ulip

My AXIS Relationship Manager (RM) is offering me a ULIP (Unit Linked Insurance Plan). I’m usually against ULIPs because of the well-known drawbacks, but this one seems worth considering for me atleast. Investment Details: It’s a ₹10 lakh plan, out of which ₹9.66 to ₹9.7 lakh is invested...

Hey all, I’m looking for advice regarding the discontinuation of a ULIP scheme that I was sold by HDFC Bank to upgrade my card. I’ve realized it’s an absolutely low-return investment, and I’m not planning to pay any further premiums as I’d rather invest those funds in mutual funds or stocks...