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Fast Track Super Plan

Max Life Fast Track Super

In Unit Linked Plans, the investment risk in the investment portfolio is borne by the policyholder. Life is full of uncertainties, and finances are not an exception. Keeping money in a savings account seems to be the simplest and safest option, but this approach can restrain us from getting a good return. Max Life Fast Track Super Plan (A unit Linked, non-participating individual life insurance plan, UIN: 104L082V04) provides insurance options with a simplistic and safe approach to invest in the market with multiple fund options....Read More

Disclaimer

: In Unit Linked Policies, the investment Risk in the investment portfolio is borne by the policyholder.

Disclaimer

: ^*&10 year return of Nifty Smallcap 250 Quality 50 Index as on 24/07/2023. Max Life Nifty Smallcap Quality Index Fund is passively managed Index Fund that mirrors Nifty Smallcap 250 Quality 50 Index.

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3 Reasons Why You should Buy Max Life Fast Track Super Plan

Achieve long-term goals while securing your future through a single plan
Enjoy market-linked returns by investing in any of the 6 fund options
Get additional loyalty rewards for staying invested

Fund Options and Performance

High Growth Fund
(SFIN: ULIF01311/02/08LIFEHIGHGR104)
Investment Group: Equity
Risk Profile | Very High
Fund 5 year Returns
20.95%
Benchmark 5 year Returns
17.72%
*(Nifty MidCap Free Float 100%)
Nature of Fund
An open-ended equity multi-cap fund focussing on midcaps.
Investment Strategy
This multi-cap fund focuses on mid-cap equities; meaning it invests in companies with long-term high growth potential in terms of capital value assets. At least 70% of the Fund corpus is invested in equities, with the rest invested in government securities, corporate bonds and money market instruments. Hence, the risk involved is relatively higher.
Secure Plus Fund
(SFIN: ULIF01628/04/09LIFESECPLS104
Investment Group: Debt
Risk Profile | Low
Fund 5 year Returns
7.29%
Benchmark 5 year Returns
7.54%
*(CRISIL Bond Index 100%)
Nature of Fund
An open-ended debt fund allowing investments for preferred duration, with the preference for government securities.
Investment Strategy
Through Systematic Transfer Plan (STP), Lifecycle Based Portfolio and Trigger Based Portfolio strategies, this Fund is designed to help investors protect their investment with a higher proportion of sovereign papers by the Government of India’s implicit guarantee for repayment of principal and interest. This Fund invests in debt instruments such as Government Securities, Corporate Bonds, Money Market Instruments etc. authorised by IRDAI for investment. The Government of India/ State Governments, Corporate and banks primarily issue it. No investment is made in equities.
Growth Super Fund
(SFIN: ULIF01108/02/07LIFEGRWSUP104)
Investment Group: Equity
Risk Profile | Very High
Fund 5 year Returns
12.85%
Benchmark 5 year Returns
12.93%
(NSE Nifty 100%)
Nature of Fund
An open-ended equity fund focussing on large caps.
Investment Strategy
It is primarily an equity-oriented fund. At least 70% of the fund corpus is always invested in equities. The rest is invested in debt instruments in government, corporate and money market papers.
Growth Fund
(SFIN: ULIF00125/06/04LIFEGROWTH104)
Investment Group: Equity
Risk Profile | Medium
Fund 5 year Returns
9.63%
Benchmark 5 year Returns
10.70%
*(Crisil Bond Index 50% and NSE Nifty 50%)
Nature of Fund
An open-ended hybrid fund with the equity portion focused on large caps.
Investment Strategy
This fund offers investments across multiple asset classes including Equities, Government Securities, Corporate Bonds and Money Market Instruments. The portfolio will contain a minimum of 20% with an upper limit of 70% invested in stocks. Remaining assets are allocated to debt instruments from Government, corporate and financial instruments.
Balanced Fund
(SFIN: ULIF00225/06/04LIFEBALANC104)
Investment Group: Balanced
Risk Profile | Medium
Fund 5 year Returns
8.63%
Benchmark 5 year Returns
9.54%
*(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, including Government Securities, Corporate Bonds, Money Market Instruments etc. Government of India/ State Governments and to some extent in Corporate Bonds and Money Market Instruments issue it. Up to 40% of its corpus can also be placed into equities, with a minimum requirement of 10% and up to a maximum of 40%.
Conservative Fund
(SFIN: ULIF00325/06/04LIFECONSER104)
Investment Group: Debt
Risk Profile | Medium
Fund 5 year Returns
7.31%
Benchmark 5 year Returns
8.24%
(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 including Government Securities, Corporate Bonds, Money Market Instruments etc. The Government of India/ State Governments and to some extent in Corporate Bonds and Money Market Instruments issue it. The Fund corpus invested is up to 15% in equities.
Secured Fund
(SFIN: ULIF00425/06/04LIFESECURE104)
Investment Group: Debt
Risk Profile | Low
Fund 5 year Returns
6.79%
Benchmark 5 year Returns
7.54%
*(CRISIL Bond Index 100%)
Nature of Fund
An open-ended debt fund that invests across duration.
Investment Strategy
This fund invests in debt instruments including Government Securities, Corporate Bonds, Money Market Instruments etc. authorised by IRDAI. The Government of India/ State Governments, Corporate and banks issues it. No investment is made in equities.
Diversified Equity Fund
(SFIN: ULIF02201/01/20LIFEDIVEQF104)
Investment Group: Equity
Risk Profile | Very High
New Fund
Nature of Fund
An open-ended equity multi-cap fund focussing on large and mid-caps.
Investment Strategy
The purpose of this fund is to invest at least 70% in equities across the entire market capitalisation range, primarily targeting large and mid-cap stocks from various companies to provide investors with long-term growth opportunities while preserving investment liquidity.
Money Market Fund II
(SFIN:ULIF02301/01/20LIFEMONMK2104)
Investment Group: Debt
Risk Profile | Low
New Fund
Nature of Fund
An open-ended liquid fund that invests only in money market instruments.
Investment Strategy
The purpose of the fund is to deliver returns linked to Money Market levels through a portfolio with minimal interest rate and credit risk to provide a high level of safety of capital.
Dynamic Bond Fund
(SFIN: ULIF02401/01/20LIFEDYNBOF104)
Investment Group: Equity
Risk Profile | Low
New Fund
Nature of Fund
An open-ended debt fund that invests for a duration with focus on corporate bonds.
Investment Strategy
The fund generates higher returns by investing in high-quality and safe debt instruments including Government securities, corporate bonds and money market instruments. The aim is to maximise returns by focusing on the portfolio’s safety and liquidity.
Sustainable Equity Fund
(SFIN: ULIF02505/10/21SUSTAINEQU104)
Investment Group: Equity
Risk Profile | Very High
New Fund
Nature of Fund
An open-ended equity fund investing in companies complying with ESG principles.
Investment Strategy
The fund aims to focus on investing in select companies that operate with social and environmental responsibility while following governance standards.
Pure Growth Fund
(SFIN: ULIF02630/12/22PUREGROWTH104)
Investment Group: Equity
Risk Profile | Very High
New Fund
Nature of Fund
Investments in this fund will specifically exclude companies dealing in Banking, Alcohol, Tobacco products, etc. (For details, please refer to the Sales Literature).
Investment Strategy
The fund provides medium- to long-term returns to the investors by actively managing portfolio through investment in equities, cash, and money market instruments. The fund will not invest in companies that derive significant share of income from sectors such as Alcoholic beverages, Tobacco and tobacco products, certain animal produce, Gambling, Banking & Financial Services, and Entertainment (cinema, TV, etc.).
NIFTY Smallcap Quality Index Fund
(SFIN: ULIF02702/08/23NIFTYSMALL104)
Investment Group: Equity
Risk Profile | Very High
New Fund
Nature of Fund
To invest in a basket of stocks drawn from the constituents of the NSE Smallcap 250 Quality 50 index.
Investment Objective
To invest in a basket of stocks drawn from the constituents of the NSE Smallcap 250 Quality 50 index. The objective of the fund is to invest in companies in the above index with similar weights as the index and generate returns as closely as possible, subject to tracking error.

