NO – LTCG on equity does not make ULIPs better

Promotion Unit Linked Insurance Plans (ULIPs) have always been aggressively positioned in India.  The recent (re)introduction of Long Term Capital Gains (LTCG) Tax on equity has added another dimension to the promotion of ULIPs. In this illustrative post, we look at how Equity mutual funds still provide better post-tax returns due to their flexibility and

Mutual Fund NFOs – Why you should stay away

Promotion New Fund Offer (NFO) is done by a mutual fund house when they launch a new scheme/fund. Investopedia describes NFO this way: Promotion Promotion What is a ‘New Fund Offer – NFO’ A new fund offer (NFO) is the first subscription offering for any new fund offered by an investment company. A new fund offer occurs