Bajaj Allianz Future Gain

Fund in Brief

Bajaj Allianz looks for ways to get the most value for the least amount of money. The premium payments you make are invested in the fund according to your preferred funds under Bajaj Allianz Future Gain. In addition, the Fund Management Charge is factored into the Unit Price, which is used to assign individual units.

The policy offers two investment portfolio techniques, allowing you to invest with ease. The following are the two investing portfolio strategies:

• Select Portfolio Strategies - You have the option of allocating the premium money as you see fit. 
• The Wheel of Life Portfolio Strategy - The premium is split across five funds, except for the Pure Stock Fund and the Asset Allocator Fund II. 

Keep in mind that you have the option of choosing between these two tactics, and your money will grow accordingly.

Bajaj Allianz Future Gain Fund Facts

The table below gives an idea about Bajaj Allianz Future Gain:

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Investment Objective

At a low cost, Bajaj Allianz Future Gain allows you to maximize your benefits. You can choose from two investment plans and seven investment funds offered by the policy. With the possibility of partial withdrawal from the funds and the ability to swap between funds and portfolios, Bajaj Allianz Future Gain provides you with a lot of flexibility. 

Fund Summary

Two distinct portfolio strategies are available with Bajaj Allianz Future Gain:

1. Investor Selectable Portfolio Strategy:

   This method allows you to allocate your premiums depending on your unique preferences and decisions. You can choose from one of the seven funds listed below to meet your investing needs.

   • Equity Growth Fund II (EGF II) 
     • High-risk profile
     • A minimum of 60% equity is required
     • Bank deposits range from zero to 40%
     • Cash and mutual funds* are examples of money market instruments with returns ranging from zero to 40%
   • Accelerator Mid-Cap Fund II
     • High-risk profile
     • 50% of the equity investment is made in mid-cap equities, with a minimum of 60% invested in large-cap firms
     • Bank deposits range from 0% to 40%
     • Cash and mutual funds* are examples of money market instruments with returns ranging from 0% to 40%
   • Pure Stock Fund
     • Risk profile: Extremely High
     • Required minimum of equity: 60% 
     • Bank deposits range from 0 to 40%
     • Cash and mutual funds* are examples of money market instruments with returns ranging from 0 to 40%
   • Bluechip Equity Fund.
     • High-risk profile
     • This fund's investment objective is to offer capital appreciation by investing in inequities that are a part of the NSE NIFTY index.
   • Bond Investing Fund
     • Moderate risk profile
     • Provides income through investments in high-quality fixed-income securities
   • Liquid Fund
     • Low-risk profile
     • Aims to invest in liquid money markets and short-term securities to protect the invested cash

2. Portfolio Strategy for the Wheel of Life

   It allows you to manage your portfolio depending on years to maturity.

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Fund Returns

*Returns are subject to change.

*The investment risk in the investment portfolio is borne by the policyholder.

Pros and Cons

Fund Benefits 

The Bajaj Allianz Future Gain offers the following benefits to the investors:

• Maturity Benefit: On maturity, the insured receives the fixed premium as well as any additional premium fund values. The settlement arrangement allows you to receive the maturity benefit in instalments for up to 5 years after the policy's maturity.
• Death benefits are available. When the insured passes away during the policy's tenure, the sum assured and the applicable premiums are paid as a death benefit.
• Claw-back Non-negative adjustments are added to the invested value to comply with the yield maximum decrease criteria after the fifth policy year.
• Tax benefit: Section 80 C of the Income Tax Act 1961 provides a tax credit for the paid premiums, and section 10(10 D) of the Income Tax Act 1961 provides a tax benefit for death benefits received.
• Partial withdrawals: You can withdraw up to Rs.5000 from the fund once the plan's first five years have passed. 
• Switching: The Investor Selectable Portfolio Strategy allows you to modify your fund selection at any moment by switching. The plan allows for unlimited switches and has a minimum switch amount of Rs.5000. However, if you've chosen the Wheel of Life Portfolio Strategy, you can change to the Investor Selectable Portfolio Strategy.
• Top-up premium: Top-up premiums can be used to make additional contributions to the fund's value. The minimum amount to top-up is Rs.5000. Therefore, the sum assured would also be increased as a result of the additional premium.

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Fund Home Details

Bajaj Finserv Limited and Allianz SE have collaborated to form Bajaj Allianz. Both have a strong reputation for knowledge, strength, and stability. This partnership combines international skills with local ability. 

Allianz SE's technological competence and experience are combined with the goodwill and deep understanding of the market of the "Bajaj brand" in India to create comprehensive, innovative solutions. 

Effective strategies and prompt, honest responses have quickly gained the Company the trust of customers and market leadership

Who Should Invest in Bajaj Allianz Future Gain Fund?

The following are the various Bajaj Allianz Future Gain investors:

• People who plan to invest for the medium to long term
• People who want to meet the children's education needs or other requirements
• Individuals who wish to avoid debts
• Those that want to save money on taxes

In Conclusion

Future Gain by Bajaj Allianz is a unit-linked insurance plan (ULIP). ULIPs are exposed to the risks that come with investing in the stock market. The Policy document is the irrefutable evidence of the contract and lays out all of the criteria and exclusions.

FAQ's