Which is better in terms of Investment for long term (20-30 years) with better growth, ULIP or Mutual Funds?

A Unit Linked Insurance Plan is not the best investment for building wealth. Charges deducted upfront are significant; so you start with a smaller base and compounding doesn’t grow your money as much as it would in mutual funds.

Read my full answer here: Ram Medury’s answer to Which is a better investment: ULIP, term plan or mutual funds?

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