SEBI Disallows Bundled Plans, So Should You Buy A ULIP? | The ET Money Show | ET Now
22:40
Times NowTimes Now Digital
SEBI Disallows Bundled Plans, So Should You Buy A ULIP? | The ET Money Show | ET Now
Securities & Exchange Board of India asks the Association of Mutual Funds in India to tell its members to stop issuing mutual fund schemes bundled with insurance plans. AMCs would charge a higher expense ratio for managing the two products, but the insurance products were never managed by mutual funds, it was always outsourced. Therefore, does ...
Jun 24, 2022
Unit-linked Insurance Plan Explained
Turn ₹50,000 a year into a powerful future with LIC Index Plus Investment Protection. One smart decision. Product Details – LIC Index Plus (Plan 873) LIC Index Plus (Plan 873) is a Unit Linked Insurance Plan (ULIP) that offers the dual benefit of investment growth and life insurance protection, making it ideal for long-term financial planning. Key Features & Benefits: Annual investment of ₹50,000 with a policy term of 25 years Life cover of 10 times the annualised premium (₹5,00,000) under Optio
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