RESUME APPLICATION PAY PREMIUM
Fund Performance

Fund Performance

Knowledge Center

Knowledge Center

About Us

About Us

Tools and Calculators

Tools & Calculators

Quick links

Mobile (Download app)
  • Webpages
  • Documents
  • HDFC Life ClassicAssure PlusInvestment
  • HDFC Life ClassicAssure PlusInvestment
  • HDFC Life ClassicAssure PlusInvestment

For NRI Customers

(To Buy a Policy)

(If you're our existing customer)

For Online Policy Purchase

(New and Ongoing Applications)

Branch Locator

For Existing Customers

(Issued Policy)

Fund Performance Check

RESUME APPLICATION PAY PREMIUM

What do you want to do?

Quick links

Mobile (Download app)

Download HDFC Life App

Buy plans, track your policy, make renewal payments & monitor fund performance with HDFC Life App, Download Now!

Apple Logo Go to Google Play Store

Making financial portfolio inflation proof for the working woman

down-arrow
Making financial portfolio inflation proof for the working woman
September 26, 2022

Table of Content

 

In this policy, the investment risk in the investment portfolio is borne by the policyholder

According to the Union Budget presented in 2022, it is expected that the participation of women in the workforce in urban India will increase by 10%*. Historically, women have deferred financial decisions to male members in the family, but that is changing now. Therefore, it becomes extremely important for women to plan their financial future.

Here are 4 ways in which women can make their financial portfolio inflation proof:

  1. Invest, Save and Then Spend

    Budgeting and planning are important to plan finances and expenses for the month. Traditionally, women have been in the homemaker role and are known to be excellent finance managers. Today is no different from them when it comes to managing money. Women are quite adept at planning and saving.

    Because the dependency of women on Money is limited when it comes to household expenses, the general tendency is to spend money on wants. However, they could slightly modify their approach and focus on investing, then saving and then spending. The equation should be spending = income minus saving / investment.

  2. Invest in equity linked instruments

    When it comes to investment for the long term, nothing beats equities in terms of return. The returns from the equity market also beats inflation in India. However, investing directly in the stock market can be risky and may be subject to fluctuating returns depending on the time of investments and choice of underlying stocks. Here is one such product which is linked to equity markets but does not directly get affected by the downside. Unit Linked Investment Plans (ULIP) by HDFC life such as HDFC Life Click 2 Wealth invest in instruments that are linked to the market.

  3. Protect your child’s future against inflation

    It is important to ensure that your child’s future aspirations such as higher education, studying abroad or doing an expensive course is comfortably fulfilled without any additional burden on you during your retirement or on your child in the form of an education loan. One such plan to support your child’s aspirations and educational goals in the future is the HDFC Life YoungStar Udaan.

  4. Diversify your portfolio

    The golden rule of investment is to never put all your eggs in one basket, especially equity markets. Although market linked instruments beat inflation in the long run, they are volatile. So diversify your portfolio. Equity market returns can be volatile, and you may live to see the downside as well. Equity investing is not suitable for weak-hearted people. Hence, a mix of equity and debt can be a good safety net for your portfolio and can reduce the downside portfolio risk substantially.

Conclusion

Working women have multiple options to invest. They should evaluate all these options carefully and take suitable decisions as per their requirements.

*(Source:https://www.business-standard.com/content/press-releases-ani/budget-2022-india-likely-to-see-a-jump-in-women-workforce-participation-in-urban-india-by-10-percent-122020200634_1.html)

ARN: ED/08/22/28517

Term Plan Articles Term Plan Articles

Investment Articles Investment Articles

Savings Articles Savings Articles

Life Insurance Articles Life Insurance Articles

Tax Articles Tax Articles

Retirement Articles Retirement Articles

ULIP Articles ULIP Articles

Health Plans Articles Health Plans Articles

Child Plans Articles Child Plans Articles

Popular Calculators Popular Calculators

Francis Rodrigues Francis Rodrigues

Francis Rodrigues has a decade long experience in the insurance sector, and as SVP, E-Commerce and Digital Marketing, HDFC Life, manages the online sales channel, as well as digital and performance marketing. He has had hands-on experience in setting up sales channels and functional teams from scratch over a career spanning 2 decades.

LinkedIn profile
Author Profile Written By:
Vishal Subharwal Vishal Subharwal

Vishal Subharwal heads the Strategy, Marketing, E-Commerce, Digital Business & Sustainability initiatives at HDFC Life. He is responsible for crafting and ensuring successful implementation of the overall organisation strategy.

LinkedIn profile
Reviewed By Reviewed By:

Here's all you should know about life insurance.

We help you to make informed insurance decisions for a lifetime.

How Rising Interest Rates Impact Your Investments—and What You Should Do About It

How Rising Interest Rates Impact Your Investments—and What You Should Do About It

How rising interest rates impact your investments and ways to adapt. Stay informed to make smarter financial decisions and protect your financial future.

Preserving Your Investment: How New Tax Rules Affect Real Estate Sales Before 2024

Financial Freedom for Women Entrepreneurs: Unlocking Success with the 50-30-20 Strategy

Baby Steps to a Secure Future: Financial Planning and Wealth Management

Essential financial planning and wealth management strategies for families. Secure your future and confidently navigate parenthood with these key insights.

Baby Steps to a Secure Future: Financial Planning and Wealth Management
4 ways to protect your family’s aspirations from inflation Previous
Dealing with Mental Exhaustion and Burnout While Working Remotely Next
HDFC life
HDFC life

HDFC Life

Reviewed by Life Insurance Experts

HDFC LIFE IS A TRUSTED LIFE INSURANCE PARTNER

We at HDFC Life are committed to offer innovative products and services that enable individuals live a ‘Life of Pride’. For over two decades we have been providing life insurance plans - protection, pension, savings, investment, annuity and health.

Disclaimer

The Linked Insurance products do not offer any liquidity during the first five years of the contract. The policyholders will not be able to surrender/withdraw the monies invested in Linked Insurance Products completely or partially till the end of fifth year.

HDFC Life Click 2 Wealth (UIN:101L133V02) is a Unit Linked Non-Participating Life Insurance Plan.

Life Insurance Coverage is available in this product. For more details on risk factors, associated terms and conditions and exclusions please read sales brochure carefully before concluding a sale. Unit Linked Insurance products are different from the traditional insurance products and are subject to the risk factors. The premium paid in Unit Linked Insurance policies are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions. HDFC Life Insurance Company Limited is only the name of the Life Insurance Company and HDFC Life Click 2 Wealth is only the name of the unit linked insurance contract and does not in any way indicate the quality of the contract, its future prospects or returns. Please know the associated risks and the applicable charges, from your Insurance agent or the Intermediary or policy document issued by the insurance company. The various funds offered under this contact are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns.

HDFC Life YoungStar Udaan (UIN : 101N099V04) is a Non-Linked, Participating, Life Insurance Plan. Life Insurance Coverage is available in this product. For more details on risk factors, associated terms and conditions and exclusions please read sales brochure carefully before concluding a sale.

Popular Search

Popular Searches