ULIP Vs Mutual Funds

Was going through an interesting article on ULIP VS MF. It stated five reasons why ULIPS donot score over MFs . They are

Higher Agent Commissions
Costlier exit options:
No Track record:
Larger Commitments:
Insurance versus Investment:

For more details

http://economictimes.indiatimes.com/Personal_Finance/Mutual_Funds/Analysis/Five_key_reasons_why_mutual_fund_schemes_score_over_insurance_ULIPs/articleshow/2190289.cms

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