Insurance And Mutual Funds. Risk aversion risk management bank deposits, ppf, nsc, insurance, kisan vikas patra etc. However, there are some amcs like icici pru mf, reliance mf and birla mf which offer this package of mutual fund and insurance.
The objective is to encourage their sip investors to continue their sip contributions as well as stay invested for the long term. Offers the benefit of investment return. Mutual funds combined with insurance is not exactly a very popular product in india.