SBI Life ULIP plans are Unit Linked Insurance Plans, meaning they combine the benefits of life insurance protection with the potential for wealth creation through market-linked investments.
Top performing plans with High Returns**
Invest ₹10K/month & Get ₹1 Crore# returns
Fund Details |
Fund Size |
NAV |
5 Year |
7 Year |
10 Year |
|
|---|---|---|---|---|---|---|
 Equity Fund
Fund Size: 80,392 Cr
|
80,392 Cr |
208.38 2.30% |
17.13% Highest Returns |
13.54% |
13.21% |
Get Details |
Fund Details |
Fund Size |
NAV |
5 Year |
7 Year |
10 Year |
|
|---|---|---|---|---|---|---|
|
Balanced Fund
Fund Size: 25,151 Cr
|
25,151 Cr |
70.82 0.37% |
11.64% Highest Returns |
10.2% |
10.45% |
Get Details |
Fund Details |
Fund Size |
NAV |
5 Year |
7 Year |
10 Year |
|
|---|---|---|---|---|---|---|
|
Bond Fund
Fund Size: 21,321 Cr
|
21,321 Cr |
47.01 0.05% |
6.3% |
6.41% |
7.49% Highest Returns |
Get Details |
|
Money Market Fund
Fund Size: 402 Cr
|
402 Cr |
33.49 -0.01% |
5.16% |
5.58% |
6.29% 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 24-11-2024. 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
SBI Life offers a wide range of ULIP plans to cater to the diverse needs of its customers. Here are some of the popular ULIP plans offered by SBI Life.
SBI Life - eWealth Insurance is an Individual Non-Participating Unit Linked Life Insurance Product (ULIP) designed to give you dual benefits:
Life insurance coverage: Provides financial security for your loved ones in case of an unfortunate event.
Market-linked returns: Invest in equity and debt funds for the potential to grow your wealth.
Key features of this plan:
Automatic Asset Allocation (AAA): Simplifies investment management by automatically adjusting your portfolio allocations between equity, debt, and money market instruments based on your chosen plan option (Growth or Balanced) and age.
Easy online buying: Purchase the plan in just 3 simple steps from the comfort of your home.
Affordable premiums: Start investing with premiums as low as Rs. 2,000 per month, with no allocation charges to maximise your investment potential.
Flexibility: Choose between Growth and Balanced plan options based on your risk appetite and allows you to adjust your investment strategy based on your changing needs and market conditions.
Liquidity: Access your funds through partial withdrawals starting from the 6th policy year.
Tax benefits: Enjoy potential tax benefits under Section 80C on premiums paid and Section 10(10D) on maturity payout (subject to conditions).
Security: Guarantees financial protection for your family in case of your demise.
Market-linked returns: Offers the potential to grow your wealth significantly compared to traditional insurance plans.
Automatic portfolio management: Removes the need for active investment management, making it suitable for all investor types.
Simplicity: Provides a convenient and hassle-free online buying experience.
Affordability: Makes market-linked investments accessible with low minimum premiums.
Plan at Glance:
| Entry Age | 5 to 50 years |
| Maturity Age | Minimum: 60 years |
| Policy Term | 10 to 30 years |
| Premium Payment Mode | Regularly |
| Premium Payment Frequency | Yearly and Monthly |
| Premium Payment Term | Same as Policy Term |
| Premium Range | Yearly: ₹24,000 per annum Monthly: ₹2,000 per month |
SBI Life - Smart InsureWealth Plus is an individual, Unit-linked, Non-Participating Life Insurance Product designed to offer financial protection and wealth creation through a combination of life insurance coverage and market-linked investments.
Key features of this plan:
Pay premiums conveniently via monthly instalments for hassle-free life cover.
Select from 3 investment strategies to match your risk appetite and financial goals:
Trigger Strategy: Automatically switches asset allocation based on pre-defined market triggers.
Auto Asset Allocation Strategy: Maintains a pre-defined mix of equity and debt for a balanced approach.
Smart Choice Strategy: Gives you the freedom to choose from 9 diverse fund options to customise your investment portfolio.
Get back a portion of the mortality charges paid throughout the policy term on maturity.
Receive loyalty additions to your fund value from the 11th policy year onwards.
Access a portion of your accumulated funds from the 6th policy year onwards.
Generate a regular income stream through monthly payouts starting from the 11th year.
Enjoy potential tax savings on premiums paid and investment gains under applicable income tax laws.
Plan at Glance
| Entry Age | 0 to 55 years |
| Maturity Age | Minimum: 18 years Maximum: 65 years |
| Policy Term | 10,15, 20 and 25 years |
| Plan Type | Regular Premium |
| Premium Frequency | Monthly |
| Premium Payment Term | Same as Policy Term |
| Premium Amount | Minimum: ₹4,000 per annum per month |
SBI Life – Smart Wealth Builder is an individual, Unit-linked, Non-participating that combines life insurance coverage with investment opportunities. It caters to individuals seeking wealth creation while securing their loved ones financially in case of an unfortunate event.
Key features of this plan:
Life coverage: Provides financial protection to your beneficiaries in case of your demise.
Guaranteed additions: Receive guaranteed additions of up to 125% of one annual regular premium at pre-defined intervals, boosting your accumulated fund value. The higher the policy term, the higher the guaranteed additions (maximum 125% available in the 30-year term).
