Investment
ELSS and ULIP - Detailed Comparison
When it comes to making systematic investment plans, two options often collide head-to-head in earning our approval: Equity Linked Savings Scheme, ELSS, and Unit Linked Insurance Plan, ULIP. While they are both market-linked, they cater to different sets of financial goals, risk appetites, and investment spaces. They are equally instrumental in the process of wealth creation, but in their own ways. Let’s compare the two in detail and learn their pros and cons.