Best ULIP plan in India gives return less than 10 % /yr | See NAV chart
ULIP is nothing but Mutual Fund with life insurance coverage. Return from ULIP is very less in comparison to Mutual fund.
Life insurance coverage is approx 5 times of annual premium paid. There is no guarantee that you will always get profit from ULIP. If stock market will crash in future, ULIP NAV will also drop.
Even if Sensex or Nifty will be doubled in price, ULIP NAV value will never increase to double, but it will increase only marginally.
There is no regulation for ULIP for its internal expenditure, So ultimately you will get very low return on long time investment, your life insurance coverage will also low for high amount of premium.
It is advises that don’t trap in ULIP (Unit Linked Insurance Plan). It is better to invest in Mutual fund and take any term life insurance plan.
The Best performing ULIP plan in India may be (not 100% sure)
Tata AIG Life’s InvestAssure 2
HDFC Standard Life
Kotak Life’s Platinum Advantage
UTI Unit Link Insurance Plan
SBI Life Smart ULIP Plan
ING Vyasa ulip nav
Bajaj Allianz New UnitGain II
Here is the NAV chart of Bajaj Allianz Unit Gain ULIP plan. From the chart, you will see that return is very low from ULIP.
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