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Financial Planning: Gaurav Mashruwala
My insurance broker approached me with a new unit-linked insurance plan (Ulip) last week. He said after the changes introduced in Ulips from September 1, these were a more attractive investment option as compared to mutual funds (MFs). I want to start investing in the equity market with a horizon of 20 years. Which instrument is better — Ulips or MFs? What are the advantages of investing in the