Which of the below can be categorised under wealth accumulation products?
A
Bank deposits
B
Life insurance
C
General insurance
D
Shares
Correct Answer: Shares
Shares is a wealth accumulation product. To build a corpus for long-term goals like buying a house, building a retirement kitty or funding a child's education, investors must choose products that provide enhanced earning power. This can come in the form of diversified equity funds.