Invest Smart

There are multiple investment products in the market for you to choose from and to invest your money. However, why not choose a product, which is highly cost-effective and gives you above average returns on investing your hard earned money. For the modern investor, the new-age Unit Linked Investment Plans (ULIPs) is the way forward.

Fund Allocation

The best part of ULIPs is its flexibility, which allows you ample choice of diversification. You as an investor have the choice to decide what kind of fund you wish to invest your money in – Growth, Equity, debt, Income, etc. as per your risk appetite or change in goal. The best part is you can switch your funds from one to another, unlimited times in a year, absolutely free of cost.
What Makes ULIP An Attractive Investment Bet –

  1. The fourth-generation ULIP beats MF from 3rd year itself.
  2. Fund management charge in ULIP is 1.35% vs 1.5% in direct Mutual Funds.
  3. Life cover of 10 lakhs is free of cost as the company has invested more than the mortality charges back through additional allocation, premium allocation and return of mortality charge
  4. ULIP operates under Exempt Exempt Exempt (EEE) framework unlike MF, which has a long term capital gain tax of 10%.

Purpose of Investment

It fulfills all the needs of an investor, which broadly revolves around the following –

  1. Post Retirement Stability
  2. Children’s education
  3. Wealth accumulation
  4. Children’s wedding expense

Investing in ULIP will enable you to reach all your life goals.

 

ULIPs Equity Fund Returns  

Data updated on 16th April 2018 for five year return

Insurance Company Plan Name Name of the Fund (Equity) Returns over the past five years
Edelweiss Tokio Wealth Plus Equity Top 250 Fund 20.3%
SBI Life Insurance eWealth Insurance Equity Fund 16.1%
Max Life Insurance Online Savings Plan High Growth Fund 17.6%
Bajaj Allianz Goal Assure Accelerator Mid-Cap Fund II 25.9%
HDFC Life Click2Invest Opportunities Fund 22.1%

Source: www.policybazaar.com

 

ULIPs Debt Fund Returns

Data updated on 16th April 2018 for five year return 

Insurance Companies Name of the Fund (Debt) Returns over the past five years
Edelweiss Tokio Bond Fund 9.00%
SBI Life Insurance Bond Fund 8.20%
Max Life Insurance Secure Fund 8.40%
Bajaj Allianz Liquid Fund 7.50%
HDFC Life Income Fund 7.50%

Source: www.policybazaar.com