CHOOSING THE RIGHT FUND OPTION

Unit-Linked Insurance Plans (ULIPs) come with an in-built range of fund options to choose from – ranging from aggressive funds (primarily invested in equities with the general aim of capital appreciation) to conservative funds (invested in cash, bank deposits, and money market instruments with the aim of capital preservation) – so that you can decide to invest your money in line with your market outlook, time horizon, and your investment preferences and needs. If you have a high risk appetite, you should opt for a more aggressive investment option, and vice versa.



Additionally you also have the advantage of switching fund options to make your investments work in tandem with the market. These days, various ULIPs also offer the options of life stage funds which keep dynamically altering themselves without you having to do any monitoring on your own.