Very well explained. Very true. I purchased an ABSL ULIP Plan for 5 years at the age of 55 years. The performance of the plan during those contributory 5 years was not very satisfactory. However the NAV of the plan shot up from the 6th year onwards. It is 7 years now, and the returns are more than 18%. Whats more, it will be totally tax free whenever I surrender it.
If possible, purchase ULIPs in your wife or son names to reduce the mortality charges. I guess, you could have done it in your ages. I myself also had purchase 2 ULIPs so far with no time frame for the policies. After few years, it will become MF for me with almost no excess charges
Invested : Aditya birla 10 lakhs ( 2 lakhs x 5 ) today it is 21.5lahs Tata aia ( 2x 5 years ) paid until now 8 lakhs and showing now 11.5 Sbi ulip just paid 6 lakhs now shpwing 6.93 lakhs .
Great insight sir. Most of the videos on you tube having only negative views. Probably they fail to understand that for comman person it is really hard to make money even from direct equity investment. It is difficult to stay invested against market volatility. I am having ULIP from HDFC. Initials years were having disappointment looking at principal amount invested after all deduction of charges. After 10 years, I can say that it is performing well and the good part is the locking period which makes us go through the disciplined and structured investment againt all odds of market situation.
Nice informative video. you should add another very important point here, "US or Canadian NRIs are getting opportunity to invest in Indian MF where they are restricted from most of the fund houses through ULIP".
Thanks for this video sir, I have been telling the concept of zero tax on ulip to my friends but they are eclipsed by the life insurance charges and are unable to see the advantage of ULIP. You have fortified my belief in ULIP
Hi sir, As advised plans should be >2.5lakhs, but I have invested 2 lakhs for me and 1 lakhs for my wife, cummulating 3 lakhs per annum. Is this correct or any other way to merge together. ?
Great video, sir. Very informative and enlightening. Is it possible for an Indian with foreign passport to invest in ULIP? Also, is it possible to invest lumpsum amount in ULIP? Would the returns on the lumpsum amount be taxed in the end?
The one and only one video I saw in favour of ULIPs. I have started with SBI smart retire plan where there is no mortality charges so it does not guarantee any high insurance amount other than fund value in case of any unforeseen event
You said both mutual fund and ulip has almost same maturity capital. So why we should take ഇത് long for 20 years? We can take it for less than 10 years
Which is better for NRI, who want to get the money back to usa after maturity, is it true mutual funds are taxable in usa and ulips are not taxable in usa after maturity ?
No sir, back testing shows mf return are higher by @1.5-2% more than ULIP( may b due to charges & mortality charges) Result after paying tax both returns are more or less same. Where Ulip stands tall is additional life cover and if you can time market(Rebalance) , due to zero tax, it can give huge differential return
Lets say premium is above 2.5 lakh per year and I am not looking to rebalance over time. Then I dont see any advantage of ulip over mutual fund. Is that correct? I feel that ULIPs has different charges/conditions unnecessarily compkicating things and creating doubt in mind of consumer. Whereas mutual funds charges conditions etc seem much simpler.
Hello sir, you are expressing the fact that ULIP will work in the long term but any reason why this will be better than the combination of term plan plus mf in the long run even if we pay taxes on rebalancing in MF
1. ULIPs maturity is tax free while MF, you have to pay taxes. 2. If you are well versed with the market conditions, than ULIPs usually gave 2 free chances annually to switch your funds choices. Its not only about Equities but also debt. While in MF, you need to pay tax on every switch.
I have considered the ULIP plan before 3 years for the bellow reason 1). Tax benefits under 80cc 2). if market crash we have freedom to switch to debt and again come back to equity without any charges, this will make a hug impact on the return 3). zero tax on the maturity my ULIP plan by tata has so far given me 31% of yearly return since last 3 years, i am really impressed by the result and thinking to buy one more policy.
One doubt i have is, If i invest the same amount 2.5 lakh per year in ELSS Mutual fund, then after 3 years lock period over that also will give tax free returns right?? (Of course there is no insurance covered on MF)
Sir can you please explain why a minimum of 2.5 lakhs per annum as the returns are going to from the market and ideal case percentage wise should yield similar results?
While it is true that ULIPs have a tax advantage, you must remember that the mortality and fund management charges have 18% gst. I would say that the tax advantage is negated because of the gst especially on the mortality charges.
