Please refer to R Balakrishnan’s views on “Insurance vs Mutual Funds” in MoneyLIFE of 9 October 2008. It makes interesting reading. However, some facts need clarity. For instance, he says that “the commission can be as high as 40% of the first year’s premium.” Are you referring to this rate of commission in general or particularly to unit linked insurance plans (ULIPs)? You need to be very...
Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam
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