Prsagar
Member
The primary objective of investing in mutual funds is to achieve one's financial goals and create wealth as per one's
investment horizon, risk appetite and asset allocation technique.
Hence, one should invest in the mutual fund schemes offering free life cover only if the schemes have a track record ofbeating their benchmarks and peer funds in the past and have potential to continue to
do so in the future.
The availability of free life
cover should never influence the decision to invest in or redeem these funds.
Investors should also adequately enhance their life covers through regular term insurance plans at periodic intervals without factoring inthe free life cover provided by the bundled MF plus insurance products.
investment horizon, risk appetite and asset allocation technique.
Hence, one should invest in the mutual fund schemes offering free life cover only if the schemes have a track record ofbeating their benchmarks and peer funds in the past and have potential to continue to
do so in the future.
The availability of free life
cover should never influence the decision to invest in or redeem these funds.
Investors should also adequately enhance their life covers through regular term insurance plans at periodic intervals without factoring inthe free life cover provided by the bundled MF plus insurance products.