I have done sbi retire smart policy. Already 5 instalment from 2017 to 2023. Waiting for 5years. After that pension will start. Can u give some insight about that ❤
The husband wife part where you are saying 2.5 L each can invest to get 10_10(D) If my wife doenot earn money Then it means i only have to pay premium for ulip bought in wifes name where she is the main proposer. Is it really possible to get tax maturity benifit here in such case ? All my concern is IT department will not understand it ?
@@NRIMoneyClinic thanks. Is this not a ULIP because its guaranteed returns? What type pf scheme is this? I was convinced for this by the bank but since then I am confused if its a good plan or not. Whqt are your thoughts? Its 18 years with IRR 6.5% in case no casualties.
One doubt i have is, If i invest the same amount 2.5 lakh per year in ELSS Mutual fund, then after 3 years lock period over that also will give tax free returns right?? (Of course there is no insurance covered on MF)
Hi Sir , I have taken HDFC life click 2 invest ulip , paying 1L pa and maturity is 10 years. But as I saw in policy doc the gross yield % is 8 and net yield % is around 5.1 , is this a good plan? Just thinking that there is high charge rate
One doubt i have is, If i invest the same amount 2.5 lakh per year in ELSS Mutual fund, then after 3 years lock period over that also will give tax free returns right?? (Of course there is no insurance covered on MF)
I agree to all the points, but what if the regulation changes tomorrow? Earlier whole amount was tax free now only 2.5 lpa. What happens to Ppl who had started policies of more than 2.5 lpa.. In future govt can say only for 50k there is tax benefit.. Should one really invest assuming the tax treatment will continue to be the same?
You buy now Then you can get benifit of 2.5L Even in in future it is changed if u buy now it will not affect you. Unlike MF in ULIPS the effect comes post dated of the tax rule. Means older policies are spared. Only new policies which is bought after the tax law change gets affected.
@@mainakmallick1143 Even now, there is max cap on the contribution, beyond that, the there is no tax benefit. This is subject to govt regulations. Hence, I called ULIP Sub-par, once there isn.t better tax treatment to a ULIP compared to MF; its hard to argue for ULIP.
I think there are lots of confusion regarding ULIP because there are plenty of videos where people showcase their MF portfolio and can display the xirr and return The same is not available for ULIP. nobody is showing their Ulip return which they are doing from last 8-10 years
@@Marss-yh8io Bro what are the benefits of this axis max life high growth fund vs like nippon small cap? My bank manager calls me to invest in this max life growth saying it will give 23 lakhs if you invest 2.5 lakh every year for 5 years(12.5L invested), plus some death insurance. But I already have LIC life coverage and health insurance united India. I am not earning any money in India but I have funds to invest atleast 50 lakhs. what can I do? because I want to avoid tax as much as possible on LTCG. so for example my earning today through jobs is 0 ruppees, and after say 5 years through mutual funds is 5 to 10 lakhs every year, will I be charged the same 12.5% tax as per LTCG if i did a normal mutual fund and if I did a max life axis insurance mutual fund, he says some tax benefits is there. I don't get it what tax benefits is that if my salary income is zero, so which fund is better for best returns?
Will I save more tax and overall make more returns if I did a max life or will I gain more if i rather did my own research and just invested in mid cap and small cap funds ?? As anyways my salaried income is zero, so my tax bracket will be less only right
It has nothing to do with family .. tax free limits are 2.5 lakhs per person per year for premium contribution. Any amount in excess of this will attract 10% capital gains tax at maturity
@@NRIMoneyClinic My salary is zero in India, will I save more tax while gaining more returns if I did axis max life high growth MF or is it better to stick with small cap and mid cap and still the 12.5% tax doesn't affect much. Because I already have LIC life and United india Health insurance. I am 30 years and family of 4. paying LIC yearly 3 lakhs atleast and 1 lakh for health insurance
MY BRO WAS INSISTED FOR INVESTMENT BY SBI BANK, SBI GAVE ULIP POLICY @ 28YRS OF HIS AGE,BY THE NEXT YEAR JUNE IT IS ABOUT TO MATURE HIS POLICY. BY NOW IRR IS 4.5. SBI LIFE SMART WEALTH NOT MANAGED HIS ULIP ACCORDING TO HIS AGE. NOT INVESTED IN EQUITY THEY INVESTED ALL AMOUNT IN BOND FUNDS WHAT IS THE USE OF THIS ULIPS.?
