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What is the difference between ULIP & MUTUAL FUND?


What is the difference between ULIP & MUTUAL FUND?

ULIP is Unit Linked Insurance Policy. It works on the principle of Mutual Fund, but has an element of Insurance, inbuilt.

ULIP is a Mutual Fund with insurance benefits.

ULIP is Unit Linked Insurance Plan and is one of the Mutual Funds available in the market.

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