1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

SBI-ULIP inputs

Discussion in 'Investment Analysis' started by smuthukri, Jan 14, 2013.

  1. smuthukri

    smuthukri Active Member

    Joined:
    Aug 13, 2012
    Messages:
    63
    Likes Received:
    35
    I have SBI-ULIP completed 5 yrs now .Still now no gain no loss .Same invested amount is there .Can some one suggest is it worth to hold or close and put in FD .I want this amount to used for my son future .

    Thanks
    Muthu
     
  2. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    Muthu, ULIP is one of the useless product because of allocation amount but as of now you are 5 yrs into it and so I don't think it would be that bad going forward but still check what is your allocation amount to the new investment that you may need to pay