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Mandatory Ulip fund investment proposal may be dropped

Proposal to make it mandatory for life insurers to invest at least 25% of Ulip funds in G-Secs may be dropped


M Saraswathy  |  Mumbai 

The insurance regulator's proposal to make it mandatory for life insurers to invest at least 25 per cent of unit-linked insurance plan (Ulip) funds in government securities (G-Secs) is likely to be dropped in the final norms. This is after insurers raised concerns about this proposal impacting the returns for policy holders.

In its draft investment regulations, issued in July 2015, the Insurance Regulatory and Development Authority of India (Irdai) had said not less than 25 per cent of a unit-linked insurance fund will be in invested in central government securities. And, that the ...

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First Published: Fri, July 22 2016. 00:09 IST