Real estate as investment is a thing of the past. We all know of how Bollywood stars are securing their future by purchasing flats and farmhouses around the town and countryside.
Shah Rukh is said to be creating another 'Mannat' in Dubai too.
But here's a recent development we got to know of. As it seems Shah Rukh Khan, Saif Ali Khan and Akshay Kumar are investing heavily in the of Life Insurance Corporation of India!
The government-run insurance company, the largest in the country, came up with a particular scheme that has got all the stars hooked on.
Our source tells us that the scheme ensures a guaranteed rate of returns.
"Moreover, it also carries a risk cover six times the maturity sum assured in the first year. In the subsequent years, it becomes two times the maturity sum because the scheme guarantees a certain percentage of income every year. Now here's the best part – the interest earned on this investment is totally tax-free," says the source.
Clearly our market savvy stars would be fools to let go of such a wonderful scheme to multiply their money. So when their financial advisors came to them with the idea, Shah Rukh, Saif and Akshay promptly jumped at it.
So just how much have these men invested?
From Buzz18.com
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