SEBI Disallows Bundled Plans, So Should You Buy A ULIP? | The ET Money Show | ET Now

Securities & Exchange Board of India asks the Association of Mutual Funds in India to tell its members to stop issuing mutual fund schemes bundled with insurance plans. AMCs would charge a higher expense ratio for managing the two products, but the insurance products were never managed by mutual funds, it was always outsourced. Therefore, does it make sense on buying a similar bundled scheme like ULIP or should you have a separate insurance plan? Find it on today's episode of The ET Money Show as we speak to the expert of the day - Kirtan Shah, Founder & CEO, Credence Wealth Advisors.