ULIP V/S Mutual Fund

This blog will cover the difference between Mutual fund & ULIP as two different financial products. Find the brief comparative analysis of ULIP & Mutual Fund below:

ULIP

1. It gives a life cover and also generate returns by investing
2. It generally has a lock-in period of 5 years
3. In case of death of policyholder, the family member is compensated with the…