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ETMarkets Management Talk | High interest rates good for our traditional savings products: Niraj Shah, HDFC Life
"Our product mix remains balanced, with non-par savings at 35%, participating products at 30%, ULIPs at 25%, individual protection at 5% and annuity at 6%, based on individual APE during Q1 FY23. On total APE basis, our non-par savings segment has grown by 29%, protection by 31%, annuities by 39%, par by 23%, and UL by 10%."