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What is a Unit Fund?

<p>I want to know What is a Unit Fund?</p>

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Team Legistify
Team Legistify

Team Legistify

  • Answered on 02:22 PM, 28 Sep 18

The allocated (invested) portions of the premiums after deducting for all the charges and premium for risk cover under all policies in a particular fund as chosen by the policyholders are pooled together to form a Unit fund.

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