Unit Linked Insurance Plan (ULIP)

We all have a wish list somewhere - a new house, a lavish family vacation or a luxury car. These wishes can be fulfilled with a disciplined investments in a plan helps you accumulate money and also protects it.

 

ULIPs are one of the best investment plans to help you create lumpsum and fulfill your wishes. Along with a life cover, these plans help you stay on top of the market changes through good returns on investment. This is because they provide a combined benefit of life cover with investment growth.

What are ULIP plans?

ULIPs are life insurance cum investment options which provide you an opportunity to invest in stocks, bonds or mutual funds for multiplied growth while providing you with a protection cover. ULIPs provide a flexible approach to investment planning as they allow you to safely balance your fund with equity and debt components, with options to switch as the market changes.

Why to invest in ULIPs?

Investing in a ULIP for long term can be a smart decision because:

1. It is safe and secure investment with healthy market returns

2.It  offers flexibility to make changes to funds thereby securing your money  from market ups and downs

3. It enables you to save tax on your investments and returns

4. It also provides life cover to protect your family

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What are ULIP plans?

Why to invest in ULIPs?

Who should invest in ULIPs?

  • If you want growth with protection on your money
  • If you seek flexibility to manage your money
  • If you want transparency of your investments

Here are 5 tips to buy a ULIP plan:

Save Tax With Ulips - Max Life Insurance

Here are 5 tips to buy a ULIP plan:

  • plan-icon

    Multiple Fund Options

  • plan-icon

    Transparent Charge Structure

  • plan-icon

    Flexibility to choose policy term and premium payment term

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    Maturity Benefits

  • plan-icon

    Death Benefits

Choose your ULIP Plan

Choose your ULIP Plan

MAX LIFE FLEXI WEALTH PLUS PLAN

  • Guaranteed Loyalty Additions and Guaranteed wealth Boosters to boost fund value
  • Choice of 10 funds; protection from market volatilities with five investment strategy options
  • Return of Mortality Charges upon surviving the plan tenure
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MAX LIFE PLATINUM WEALTH PLAN

  • Life cover of 10 times the total premium paid in a year

  • Choice of 6 funds; protection from market volatilities with two strategy options

  • Additional wealth boosters to enhance your overall fund value

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MAX LIFE FAST TRACK SUPER

  • Grow your fund with loyalty additions
  • Choice of 6 funds; protection from market volatilities with two strategy options
  • Tax Benefits based on the prevailing tax laws
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Fund options and their performances

Below are different funds available for investment

Fund options and their performances

Below are different funds available for investment
Growth Fund
(SFIN: ULIF00125/06/04LIFEGROWTH104)

Investment Group: Equity

Fund Returns
5.50%
Benchmark* Returns
6.25%
*(Crisil Bond Index 50% and NSE Nifty 50%)
Nature of Fund
An open ended hybrid fund with equity portion
focused on large caps
Investment Strategy
This fund invests in various asset classes such as Equities, Government Securities, Corporate Bonds and Money Market Instruments. The equities exposure in the Fund will at all times be at a minimum of 20% but not more than 70%. The Fund invests the remaining Fund corpus in debt instruments across Government, corporate and money market papers.
Balanced Fund
(SFIN:  ULIF00225/06/04LIFEBALANC104)

Investment Group: Balanced

Fund Returns
7.10%
Benchmark* Returns
7.64%
*(Crisil Bond Index 70% and NSE Nifty 30%)
Nature of Fund
An open ended hybrid fund investing in a mixture of debt instruments and equities
Investment Strategy
This fund invests primarily in debt instruments such as Government Securities, Corporate Bonds, Money Market Instruments etc. issued primarily by Government of India/State Governments and to some extent in Corporate Bonds and Money Market Instruments. The Fund invests minimum of 10% and up to maximum of 40% of Fund corpus in equities.
High Growth Fund
(SFIN: ULIF01311/02/08LIFEHIGHGR104)

Investment Group: Equity

Fund Returns
4.06%
Benchmark* Returns
-4.74%
*(Nifty MidCap Free Float 100%)
Nature of Fund
An open ended equity multicap fund with focus on midcaps
Investment Strategy
The fund is a multi-cap fund with a focus on mid cap equities, where predominant investments are equities of companies with high growth potential in the long term (to target high growth in capital value assets). At least 70% of the Fund corpus is invested in equities at all times. However, the remaining is invested in government securities, corporate bonds and money market instruments; hence the risk involved is relatively higher.
Growth Super Fund
(SFIN: ULIF01108/02/07LIFEGRWSUP104)

Investment Group: Equity

Fund Returns
4.55%
Benchmark* Returns
2.58%
*(NSE Nifty 100%)
Nature of Fund
An open ended equity fund with focus on large caps
Investment Strategy
This is primarily an equity oriented fund. At least 70% of the Fund corpus is invested in equities at all times. The remaining is invested in debt instruments across Government, corporate and money market papers.
Conservative Fund
(SFIN: ULIF00325/06/04LIFECONSER104)

Investment Group: Debt

Fund Returns
7.42%
Benchmark* Returns
8.92%
*(Crisil Bond Index 90% and NSE Nifty 10%)
Nature of Fund
An open ended hybrid fund investing predominantly in debt instruments
Investment Strategy
Conservative Fund invests primarily in debt instruments such as Government Securities, Corporate Bonds, Money Market Instruments etc. issued primarily by Government of India/State Governments and to some extent in Corporate Bonds and Money Market Instruments. The Fund invests up to 15% of Fund corpus in equities
Secure Plus Fund
(SFIN: ULIF01628/04/09LIFESECPLS104

