ULIP is not good to invest even the maturity is tax-free. People now think Unit Linked Insurance plan is better as equity mutual funds have capital gain tax. But these people are wrong. In Budget 2018, Government of India re introduced capital gain tax on equity mutual funds. Now, you have to pay tax if your withdrawn profit from equity mutual funds is more than 1 lakh, then you have to pay 10% as capital gain tax on the over and above 1 lakh profit. But, at the same tax benefit on Unit Linked Insurance Plan Maturity is kept tax free …