How long does it take for KLI Policies to break even?

Natukaka Had Invested Rs. 3 Lakhs in March 2006. Now, his portfolio is valued at Rs. 3.12 lakhs. Investment in policies with 27% load and expense factor. Return of 4% p.a., on the overall investment (borrower's point of view). Returns were 42% (31 on 73, total returns 104)-fund manager's view.

Borrower, if at this moment, is not explained the intricasies, may opt out. But if he stays put, a return of 42% (conservatively 20%) awaits him.