Can Ulips give guaranteed returns?
Abhinav Garg, Delhi
Ulips cannot guarantee returns as their performance is linked to the market. Their track record depends on the performance of the underlying funds, which invest in the market. The returns in the benefit illustration shown by the agents are only projected returns. You should choose the Ulip that suits you best. Your risk appetite is an important criterion for the choice. If you have a high risk appetite, then an aggressive investment option with a high equity component is likely to be suitable for you. Compare the performance of the Ulips in the market. Find out how the debt, equity and balanced schemes have done. Study the portfolios of various plans and also assess the expense ratio where applicable when selecting a Ulip fund.
