What is a Unit Fund?

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

Answer (1)

Team Legistify

Team Legistify

  • Sector-1, Noida

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.

Answered on 28 Sep 2018

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