Ever since the LTCG tax was announced in the Budget, insurance companies have been busy highlighting the tax-free nature of Ulips. But the taxability of income is not the only parameter on which an instrument should be judged. ET Wealth examined Ulips and mutual funds on seven key parameters. Ulips nearly knocked out mutual funds in the taxability round. Read on to know how it scored in the subsequent bouts and which of the two eventually emerged winner.
75 years to reach per capita income of $2730, will take only 5 years to add another $2000, FM Sitharaman
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