Automated news based ULIP fund switching model

Abstract

ULIP funds switching model recommends the fund switching in the different class of asset allocation options available based on the prediction from the news/data released. The switching tactics is based on the estimation of financial market trend from the analysing the various news/data. The model is an attempt to maximize the return on investment (ROI) in Unit Link Insurance Policies. The main advantage of ULIP over the other investment instrument is that it provides easy control and switching in various available asset allocations categories. The model predicts the future trend based on analysis result of analysis news/data released from financial market.