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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
Axis Max Life ULIP Plan is a dynamic financial solution that combines life insurance with investment opportunities. This unique Unit Linked Insurance Plan (ULIP) from Axis Max Life Insurance offers you the dual benefit of protection and wealth creation.
Fund Details |
Fund Size |
NAV |
5 Year |
7 Year |
10 Year |
|
---|---|---|---|---|---|---|
High Growth Fund
Fund Size: 8,243 Cr
|
8,243 Cr |
120.7 -0.87% |
31.47% Highest Returns |
22.76% |
19.3% |
Get Details |
Growth Super Fund
Fund Size: 14,072 Cr
|
14,072 Cr |
83.76 -0.91% |
17.5% Highest Returns |
14.79% |
12.83% |
Get Details |
Fund Details |
Fund Size |
NAV |
5 Year |
7 Year |
10 Year |
|
---|---|---|---|---|---|---|
Growth Fund
Fund Size: 8,880 Cr
|
8,880 Cr |
109.03 -0.62% |
12.63% Highest Returns |
10.58% |
9.67% |
Get Details |
Balanced Fund
Fund Size: 2,746 Cr
|
2,746 Cr |
76.07 -0.27% |
10.36% Highest Returns |
9.39% |
9.01% |
Get Details |
Fund Details |
Fund Size |
NAV |
5 Year |
7 Year |
10 Year |
|
---|---|---|---|---|---|---|
Conservative Fund
Fund Size: 231 Cr
|
231 Cr |
56.2 -0.10% |
8.1% Highest Returns |
7.47% |
7.56% |
Get Details |
Secure Plus Fund
Fund Size: 242 Cr
|
242 Cr |
32.08 -0.03% |
7.17% |
7.06% |
7.45% Highest Returns |
Get Details |
Secure Fund
Fund Size: 1,076 Cr
|
1,076 Cr |
44.61 -0.02% |
7.18% Highest Returns |
6.65% |
7.16% |
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 25-12-2024. 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
With flexible investment options and a range of funds to choose from, Axis Max Life ULIP empowers you to tailor your financial strategy according to your goals and risk appetite.
Axis Max Life ULIP Plans are a unique and improved financial solution for smart investors. They combine features of insurance coverage with investment opportunities and offer the best way to secure your future. These plans provide the flexibility to allocate funds into various investment options based on your risk appetite and financial goals. In essence, Axis Max Life ULIP Plans empower you to protect your loved ones while potentially growing your wealth over time.
Axis Max Life Insurance Company offers different types of ULIPs each loaded with unique features and benefits.
Axis Max Life ULIP Plan | Entry Age | Maximum Maturity Age | Premium Payment Term (PPT) | Policy Term (PT) | Minimum Monthly Premium (in Rs.) | Tax Benefits under the Income Tax Act, 1961 |
Axis Max Life Fast Track Super | 30 days - 60 years | 100 years | Limited Pay: 5 to 12 years; Regular Pay: 25 to 40 years |
25 - 40 years | Limited Pay (5 & 6 years): Rs. 4,500; Others: Rs. 3,000 per month |
Section 80C and Section 10(10D) |
Axis Max Life Forever Young Plan | 30 - 65 years | 50 - 75 years | Single; Regular: Same as PT |
75 years - Entry Age | Single: Rs. 1 lakh; Regular: Rs. 25,000 annually |
Section 80C and Section 10(10D) |
Axis Max Life Online Savings Plan - Variant 1 | 30 days - 65 years | 75 years | Limited Pay: 5/ 7/ 10/ 12 years Regular Pay: Same as PT |
10 - 30 years | Rs. 2,500 | Section 80C and Section 10(10D) |
Axis Max Life Online Savings Plan - Variant 2 | 18 - 54 years | 64 years | 5 - 30 years | 5 - 30 years | Rs. 1,000 | Section 80C and Section 10(10D) |
Axis Max Life Platinum Wealth Plan | 5 Pay: 30 days - 56 years; Other than 5 Pay: 30 days - 65 years |
18 - 85 years | Single; Limited: 5 to 10/ 12/ 15/ 20 years; Regular |
Single: 10/ 15 to 35 years; Limited/ Regular: 85 - Entry Age |
Rs. 1,000 | Section 80C and Section 10(10D) |
Axis Max Life Shiksha Plus Super | 21 - 50 years | 5 Pay: 60 years; Regular: 65 years |
5 Pay: 10 years; Regular: 15 - 25 years |
5 Pay: 10 years; Regular: 15 - 25 years |
5 Pay: Rs. 50,000; Regular: Rs. 48,000 |
Section 80C and Section 10(10D) |
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 done in alphabetical order (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
Let us learn the key features of the Axis Max ULIP plans in detail in the following sections.
The Axis Max Life Fast Track Super Plan is a Unit Linked Insurance Plan (ULIP) that offers you with a life cover that protects your family financially in case of your untimely demise, while also helping you grow your wealth through its various investment options.