Investment Group: Debt

Fund Returns
8.77%
Benchmark* Returns
9.50%
*(CRISIL Bond Index 100%)
Nature of Fund
An open ended debt fund which invests across duration with bias towards government securities
Investment Strategy
(This Fund is available only under Systematic Transfer Plan (STP), Lifecycle Based Portfolio and Trigger Based Portfolio strategy) .The investment objective of the Fund is to provide higher security of investment by way of higher proportion of investment in sovereign papers that carry an implicit guarantee for repayment of principal and interest from the Government of India. This Fund invests in debt instruments such as Government Securities, Corporate Bonds, Money Market Instruments etc. issued primarily by Government of India/State Governments, Corporate and banks. The Fund also invests in money market instruments as prescribed by IRDAI. No investment is made in equities.
Secure Fund
(SFIN: ULIF00425/06/04LIFESECURE104)

Investment Group: Debt

Fund Returns
8.01%
Benchmark* Returns
9.48%
*(CRISIL Bond Index 100%)
Nature of Fund
An open ended debt fund which invests across duration
Investment Strategy
This fund invests in debt instruments such as Government Securities, Corporate Bonds, Money Market Instruments etc. issued primarily by Government of India/State Governments, Corporate and banks. The Fund also invests in money market instruments as prescribed by IRDAI. No investment is made in equities.
Diversified Equity Fund
(SFIN: ULIF02201/01/20LIFEDIVEQF104)

Investment Group: Equity

New Fund

Nature of Fund
An open ended equity multi cap fund with focus on large and mid caps
Investment Strategy
The investment objective of the fund is to invest at least 70% of the fund corpus in a diversified basket of equity stocks over the entire market capitalisation range, primarily focusing on large and mid-cap companies covering a wide variety of sectors to provide investors with long term growth opportunities while ensuring liquidity of investments.
Money Market Fund II
(SFIN:ULIF02301/01/20LIFEMONMK2104)

Investment Group: Debt

New Fund

Nature of Fund
An open ended liquid fund which invests only in money market instruments
Investment Strategy
The investment objective of the fund is to deliver returns linked to Money Market levels through a portfolio with minimal interest rate and credit risk so as to provide a high level of safety of capital.
Dynamic Bond Fund
(SFIN: ULIF02401/01/20LIFEDYNBOF104)

Investment Group: Debt

New Fund

Nature of Fund
An open ended debt fund which invests across duration with bias towards corporate bonds
Investment Strategy
The investment objective of the fund is to generate superior returns by investing in high quality debt instruments including Government securities, corporate bonds and money market instruments with an objective to maximize returns keeping in mind safety and liquidity of the portfolio.

Note: Returns are 5 year compounded annualised growth rate (CAGR). Past performance is not indicative of future performance. Star rating is Overall Rating. Rating and returns are as on 31st May,2020.

In the unit linked insurance policies, investment risk in the investment portfolio is borne by the policy holder. Past performance is not necessarily indicative of future performance. The linked insurance products do not offer any liquidity during the first five years of the contract the policyholder will not be able to surrender/withdraw the monies invested in linked insurance products completely or partially till the end of fifth year. Returns are 5 year compounded annualised growth rate (CAGR). Rating and returns are as on 31 May, 2020.

© 2020 Morningstar. All Rights Reserved. The information, data, analyses and opinions (“Information”) contained herein: (1) include the proprietary information of Morningstar and its content providers; (2) may not be copied or redistributed except as specifically authorised; (3) do not constitute investment advice; (4) are provided solely for informational purposes; (5) are not warranted to be complete, accurate or timely; and (6) may be drawn from fund data published on various dates. Morningstar is not responsible for any trading decisions, damages or other losses related to the Information or its use. Please verify all of the Information before using it and don’t make any investment decision except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up.

The ‘Morningstar Overall Rating’ is a quantitative assessment of a fund’s past performance—both return and risk—as measured from one to five stars, with one (1) being the lowest and five (5) being the best as on 31 May, 2020.

Why Choose Max Life

Here are some of the numbers which speak about our accomplishments

Why Choose Max Life

Here are some of the numbers which speak about our accomplishments
Claims Paid Percentage

99.22%

99.22%

(Source : As per Annual Audited Financials, FY' 19-20)

Max Life Presence

269 Offices

269 Offices

(Source : As reported to IRDAI, FY19-20)

Sum Assured

₹9,13,660 Cr.

₹9,13,660 Cr.

In force (individual) (Source : Max Life Public disclosure, FY19-20)

Assets Under Management

₹68,471 Cr.

₹68,471 Cr.

(Source : Max Life Public disclosure, FY19-20)

More reasons why our customers choose us

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Customer Reviews on Max Life ULIP Plans

Customer Reviews on Max Life ULIP Plans

There was a time when I felt uncomfortable the moment anyone discussed stock markets and mutual funds. I am still not sure how they work. However, a friend of mine had invested in Max Life ULIP plans, and he encouraged me to explore the same. I am glad that I took his advice seriously. Max Life ULIP is one of the best investment plans in the market with complete flexibility to invest in debt and equity funds as and when required.

Mr. Shinde, 33

Pune

Let’s Connect

Let’s Connect

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