ILIPS

AcronymDefinition
ILIPSImages of Light Internet Press Service
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What it means for you: Since the fund will be linked to a benchmark index, Ilips are likely to be more stable than equity- linked Ulips.
Indexlinked investment plans (Ilips) will be similar to equity-linked Ulips with a difference that the basket of stocks they will be allowed to invest in will be defined-an investment or economic index.
Since the fund will be linked to a benchmark or index, Ilips are likely to be more stable than equity-linked Ulips.