Which is a better option ULIP or Mutual Funds

Insurance and investment are two different things and have separate financial planning objectives. While Insurance is for your life cover, which should be based on your current income and liabilities etc. and should also be for protection of your family in case of any eventualities.

Mutual Funds are for wealth creation and meeting your short term and long term financial planning objectives and goals.

We have done two articles, which should answer your query in detail -

https://www.advisorkhoj.com/articles/Mutual-Funds...

https://www.advisorkhoj.com/articles/Financial-Planning...

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