No matter, how interesting it might seem to invest in equities, it is important to bear in mind that by opting for ULIPs you run the risk of exposing your money to the vagaries of the equity market. To minimise the risk, choose the fund that is least risky like debt fund. Before investing be sure, of the fact that the volatile nature of the market can distract even the most still minds. With even the slightest slide in the market, your invested monies can get disturbed. And what better example than the recent downslide of the market. To be on the safer side, you can choose a debt or balanced fund. So if you play your cards right, you can make this investment work in your favour.
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