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The fundamental difference is that insurance involves the process of an entity (the insurer) assuming the risk of loss of another person or entity. In other words, in return for the payment of money (the premium) the insurer agrees to pay that which you may be legally liable for. Insurance comes in various varieties, for example, property insurance or health and life insurance. Each covers different kinds of risks, as outlines in the insurance policy, which is a written contract between the insurer and the insured (the person or entity insured). There is a great deal more to the concept of insurance (for example, life insurance covers the risk of death), but for the sake of brevity, these are the basics. Both the terms of the policy (what is covered and under what circumstances) and the premium are regulated by the insurance regulatory authority of the state in which the insurer transacts business.
In contrast, a mutual find is an investment vehicle. One invests money in the mutual fund, which in turn, invests in stocks and bonds or other income-producing assets. The goal of the investment is to produce income or to increase the value of the investment for the investor.
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How can someone compare mutual funds?
Someone can compare mutual funds by using a MarketWatch tool for mutual fund comparison, Smart Money fund compare, and analyzing mutual funds at finance in yahoo.
What companies did filipinas mutual fund invest in?
insurance
Where can one compare companies mutual fund rates?
There a few ways to compare mutual fund rates for different investment companies. The easier is to meet with a certified financial planner; the other is to use a software program such as FundVisualizer.
How does the risk involved in a money market mutual fund compare with the risk of a certificate of deposit (CD)?
the risk of the money market mutual fund is slightly greater than that of the CD
Where online can I compare mutual funds?
There are hundreds of mutual fund companies out there. Some of the best companies are Barons, Fidelity, and Mutual Funds of America to name a few.
How can someone compare mutual funds?
Someone can compare mutual funds by using a MarketWatch tool for mutual fund comparison, Smart Money fund compare, and analyzing mutual funds at finance in yahoo.
Is ULIP better than a combination of Mutual fund plus term insurance?
No. The combination of a Mutual Fund + Term Insurance is better than ULIPs
What companies did filipinas mutual fund invest in?
insurance
How many AMC in India?
As of may 2009 there are 38 asset management companies operating in india: 1 AIG Global Investment Group Mutual Fund 2 Baroda Pioneer Mutual Fund 3 Benchmark Mutual Fund 4 Bharti AXA Mutual Fund 5 Birla Sun Life Mutual Fund 6 Canara Robeco Mutual Fund 7 DBS Chola Mutual Fund 8 Deutsche Mutual Fund 9 DSP BlackRock Mutual Fund 10 Edelweiss Mutual Fund 11 Escorts Mutual Fund 12 Fidelity Mutual Fund 13 Fortis Mutual Fund 14 Franklin Templeton Mutual Fund 15 Goldman Sachs Mutual Fund 16 HDFC Mutual Fund 17 HSBC Mutual Fund 18 ICICI Prudential Mutual Fund 19 IDFC Mutual Fund 20 ING Mutual Fund 21 JM Financial Mutual Fund 22 JPMorgan Mutual Fund 23 Kotak Mahindra Mutual Fund 24 LIC Mutual Fund 25 Mirae Asset Mutual Fund 26 Morgan Stanley Mutual Fund 27 PRINCIPAL Mutual Fund 28 Quantum Mutual Fund 29 Reliance Mutual Fund 30 Religare AEGON Mutual Fund 31 Religare Mutual Fund 32 Sahara Mutual Fund 33 SBI Mutual Fund 34 Shinsei Mutual Fund 35 Sundaram BNP Paribas Mutual Fund 36 Tata Mutual Fund 37 Taurus Mutual Fund 38 UTI Mutual Fund
How does the risk involved in a money market mutual fund compare with the risk of a certificate of deposit?
The risk of the money market mutual fund is slightly greater than that of the CD
How does the risk involved in a money market mutual fund compare with the risk of certificate of deposit?
The risk of the money market mutual fund is slightly greater than that of the CD
Where can one compare companies mutual fund rates?
There a few ways to compare mutual fund rates for different investment companies. The easier is to meet with a certified financial planner; the other is to use a software program such as FundVisualizer.
How does the risk involved in a money market mutual fund compare with the risk of a certificate of deposit (CD)?
the risk of the money market mutual fund is slightly greater than that of the CD
Where online can I compare mutual funds?
There are hundreds of mutual fund companies out there. Some of the best companies are Barons, Fidelity, and Mutual Funds of America to name a few.
How do you make questionnaire on consumer awareness about ulip insurance plane?
icici mutual fund
What is common in Mutual Fund and ULIP?
ULIP stands for Unit Linked Insurance PlanIn terms of functioning, ULIPs are very similar to Mutual funds. A ULIP can be considered as a type of mutual fund that provides you insurance benefits and that too, to the extent you want. The money you invest would be converted into units just like in MFs and invested in the stock marketand also you would be charged an amount out of your premium to provide you the insurance coverage you want. For a layman we can assume thatULIP = Mutual fund + Insurance
Is a mutual fund a corporation?
A mutual fund is a corporation
