Capital markets regulator Sebi is planning to come out with a new combo product under which mutual funds can pair investments with life insurance, its chief Madhabi Puri Buch said on Friday.

Sebi is proposing a new combo product that pairs term life insurance with mutual fund investments, aiming to expand financial access and boost SIPs, particularly in rural areas.

The Economic Survey, tabled in Parliament ahead of the Union Budget, provides the roadmap for reforms and growth. The ...