Q What is the context ?
A The amendment to Section 24 of the LIC Act, brought prior to commencing the IPO, segregated the previously single ‘Life Fund’ into the participatory and non-participatory fund.
Q What are Participatory and Non-Participatory Funds?
A
Q What has the Amendment changed?
A
Q How does this change impact the shareholder?
A
Q Why is it a risk, then ?
A