answersLogoWhite

0


Best Answer

Mutual funds are investment instruments for the common man who does not have the time or the expertise to deal directly with the stock market. An experienced investor pools in money from such customers and makes stock investments on their behalf and shares the profit/loss.

A unit linked plan is a combination of mutual funds and insurance. They also invest in the Stock Market but a significant portion of our investment is used up to provide the insurance coverage. ULIPs are hybrid products that provide the investor both investment in the stock markets and insurance.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Difference between mutual funds and unit link plans?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance

Can you withdraw money from your mutual fund at age 47?

Ofcourse you can. If you select a Systematic Withdrawal plan you can set the intervals after which you can withdraw from your mutual funds. Reliance Mutual Funds has some good schemes when it comes to Systematic Withdrawal Plans.


What are the major financial intermidiaries?

the important financial intermidiaries are .............commercial banks,mutual funds,pension plans,credit unions,savings and loan associations.


How many types of mutual funds?

In India, there are at least 18 types of Mutual Funds that are available for investment. They are: 1. Equity Diversified Funds 2. Equity Midcap Funds 3. Equity Infrastructure Funds 4. Equity Banking Funds 5. Equity Pharma Funds 6. Equity FMCG Funds 7. Equity Technology Funds (IT) 8. Arbitrage Funds 9. Equity Index Funds 10. Balanced Funds 11. Monthly Income Plans 12. Debt Funds 13. Liquid Funds 14. Income Funds 15. GILT Funds 16. Gold ETFs 17. Fund of Funds - Equity Oriented 18. Fund of Funds - Debt Oriented


What are the advantages of investing in mutual funds?

The advantages of investing a mutual fund is if one of the fund stocks or other securities performs poorly the loss can be offset by gains in another stock or security within the mutual fund.


Where can you invest in stable value funds?

A stable value fund is a type of investment available in 401(k) plans and other defined contribution plans as well as some 529 or tuition assistance plans. It cannot be purchased in mutual fund format or through an IRA. https://en.wikipedia.org/wiki/Stable_value_fund

Related questions

Where can one purchase American funds mutual funds?

One may purchase American Funds mutual funds through financial institutions, such as the one that handles ones retirement plans. One may find additional information about American Funds on their website.


How can one save for retirement mutual funds?

One can start saving for retirement mutual funds by coming up with a plan on how to manage the money between retirement savings and the necessities one wants to buy. One can also contact their bank for rates and plans that are offered.


Can you withdraw money from your mutual fund at age 47?

Ofcourse you can. If you select a Systematic Withdrawal plan you can set the intervals after which you can withdraw from your mutual funds. Reliance Mutual Funds has some good schemes when it comes to Systematic Withdrawal Plans.


What are N class mutual funds?

N Load meaning can be mutual fund family specific. But in general, it means this fund is for large retirement plans only.


How many ameritrade stock options are there?

There are over 1,200 stock options for Ameritrade. These range from individual plans to mutual accounts. There are retirement plans and college funds too.


What are the Indian mutual funds?

There are atleast 18 types of mutual funds available in India 1. Equity Diversified Funds 2. Equity Midcap Funds 3. Equity Infrastructure Funds 4. Equity Banking Funds 5. Equity Pharma Funds 6. Equity FMCG Funds 7. Equity Technology Funds (IT) 8. Arbitrage Funds 9. Equity Index Funds 10. Balanced Funds 11. Monthly Income Plans 12. Debt Funds 13. Liquid Funds 14. Income Funds 15. GILT Funds 16. Gold ETFs 17. Fund of Funds - Equity Oriented 18. Fund of Funds - Debt Oriented These funds are offered by fund houses like HDFC Mutual Fund, ICICI Prudential Mutual Fund etc


What kind of trading is FBR associated with?

FBR Capital Markets is associated with equity sales and trading. They are furthermore associated with the trading of mutual funds, hedge funds and pension and profit-sharing plans.


What are series 6 and 63 licenses for?

Series 6 license is require for professionals who sell mutual funds, variable annuities, retirement plans and insurance products as well. While for series 63 license, it is required for those wish to sell only investment company products like mutual funds and money-market funds.


What are the major financial intermidiaries?

the important financial intermidiaries are .............commercial banks,mutual funds,pension plans,credit unions,savings and loan associations.


What types of programs does mass mutual offer?

Mass Mutual Financial Groups offer Annuities, Disability Income Insurance, Individual Retirement Account, Life Insurance, Long Term Care Insurance, Mutual Funds, Section 529 Plans, and Trust Services.


How many types of mutual funds?

In India, there are at least 18 types of Mutual Funds that are available for investment. They are: 1. Equity Diversified Funds 2. Equity Midcap Funds 3. Equity Infrastructure Funds 4. Equity Banking Funds 5. Equity Pharma Funds 6. Equity FMCG Funds 7. Equity Technology Funds (IT) 8. Arbitrage Funds 9. Equity Index Funds 10. Balanced Funds 11. Monthly Income Plans 12. Debt Funds 13. Liquid Funds 14. Income Funds 15. GILT Funds 16. Gold ETFs 17. Fund of Funds - Equity Oriented 18. Fund of Funds - Debt Oriented


What are the advantages of investing in mutual funds?

The advantages of investing a mutual fund is if one of the fund stocks or other securities performs poorly the loss can be offset by gains in another stock or security within the mutual fund.