March 29, 2024 16:48 (IST)
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How Systematic Investment Plan Works Over a Longer Period?

A systematic investment plan or SIP is synonymous with mutual fund investment – for the uninitiated. Over the last 10 years, SIP has become so popular that even seasoned investors don’t consider it to be just a tool to invest in mutual funds. 

Key Things to Know While Investing in ULIP Plan

A ULIP plan, or a Unit Linked Insurance Plan, is a newer way for investors to diversify their portfolios today. In a ULIP, investors get to link insurance plans in a structure that acts similar to a mutual fund.