Full form of ULIP is Unit Linked Insurance Plan, a type of life insurance policy, which offers you investment and insurance together. Read all about ULIP | ULIP or Mutual Fund on b4investing.
It is compulsory to open a Demat account if a person wants to buy or sell equity or debentures. But mutual fund investor has an option to store securities in Demat account.
What is Contra Mutual Fund – fund managers buy shares that are not recognized in the market but in the long run its value increases as the markets recover.
The Association of Mutual Funds in India (AMFI)’s latest data shows that less than 1.5% of Indians invest in mutual funds. And, 45.7 percent of the households in the United States owned mutual funds.
