I want to invest 60000 per annum. I have matured PPF account, running 19th year in PPF account means I can withdraw some partial money from PPF account every year.
My question is, if I continue invest in PPF I will earn 8.6% interest rate, does the ulip policy gives me more return than 8.6% compared to PPF.
I also came to know ULIP policy have some percentage of invested amount goes to charges in FMC, premium allocation charges, mortality charges etc.
Is it wise to invest in ULIP 5 yrs lock period policy to get more return than PPF?
Please advise.
Thanks in advance!
Thank you.