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  • News From Press How mutual funds score over ULIPs, despite new LTCG tax

    How mutual funds score over ULIPs, despite new LTCG tax

    Source: ET Mar 7, 2018

    Recently, we came across a person who was mis-sold a ULIP. Yes, mis-selling of ULIPs still continues. This lady got a call from her insurer, a reputed private sector insurance company, she was told that the ULIP she had purchased earlier was not performing well, and the company is discontinuing it. The company suggested that she should buy a new ULIP with better prospects. The lady fell for it and completed all the formalities as directed by the agent. But she was shocked when her bank account w ..

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