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Ulips Stagnate As Investors Switch To Mutual Funds
Additional yearly inflows into Ulips stood at Rs 790 crore between April and February for financial year 2018-19: IRDAI.
05 Apr 2019, 01:14 PM IST
Net inflows into unit-linked insurance plans have shown sluggish growth over the past few years as investors switch to mutual funds.Additional yearly inflows into Ulips—for fresh plans bought every year— stood at Rs 790 crore between April and February for financial year 2018-19, according to data shared by Insurance Regulatory and Development Authority of India under the Right to Information Act. That compares with Rs 4,942 crore ne...
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