hi (how shud i invest)

#1
hi to all,

I am a first time investor ( just started my job). so can i get some advice on how shud i invest the amount which enjoys tax benifits (1 lakhs).

1. which is better ULIP or ELSS.
2. shall i go for conventional manner of life insurance with insured returns too.
3. what shud be the ration on the these. ( Risky, medium and non risky investments)

thanks a lot in advance for any type of suggestions.

regards

Vivek