Motilal Oswal
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Motilal Oswal
Personal Finance

ULIP: A story of good "investment" product, unfairly judged for its insurance capabilities

Updated : March 18, 2019 02:18 PM IST

ULIPs are affected by the market churn, which impacts the return on investment; they are also not bought from the perspective of weaving a safety net but focuses on long-term wealth creation.  
Just as industry needs to be patted on the back for the transformation of ULIPs today, we also need to take responsibility for designing a product, which went against all principles of investment and consumer interest, which gave it a bad name!
ULIP: A story of good
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