Investment flexibility: Choose from 11 diverse investment funds based on your risk appetite. Switch or redirect your investments between funds to match your evolving financial goals.
Partial withdrawals: Access a portion of your accumulated funds starting from the 6th policy year onwards, subject to certain conditions. This feature helps address unforeseen financial needs without surrendering the policy.
Multiple fund options: Provides a wider range of funds compared to some other ULIPs, allowing for more tailored investment strategies.
Guaranteed additions: Offers an additional layer of growth on top of potential market-linked returns, enhancing your wealth accumulation potential.
Flexibility: Switching and redirection options give you greater control over your investments and the ability to adapt to changing market conditions.
Plan at Glance
| Entry Age | 2 to 55 years | ||
| Maturity Age | Minimum: 18 years Maximum: 70 years |
||
| Policy Term | 10,15, 20 and 25 years | ||
| Plan Type | Regular Premium / Limited Premium / Single Premium | ||
| Premium Frequency | Plan Type | Policy Terms | Premium Payment Term |
| Regular Premium | 12 to 30 years | Same as the policy term | |
| Limited Premium Payment Term | 12 to 14 years | 7 | |
| 15 to 19 years | 7/10/12 | ||
| 20 to 30 years | 7/10/12/15 | ||
| Single Premium | 5 to 30 years | One-time payment at the start of the policy | |
| Premium Amount | Regular Premium: ₹30,000 Limited Premium Payment Term: ₹40,000 Single Premium: ₹65,000 |
||
People also read: What is ULIP
SBI Life's Smart Wealth Assure Plan is an Individual, Unit-linked, Non Participating Life Insurance Product designed to help you achieve your long-term financial goals while providing life insurance protection.
Key features of this plan:
Market-linked returns: Invest in a diverse range of funds and potentially earn market-linked returns on your premium, allowing your wealth to grow over time.
Life insurance cover: Enjoy peace of mind knowing that your loved ones will be financially supported in case of your unfortunate demise. The plan offers a death benefit that pays out the sum assured or the fund value, whichever is higher.
One-time premium payment: Pay a single premium upfront and avoid the hassle of regular premium payments.
Partial withdrawals: Access a portion of your invested funds whenever you need them, subject to terms and conditions. This liquidity feature provides financial support when unexpected situations arise.
Fund choice: Choose from a range of equity, debt, or hybrid funds aligned with your risk appetite and investment goals. Diversify your portfolio and potentially maximize your returns.
Accidental Death Benefit Option: Enhance your life cover by adding the optional Accidental Death Benefit Rider. This provides an additional payout in case of accidental death, offering your family extra financial security.
Plan at Glance
| Entry Age | 8 to 60 years |
| Maturity Age | Maximum: 70 years |
| Premium | ₹50,000 (minimum) |
| Premium Mode | Single Premium |
| Policy Term | Minimum: 10 years Maximum: 30 years |
| Basic Sum Assured | Single Premium x 1.25 |
SBI Life – Smart Privilege is an Individual, Unit linked, Non-Participating designed for individuals seeking wealth creation along with life insurance protection..
Key features of this plan:
Life Insurance Coverage: Provides financial security for your loved ones in case of an unfortunate event.
Market-Linked Returns: Invest in a range of 11 different funds to potentially grow your wealth based on market performance.
Loyalty Additions: Get rewarded for your long-term commitment with loyalty additions starting from the end of the 6th policy year (for in-force policies).
Flexible Premium Payment Options: Choose to pay premiums throughout the policy term, for a limited period, or in a single lump sum.
Unlimited Free Switches and Premium Redirection: Adapt your investment strategy to changing market conditions by switching between funds and redirecting premiums as needed, all without any charges.
Partial Withdrawals: Access a portion of your invested funds after the 6th policy year or when the life assured attains 18 years of age, whichever is later.
Plan at Glance
| Entry Age | 2 to 55 years | |||||
| Maturity Age | Minimum: 18 years Maximum: 70 years |
|||||
| Policy Term | 10,15, 20 and 25 years | |||||
| Plan Type | Regular Premium / Limited Premium / Single Premium | |||||
| Premium Frequency | Plan Type | Policy Terms | Premium Payment Term | |||
| Regular Premium | 10 to 30 years | Same as the policy term | ||||
| Limited Premium Payment Term | 10 to 14 years | Min: 5 Max: Policy Term less 1 Year | ||||
| Single Premium | 5 to 30 years | One-time payment at the start of the policy | ||||
| Premium Amount | Regular Premium / Limited Premium Payment |
Yearly: ₹6,00,000 Half-Yearly: ₹3,00,000 Quarterly: ₹1,50,000 Monthly: ₹50,000 |
||||
| Single Premium | ₹6,00,000 | |||||
| Premium Frequency | Single / Yearly / Half-Yearly / Quarterly / Monthly | |||||
People also read: ULIP Calculator
SBI Life ULIP Plans stand out as a comprehensive and dynamic investment solution that combines life insurance coverage with wealth creation opportunities. The unique feature of Unit Linked Insurance Plans offered by SBI Life lies in their ability to cater to the diverse financial goals and risk appetites of investors.
*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
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