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Continue with ULIP or surrender it and go for FD with the withdraw amount ?

Hi ,

I have invested in ULIP in 2009 of Rs50,000 p.a.  (was trapped by agent.!!)

I have a home loan remaining of 5 lakhs , so should I surrender ULIP (only when sensex is around 20k) as it is giving terrible returns and put that money in FD , or repay my loan in 1 go ?

or is it good to continue with ?

Any good plans or investment area where I can invest by surrendering it ?

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