RE:ELSS vs ULIP ??
by sachin medhi on Feb 12, 2007 11:57 AM
i agree, nothing comes in this world for free. If you invest in ULIPs, insurance companies will eat the bigger part of cake and give you a small piece of the overall money after your insured period. So here you are paying with MONEY. If you go for plain term insurance and ELSS or any other mutual funds for growing your money you will have to spend more time every year to keep up your expecattaion about the growth. Here you are paying with your TIME and EFFORTS. Choice is yours. I prefer the second options as it gives me lot of FLEXIBILITY