Longest standing fund under ULIP Is Maximiser from ICICI Prudential , it has track record of over 2 decades and clocking a CAGR return of approx 14% over.. that is in line with any long standing MF large cap
Sir Good morning I am seriously fear of loosing money. I am 32 years old. Invested 1.5L PA in SBI e wealth insurance ULIP plan for 18 years. There is no concept of wealth booster on 10th, 15th and 20th years. They are charging Mortality charges (refund after 8th year) Tax, FMC and admin charges. Fund allocation is 80% on equity and 20% on Bonds MF i may stop and withdraw so i opted ULIP for my long-term goal. Am i moving on right track? Of should i discontinue policy? 18 years plan - paid 5 months premium.
@@R2Js Bhai English samajh me nhi ayi Teri. Kahana kya chahte ho? BTE I also have ULIPs and purchased them when everyone are against them. Next time, buy ULIP where there is no end of the ULIP plan. Means paid for 12 years. And maturity is at 2053. Buy such plans.
CAN TATA AIA GUARANTEE RETURN OF 15% ON ULIP.WHY YOU ARE MISGUIDING INOCENT PEOPLE???ONE SHOULD NEVER GO FOR ULIP Insurance OF ANY COMPANY RATHER PUT MONEY IN FD TO GET AT LEAST 8% ASSURED RETURN
Of course tata aia ulip is not a guaranteed return plan,which i understand verywell.Iam not confused like you as you replied.my question is very simple,can tata aia can give return@15% on
Please check fund performance of your large cap funds under TaTa Ulip .. whatever market gives, the fund should give similar returns .. that is a fair expectation.. cannot guarantee any number
I got whopping 70% return in one year from tata aia small cap discovery, I bought it NFO, ulips best when kept for more than 10 years, dnt listen to anybody
सबसे घटिया प्रोडक्ट है।म्युचुअल फंड बेस्ट है , 5 साल का lockin और भी बेकार, सही परफॉर्म नही किया तो? आपका एक भी तर्क valid नही है , इंश्योरेंस के लिए ट्रेडिशनल प्लान लेना चाहिए ।
Your services are available only for people who can save more than 1 lakh per month and when we give details to you only such as personal details email , phone number and all I keep getting calls from different financial planners which means the numbers are going to marketers or fraudsters from you..and you need all the data just to confirm you need people who can save more than 1 lakh ..why can't you tell us before without wasting our time.
If someone investing in a ₹50 lakhs Sum Assured ULIP generating 12% returns for 20 years dies after paying 15 years of premium, then his family will end up getting only ₹93.19 lakhs (higher of fund value or insured value) against investments of ₹37.5 lakhs !! That’s insane amount of money to pay for life insurance vs a term plan! Best thing to do is to buy a seperate Term Insurance for ₹10,00 per annum (Sum assured ₹1 crore) & do a SIP of ₹20000 every month into mutual funds. In case of death, the nominee under Term policy will get ₹1 crore & plus the nominee under mutual fund will get ₹80 lakhs post taxes. So total payout to nominee will be ₹1.8 crore instead of just ₹93.19 lakhs under ULIP! & in both cases the total investment as an investor/ policy holder remains the same Which is ₹37.5 lakhs !
First time hearing Good about ULIP.Thanks .
Very well explained. Very true. I purchased an ABSL ULIP Plan for 5 years at the age of 55 years. The performance of the plan during those contributory 5 years was not very satisfactory. However the NAV of the plan shot up from the 6th year onwards. It is 7 years now, and the returns are more than 18%. Whats more, it will be totally tax free whenever I surrender it.
If possible, purchase ULIPs in your wife or son names to reduce the mortality charges.
I guess, you could have done it in your ages.
I myself also had purchase 2 ULIPs so far with no time frame for the policies. After few years, it will become MF for me with almost no excess charges
No tax free if u touched 2.5 lakh yearly investment
My CA says it will be tax free since they (ULIPs) were purchased in 2017.
NRI Money Clinic, Subscribed because your videos are so much fun!
