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Best ULIP Funds - Consider the best performing ULIP funds to invest in 2024 with Policybazaar. Find the list of best ULIP funds in India on the basis of Returns, Latest Nav, Fund Size and Categories
Edelweiss Life Insurance is a joint venture between Edelweiss Financial Services and Marine Holdings Inc. It was established in 2011. It is one of the leading financial service providers that caters to the various needs of its customers and offers a host of products designed specifically to meet the needs of its customers.
Fund Details |
Fund Size |
NAV |
5 Year |
7 Year |
10 Year |
|
---|---|---|---|---|---|---|
Equity Large Cap Fund
Fund Size: 527 Cr
|
527 Cr |
56.86 0.57% |
16.13% Highest Returns |
11.81% |
12.43% |
Get Details |
Fund Details |
Fund Size |
NAV |
5 Year |
7 Year |
10 Year |
|
---|---|---|---|---|---|---|
Managed Fund
Fund Size: 38 Cr
|
38 Cr |
37.31 0.17% |
10.66% Highest Returns |
8.86% |
9.94% |
Get Details |
Fund Details |
Fund Size |
NAV |
5 Year |
7 Year |
10 Year |
|
---|---|---|---|---|---|---|
Bond Fund
Fund Size: 111 Cr
|
111 Cr |
27.54 0.01% |
6.94% |
6.7% |
7.52% Highest Returns |
Get Details |
Best ULIP Funds - Consider the best performing ULIP funds to invest in 2024 with Policybazaar. Find the list of best ULIP funds in India on the basis of Returns, Latest Nav, Fund Size and Categories
Returns as on 25-11-2024. The returns are the returns of best-performing fund in the plan
Disclaimer :
†Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. The sorting is based on past 10 years’ fund performance (Fund Data Source: Value Research). For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
ULIPs (Unit Linked Insurance Plans) combine life insurance with investment options. Policyholders pay premiums, a part of which goes towards life coverage, and the remainder is invested in funds such as equity or debt. ULIPs offer flexibility, market-linked returns, and the potential for wealth creation.
Edelweiss Life Insurance Company offers ULIP plans to meet the requirements of all individuals. Let us take a look at the various types of unit-linked plans offered by the company and the features and benefits of each plan in detail.
Edelweiss Life Wealth Secure+ is a flexible and affordable savings-cum-protection plan designed to help you grow your wealth, achieve your financial goals, and secure your loved ones' future. It caters to individuals seeking a long-term wealth creation strategy with the added benefit of life insurance coverage.
Key features of this plan:
Minimum Premium: Start small with just Rs. 1000 per month, making it accessible for individuals with diverse income levels.
Long-Term Coverage: Enjoy life cover until you reach 100 years old, providing lasting protection for your family.
Short-Term Option: Choose a maturity term as short as 5 years if your goals require quicker access to funds.
Flexible Investment Strategies: You can opt for self-managed fund choices or leave it to Life Stage and Duration based strategies for automatic allocation based on your age and policy term.
Optional Riders: Enhance your plan with additional benefits like Rising Star (child benefit) and Payor Waiver benefit for added peace of mind.
Systematic Withdrawal Option: Leverage a systematic withdrawal plan to access a portion of your fund value before maturity.
Tax Benefits: Claim tax deductions under section 80(C) on premiums paid and section 10(10D) on maturity benefits, making it a tax-efficient investment option.
Edelweiss Life Wealth Plus is a Unit Linked Insurance Plan (ULIP) from Edelweiss Life Insurance Company. It is a life insurance plan that provides dual benefits of life cover and wealth creation.
Key features of the plan:
Life cover: A death benefit is payable to your nominees in case of your unfortunate demise during the policy term.
Wealth creation: Your premiums are invested in a choice of investment funds, and you can potentially grow your wealth over the long term.
Flexibility: You can choose to manage your investments yourself or leave it to Edelweiss Life's investment experts.
Additional benefits: Edelweiss Life Wealth Plus also offers a number of additional benefits, such as rising star benefits, waiver of premium benefits, and loyalty additions.
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Edelweiss Life Wealth Rise+ is a unit-linked life insurance plan that offers you the benefits of investing in the market along with a guaranteed lump sum payout at maturity. It maintains a diversified portfolio by investing in the market, while also providing a guaranteed payout at maturity.
Key features of this plan are:
Market-linked returns: Your premiums are invested in a mix of equity and debt funds, allowing you to earn market-linked returns.
Guaranteed lump sum: Regardless of the market performance, you'll receive a guaranteed sum assured amount at maturity.
Enhanced Cover option: Choose this option for a higher life cover benefit, along with additional booster additions to your maturity amount.
Child Benefit (optional): This add-on benefit provides financial protection for your child in case of your unfortunate demise.
Tax benefits: Premiums paid qualify for tax deductions under sections 80C and 10(10D) of the Income Tax Act, 1961.
Edelweiss Life Capital Secure+ is a unique financial product that combines the advantages of market-linked returns with the reassurance of a guaranteed return of your total invested premium at maturity.
Key features of this plan:
Market-Linked Returns with Guaranteed Capital: Invest in a diverse portfolio of market-linked funds chosen based on your risk appetite, seeking the potential for market-driven growth. Simultaneously, enjoy the peace of mind knowing that 100% of your total premiums paid will be returned to you upon policy maturity, regardless of market performance.
Dual Benefits: Capitalize on the potential for higher returns through market exposure while having the comfort of a guaranteed lump sum payout at the end of the policy term. This dual benefit structure provides a balanced approach to wealth accumulation.
Enhanced Life Cover: Opt for an increased sum assured, providing your loved ones with financial protection in case of your untimely demise. You can further customize your coverage with booster additions for additional benefits.
Little Star Benefit for Child's Education: Secure your child's future with the optional Little Star Benefit. This rider offers additional benefits in case of the policyholder's death during the policy term, ensuring your child's educational expenses are covered.
Tax Advantages: Take advantage of tax benefits available u/s 80C and 10(10d) of the Income Tax Act, helping you reduce your tax liability while saving for your financial goals.
Go to the PolicyBazaar homepage and select "ULIPs" under the "Personal" tab.
Click on "New Quotes" to compare and choose from top insurance providers.
Enter your name, email address, city, country code, and mobile number. Click "Continue" to move forward.
You'll be directed to the Life Insurance quotes page, where you can view quotes from more than 10 insurers. Select the plan based on your preferred payment schedule – choose between One-Time Payout and Monthly Payout Plans.
Review and compare each life insurance quote. Click on the premium amount of your chosen plan to proceed with the purchase.
A pop-up will appear on the screen, providing an overview of the selected plan, including details such as premium, plan features, exclusions, additional riders, etc. Click "Proceed" to continue.
You will be redirected to the insurer's website. Complete the necessary details to finalise and purchase the chosen plan.
People also read: ULIP Calculator
Edelweiss Life ULIP plans can be a promising option for individuals seeking both growth and security. Still, thorough research and understanding of the associated fees and risks are crucial for making informed investment decisions.
You can pay offline by visiting the nearest branch in your city.
For offline mode, you can approach any of the branch offices regarding the renewal process.
*All savings are provided by the insurer as per the IRDAI approved insurance
plan. Standard T&C Apply
Tax benefit is subject to changes in tax laws
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.
†Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. The sorting is based on past 10 years’ fund performance (Fund Data Source: Value Research). For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in