I have taken a SBI LIFE INSURANCE UNIT PLUS CHILD PLAN in Jan 2009. Annual premium cost is Rs 1,02,000/ and so far paid Rs 4,08,000.To my surprise the fund value is 4,23,000 only. According to my understanding there exists locking period of 5 years for this policy.
Please suggest whether to withdraw my amount straight away or wait till the 5th premium. In case of with drawing the amount how to switch the funds to get maximum returns. At present growth fund is 70% & balance fund is 30%.
Thanks in advance for ur reply.