Invested :
Aditya birla 10 lakhs ( 2 lakhs x 5 ) today it is 21.5lahs
Tata aia ( 2x 5 years ) paid until now 8 lakhs and showing now 11.5
Sbi ulip just paid 6 lakhs now shpwing 6.93 lakhs .
Great insight sir. Most of the videos on you tube having only negative views. Probably they fail to understand that for comman person it is really hard to make money even from direct equity investment. It is difficult to stay invested against market volatility.
I am having ULIP from HDFC. Initials years were having disappointment looking at principal amount invested after all deduction of charges. After 10 years, I can say that it is performing well and the good part is the locking period which makes us go through the disciplined and structured investment againt all odds of market situation.
Now with the introduction of a higher LTCG, importance of having some exposure in ULIP would be more visible to common man.
Nice informative video. you should add another very important point here, "US or Canadian NRIs are getting opportunity to invest in Indian MF where they are restricted from most of the fund houses through ULIP".
Thanks for this video sir, I have been telling the concept of zero tax on ulip to my friends but they are eclipsed by the life insurance charges and are unable to see the advantage of ULIP. You have fortified my belief in ULIP
You can switch between multiple funds within ULIPs without paying charges or capital gain tax. A hidden but precious feature
@@MINATOYELLOWFLSH2005 i hope switching charges are there as mandate if u switch.
Hi sir, As advised plans should be >2.5lakhs, but I have invested 2 lakhs for me and 1 lakhs for my wife, cummulating 3 lakhs per annum. Is this correct or any other way to merge together. ?
True advise. Important point do not buy for Insurance purpose and not to park ALL your money in ULIP.
Very good Info, and what about Maxlife Unit Linked non Participating Insurance Policy ??
Great video, sir. Very informative and enlightening.
Is it possible for an Indian with foreign passport to invest in ULIP?
Also, is it possible to invest lumpsum amount in ULIP? Would the returns on the lumpsum amount be taxed in the end?
Thank you. Now, I fully understand the ULIP plans.
Sir, Too good a presentation capacity & extremely useful video🙏
The one and only one video I saw in favour of ULIPs. I have started with SBI smart retire plan where there is no mortality charges so it does not guarantee any high insurance amount other than fund value in case of any unforeseen event
You said both mutual fund and ulip has almost same maturity capital. So why we should take ഇത് long for 20 years? We can take it for less than 10 years
Great video and great presentation.
Thank you
great and clear explanation
Which is better for NRI, who want to get the money back to usa after maturity, is it true mutual funds are taxable in usa and ulips are not taxable in usa after maturity ?
No sir, back testing shows mf return are higher by @1.5-2% more than ULIP( may b due to charges & mortality charges) Result after paying tax both returns are more or less same. Where Ulip stands tall is additional life cover and if you can time market(Rebalance) , due to zero tax, it can give huge differential return
How did you do back testing ? Can you give modalities of this back testing?
Thanks for the video! Very educative and insightful.
Gr8 video, really appreciate,very informative video❤
Please provide information in Hindi also so that maximum people can get benefit...❤❤❤
कृपया घ्यान दीजिये...❤❤❤
Lets say premium is above 2.5 lakh per year and I am not looking to rebalance over time. Then I dont see any advantage of ulip over mutual fund. Is that correct? I feel that ULIPs has different charges/conditions unnecessarily compkicating things and creating doubt in mind of consumer. Whereas mutual funds charges conditions etc seem much simpler.
You have every right to invest wherever or whichever product you have faith and comfort with
Hello sir, you are expressing the fact that ULIP will work in the long term but any reason why this will be better than the combination of term plan plus mf in the long run even if we pay taxes on rebalancing in MF
1. ULIPs maturity is tax free while MF, you have to pay taxes.
2. If you are well versed with the market conditions, than ULIPs usually gave 2 free chances annually to switch your funds choices. Its not only about Equities but also debt. While in MF, you need to pay tax on every switch.
Great explanation sir
It really helps to visualise ulip usages for a longer term 🎉🎂
I have considered the ULIP plan before 3 years for the bellow reason
1). Tax benefits under 80cc
2). if market crash we have freedom to switch to debt and again come back to equity without any charges, this will make a hug impact on the return
3). zero tax on the maturity
my ULIP plan by tata has so far given me 31% of yearly return since last 3 years, i am really impressed by the result and thinking to buy one more policy.
