What is minimum return I get from a ULIP after 5 years?

Question

What is minimum return I get from a ULIP after 5 years?

Answer 1

These days it is not for sure that ULIP will give you definite returns. The units are NAV based and NAV keep fluctuating with market conditions. So, some amount of risk is involved even for erosion of investment. Do keep this in mind and discuss with your agent or UTI office for informed decision.

Answer 2

There is nothing called minimum or maximum in the ULIP.  

Please remember that unlike endowment or wholelife policies where the investment is handled by the insurance company, in the ULIP it is left to the enduser to choose the type of investment and hence the return is purely dependent on the type (within the options provided by insurer).  ULIP '71 from UTI is a unique product and if you are referring to this given a fiver year period based on the portfolio it has the return may range from 8-10 percent.  This product uses 60:40 ratio for Debt:Equity investment.

Good luck.