PERFORMANCE APPRAISAL OF UNIT LINKED INSURANCE PLANS (ULIPS) IN INDIA : A CASE STUDY

  • Udayan Samajpati Lecturer, Department of Commerce, Vasantha College for Women, Varanasi (Uttar Pradesh)
Keywords: Performance appraisal, ULIP, India

Abstract

In this paper the performance evaluation of ULIPs is carried out through Risk-Return Analysis, Treynors Ratio, Sharpes
Ratio and Jensens Measures. The data used in the study is daily closing NAVs for the period from 1st July 2009 to 31st
August 2011. The schemes selected for study are ICICI Life Stage RP-Maxi miser (Growth) Fund, Bajaj Allianz New
Family Gain-Equity Index Fund II and ING High Life Plus-Growth Fund. The results of performance measures suggest
that all the three ULIPs schemes have outperformed the market. Among the three schemes ING Vysya ULIP is best
performer.

Published
2020-04-08
How to Cite
Udayan Samajpati. (2020). PERFORMANCE APPRAISAL OF UNIT LINKED INSURANCE PLANS (ULIPS) IN INDIA : A CASE STUDY. Management Insight, 8(2), 65-69. Retrieved from http://journals.smsvaranasi.com/index.php/managementinsight/article/view/501
Issue
Vol. 8 No. 2 (2012): Management Insight
Section
Articles