IndiaInsurance
12th January 2011, 05:30 PM
Private sector SBI Life on Wednesday introduced a Unit Linked Insurance Product (Ulip) - Smart Horizon - aiming to provide long-term capital appreciation.
Automatic Asset Allocation (AAA), an algorithm-based active investment allocation mechanism. This IT-based system developed by testing over 5,000 potential scenarios in the Indian equity and bond markets, determines the optimal risk-return combination, it said.
More... (http://economictimes.indiatimes.com/personal-finance/insurance/insurance-news/sbi-life-launches-ulip-plan-smart-horizon/articleshow/7268849.cms)
Automatic Asset Allocation (AAA), an algorithm-based active investment allocation mechanism. This IT-based system developed by testing over 5,000 potential scenarios in the Indian equity and bond markets, determines the optimal risk-return combination, it said.
More... (http://economictimes.indiatimes.com/personal-finance/insurance/insurance-news/sbi-life-launches-ulip-plan-smart-horizon/articleshow/7268849.cms)