Sentences with phrase «allocation charges inherent»
However, the high allocation charges inherent in the product made customers lose interest until 2008 when IRDA slapped on the mandatory limits on the allocation and other charges charged by the ULIPs.
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Fact: It is commonly believed that ULIPs such as HDFC Life Progrowth Plus are a costly investment product due to high inherent charges, particularly due to premium allocation and fund management charges.