether the stock market is on a downslide or an upslide, you will get your money back with no losses to your investment.

In the event of sudden death, your nominee is eligible to get higher of the basic or the market value that is in the Main Account and also the higher plus fund value in the top-up account.

This plan also offers you more security by providing seven rider benefits.  You can enjoy the tax benefits available by buying this plan according to the laws of the Income Tax Act, 1961.

Kotak Flexi Plan is a plan designed for people who want to invest their money in businesses and like to see it grow gradually and then benefit by their investment when they need the use of it.