Comments on: Mutual Funds or ULIPs: Which one is a better deal?

By: Norbert Hardisty

Norbert Hardisty — Sun, 04 Dec 2011 13:50:02 +0000

In the business world, most people are paid by 50 percent coins: cash and experience. Take the experience first; the cash can come later.

By: Shan Bose

Shan Bose — Mon, 15 Feb 2010 10:58:42 +0000

Its a common confusion on which is the best investment option. Mutual funds are cheaper, But only in the short run. Over a long period (may be 15 - 20 yrs)ULIP will give you a better return over Mutual funds as the fund management charges are lower than mutual funds. Its a small factor but the FMC are taken on a daily basis by NAV adjestment and over a long period it will eat in to your fund value. Also there are other charges pretaining to MF such as marketing expenses, Custodian charges, Trustee fee, audit fee which are not visible to the investors. Also tax bebefits are not available in mutual funds except for ELSS. ULIPS also provide valuable insurance cover at a cost lesser than Term insurance plans. So a combination Term and Mutual funds is costiler than stand alone ULIP ove the long run.

By: RAMESH

RAMESH — Thu, 28 Jan 2010 07:07:06 +0000

IDBI FORTIS IS HAVING THE BEST EVER ULIP PLAN.NO GIMMICKS.CLEAR CUT RETURNS.

By: Srikanth Matrubai

Srikanth Matrubai — Sat, 02 Jan 2010 16:48:46 +0000

ULIPs are a clear rip-off. They are the most mis-sold product in India. Mutual Funds are clear winners.

By: Neil

Neil — Fri, 11 Dec 2009 18:59:10 +0000

Hi,
I amlooking for ivesting options for a long term, what do u suggest a mutual fund or a ULIP

By: iqwal khan......

iqwal khan...... — Mon, 31 Aug 2009 11:55:36 +0000

Hiiii

Hayy guys if u r thing for less than 15 year than u must go with mutual fund but if u r thinking for more than 15 yr than u must go with a good ulip plan life birla sun life insurance’s classsic life premier……….

By: Sarita

Sarita — Tue, 26 May 2009 11:03:54 +0000

Hi Ranjeet,

The fundamental difference between ULIP & Market Linked Pension Plan by HDFC (i.e. ULPP) is that ULIP refers to Unit-lInked LIFE INSURANCE plan where as ULPP is Unit Linked PENSION plan. There is a difference in how the maturity amounts are disbursed. In ULIPs upon maturity u r paid out the Total Fund Value in lumpsum (or some plans have Settlement option wherein u can take that amount equally spread over 5 yrs from the Date of maturity) but incase of ULPP, upon maturity or the vesting age (the date from which u wish to receive ur pension payout) u have an option to take only 1/3rd of the Total maturity amount (Fund Value) in lumpsum, however of the remaining 2/3rd u’ll have to buy an annuity plan either from the same Co. or some other Life Insurance company in the market and u can receive your pension payouts depending on the mode u have chosen from that provider (either monthly, quarterly, half-yearly or yearly)

By: ajay shah

ajay shah — Thu, 16 Apr 2009 11:45:13 +0000

Sir,
Whether maturity amt under ULIP & ULPP are taxable or tax free? Can i withdraw some amt every month (like monthly pension) under ULIP scheme? Where to invest maturity corpus under ULIP? Does it remain invested with the same insurer or investor wil have option to invest in annuity of any other insurer?

Thnx

By: Ranjeet Jha

Ranjeet Jha — Tue, 31 Mar 2009 06:32:02 +0000

Sir,

What is the fundamental difference between a ULIP and Market Linked Pension plan of HDFC. I am looking at buying a policy @10,000 pm for 25 years. A reply is highly appreciated.

Regards,