Hdfc flexi cap fund is performing good now
In Tata which ulip plan sir name please
@@suba5324 iSystematic Investment Plan
Very useful information, thank you so much
Hello sir I am invested in ageas federal platinum wealth plan 2.0 ,with 2.5 lac premium per year plan . midcap
.is it a good one
Is ulip plan by lic good?
There is no profit of ULIPs if premium amount is more than 2.50 lakhs per annum.
Because there is no income tax relief for the maturity.
Keep it below 2.50, what's the issue 😂
@@Marss-yh8io capital gain tax.
@@MINATOYELLOWFLSH2005good info, what about sum assured ? Can I keep it below x10 times of premium?
One doubt i have is, If i invest the same amount 2.5 lakh per year in ELSS Mutual fund, then after 3 years lock period over that also will give tax free returns right?? (Of course there is no insurance covered on MF)
@@sreenathm3134 nope. It will be taxed at LTGC and STGC rate.
Sir can you please explain why a minimum of 2.5 lakhs per annum as the returns are going to from the market and ideal case percentage wise should yield similar results?
While it is true that ULIPs have a tax advantage, you must remember that the mortality and fund management charges have 18% gst. I would say that the tax advantage is negated because of the gst especially on the mortality charges.
Not correct
@ oh, Thanks. Let me re check.
So SGB are also tax exempted and can be used as second source of income. Also has no limit of 2.5 LPYear
What does SGB achieve? .. I feel it is waste of resources
He did not say ULIP has a 2.5L limit. pls rewatch
ELSS vs ETF vs ULIPs
Please do a video in this topic sir... 5:39
I have done sbi retire smart policy. Already 5 instalment from 2017 to 2023. Waiting for 5years. After that pension will start. Can u give some insight about that ❤
The husband wife part where you are saying 2.5 L each can invest to get 10_10(D)
If my wife doenot earn money
Then it means i only have to pay premium for ulip bought in wifes name where she is the main proposer.
Is it really possible to get tax maturity benifit here in such case ?
All my concern is IT department will not understand it ?
Hello sir, I have started a ULIP with ABSLI assured savings plan for long term...is it good or bad? Are the returns less?
I do not think what you bought is a ULIP
@@NRIMoneyClinic thanks. Is this not a ULIP because its guaranteed returns? What type pf scheme is this? I was convinced for this by the bank but since then I am confused if its a good plan or not. Whqt are your thoughts? Its 18 years with IRR 6.5% in case no casualties.
I am investing 55k per year, should i stop as per your recommendation?
Is it good for NRIs and OCIs
One doubt i have is, If i invest the same amount 2.5 lakh per year in ELSS Mutual fund, then after 3 years lock period over that also will give tax free returns right?? (Of course there is no insurance covered on MF)
No ELSS is mutual fund and every Mutual fund is under taxation
Above 2.50 lakhs investment per annum ulips too are taxable. Sir Please clarify
That is correct as on date
What will be the tax percentage on maturity if we invest more than 2.5 lakh every year?
10% of profits
Hi Sir , I have taken HDFC life click 2 invest ulip , paying 1L pa and maturity is 10 years. But as I saw in policy doc the gross yield % is 8 and net yield % is around 5.1 , is this a good plan? Just thinking that there is high charge rate
Cannot comment on it . Gross yield to net yield difference is too high . There is missing information here
@@NRIMoneyClinic ok sir can I cancel the policy now? It git issued on this month of 1st october 2024 , so can i get full refund now if i cancel it?!
One doubt i have is, If i invest the same amount 2.5 lakh per year in ELSS Mutual fund, then after 3 years lock period over that also will give tax free returns right?? (Of course there is no insurance covered on MF)
@@sreenathm3134 there is no tax free returns in MF
If you can send me the policy pdf I can guide you in detail.
Unable to find link to your old videos on ULIPs
Hi Sir, I am a NRI in germany. If i invest in ULIP, 2.5lk per annum, will the no tax rule work here as well? Or is it only for indian residents?
Also is there a taxation on the premium paid?
I agree to all the points, but what if the regulation changes tomorrow?
Earlier whole amount was tax free now only 2.5 lpa. What happens to Ppl who had started policies of more than 2.5 lpa..
In future govt can say only for 50k there is tax benefit..
Should one really invest assuming the tax treatment will continue to be the same?