Note: Returns are 5-year Compounded Annualized Growth Rate (CAGR). Past performance is not indicative of future performance. The Star rating is the Overall Rating. Rating and returns are as on 30^th September 2023.

The Above mentioned Fund returns are after deduction of Fund Management Charges (FMC).

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 the fifth year. Returns are 5-year compounded annualized growth rate (CAGR). Rating and returns are as on 30^th September 2023.

© 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 31st Octpber, 2021.

What You Get with Max Life Fast Track Super

6 Fund Options

You get the flexibility to invest in any of the 6 different fund options based on your risk appetite with 12 free fund switches allowed in a year.

Withdrawal Flexibility

You can make 2 free partial withdrawals every year once the lock-in period (5 yrs) is over.

Tax Benefits

You receive tax benefits on your premiums based on the prevailing government norms.

Maturity Benefit

You have the option to receive the total value of the fund on maturity or monthly installment paid over a 5-year period post maturity.

Death Benefit

In case of death of life insured, the higher of life cover or total Fund Value (as on the Date of Death), subject to a minimum of 105% of all premiums paid is paid to the nominee.

Guaranteed Loyalty Additions

Get additional benefits as 0.30% of Fund Value added to your fund by the creation of additional units, starting from 11th policy year.

All You Need to Know about Max Life Fast Track Super Plan

Plan Benefits

As Fast Track Super is a Unit-linked plan, your maturity amount will be equal to the total value of the policy, called Fund Value*, on the date when your policy matures. Further, instead of receiving this amount as a lump sum, you can also choose to convert it into a monthly income under the settlement option.

