• 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

Investment Plans

Investment Plans are financial products that provide the opportunity to create wealth for future. The Best Investment plan offers ...Read More

Explore the range of investment plans from HDFC Life that suit your needs:

With investment plans from HDFC Life you can opt for market linked returns or guaranteed1 returns as per your financial goals -


We respect our customers' privacy and do not spam them.

I authorize HDFC Life and its representatives to contact me through Call, Email, SMS or WhatsApp. This consent overrides my registration under DNC / NDNC (this would mean we would contact you even if you are registered on any Do Not Disturb list).

Investment Plans
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:

What is an Investment Plan?

What is an Investment Plan?

An Investment Plan is a strategic outline of an individual or organisation’s approach to how they want to deploy their funds for financial growth. Make sure that clear objectives, time horizons, and a thorough assessment of your risk tolerance always guide your investment plan. This will help you help you pick the right investment vehicles best suited to your needs. These may include - stocks, bonds, mutual funds, or real estate.

Investment plans based on diversification and periodic reviews help bring optimised returns via well-managed risks. Whether planning for retirement, education, or wealth accumulation, a structured Investment Plan must help one navigate the ever-changing scenario of financial markets.

22 Investment Plans to choose from

Below listed are types of investments from which you can select the most suitable one for yourself as per your financial goals -


Public Provident Fund (PPF)

Traditionally considered to be among the best and safest investment modes in India, PPF is one of the most popular small savings scheme. PPF account holders can invest up to Rs 1.5 lakh in a financial year while the minimum deposit required is Rs 500. Deposits can be made in lump-sum or in 12 installments. PPF deposits qualify for deduction from income under deductions under 80C  of the Income Tax Act. In terms of income tax implications, PPF accounts also qualify for EEE (exempt, exempt, exempt) tax category, which means an investor is not liable to pay tax at all three levels - investment, earning and withdrawal.


Mutual Funds

Mutual fund dealers allow you to compare the funds based on different metrics, such as level of risk, return, and price. Also, as the information is easily accessible, the investor will be able to make wise decisions. Besides, Mutual Funds offer benefits in liquidity and professional management. ELSS is a type of mutual fund that can help you have tax under 80C also you should consider mutual fund fees.


Direct Equity

Direct plans help you to save money on commissions and marketing-related expenses. This small saving is invested in the scheme and it may help you to make extra returns over a long period.


Real Estate Investment

Investment in real estate is one of the most lucrative and beneficial in India, as the potential for development is huge and the market is growing.


Gold investment

Gold investments help you diversify your portfolio and hedge against market volatility. The investment can beat high inflation rates, making it a safe option. Gold investments don’t require market knowledge, making it easy for everybody to safeguard their money for the future. Crucially, gold investments have high liquidity, proving useful during financial emergencies.


Post Office Saving Scheme

The Post Office Savings Scheme is a government-backed investment scheme. It helps individuals grow a corpus for the future with a range of savings and deposit options that have attractive interest rates. These investments provide guaranteed returns, making them a low-risk investment option.


Company Fixed Deposits (FDs)

Non-Banking Financial Companies and other RBI-licensed financial institutions offer company fixed deposits. Investors benefit from a fixed interest rate through the tenure, providing stable returns.


Initial Public Offerings (IPOs)

IPOs allow the sale of securities to the public through the stock market. The investments offer high growth opportunities and the potential for significant returns in the long run. However, they are high-risk options and could deplete your resources if the company does not perform.


ULIPs (Unit Linked Insurance Plans)

ULIPs offer a range of benefits and provide the joint benefits of investment and insurance. Known for tax benefits, ULIPs are among the top investment mediums in India.



Bonds are low-risk, fixed-income securities that provide investors with a steady income stream. They help investors diversify their portfolios and balance high-risk investments. Many government bonds offer inflation-adjusted returns, making them a stable investment for the future.


Bank FD

Bank fixed deposits are extremely popular in India. Coming with cumulative/non-cumulative options, bank FDs offer fixed returns over the investment tenure and the returns are payable on a monthly, annual or bi-annual basis, depending on the bank policy.


