A Comparative Analysis on LIC Policies and Other Investment Avenues Using Sip as an Investor with Special Reference to Life Insurance Corporation JP Nagar, Bangalore
Year: 2024
Type: article
Study design: Observational Study
Abstract: This study presents a comparative analysis of Life Insurance Corporation (LIC) policies and other investment avenues through Systematic Investment Plans (SIPs), focusing on their effectiveness from an investor's perspective. With special reference to LIC's operations in JP Nagar, Bangalore, the research evaluates key parameters such as risk, returns, liquidity, tax benefits, and long-term financial security. The analysis highlights the role of LIC policies as a traditional and secure investment choice, compared to SIPs that offer higher growth potential but with greater market risk. By assessing investor preferences, financial goals, and risk appetites, the study aims to provide insights into optimizing investment portfolios. To analyse the research used a primary data like questionnaire and secondary data are taken from company and research papers and Chi-Square Test as a statistical tool for analysing categorical data, such as investor preferences. This research helps stakeholders understand the comparative advantages and limitations of LIC policies and SIPs to make informed decisions that align with their financial objectives. KEYWORDS: LIC policies, SIP, Investment analysis, Risk, Returns, Liquidity, Financial security,
DOI: 10.55041/ijsrem40209
Authors: PUNITH K V, GEETHA R
Language: English
Subfield: Accounting
Domain: Social Sciences
Open Access status: bronze
OpenAlex ID: W4405910766