Whenever the stock market tanks, regular investors look out for usual advice for reassurance: stick to asset allocation,
don't panic, stay invested, among other things, assures them that they
are on the right track. However, there is one set of equity investors
that hardly bothers about the market moves. We are talking about those
who have bought Ulips or Unit-linked Insurance Policies.
In fact, a large number of investors who buy Ulips opt for equity investments. As per the Life Insurance Council, life insurers' total assets under management amounted to a little under Rs 17.69 lakh crore as of March 2013. Out of this, equities accounted for close to Rs 4.65 lakh crore. However, the trouble is that many Ulip holders wouldn't even know or bother to keep track about the performance of the scheme.
In fact, a large number of investors who buy Ulips opt for equity investments. As per the Life Insurance Council, life insurers' total assets under management amounted to a little under Rs 17.69 lakh crore as of March 2013. Out of this, equities accounted for close to Rs 4.65 lakh crore. However, the trouble is that many Ulip holders wouldn't even know or bother to keep track about the performance of the scheme.
No comments:
Post a Comment