Senior Citizen Savings Scheme (SCSS)

The SCSS is a government-backed scheme specifically for investors over 60. It provides a steady income stream and tax benefits, making it a low-risk option. Generally, the SCSS offers a higher interest rate than other options, making it a good option for senior investors.


RBI taxable bonds

The Government of India periodically issues RBI Taxable Bonds to raise funds for various projects. These bonds are safe and secure and offer assured returns over the tenure. Investors can preserve their capital while earning returns.


National Pension Scheme

It is a government-organized pension product for the employees of all the sectors in India and offers plans based on equity debt, corporate debt and government bond. In NPS a minimum contribution of Rs 6,000 a year is required while there is no upper cap.

HDFC Life offers saving and investment plans for securing your finances and helping you build your financial base.


Life Insurance

Life insurance policies offer life insurance coverage while providing a savings or investment component. Policies such as Savings Plans or Retirement Plans offer avenues to grow your funds for the future while protecting your family in the present. The beneficiary receives the sum assured payout if anything happens to the investor during the policy term. On survival, the policyholder earns the maturity benefits.


National Savings Certificate (NSC)

National Savings Certificate (NSC) is a savings option by government which is backed by fixed-income investment scheme offered by India Post. You can get guaranteed returns from this financial tool.


Equity-linked savings scheme (ELSS)

These are mutual funds and they invest in the equity shares of different companies. If you invest in an ELSS tax saver fund, you can enjoy tax benefits under Section 80C of the Income Tax Act, 1961.


Sovereign Gold Bonds (SGBs)

Sovereign Gold Bonds (SGBs) are government-backed securities issued by RBI. They are denominated in grams of gold. They offer a secure and affordable way to invest in gold without the need for physical storage. With fixed interest rates and a maturity period of 8 years, SGBs provide investors with both capital appreciation and periodic interest income.


Monthly Income Plans (MIPs)

Monthly Income Plans (MIPs) are investment options that aim to provide regular income to investors. They combine debt and equity instruments, to strike a balance between income generation and capital appreciation. Investors receive periodic payouts, making these suitable for those seeking stable returns with moderate risk.


Employee Provident Fund (EPF)

Employee Provident Fund (EPF) is a retirement benefit program in which both employers and employees contribute 12% of the employee's salary.


Atal Pension Yojana (APY)

Atal Pension Yojana (APY), a pension scheme for Indians working in the unorganized sector. Under this scheme, subscribers gets a guaranteed minimum pension of Rs. 1,000/- or 2,000/- or 3,000/- or 4,000 or 5,000/- per month at the age of 60 years depending on the contributions made by the subscribers.


Sukanya Samriddhi Yojana (SSY)

Sukanya Samriddhi Yojana is an investment scheme designed by the Government of India, which is aimed at the betterment of girl child in India. It was launched to help parents build a corpus for higher education and other expenses of their girl child.

How do you choose a Best Investment Plan?

Here are some essential factors to keep in mind when selecting the best investment plan:


Understand Your Financial Goals

Define your short-term and long-term financial objectives, which may include - buying a home, funding education, or retirement.


Assess Your Risk Tolerance

Evaluate your comfort level with risk. Choose investments that align with your ability to handle market fluctuations.


Consider Your Time Horizon

Decide for how long you plan to invest. Keep in mind that with longer time horizons, you can try aggressive strategies. But if you have short-term goals, it is best to take a conservative approach.


Do your research

Compare, review past performance, take feedback and gather inputs on different investment vehicles before you decide on your mix.



It is best to pick investment instruments from different asset classes like stocks, bonds, and real estate to reduce risk and optimise the returns.


Professional Guidance

Nothing beats taking advice from financial experts. They offer personalised insights best suited to your financial needs and situation to ensure the best returns.


Costs and Fees

Be aware that all investment plans come with associated fees and charges. These do impact returns, so thoroughly do a detailed analysis of these before investing.


