With equity mutual funds coming under the ambit of taxation in the recent Budget 2018-19, insurance companies have made a strong case for selling ULIPs to investors. While a 10 per cent tax has been imposed on long term capital gains of equity mutual funds, ULIPs continue to remain tax free. Insurance agents have been dwelling on this tax disparity as part of their sales pitch. If this has got you thinking or confused whether to buy ULIPs or mutual funds, read on further to f