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Query
by Idrees on Sep 14, 2005 09:23 AM   Permalink | Hide replies

I am in late twenties and have started to invest in a ULIP.. What i want to knowe is. is this saving option is as good as SIP/Mutual Funds

Idrees

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  RE:Query
by SHOUVIK LAHIRI on Sep 27, 2005 11:31 AM   Permalink
This saving option is good but..... check out the management charges. Generally its pretty high compared to that of SIP / Mutual Funds where the charges are hardly 2.25%. I will suggest that you should go for long term TERM INSURANCE with a larger cover and rest of the money you should put in Mutual Funds....

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The above message is part of the Discussion Board:
Late 20s and want to save?