MFs Vs ULIPs

[rohit]

According to me you should keep insurance and mutual funds different, so I am not in favor of investments in ULIP.

ELSS is preferable if you want to save taxes go for - Magnum Taxgain,Birla Tax relief'96, HDFC taxsaver and PRU taxsaver and Principle TaxSaver are best option.

[Mukulz]

I believe it must for every people to keep their Investment and Insurance two different thing.

[Abhisar]

- Anyone thinking to invest in ULIP Plan than you must give ULIP at least 10-15 yrs because of high charges initially.
- Mutual Funds are very suitable for Short term investors. In it you have the flexibility of withdrawing money anytme.