Reviewing a ULIP: HDFC Crest
Learn about how to understand a ULIP from Deepak Shenoy as he reviews HDFC Crest, a Unit Linked Insurance Policy.
1. Understanding premiums and tenures
2. The Guaranteed NAV, how it works and why it's not as good as it sounds
3. A comparison with a Term Plan+MF combination - which is way better!
4. Even performance of the ULIP has been sub-optimal compared to a mutual fund from HDFC (the promoter!)
5. Costs and how they hurt your returns