Smart Money: Experts discuss ULIPs versus MFs

Ever since the Union Budget 2021 came through, the big debate of whether to invest in Unit-Linked Insurance Plans (ULIP) or invest only via MFs – that classic eternal debate has come alive and kicking again. That is because of the taxation changes that Budget ushered in.

CNBC-TV18 thought it is a good time to go over a lot of the changing nuances which accompany this product, the ULIP. Earlier it was seen as a monstrous product with a very high charges, very investor-unfriendly but now a lot of that is changing but is it enough for you to be putting your money into it? Mohit Gang, CEO and Co-Founder of Moneyfront.in and Vivek Jain, Head-Investments at Policybazaar.com discussed this.