My father have 3 life insurance ULIP policy.All the policies are in High risk fund. 3 premiums already paid for all the policies.But now the fund value get negative.I mean 20000*3=60000 premium paid but FV rs.55125. my father only want to get stable return for short term(it may be low but satble and gain something).Now will it be a right decission to switch this funds to Balance fund or secure fund??
or anyother way to cover my loss???