Rising equity markets are bringing investors into mutual funds through SIPs. And insurance companies want to have a pie. Insurers have now increasingly started using terms like NFOs, index, fund, switch, NAV, SIIP, market risks, etc. that are used for mutual fund products. While both offer investments in stock markets, the entry costs, lock-in period, and withdrawal terms differ. Be mindful of the differences.
Rising equity markets are bringing investors into mutual funds through SIPs. And insurance companies want to have a pie. Insurers have now increasingly started using terms like NFOs, index, fund, switch, NAV, SIIP, market risks, etc. that are used for mutual fund products. While both offer investments in stock markets, the entry costs, lock-in period, and withdrawal terms differ. Be mindful of the differences. Rising equity markets are bringing investors into mutual funds through SIPs. And insurance companies want to have a pie. Insurers have now increasingly started using terms like NFOs, index, fund, switch, NAV, SIIP, market risks, etc. that are used for mutual fund products. While both offer investments in stock markets, the entry costs, lock-in period, and withdrawal terms differ. Be mindful of the differences. Moneycontrol Latest News Read More
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