Senior Research Fellow, Faculty of Commerce, Banaras Hindu University
Online published on 23 February, 2017.
Indian insurance market has always been talked about in the economy. Life insurance industry has always created a buzz in the market specially over the last decade life insurance industry is growing because of the edged benefits it offers over other instruments of saving along with it provides risk cover to the individuals. Not only this they are the crucial role players in the process of mobilizing the savings of the people of different income groups ensuring better returns and overall growth in the economy. The three funds namely life fund, Pension and annuity fund and ULIP fund of life insurance are invested into various instruments as stated in norms for serving the purpose in an orderly way. The paper aims at analyzing the investment pattern of the above funds over the past decade as well as the growth of the funds over the period of 10 years.
Life Fund, ULIP fund, Pension and Annuity Fund