Monitor and adjust regularly

It is important to be involved with the progress of your investments. Periodically review and adjust your portfolio to ensure it remains aligned with your evolving financial goals.

Remember, when choosing an investment plan, you must know your financial objectives, liquidity needs, investment horizon and risk appetite.

Benefits of Investment Plans

Investment plans offer a variety of benefits. When it comes to selecting the best investment plan for yourself you need to assess the benefits of a particular investment plan vis-à-vis your financial goals and aspirations. Below are some of the common benefits of best investment plan:

Wealth Accumulation with Investment Plans

Wealth Accumulation

The primary objective of every investment is to build and accumulate wealth for the future. PPFs and FDs help grow wealth steadily over time. One time investment plan (like PPF and FD) can help you achieve growth of wealth without incurring major risks.

Meeting Financial Goals with Investment Plans

Meeting Financial Goals

Investment avenues such as ULIPs, the NPS, and Retirement Plans empower you to build wealth to meet specific financial goals.

Beating Inflation with Investment Plans

Beating Inflation

Investments in gold, real estate, and inflation-adjusted bonds help you build wealth to ensure inflation does not impact your standard of living.

Earn Passive Income with Investment Plans

Earn Passive Income

You can invest additional funds in various avenues to earn a passive income over your salary. A passive income stream helps you build a financial safety net for the future.

Tax  Benefit with Investment Plans

Tax Benefits

Several investment avenues, including ULIPs, PPFs, NPS, taxable bonds and money back policy, provide tax benefits to investors. Individuals can claim deductions against the amount invested to minimise their tax liability. Additionally, some maturity returns and life insurance payouts are also tax-free.

Financial Independence

Financial Independence

Investments help you accumulate wealth for the future, empowering you to remain financially independent, even in your golden years. Best Investment options are designed to help you achieve financial independence as per your financial goals.

Looking After Loved Ones

Looking After Loved Ones

Investing in life insurance policies and plans with life coverage ensures you look after your loved ones, regardless of what life brings your way. These plans provide a payout to your beneficiary, enabling them to take care of debts, maintain their standard of living, or fulfill future goals.

Investment plans from HDFC Life

We can help you find the best investment plan that meets your unique financial needs.

Which HDFC Life ULIP Plan is ideal for you?

At HDFC Life, we have several ULIP Plan options, so you can find one that best meets your financial needs. Our Top Recommended Solutions Suitable for you

Hear from the experts

Vishal Subharwal

Vishal Subharwal

Chief Marketing Officer & Group Head

Hear from the experts

Quote StartHDFC Life has a perfect solution for all your investment needs along with a life cover. Our guaranteed savings plan can help you get 100% guaranteed returns without worrying about market fluctuations. Whereas our ULIPs provide you the opportunity to invest in market linked assets helping you build your wealth to fulfill your financial goals.Quote Start End

Tax Benefits with Investment Plans 

As per prevailing tax laws investment instruments are taxed differently. The below table demonstrates the tax benefits available to respective investment plans -


Type of Investment

Tax Benefits


The amount invested is deductible under section 80C of Income Tax Act,1961 subject to the limit of Rs.1,50,000/- which includes deductions for other items as well. The maturity & interest amount earned in exempt under section 10 of the Act

Mutual Funds

Mutual funds consist of units invested in various funds like equity, debt or hybrid. 

The investment in Equity-Linked Mutual Fund schemes is eligible for tax deductions under Section 80C of the Income Tax Act.

Direct Equity

Investments are not eligible for tax deductions and the proceeds are fully taxable. 

Real Estate Investment

These investments are fully taxable, depending upon whether the investment is short term or long term.

Gold Investments

Investments in gold are fully taxable, depending upon whether the investment is short term or long term.

Post Office  fixed deposit

Investments in five-year deposits are eligible for tax deductions under Section 80C of the Income Tax Act. 

Company Fixed Deposits

Interest earned on fixed deposits is taxable.


Investments in IPOs are not available for tax deduction and earnings are treated as capital gains, which attract taxes.