In the event of the death of the person insured, the nominee will receive the highest of the following sums:

Sum Assured
Fund Value (as on the Date of Death)
105% of all premiums paid

You may be entitled to certain applicable tax benefits on your premiums and policy benefits. However, you are advised to check prevailing government norms for determining your tax exemptions

We have fixed, minimum, and maximum sum assured (life cover) values depending on the Policy Term (10 or 20 years) and Premium Payment Term, which you can choose according to your convenience and needs. The following table lists these values:

Fixed Sum Assured	Single Pay**	1.25 times Single Premium
	5 Pay**	10 times Annualized Premium
	Regular Pay**	10 times Annualized Premium
Minimum Fixed Sum Assured	Single Pay	Rs. 125,000
	5 Pay	Rs. 500,000
	Regular Pay	Rs. 250,000
Maximum Fixed Sum Assured	No Limit, subject to underwriting

If you choose the Regular Pay option for premium payment, 0.30% of Fund Value shall be added to your fund by the creation of additional units, at the end of every policy year starting from the 11th policy year. The loyalty additions increase by 0.02% (absolute) each year thereafter. The additional units shall be created in different funds in proportion to the Fund Value at the time of credit. In case of revival of policies, the loyalty additions for previous years will be paid based on the Fund Value prevailing at the revival date.

*Fund Value = Summation of [Accumulated Units in Fund(s) x NAV of respective Fund(s) as on the Maturity Date]

Note: In case the Maturity Date is a non-working day for the Company or markets then the next working day’s NAV will be applicable.

NAV (Net Asset Value) of a ULIP is the total value of its holdings in the market on any given day (it is calculated daily). The value of NAV is dependent on the value of the fund. As the value of the fund changes according to market conditions, the NAV value changes. You can check your fund and NAV performance here.

Single Pay, 5 Pay, and Regular Pay - are the three Premium Payment Term (the period for which you will invest in this policy) options available under this policy. More details are available under the Premium Payment Options.

How this plan works?

Check your eligibility

Premium Payment Options

Downloads

Systematic Investment Plan

Under this option, your total annual premium (excluding any tax) or Single Premium shall be allocated first to the 'Secure Plus Fund' to purchase Units.
Immediately thereafter and on each subsequent monthly anniversary, the Fund Value of [1 / (13 - month number in the policy year)] of the Units available at the beginning of the month shall be switched to “Growth Super Fund” automatically by canceling Units in the Secure Plus Fund, and purchasing Units in the Growth Super Fund.
It is available in the Single Pay mode and in the 5-Pay and Regular Pay options under the Annual Premium Payment Mode

Dynamic Fund Allocation

Invest In equity-oriented funds in the earlier part of the policy term and later shifts to funds with lower risks (also referred to as conservative funds) as the policy term progresses. You can opt for the Dynamic Fund Allocation option only at the inception of a policy.
Invest In equity-oriented funds in the earlier part of the policy term and later shifts to funds with lower risks (also referred to as conservative funds) as the policy term progresses. You can opt for the Dynamic Fund Allocation option only at the inception of a policy.

Why Choose Max Life

99.51% Claims Paid Percentage

(Source: Individual Death Claim Paid Ratio as per Audited Financials for FY 2022-2023)

269 Offices

(Source : As reported to IRDAI, FY 21-22)

₹1,174,515 Cr. Sum Assured

In force (individual) (Source : Max Life Public disclosure, FY 21-22)

₹1,07,510 Cr. Assets Managed

(Source : Max Life Public disclosure, FY 21-22)

Customer Reviews

Max Life Fast Track Super

“I had already invested in a Max Life child plan which had an investment component. After this investment, I got more curious about ULIP plans and opted for Fast Track Super Plan. I must say there were many occasions where I was unable to understand certain policy details. However, Max Life agents are very helpful and are always available to clear my doubts. I think Max Life ULIPs are the best way to save and grow your money.”

Mr. Mohapatra, 29 years

Max Life Fast Track Super

“I got into my family business even before I could complete my graduation. However, we always used to have huge cash surplus which wasn’t being utilized properly. Since then I have invested this money across share markets and mutual funds. However, I also found Max Life ULIP products highly lucrative in terms of long term returns. There’s life insurance too, which I think is an added bonus. The charges are very competitive, and I would recommend Max Life ULIP plans to anyone new to the investment market.”

Mr. Aggarwal

ARN NO: PDP/FTS/240823

Online Sales Helpline

0124 648 8900(09:00 AM to 09:00 PM Monday to Saturday)
service.helpdesk@maxlifeinsurance.comEmail
SMS ‘LIFE’ to 5616188Message
Let us call you back

Customer Service

1860 120 5577(9:00 AM to 6:00 PM Monday to Saturday)
Chat with us
Write to usPlease write to us incase of any escalation/feedback/queries.

NRI Helpdesk

011-71025900, 011-61329950(9:00 AM to 6:00 PM Monday to Saturday)
nri.helpdesk@maxlifeinsurance.comPlease write to us incase of any escalation/feedback/queries.

Max Life Fast Track Super

Maximise Your Savings With Max Life Investment Plans

3 Reasons Why You should Buy Max Life Fast Track Super Plan

Fund Options and Performance