Can profits by investing in ULIP be more than FD’s

[samkapoor77]

I have three options of investment ? one is ULIP, second is fixed deposit and third is recurring deposit with Axis Bank. If I switch the funds in ULIP at a perfect time then is it possible to make more profits by investing in ULIP than in fixed deposits and recurring deposit?

[samkapoor77]

It is very much possible. It is usually expected that in long term, ULIPs will give better results than fixed deposits and recurring deposits. However, there is an additional risk with ULIPs and there is no guarantee of returns. Moreover, identifying a perfect time is a tedious task.

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