Premiums you pay for your ULIP are eligible for tax benefits under Section 80C of the Income Tax Act 1961. You can claim a maximum deduction of Rs. 1, 50,000 per year under this section, subject to the conditions mentioned therein. 

Tax exemption on maturity proceeds will be available on ULIP plans if premium paid in any of the years does not exceed Rs.2,50,000 and the same does not exceed 10% of the death sum assured.

The death benefit paid to your beneficiary or nominee is not taxable. They will receive the entire sum assured without having to pay any tax.


Interest earned and capital gains on bonds are taxable.  

Bank FDs

Interest earned on fixed deposits is taxable. However, benefit is available to senior citizens up to Rs.50,000/-


Investments are tax deductible under Section 80C subject specified limit of Rs.1, 50,000/- Interest earned is taxable. However, senior citizens can claim a deduction of up to Rs. 50,000 per year on interest earned under Section 80TTB#


Deduction of contribution to NPS can be claimed under section 80CCD of the Income Tax Act,1961 including additional deduction of Rs.50,000/- under section 80CCD(2) #. However, total deduction shall not exceed Rs.1, 50,000/- as prescribed under section 80CCE#.

Up to 60% of the maturity corpus can be withdrawn tax-free.

Life Insurance

Premiums you pay for your life insurance plans are eligible for tax benefits under Section 80C of the Income Tax Act 1961*. You can claim a maximum deduction of Rs. 1, 50,000 per year under this section, subject to the conditions mentioned therein. 

Maturity benefits are exempt for policies where premiums paid in any of the years are less than Rs.5 lakhs and the same does not exceed 10% of the death sum assured.

The death benefit paid to your beneficiary or nominee is not taxable. They will receive the entire sum assured without having to pay any tax.

Investment Plans Based on Risk Appetite

While evaluating your investment plan, you must consider your risk appetite. Individuals with a high-risk appetite are willing to take more risks to earn higher returns. However, those with a low-risk appetite will likely stick to safer investment opportunities. The returns may not be as great, but there’s limited exposure to market risk. Let’s understand better how your risk appetite impacts your investment choices.
High returns Investments

High-Risk Investments

Most market-linked investments are considered high-risk. They could offer very high returns. However, they depend on the market and can be volatile. Stocks, mutual funds, IPOs and equity-heavy Unit-Linked Insurance Plans are all considered high-risk investments.

Medium-Risk Investments

Medium-Risk Investments

These investments aim to balance risk with reward. They mix high-risk investments with safer options that provide steady returns during market downturns. Debt and balanced mutual funds, government and corporate bonds, and gold investments fall in this category.

 Low Risk Investments

Low-Risk Investments

Low-risk investments expose you to limited or zero risk. PPF, NPS, Post Office Savings Scheme, Bank and Company FDs, SCSS, RBI Taxable Bonds, and Traditional Life insurance plans all fall under the low-risk category. Safest investment options as the ones mentioned helps you grow your wealth even after investing in low-risk investments.

When Should You Start Investing in Investment Plans?

Are you bothered by the question - What is Investment?

Investment is a journey and not a destination. It is a process where you will be making a series of financial decisions with one goal, earning returns and achieving your financial goals without taking too many risks. Investing when you're young is best however you can invest as soon as reasonably possible if all your debt is paid off and you have already built an emergency fund that will provide you with a minimum of 3 months income if you lose your job, then go right ahead and invest immediately whether you are 20, 30 or even 50 years old. You can use the online investment calculator and calculate the amount you will get as a return on your investment with just a few simple inputs like amount of investment, time period, expected rate of return and frequency of investment. In case you want to invest for your retirement needs then you can evaluate the corpus you need with the help of the retirement calculator and if you want to assess your pension requirement then you can use the pension calculator.


Why Should You Invest in the Best Investment Plan?

Investing is an act of committing your savings to an endeavour, with the objective of increasing your wealth and earning additional income or profit.

