ULIPS VS MF

coming to the very frequent question

which one is better ULIP or MF

for most of you people who have been searching for financial advices would have got bombarded with information that MF is far better than ULIP considering the high amount of premium allocation charge ULIPs charge at the start.

but all those are false ideas

you know why?

i agree ULIP has a big hands down when compared to premium allocation charge (PAC) at the start

but what offsets that disadvantage is that the fund management charge(FMC) is very less compared to MF.

this is more important because FMC is calculated on the total maturity amount which amounts to lot of money.
but PAC is at the premium we pay every year.

so inspite of all these hungama- ULIP is better than MF