The Budget 2018 has come out with the big surprise. Now stocks and equity mutual funds will be subject to Long Term Capital Gains Tax. But not insurance or ULIPs. And this has got you and me thinking and confused. The question is it time to prefer ULIPs over MFs? There is a short answer to […]
ULIPs vs Mutual Funds – It’s the cost, stupid!
It is being said that ULIPs will underperform mutual funds. Reverse it – Mutual Funds will deliver better returns than ULIPs, for one simple reason – the lower costs of mutual funds. Here is a comparison of 2 ULIPs from 2 of the market leaders ICICI Pru Life Insurance and HDFC Insurance. Pitted against them […]