With every milestone in your life, you make sure your family's dreams and necessities are fulfilled, you are able to plan and take vacations, get married, go abroad to study, attend to unforeseen events, etc. Hence, we need to plan and invest our savings which will depend on what are your financial goals are. These investments will help you accomplish those goals and help you attain your financial independence by putting your money to work.

What documents are required to buy investment plans?

Income Proof

Address Proof

Age Proof

Identity Proof

Salaried Individuals

Self Employed

Voter ID

Pan Card


Form 16

Form 26 AS

Aadhar Card

Pan Card

Bank statement showing your salary credit.

IT returns of previous 2 years not filed together along with income calculation



Voter ID

IT returns of previous 2 years

Income computation, if not available then years of ITR not filed together

National population register containing address, aadhar number and name.

Municipal Birth certificate


P&L account and CA balance sheet of previous 2 years

Any other document issued by the central government.

Voter ID

FAQs about Investment Plans

1 What is the difference between a savings plan and an investment plan?

The terms 'saving' and 'investing' are often used interchangeably, but this isn't always accurate. Savings and investments are two different types of financial tools that are used to fulfill different needs.

Savings: This refers to setting some money aside to be used in the future. The money is usually kept in a savings account and can easily be accessed, especially in emergency situations.

Investment: On the other hand, investment refers to buying assets like bonds, stocks, real estate or mutual funds to help your money grow.

While a savings plan enables you to build up a corpus over time, an investment plan provides you with an avenue where you can help your money grow.

2 Why Should I opt for an Investment Plan?

Each and every one of us has some goals that we would like to achieve. A good investment plan is absolutely crucial in order for us to realize these goals. In today's atmosphere, simply earning and saving is not enough. In order to be able to afford a home or a financially-secure retirement, it's vital that you find investment avenues that will allow you to grow your money over time. Remember, it's important to have a goal in mind before you start investing this will enable you to streamline the process.

3 Should I opt for a Short-term or Long-term Investment Plan?

The answer to this will depend largely on your financial goals. However, it's always a good idea to have a good mix of both short- and long-term investments in your portfolio. Short-term investment plans will enable you to achieve your short-term financial goals, such as building up enough money to purchase a car, while a long-term investment plan could enable you to achieve your long-term goals like building up enough money to purchase a house. On the whole, long-term investment plans are generally preferred since it is a safer investment tool, which can be used to enjoy better returns in the long run.

4 How much can I withdraw from my investments?

There are no set rules and you can withdraw periodically unless there is a lock-in-period. You can withdraw a lump sum amount or as and when required. However, you should withdraw only if you need money for an emergency or for a specific goal. If you make a profit, you can reinvest the money but before you do, take into consideration the fees and taxes you will be paying for every time you do this.

5 What is the safest investment with highest refund?

There are many investment avenues that can give you good returns but If you are not sure, then you need to analyse your requirement and risk appetite to consider a certain investment option as the best. Indians generally prefer to invest in government-backed instruments since they are considered safe but the following options can also give you good returns

  • Fixed Deposit (FD)

  • Public Provident Fund (PPF)

  • National Pension Scheme (NPS)

  • Gold

  • Equity-Linked Savings Scheme (ELSS)

  • Recurring Deposit (RD)

  • Real Estate

6 What is the 72 rule in investing?

The rule of 72 in investing refers to a formula that helps you understand how long it takes for your investment to double. Start by determining your annual return rate. Divide 72 by your return rate to estimate the number of years your investment will take to double. For example, if you earn 8% returns, you can expect your corpus to double in nine years.

7 How can I grow my money fast?

Many high-risk investments provide quick and high returns. However, they expose you to very high risks. Evaluate a mix of high-risk and medium-risk investment options to identify the ideal way to build your money quickly.

8 What is the safest investment?

The safest investment option depends on the risk appetite of the investor. Any investment that helps you grow your wealth steadily is safe. You can evaluate your risk appetite and find plans that offer minimal exposure to risk while building a corpus for the future.

9 Should I invest in gold?

Gold is a sound investment since it can help diversify your portfolio and offer a hedge against inflation. However, you must understand your financial needs before making any investment.

