Disclaimer: “The below investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. LIC Mutual Fund Asset Management Limited is not guaranteeing or promising or forecasting any returns. It is advisable to consult with your financial or tax advisor to understand the terms and conditions of this feature before investing.”
You thought you and your childhood friend had the same likes and dislikes, preferences and prejudices because you grew up together. Ever wondered why he continues to put his money in bank fixed deposit while you thrive on playing the stock markets? Its all about how different your risk profiles are.....
Your risk profile is essentially determined by objective factors (age,income level, number of dependents, security of your job) and subjective factors (risk behaviour intrinsic to each individual's psychology).
The Risk Analyser takes you through a series of scientifically designed multiple choice questions to understand your risk taking capacity and behaviour and thereby arrive at an assessment of your risk profile.
Disclaimer: “The below investment simulation is for illustrative purposes only and should not be construed as a promise on minimum returns and safeguard of capital. LIC Mutual Fund Asset Management Limited is not guaranteeing or promising or forecasting any returns. It is advisable to consult with your financial or tax advisor to understand the terms and conditions of this feature before investing.”