ULIP

LIC ULIP and Mutual Fund

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 [...]

What is ULIP? Unit Linked Insurance Plan

 LIC United Linked Insurance Plan: In India investments in ULIP are covered under Section 80C of IT Act. Itcame into play in the 1960. Unit Linked Insurance Plan provides for life insurance According to the value of the underlying assets at the time provides for life insurance where the policy value at any time varies It provides [...]

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