LIC – What is the difference between ULIP and Mutual Fund? The product structure In terms of product structure, excluding risk coverage there is only a small difference between ULIP and Mutual fund scheme. Both market linked for returns, and they will both carry market risk. Based on the investor’s selected stock performance, his returns [...]
Mututal Fund
What is LIC Mutual Fund?
LIC Mutual Funds It is a professionally managed type of collective investment scheme that pools money from many investors and invests typically in investment securities (stocks, bonds, short-term money market instruments, other mutual funds, other securities, and/or commodities such as precious metals). In accordance with the fund’s investment objective the mutual fund will have a fund [...]