Single Comprehensive Plan: Achieve long-term financial goals and secure your future with a singular plan.
Loyalty Rewards: The insurance company provides you with additional loyalty rewards, which can enhance the overall value of your investment.
Diverse Investment Choices: You can choose from a range of 13 different funds tailored to your risk tolerance.
Flexible Portfolio Management: Enjoy the freedom to switch between funds with 12 free switches annually.
Axis Max Life Platinum Wealth Plan is a non-participating Unit Linked Insurance Plan (ULIP) offered by Axis Max Life Insurance Company Limited. It is a life insurance plan that also provides the opportunity to invest in a variety of funds. This plan is designed to provide you with long-term financial security and growth.
Comprehensive Benefits: You can safeguard your family's future with comprehensive maturity and death benefits.
Guaranteed Loyalty Additions: Enjoy added benefits with guaranteed loyalty additions at the end of each policy year.
Wealth Boosters: Receive wealth boosters to enhance your financial portfolio.
Annual Bonus: Additional bonuses are assured and added to your unit account at the conclusion of each policy year.
Enhanced Benefits: Beyond guaranteed loyalty additions, the company also provides guaranteed wealth boosters, further strengthening your financial position.
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Axis Max Life Online Savings Plan - Variant 1 is a Unit Linked Non-Participating Individual Life Insurance Plan that combines the benefits of savings, investment, and life insurance protection in one convenient package.
Life Coverage with Adjustability: Inherent life cover with the flexibility to increase the coverage as per your needs.
Admin and Allocation Charge-Free: No policy admin charges and zero premium allocation charges, while offering cost-effective benefits.
Charge-Free Investment: Liberation from investment charges – no allocation charge and zero administration charge.
Diverse Investment Choices: Choose from 12 different funds or opt for the Dynamic investment strategy, which balances your equity and debt portfolio to match your risk appetite.
Unrestricted Fund Transfers: Switch between funds as often as you wish, adapting to market dynamics effortlessly.
People also read: Axis Max Life Nifty 500 Momentum 50 Fund NFO
Eligibility Details
The Axis Max Life Online Savings Plan - Variant 2 is a Unit Linked Insurance Plan (ULIP) that offers a unique combination of investment and life cover. It is designed to help you grow your wealth through market-linked returns while simultaneously providing financial protection
Comprehensive Payouts: This plan provides triple protection with a lump sum, monthly income, and auto policy continuation on the demise of parents.
Future Premium Coverage: In the event of your demise, the insurance company covers future premiums. The fund value is paid at the end of the policy term.
Free Switching: Unlimited free switches between funds during the policy term with no imposed limit on switches per year.
Zero Allocation and Admin Charges: Only mortality and fund management charges apply; no premium allocation or policy administration charges.
Axis Max Life Shiksha Plus is a Unit Linked Insurance Plan (ULIP) from Axis Max Life Insurance that provides financial protection for your child's education and future. It offers a combination of life insurance cover, investment growth, and maturity benefits to help you secure your child's education.
Equity Market Participation: Combine insurance with the flexibility to invest in the equity market through a variety of fund options.
Education Fund: Build funds to cover your child's higher education costs and future expenses. It also ensures financial security for your child during unforeseen emergencies
Investment Choices: Explore 8 fund options, including Government Securities, Corporate Bonds, Money Market & Cash Instruments, and Equity & Equity-related Securities.
Annual Bonus: Receive additional units added to your fund every year, starting from the end of the 11th policy year.
People also read: ULIP Calculator
The Axis Max Life Forever Young Plan is a unit-linked non-participating individual pension plan that offers a combination of retirement income, death benefits, and market-linked returns.
Equity-Backed Security: Build a significant retirement corpus with equity participation, minimizing concerns about market downturns.
Partner Care Rider: Secure your spouse's financial future with the Partner Care Rider, extending retirement benefits to them.
Additional Benefits: Receive guaranteed loyalty benefits at 0.50% of the fund value, added directly to the fund starting from the end of the 10th policy year.
Nominee's Choice: In the event of death, your nominee can choose to receive the death benefit as a lump sum or purchase an annuity.
Save More Tomorrow: Enhance your retirement corpus with the flexible 'Save More Tomorrow' option, allowing top-up premiums in later years.
To know about Pension Plans check at Axis Max Life Pension Plans
Follow the steps mentioned below to start investing in a chosen Axis Max Life ULIP Plan through Policybazaar:
Step 1: On the PolicyBazaar homepage, click on ”ULIPs” under the Personal tab.
Step 2: Compare Axis Max Life ULIP plans with others. See premiums, fund options, and benefits to match your goals.
Step 3: Click the desired Axis Max Life ULIP premium quote. Fill in personal details and contact information.
Step 4: Some plans require a medical checkup. Policybazaar will guide you through scheduling one, if needed.
Step 5: Make your premium payment online.
*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