When I look at Forbes' list of the world's billionaires -- a.k.a. the list of people who make more in a day than I have in my entire lifetime -- it becomes quite clear that there are two ways to make stupidly large amounts of money.
A Unit Linked Insurance Plan, popularly called ULIP, is a financial product that offers the twin benefits of life insurance as well as an investment. Part of the premium paid goes towards the sum assured (amount one gets in a life insurance policy) and the balance gets invested in the investments one desires, be it equity, debt or a mixture of both.
The number of mutual fund schemes available in the market can bewilder anybody. With multiple schemes available, the small and the new investors do not know which one to buy. Investment in mutual funds cannot be avoided because the stock markets are on a high and the Sensex is crossing one milestone after the other.
New Delhi:The lowering down the entry fees for the NLD and ILD players,the lucrative subsidies and all the magic have failed to get the Indian government the global firms landing up in the country's l
