Insurance & Mutual Funds

Mutual fund combined with insurance is not exactly a very popular product in India. However, there are some AMCs like ICICI Pru MF, Reliance MF and Birla MF which offer this package of mutual fund and insurance. This is how it works. This facility is typically offered by AMCs that also have a large group insurance operation. All the three AMCs above are cases in point. The AMC basically takes a group cover for all the mutual fund investors put together.

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