What abt icici life time super plan? is it good for money growth? -

Looks like you are looking for money growth and have chosen insurance plans. Its like asking you would like to go to NewYork from Mumbai and whether bus no 301 the right choice? It is always advisable not to mix insurance and investment. Opt for a term plan for insurance, and invest the remaining amount in diversified well performing mutual fund. Even in mutual funds you can select a plain vanilla equity diversified fund instead of selecting sectoral funds or thematic funds. The plain vanilla equity diversified fund has the flexibility of shifting the sectors, companies etc which it deems would perform better from time to time. The fact that you have chosen insurance suggests that you are willing to commit long term on regular investment which is really appreciating and mutual fund investing requires an investment horizon just like yours. Start an SIP with a couple of well diversified fund from the link below http://mutualfunds.moneycontrol.com/mf/g... Choose from five star funds to four star funds. As far as insurance is concerned, again choose a plain vanilla Term Cover from any insurance company which offers the lowest premium. The conditions are pretty much the same for almost all the term insurance covers offered in the market. Remember insurance is a must and stands much above investments in terms of need. Always get yourself insured and invest the rest of the amount. Also Insure only if you have dependents or if you would be having dependents in the near future. The cover should ideally be 5 times to 15 times of your yearly income. Choose for the longest term available. I am sure this combination will work the best for you.