What should I do about my Prudential ILP?

Why did you sign up in the first place?

List down the pros and cons and your ability to continue to service it as well as the potential opportunity cost if you stick with it. Or give it up.

If you give it up, do you think how to utilize the cash intelligently?

Do not cancel your ILP policy. Stick with it or you might lose all of your supposed amount in it.