Mutual fund vs SIP: Mutual fund is one of the options available for investment. SIP splits investment amount and investor can invest pre decided money in regular intervals.
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.
What is SIP? What are types of SIP? Read all about Systematic Investment Plan SIP, pros and cons of SIP, how to invest in SIP, how does a SIP work on b4investing
Equity mutual funds basically are ones which primarily invests in stocks. He basically invests in a basket of stocks and can get benefit of the bunch of stocks and diversify his investment rather than buying a single individual stock and having a concentrated approach. These equity funds invest directly into stocks and give highest rate of return but the risk involved is also higher.