You can transfer your ULIP assets in one portfolio to another portfolio for the purpose of gifting or for the purpose of transferring from one demat account to another. Please follow the below process:

1. Right click on the ULIP name. Next, select Advanced and click on 'Transfer Asset to another portfolio'.

2. Next, select the portfolio (or Other / Gift) to which you would like to transfer the ULIP asset from the To Portfolio dropdown, enter the quantity you need to transfer and click Save