10 Is a 10% return on investment realistic?

Yes, some investment options offer 10% returns. However, remember that a fund’s historical performance does not guarantee the same returns in the future. Ensure you understand the risks and rewards involved before investing. or you can consult with an expert to understand the same.

11 How can you double your investment in five years?

For example if your investment plan is offering at least 15% returns will help double your investment in five years. Ensure you consider all your options and invest in plans that manage your risk while providing steady returns.However, the returns also depend on the performance of the commodity in which the money is invested.

12 Which plan is best for investment?

The best investment plan is the one that suits your financial goals. It must also match your risk tolerance and meet your time horizon. Consult with a financial advisor before you select your investment bouquet.

13 What is the 15 * 15 * 30 rule?

According to the 15 * 15 * 30 rule allocate 15% of your income to short-term savings, 15% to long-term investments, and 30% to daily living expenses. This helps create balance in your financial planning.

14 Which investment gives the highest return?

Stocks, real estate, and mutual funds have always been high-return investments. However, it is vital to consider your risk tolerance and investment goals before making decisions.

Talk to an Advisor right away

Not sure which insurance to buy?

Talk to an
Advisor right away

Talk to an Advisor right away

We help you to choose best insurance plan based on your needs

HDFC life
HDFC life


Reviewed by Life Insurance Experts


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.

1.Provided all due premiums have been paid and the policy is in force.

2.Applicable on choosing a policy term as (100 - age at entry) years.

3.This applies to Income Variant, whereby guaranteed income is paid on survival of Life Assured during the policy term, provided all due premiums are paid during the premium payment term

4. Additional Sum Assured on accidental death is paid under Extra Life Option.

5. Sum Assured multiple up to 100x depending upon entry age, premium payment term & policy term.

8. Assured maturity benefit will be paid only on policy maturity provided all due premiums have been paid and will not apply on death or surrender.

* Subject to conditions specified u/s 80C of the Income tax Act, 1961. # Subject to conditions specified u/s 10(10D) of the Income tax Act, 1961. The Unit Linked Insurance products do not offer any liquidity during the first five years of the contract. The policyholders will not be able to surrender or withdraw the monies invested in Unit Linked Insurance Products completely or partially till the end of fifth year. HDFC Life Sanchay Plus (UIN: 101N134V22) is a non-participating, non-linked savings insurance plan. HDFC Life Sanchay Fixed Maturity Plan (UIN:101N142V05) is a Non-Linked, Non-Participating, Individual, Savings, Life Insurance Plan. Life Insurance Coverage is available in this product. HDFC Life Smart Protect Plan (UIN: 101L175V02) is a unit linked, non-partcipating individual life insurance product. HDFC Life Sampoorn Nivesh (UIN No: 101L103V03) is a Unit Linked Non Participating Life Insurance Plan. Life Insurance Coverage is available in this product HDFC Life Click 2 Wealth (UIN:101L133V03) is a Unit Linked Non-Participating Individual Life Insurance Plan. Unit Linked Life Insurance products are different from the traditional insurance products and are subject to the risk factors. The premium paid in Unit Linked Life 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 Insurance Company, The name of the company, name of the contract 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 of the insurer. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns.

18. Save 46,800 on taxes if the insurance premium amount is Rs.1.5 lakh per annum and you are a Regular Individual, Fall under 30% income tax slab having taxable income less than Rs. 50 lakh and Opt for Old tax regime. 

#Tax benefits & exemptions are subject to conditions of the Income Tax Act, 1961 and its provisions.

#Tax Laws are subject to change from time to time.

#The customer is requested to seek tax advice from his Chartered Accountant or personal tax advisor with respect to his personal tax liabilities under the Income-tax law.

19. In ULIP Plan, the investment risks in the investment portfolio is borne by the policyholder. @17.29% p.a. rate of return. Rate of return shown is fund performance of Diversified Equity Fund (for last 5 years). Please note that past fund performance is not indicative of future performance fund. Life Insurance is available in this plan. T&C Apply.

ARN - ED/03/24/9993