IndiaInsurance
8th December 2011, 02:15 PM
Unit Linked Fund is a pool of the premiums paid by the policyholders which is invested in a portfolio of assets to achieve the fund(s) objective. The price of each unit in a fund depends on how the investments in the fund would perform. The fund is managed by the insurance companies.
More... (http://www.moneycontrol.com/news/life-insurance/faqsulips_628321.html)
More... (http://www.moneycontrol.com/news/life-insurance/faqsulips_628321.html)