what is the difference between ULIP & MUTUAL FUND?

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what is the difference between ULIP & MUTUAL FUND?

2006-12-09 18:29:57 · 4 answers · asked by sandeep 1 in Business & Finance ➔ Investing

4 answers

ULIP is Unit Linked Insurance Policy. It works on the principle of Mutual Fund, but has an element of Insurance, inbuilt.

2006-12-09 18:44:16 · answer #1 · answered by Jeet 2 · 0⤊ 0⤋

ULIP is Unit Linked Insurance Plan and is one of the Mutual Funds available in the market.

2006-12-09 19:31:51 · answer #2 · answered by Meeto 7 · 0⤊ 0⤋

ULIP is a Mutual Fund with insurance benefits.

2006-12-09 18:37:45 · answer #3 · answered by Anonymous · 0⤊ 0⤋

expensive, MF is extra perfect than ULIP MF no the front end expenditures now yet you may want to pay fee for ULIP Then no coverage for MF yet ULIP have many coverages. examine earlier make investments.

2016-11-25 02:03:39 · answer #4 · answered by delosreyes 4 · 0⤊ 0⤋