A unit linked insurance plan is an investment product wrapped with an insurance cover. It’s a market linked product that lets you invest in a range of investment funds ranging from pure equity to debt. You can also switch between funds to ensure you maintain your asset allocation. The same is also true for the National Pension System (NPS). What’s more is switch in both the products is completely tax-free. We give you the details.
Mutual Funds: Small, mid cap funds saw massive surge in folios in March
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