When it comes to ULIPs vs Mutual Funds, individuals get stuck in the noise. Both look attractive, both promise growth, but you need to choose on the basis of your risk-taking ability, your future goals, and your family’s financial health. This guide cuts through the clutter and explains the real difference between ULIP and mutual fund to help you make a confident decision.

A ULIP (Unit Linked Insurance Plan) is an insurance policy. In this, a portion of the premium is invested and the rest is used to cover the policyholder’s insurance premium.
If you want to build your wealth while keeping your family safe, you must learn how to invest in ULIPs and reap the benefits of life insurance. ULIP offers you a perfect combination of wealth and investment.

For young Indian investors, increasing wealth in the future and ensuring family security is a big deal. One of the ways to achieve both targets is via a Unit Linked Insurance Plan (ULIP).
Now, if you are planning to invest for the long term, it is important to know how ULIP returns in 10 years will work.

When it comes to securing your financial future, a money back policy offers a unique blend of protection and savings. Unlike traditional life insurance plans, a money back policy allows you to receive periodic payouts during the policy term. This makes it one of the most balanced insurance options for individuals who want both protection and guaranteed returns, and that is precisely where the benefits of money back policy stand out.

Most long-term plans require patience as they grow your wealth over time. This holds true for unit linked insurance plans or ULIPs offered by life insurance companies. As per current rules, ULIPs have a mandatory lock-in period of five years and offer tax benefits at the time of investment as well as at maturity. Let’s explore how lock-in period of ULIPs work.