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Difference Between ULIP and Mutual Fund
Unit Linked Insurance Plan (ULIP) and Mutual Fund (MF) both are investment options but most of the people are confused whether to choose ULIP or MF. Many people are purchasing ULIP as it covers insurance as well as investment. Another main reason people buying ULIP is because of its agents. For mutual funds, there will [...]
Understanding ULIP and Mutual Fund
Unit Linked Insurance Policy (ULIP) is a life insurance policy which provides a combination of risk cover and investment. Mutual fund is purely investment and it is also called as collective investment in US. The money collected is invested in capital market instruments such as shares, debentures and other securities. ULIP is similar to mutual [...]