Which one do you prefer, Mutual Funds or ULIP ? Which is Better for short term investing?
Can you Explain 3 Major Differences Between the two?
2007-02-07 00:44:48 · 6 answers · asked by James 2 in Business & Finance ➔ Investing
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That is usually most helpful to me for questions of this nature....
2007-02-07 00:55:58 · answer #1 · answered by CassandraM 6 · 0⤊ 0⤋
ULIP is unit linked insurance plan. Means , part of your money will be invested in shares like a mutual fund and the other part will be in Govt.Bonds
In ordinary mutual funds you do not have insurance. ULIP is better
2007-02-07 01:01:20 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Main differences between ULIP and ordinary mutual funds is variation in expenses — administrative charges, mortality charges and, of course, fund management fees.
2007-02-14 18:42:38 · answer #3 · answered by velmicro 2 · 0⤊ 0⤋
ULIP is certainly less risky. But I use to like MF. Nowadays I go with muni bonds or something conservative.
I Cr 13;8a
2007-02-07 01:16:00 · answer #4 · answered by ? 7 · 0⤊ 0⤋
go 4 seprate dish
ulip like veg nonveg mix
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2007-02-07 20:53:47 · answer #5 · answered by dinu_pawar 5 · 0⤊ 0⤋
pricey, MF is extra perfect than ULIP MF no the front end costs now yet you should pay fee for ULIP Then no coverage for MF yet ULIP have many coverages. examine in the previous make investments.
2016-11-25 23:19:33 · answer #6 · answered by Anonymous · 0⤊ 0⤋