If you have bought the Birla Sun Life Saral Enhancer ULIP, you are just as doomed as me. If you are thinking of buying ULIPs in general think 10000 times. Its better to give away your money to charity. I was cheated by Citibank representatives who were selling this. They did not mention any charges that would be levied every single month by BSLI and lied all along about 30% returns.
It has been 5 years since I bought the ULIP and it has yet to ’break even’. In fact it is nowhere close to breaking even. Shamelessly they never stop charging you though. I can’t withdraw my money cause I will have to withdraw at a huge loss. How I wish I could just parked this money in plain savings accounts or even a current account with no interest rate.
Hope this helps someone in making the right decision.