Journal of Harmonized Research in Management

COMPARATIVE ANALYSIS OF UNIT LINKED INSURANCE PLANS AND MUTUAL FUNDS

Abstract

Author(s): Priti Rai and Amoah-Binfoh Kenneth

In the 21 century the purpose of insurance mode of risk tran sfer is to provide economic protection against the losses that may be incurred but to chance events such as death, disability, and economic losses. India is still a relatively under penetrated market when it comes to paying for financial advice. Most investors are not comfortabl e paying a fee when it comes to receiving financial advice and even more so in years where the market s ees greater volatility and when there may be potential losses on investments. Mutual fund is the pool of the money, based on the trust who invests