Cholamandalam Investment Services
Mutual Funds [Chennai]Consider the following benefits of investing through a mutual fund Affordability Mutual funds allow you to invest small sums. For instance, if you want to buy a portfolio of blue chips of modest size, you should at least have a few lakhs of rupees. A mutual fund gives you the same portfolio for meager investment of Rs.1,000-5,000. A mutual fund can do that because it collects money from many ....
Wealth Management [Chennai]As your assets grow so do the challenges of picking the right wealth management solutions. And today, more than ever before, investors like you, are constantly in need of financial partners who have the expertise to understand these challenges and offer winning solutions. Club Chola is your customiszed wealth advisory service with a strong focus on Personalised solutions. For those investo....
Investment Management [Chennai]There is no single investment strategy that suits everyone. In line with this belief, we at Chola Distribution Services have channeled our successful wealth management expertise to create a wide array of solutions that cater to a range of risk and return preferences. Investment planning begins with determining an appropriate asset mix more than picking good funds. Your portfolio should be bala....
Motor Insurance [Chennai]Under the provisions of Motor Vehicles Act, all vehicles that ply in public places must have an insurance policy that at least covers "Third Party Liability" as specified under the Act.....
Health Insurance [Chennai]Well being is an overall feeling of being in good health and being in control of yourself, your situation and your finances. There?s a lot you can do to ensure your well-being. But life, unfortunately, follows no fixed plan. Sudden illness or bodily injury can sometimes leave you financially hurt and highly stressed. Cholamandalam?s Health insurance ensures quality health care for you. Now is the ....
Travel Insurance [Chennai]The world is a book, and those who do not travel read only a page says a popular adage. It is sheer pleasure to explore new vistas, new places and new people. Should you not make your journey hassle free and entirely safe? Say yes to Cholamandalam?s Travel Health insurance and explore the world without a care.....
Personal Accident Insurance [Chennai]An accident can happen at any time. And it could leave you with permanent harm or temporary disability, both of which could affect your life and your family. Apart from cover for life and injury, Cholamandalam offers other unique and unmatched features like Weekly benefit Medical Reimbursement Education Benefit Modification of residential accommodation and own vehicle Ambulance hiring....
Home Insurance [Chennai]Cholamandalam Home Insurance is a low cost protection plan for you. In addition to flexibility and low premium rates, Cholamandalam also promises you convenience at every stage ? while you apply, with documentation and while making claims. Only Cholamandalam offers unique covers like the pet dog insurance and cancellation of vacation?.....
Office insurance [Chennai]Your office is not just a workplace. It is a place where your dreams for a bright future get fulfilled. It is the second home for many of your employees. There's plenty that goes into running a professional establishment. There is a lot you sacrifice and sweat over before you taste success. There are the employees to be taken care of, infrastructure to be maintained and future goals to reach. But ....
Shop Insurance [Chennai]As a shop owner, you constantly worry about the hazards your shop and the contents within are exposed to. A sudden crisis at your place ? a theft, an employee?s infidelity, a fire accident, any disaster like these can severely hamper the running of the establishment. That is why you need a protective cover like the one Cholamandalam's Shop Package Insurance offers. Taking care of your business is ....
Term Insurance Policy [Chennai]A term insurance policy is a pure risk cover for a specified period of time. What this means is that the sum assured is payable only if the policyholder dies within the policy term. For instance, if a person buys Rs 2 lakh policy for 15-years, his family is entitled to the money if he dies within that 15-year period. What if he survives the 15-year period? Well, then he is not entitled to any....
Whole Life Policy [Chennai]As the name suggests, a Whole Life Policy is an insurance cover against death, irrespective of when it happens. Under this plan, the policyholder pays regular premiums until his death, following which the money is handed over to his family. This policy, however, fails to address the additional needs of the insured during his post-retirement years. It doesn't take into account a person's ....
Endowment Policy [Chennai]Combining risk cover with financial savings, endowment policies is the most popular policies in the world of life insurance. In an Endowment Policy, the sum assured is payable even if the insured survives the policy term. If the insured dies during the tenure of the policy, the insurance firm has to pay the sum assured just as any other pure risk cover. A pure endowment policy is als....
Money Back Policy [Chennai]These policies are structured to provide sums required as anticipated expenses (marriage, education, etc) over a stipulated period of time. With inflation becoming a big issue, companies have realized that sometimes the money value of the policy is eroded. That is why with-profit policies are also being introduced to offset some of the losses incurred on account of inflation. A portion of th....
Annuities And Pension [Chennai]In an annuity, the insurer agrees to pay the insured a stipulated sum of money periodically. The purpose of an annuity is to protect against risk as well as provide money in the form of pension at regular intervals. Over the years, insurers have added various features to basic insurance policies in order to address specific needs of a cross section of people.....
Corporate Fixed Deposits [Chennai]Fixed deposits in companies that earn a fixed rate of return over a period of time are called Company/Corporate Fixed Deposits. Financial institutions and Non-Banking Finance Companies (NBFCs) also accept such deposits. Deposits thus mobilized are governed by the Companies Act under Section 58A. These deposits are unsecured, i.e., if the company defaults, the investor cannot sell the company to re....
Post Office Monthly Income Scheme [Chennai]An individual can open a Monthly Income Scheme either singly or jointly. A minor who has attained the age of ten years can also open a POMIS account. The features of this scheme are as under: There shall be only one deposit in the account. The minimum deposit required is Rs.1000 and the maximum permissible deposit is Rs.3,00,000 for a single account and Rs.6,00,000 for a joint account. ....
Direct Equity Investing [Chennai]If you find equity mutual funds too conservative and then end up committing large sums of money based on someone?s advice, think again. Evidence shows that churning a portfolio increases costs but not always returns- in fact, you may experience severe threats to your portfolio if your advisor is not fully glued into the markets. IPO (Initial Public Issues) of good and growing companies keep on com....
Comprehensive Safety Audit [Chennai]Industries which handle large quantities of hazardous substances are required to demonstrate their capability to design, locate, operate and maintain facilities to standards acceptable to the Govt. and public. There is no single ideal system of Hazard identification procedures. Among the tools available for occupiers and managers of hazardous installations to check and reassure the effectivenes....