Comments on: ULIPs better than Mutual Fund + Term Plan Combination

By: Ok

Ok — Fri, 03 Sep 2010 17:45:48 +0000

Absolute rubbish… factually incorrect also

By: Neerav Parekh

Neerav Parekh — Wed, 24 Mar 2010 10:00:14 +0000

As mentioned in the article, according to the new IRDA ruling, all charges combined cannot exceed 2.25% for an ULIP over 10 yrs. The comparison made takes into account all possible charges for both the products. MF are cheaper than ULIP if you don't want a life cover. In case you do, the combination of MF+Term plan works out to be costlier.

By: Neerav Parekh

Neerav Parekh — Wed, 24 Mar 2010 09:52:59 +0000

I agree to the second point which I have mentioned in the article. However, the first point is incorrect. The entry load in MF has been abolished and not the Annual Fund Management Charge which ranges from 1% to 2.5% depending on type of fund.

By: hemang_panchmatia

hemang_panchmatia — Tue, 23 Mar 2010 18:50:06 +0000

but the same charges are extrememly high for ULIP's…. basically comparison has to be ALL charges on both products…..mf are still cheaper as compared to ulip

By: hemang_panchmatia

hemang_panchmatia — Tue, 23 Mar 2010 18:48:52 +0000

Hemang Panchmatia – dont agree with this one….. MF expenses have been taken at 2.25% while it should be 0%
Also, the difference in payment in case of death, still makes MF+term a better investment