DPYSL3

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DPYSL3

A gene on chromosome 5q32 that encodes a member of the collapsin response mediator protein family that forms homotetramers and heterotetramers with CRMP1, DPYSL2, DPYSL4 or DPYSL5, interacting with synaptic vesicle protein 2 and SH3A domain of intersectin. DPYSL3 is necessary for signalling by class-3 semaphorins and subsequent cytoskeletal remodelling; it plays a role in axon guidance, neuronal growth cone collapse and cell migration.
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The existing ULIP product 'Fortune Builder' has already shown excellent results with its NAV at $19 giving a cumulative aggregate growth rate of about 30 per cent.
ULIPs, which are stock market-linked, are essentially investment products with insurance thrown in.
The CHOL will be offering its first ULIP product on its online platform by the name of iULIP.
The old ULIP products have been shelved and new ones, satisfying the new guidelines, are being introduced.
A strong demand coming for ULIP products which are new in the market due to reliability and extra benefits provided by private players to differentiate their products and save their piece of market share.
Overall, we will continue to strengthen our series of "Simple and Smart" series of ULIP and traditional products so as to cater to the protection and savings needs of multiple customer segments with varied risk-appetite.
Global Banking News-2 March 2009-SBI Life Insurance launches Smart ULIP product(C)2009 ENPublishing - http://www.
Mumbai, Maharashtra, March 9 -- SBI Life Insurance, the leading new generation life insurer,has launched an innovative ULIP which guarantees at inception a pre-specified NAV applicable at the end of the ten-year term.
The Click2Invest does not entail any distribution cost and the mortality charges are lower for the customers under online segment because of reduced risk possibility and these features make it considerably cheaper from other ULIP plans offered by the market now, stressed Srinivasan Parthasarathy, Chief Actuary and Appointed Actuary of HDFC Life insurance.
But UTI ULIP offers convenience - combining tax-saving, superior asset allocation and insurance cover - in a single package.
Private life insurer HDFC Life has introduced Click2Invest - ULIP, a unique online unit linked insurance plan with minimum charges and a range of investment options.
The Finance Minister Shri Chidambaram stressed the need to study the persistency for ULIP and non-ULIP policies separately, to pointedly undertake focused efforts for each category.