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5 Reasons to Invest in ULIPs for Retirement
Only Investment Option with Customizable Asset Allocation: ULIPs offer investments into multiple funds at the same time. These funds could be a mix of equity and debt (balanced funds) or either of the two. Changing your asset allocation or moving money from one type of fund to another does not change tax status for the investment. Also, you can change your asset allocation anytime or even withdraw money partially after the lock-in period. So, if you want to manage your allocation yourself, you have full control in the ULIP.
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Top 5 Reasons to Choose ULIPs For Building a Retirement Corpus
Customisable Asset Allocation: ULIPs offer investments in multiple funds at the same time. These funds could be a mix of equity and debt (balanced funds) or either of the two. Changing your asset allocation or moving money from one type of fund to another does not change the tax status of the investment. Also, you can change your asset allocation anytime or even withdraw money partially after the lock-in period. So, if you want to manage your allocation yourself, you have full control of the ULIP.