Investment Objective The prime objective of scheme is to deliver the benefit of investment in a portfolio of equity shares, while offering tax rebate on such investments made in the scheme under section 80 C of the Income-tax Act, 1961. It also seeks to distribute income periodically depending on distributable surplus. Asset Allocation Instrument % … Continue reading »
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ULIP vs MF(Part 2)
ULIP vs MF If an insurance company comes up with a low-cost product, they fear losing out on business. It’s not easy to choose the best Ulip. When a person needs to advise a client on which mutual fund to invest, he can check websites to know the best-performing schemes over three to five years. … Continue reading »
ULIP vs MF(Part 1)
ULIP vs MF Investor paid a premium of Rs20,000 to invest in a unit linked insurance plan (Ulip) in October 2005. At the end of one year, when he received the policy statement, he was surprised to see that the total value of his investment was just Rs9,075. He wondered where the balance Rs10,925 had … Continue reading »
Five pointers to Mutual Fund performance
Five pointers to Mutual Fund performance More often than not meritocracy of investments is often decided by the returns. Quite simply then a fund generating more returns than the other is considered better than the other. But this is just half the story. What most of us would appreciate is the level of risk that … Continue reading »
