Hi I am 23 years old unmarried guy..Working as a software engineer.I am planning to Investment around 30k to 35k per annum.Its my first investment..After seeing ur forum answers I decided to take up a term plan insurance. Dropped the idea of investin in LIC-Jeevan Anand(which my relative was suggesting).Thank you for your valuable advice.Than I am confused whether to go with ULIP or Mutual fund for long term investment(around 7-10 years) or to invest 15k:15k equal amount in both…As I am a youngester I am willing to take some risk to gain some high returns in long term..