LIC Money plus ULIP?

I have invested 10K in LIC’s Money plus(Growth) last year and got around 620 units. This year I have paid another 10K getting around 900 units. Assuming i will get another 900 units when I am paying my 3rd premium of 10K, i will have 2400 units (approx) next year. My ploicy term is 5 years . Currently the NAV for this unit is 9.20 . Assuming it will come around 10.5 at the end of 5th year (This NAV is coming up very slowly … OMG). So my total value at the end of my policy period will be = 10.5*2400 = 25200 which is actually loss to my 30K investment .. Are my calculations correct ? I am really worried investing 30K and waiting for 5 years what I am going to get is nothing but some loss…. Are there any bonus amount will be given when the policy period is completed ? How can i cover these losses then ? I really need some advice here and also about the features of ULIP policies..

Thanks in advance

How to rebalance my MF portofolio?

I have invested in these ELSS(Dividend/Dividend Reinvestment)

1. Sundaram BNP Tax Saving
2. Birla Tax Relief’96
3. HDFC Long Term Advantage Fund
4. ICICI Prudential Tax Plan
5. SBI Magnum Tax Gain

Of these 5, only HDFC, ICICI are doing well.

I have invested in Equity/Balanced funds too(Dividend/Dividend Reinvestment)

1. UTI Children Career Plan(balanced)
2. LIC Money Plus
3. HSBC Equity
4. Reliance Growth Fund
5. Reliance Diversified Power Sector
6. Sundaram BNP Paribas Select Focus
7. Sundaram BNP Paribas Select Midcap
8. ICICI Prudential Infrastructure Fund
9. DSP BR Top 100 Equity
10. DSP BR India T.I.G.E.R

Of these 10, only DSP BR Top 100 Equity, DSP BR India T.I.G.E.R, ICICI Prudential are doing well

Please suggest me a good strategy to rebalance my portfolio. As the market is swinging I am not considering debt/gilt funds. Instead I prefer bank FDs.

Thank you very much


Sundaram BNP Tax Saver10000
SBI Tax Saver5000
Birla Sun Life Tax Saver5000
Principal Personal Tax Saver 5000
ICICI Prudential Tax Saver5000
HDFC Long Term Advantage Fund 5000
LIC MoneyPlus10000
Sundaram BNP Select MidCap17500
Sundaram BNP Select Focus17500
Reliance Growth11500
Reliance Diversified PowerSector5000
HSBC Equity10000
ICICI Prudential Infrastructure19000
DSP BR India T.I.G.E.R25500
DSP BR TOP 100 Equity 22500
UTI Children Career Plan (Balanced)10000