Only five out of 18 mid-cap focussed ULIP funds outperformed the Nifty Midcap 100-TRI over the last five years
Like mutual funds, midcap funds offered by Unit Linked Insurance Plans (ULIPs) also rallied over the last years since the COVID pandemic broke out. Most of the ULIP midcap funds delivered triple digits absolute returns during the period and rewarded their policyholders handsomely
Most of the life insurers disclose only the top 10 or 20 holdings of their fund’s portfolio