Ask the agent to provide the yield table illustration after deducting the mortality, rider and administration charges. During the sales promotion these charges will not mentioned.These chargers + allocation charges will come around 13 percentage of the premium paid.
Apart from this 1.33 percentage for fund management charge would be included in NAV. The fund should generate 15 percentage per annum minimum to break-even. Leave alone profit.
In my opinion, not a single fund is generating 15 percentage return.
Hence do not enter ULIP.