You buy now
Then you can get benifit of 2.5L
Even in in future it is changed if u buy now it will not affect you.
Unlike MF in ULIPS the effect comes post dated of the tax rule.
Means older policies are spared.
Only new policies which is bought after the tax law change gets affected.
@@mainakmallick1143 but then you are stuck with a sub par product for rest of the policy term, if the whole idea was to save the tax.
@@eggyolk2519 why sub par ?
It is at par.
You need to cleverly eliminate sub par , it is possible
@@mainakmallick1143
Even now, there is max cap on the contribution, beyond that, the there is no tax benefit. This is subject to govt regulations.
Hence,
I called ULIP Sub-par, once there isn.t better tax treatment to a ULIP compared to MF; its hard to argue for ULIP.
I think there are lots of confusion regarding ULIP because there are plenty of videos where people showcase their MF portfolio and can display the xirr and return
The same is not available for ULIP.
nobody is showing their Ulip return which they are doing from last 8-10 years
Bhai, vo MF me hi jate hai.
SBI mid cap last year gave 35% under ULIPs
Yes bro.
SBI mid cap gave 35%
Ok
Tell me the ULIP name pls.
I am planning to invest in axis max life , could you please let me know is that a good plan
Go for small cap index
@@Marss-yh8io Bro what are the benefits of this axis max life high growth fund vs like nippon small cap? My bank manager calls me to invest in this max life growth saying it will give 23 lakhs if you invest 2.5 lakh every year for 5 years(12.5L invested), plus some death insurance. But I already have LIC life coverage and health insurance united India.
I am not earning any money in India but I have funds to invest atleast 50 lakhs. what can I do? because I want to avoid tax as much as possible on LTCG. so for example my earning today through jobs is 0 ruppees, and after say 5 years through mutual funds is 5 to 10 lakhs every year, will I be charged the same 12.5% tax as per LTCG if i did a normal mutual fund and if I did a max life axis insurance mutual fund, he says some tax benefits is there. I don't get it what tax benefits is that if my salary income is zero, so which fund is better for best returns?
Will I save more tax and overall make more returns if I did a max life or will I gain more if i rather did my own research and just invested in mid cap and small cap funds ?? As anyways my salaried income is zero, so my tax bracket will be less only right
Thanks Dr Bhat.
If in a family the total ULIP premium paid in a year is > 5 lakhs what is the tax implication?
It has nothing to do with family .. tax free limits are 2.5 lakhs per person per year for premium contribution. Any amount in excess of this will attract 10% capital gains tax at maturity
Year means Financial Year, right ?@@NRIMoneyClinic
@@NRIMoneyClinic in family one person earn and take more policies for wife, children etc for 2lak each then taxable or not
@@NRIMoneyClinic My salary is zero in India, will I save more tax while gaining more returns if I did axis max life high growth MF or is it better to stick with small cap and mid cap and still the 12.5% tax doesn't affect much. Because I already have LIC life and United india Health insurance. I am 30 years and family of 4. paying LIC yearly 3 lakhs atleast and 1 lakh for health insurance
MY BRO WAS INSISTED FOR INVESTMENT BY SBI BANK, SBI GAVE ULIP POLICY @ 28YRS OF HIS AGE,BY THE NEXT YEAR JUNE IT IS ABOUT TO MATURE HIS POLICY. BY NOW IRR IS 4.5. SBI LIFE SMART WEALTH NOT MANAGED HIS ULIP ACCORDING TO HIS AGE. NOT INVESTED IN EQUITY THEY INVESTED ALL AMOUNT IN BOND FUNDS WHAT IS THE USE OF THIS ULIPS.?
Problem is not in ULIP, it is the mess up with fund selection
Hello sir, my premium is 2,50,187. Does it mean i need to pay 10 percent tax? I am also an NRI.
It's with GST or excluding GST?
I think this is additional rider amount
Reason why A 2.5 lakh premium paid for ULIP is better than taking a plan where 1-1.5 premium is paid?
I have the same question- kindly clarify
I took ulip policy the agent said yearly contribution less then or equal to 5 L is tax free..I took it in sep 2023.
Only 2.5L per person
5 lakhs for the overall insurance policies and 2.5 lakhs for the ULIPs.
Still ambiguity. But that's what in know from that tax code.
What is normal CAGR of ULIP..please let me know...
