SBI Life Smart ULIP Concepts - Exposed with fund performance?

Main features(As advertised):
- IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER - Forget about Guarantee.- Assure Guarantee of highest NAV in during the first seven years on Maturity.- Manage and give you maximum opportunity for your investment to grow while protecting your investments against market conditions.- Fixed Sum Assured 5 * AP (Annualized