Established in 2011, Edelweiss Tokio Life Insurance is a joint venture between the Tokio Marine Holdings Inc. of Japan and Edelweiss Financial services of Mumbai. It has become India's leading financial service provideRs. This company provides a wide range of products for fulfilling the financial need of its customers. What is Unit linked insurance plans? Unit linked insurance plans, or better known as ULIPS, are a combination of features of the insurance and a mutual fund. The premiums that the insured pays are useful to create a corpus in which the insurance company invests in stocks and shares of different companies that operate in the capital market. For calculation of the price of one Unit of the fund, one can divide the total market value of the amount of the corpus invested by the purchase of the total number of securities and thus derive the Net Asset Value (NAV). The premium paid in such plans is further useful to invest at the prevailing NAV, which is highly variable due to the market trend. ULIPS provides a good return depending upon the market with insurance coverage. Edelweiss Tokio unit linked insurance plans Unit linked insurance plans (ULIP) from Edelweiss Tokio Life Insurance Company's are insurance plans that have a perfect combination of insurance and investment features. It is designed in a way to meet all the expectations and requirements of the customer. Several types of Edelweiss Tokio Life ULIP Plans were introduced by the company to choose from as per the customers' needs. The following are the four Unit Linked Insurance Plans from Edelweiss Tokio – 1. Edelweiss Tokio Life Wealth Enhancement Ace 2. Edelweiss Tokio Wealth Accumulation (Accelerated Cover) 3. Edelweiss Tokio Wealth Accumulation (Privilege) 4. Edelweiss Tokio Life Wealth Accumulation (Cover Plus) Basic features of Unit Linked Insurance Plans The following are some of the basic features of Unit linked insurance plans–
Details of Edelweiss Tokio unit linked insurance plans Why should one choose the Edelweiss Tokio unit linked insurance plans? The Edelweiss Tokio unit linked insurance plans come with various benefits and features. Here are some of the reasons which make Edelweiss Tokio unit linked insurance plans one of the most trusted investment options –
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Diversified funds in India are specific types of mutual funds which aim at diversification of investments throughout multiple business sectors, irrespective of the market capitalization or size. These funds will aim to achieve capitalization for the long term via diversified investments that will help in enabling superior returns amidst adverse conditions in the market. These types of diversified mutual funds have comparatively lower risks if other types of funds are taken into account, such as small cap and mid cap funds. The fund managers of these funds will usually switch between large cap, small cap and mid cap stocks on the basis of prevailing conditions in the market. This will ensure that investors do not miss out on the best opportunities available in the market.
These funds make up a sizable part of overall financial planning for investors since diversified equity funds in India may help in generating handsome returns for accomplishing future objectives. They are slightly different from conventional tax saving mutual funds such as ELSS. Key aspects worth knowing Diversified funds in India offer wider exposure for investors to the markets. Multi cap funds are often perceived as diversified equity funds since they deploy investments throughout varied market capitalizations. They also save a lot of time as far as investors are concerned while helping clear prevailing confusion of choosing between various market capitalizations for investment purposes. The risks are well balanced in these funds and this is because small cap funds usually do well in the bullish scenario while falling market conditions mean that large cap funds will provide ample support for the portfolio of mutual funds and subsequent returns. Investors who possess thorough understanding of the equity markets and overall risk levels and those who possess moderate tolerance levels for risks, may consider investments in these types of funds. Diversified funds in India are classified into the following segments:
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April 2022
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