Longest standing fund under ULIP Is Maximiser from ICICI Prudential , it has track record of over 2 decades and clocking a CAGR return of approx 14% over.. that is in line with any long standing MF large cap
@@NRIMoneyClinic..thanks
*What are ULIPS ?* 😮
Sir Good morning
I am seriously fear of loosing money.
I am 32 years old. Invested 1.5L PA in SBI e wealth insurance ULIP plan for 18 years.
There is no concept of wealth booster on 10th, 15th and 20th years.
They are charging Mortality charges (refund after 8th year) Tax, FMC and admin charges.
Fund allocation is 80% on equity and 20% on Bonds
MF i may stop and withdraw so i opted ULIP for my long-term goal.
Am i moving on right track? Of should i discontinue policy? 18 years plan - paid 5 months premium.
Continue with the policy . Eventhough the contribution is lesser from your side , it will not let you down . Do not stop
@@NRIMoneyClinic thanks, I will stop watching negative thoughts ULIP videos.
@@R2Js Bhai English samajh me nhi ayi Teri. Kahana kya chahte ho?
BTE I also have ULIPs and purchased them when everyone are against them.
Next time, buy ULIP where there is no end of the ULIP plan. Means paid for 12 years. And maturity is at 2053.
Buy such plans.
❤❤❤
CAN TATA AIA GUARANTEE RETURN OF 15% ON ULIP.WHY YOU ARE MISGUIDING INOCENT PEOPLE???ONE SHOULD NEVER GO FOR ULIP Insurance OF ANY COMPANY RATHER PUT MONEY IN FD TO GET AT LEAST 8% ASSURED RETURN
You are confused .. guaranteed return plan is not A ULIP .
Of course tata aia ulip is not a guaranteed return plan,which i understand verywell.Iam not confused like you as you replied.my question is very simple,can
tata aia can give return@15% on
Please check fund performance of your large cap funds under TaTa Ulip .. whatever market gives, the fund should give similar returns .. that is a fair expectation.. cannot guarantee any number
ULIP is always best only for Insurance Companies and its agents who get huge commission.
Your assumption is 100% wrong
I have got very good returns from ULIP. I took the plan from Maxlife. They are giving very good growth.
I got whopping 70% return in one year from tata aia small cap discovery, I bought it NFO, ulips best when kept for more than 10 years, dnt listen to anybody
@@sharanarooshsame here I have max small cap index and miscap momentun best performing 🎉
Agents will get very less commission in ULIPS
सबसे घटिया प्रोडक्ट है।म्युचुअल फंड बेस्ट है , 5 साल का lockin और भी बेकार, सही परफॉर्म नही किया तो? आपका एक भी तर्क valid नही है , इंश्योरेंस के लिए ट्रेडिशनल प्लान लेना चाहिए ।
Your services are available only for people who can save more than 1 lakh per month and when we give details to you only such as personal details email , phone number and all I keep getting calls from different financial planners which means the numbers are going to marketers or fraudsters from you..and you need all the data just to confirm you need people who can save more than 1 lakh ..why can't you tell us before without wasting our time.
😂
If someone investing in a ₹50 lakhs Sum Assured ULIP generating 12% returns for 20 years dies after paying 15 years of premium, then his family will end up getting only ₹93.19 lakhs (higher of fund value or insured value) against investments of ₹37.5 lakhs !!
That’s insane amount of money to pay for life insurance vs a term plan!
Best thing to do is to buy a seperate Term Insurance for ₹10,00 per annum (Sum assured ₹1 crore) & do a SIP of ₹20000 every month into mutual funds. In case of death, the nominee under Term policy will get ₹1 crore & plus the nominee under mutual fund will get ₹80 lakhs post taxes. So total payout to nominee will be ₹1.8 crore instead of just ₹93.19 lakhs under ULIP!
& in both cases the total investment as an investor/ policy holder remains the same
Which is ₹37.5 lakhs !
Wrong calculation
@ Prove it.. Please don’t such make such loose statements without any substance. Hope you aren’t a thug. !
Very useful video. I want to contact and want to discuss about my investments. Can you people can help me to contact you 🙏
Our numbers are in the description box to reach
Please provide information in Hindi also so that maximum people can get benefit...❤❤❤
कृपया घ्यान दीजिये ❤❤❤