Shriram Life ULIP Plans are designed to provide you with the dual benefits of wealth creation and comprehensive life coverage. These plans offer a unique and flexible approach to secure your future while potentially earning returns on your 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 |
|
|---|---|---|---|---|---|---|
 High Growth Fund
Fund Size: 8,941 Cr
|
8,941 Cr |
99.26 2.70% |
24.84% Highest Returns |
18.57% |
16.4% |
Get Details |
 Top 200 Fund
Fund Size: 2,165 Cr
|
2,165 Cr |
157.3 2.99% |
24.04% Highest Returns |
20.03% |
16.77% |
Get Details |
 Accelerator Mid-Cap Fund II
Fund Size: 6,113 Cr
|
6,113 Cr |
72.82 1.60% |
17.43% Highest Returns |
10.73% |
13.2% |
Get Details |
 Opportunities Fund
Fund Size: 38,723 Cr
|
38,723 Cr |
67.05 1.42% |
17.56% Highest Returns |
12.29% |
13.33% |
Get Details |
Best ULIP Funds - Consider the best performing ULIP funds to invest in 2025 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 27-02-2025. The returns are the returns of best-performing fund in the plan
Disclaimer :
˜Top 5 plans based on annualized premium, for bookings made in the first 6 months of FY 24-25. 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. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
Shriram Life ULIP Plan is a Unit-Linked Insurance Plan (ULIP) offered by Shriram Life Insurance Company. ULIPs are a type of insurance that combines life insurance coverage with investment features. This means that a portion of your premium goes towards life insurance, and the remaining portion is invested in investment funds.
Shriram Life Insurance Company offers various types of unit-linked plans that cater to the needs of every individual. Let us take a look at the various types of plans offered by the company and its key details:
Shriram Life Wealth Plus Plan
Shriram Fortune Builder Plan
Shriram Life Growth Plus Plan
| Shriram Life ULIP Plan | Entry Age | Maximum Maturity Age | Premium Payment Term (PPT) | Policy Term (PT) | Minimum Premium (in Rs.) | Tax Benefits under the Income Tax Act, 1961 |
| Shriram Life Wealth Plus Plan | 7 – 60 years | 70 years |
|
10/ 15/ 20 years | Monthly: Rs. 2,000 | Section 80C and Section 10(10D0) |
| Shriram Fortune Builder Plan | 0 – 65 years | 75 years | Single Pay | 10/ 15/ 20 years | Rs. 25,000 in lump sum | Section 80C and Section 10(10D0) |
| Shriram Life Growth Plus Plan | 30 days – 60 years | 70 years |
|
10/ 15/ 20 years |
|
Section 80C and Section 10(10D0) |
You can learn the key features of various Shriram Life ULIP Plans from the sections mentioned below.
Shriram Life Wealth Plus Plan is a unit-linked, non-participating life insurance plan that provides you with the dual benefits of insurance and savings. It offers market-linked returns and a life cover for your loved ones.
Dual Benefits: This ULIP plan provides life coverage and invests a portion of your premium in unit-linked funds chosen by you.
Flexibility: You can select premium payment frequency from monthly, quarterly, half-yearly, or annually.
Additional protection (through optional riders): You can also opt for Accidental Death and Disability Rider, Accidental Death and Disability Income Rider, and Critical Illness Care Rider.
Auto Transfer Option: Reduces investment risk by initially allocating funds to a low-risk fund and gradually transferring them to your chosen investment fund.
Partial Withdrawal: You can also withdraw from your funds in case of emergency after the 5-year lock-in period.
Shriram Fortune Builder is a single premium, unit-linked, non-participating life insurance plan offered by Shriram Life Insurance. It combines the benefits of life insurance protection with the potential for wealth accumulation through market-linked investments.
Life Insurance Cover: Provides death benefit to your nominees in case of unfortunate demise during the policy term.
Single Premium Payment: You pay a one-time lump sum premium at the policy inception.
Unlimited Free Fund Switches: You can switch between funds freely to manage your investment portfolio as per market conditions.
Maturity Benefit: The plan provides the accumulated fund value through market-linked returns on policy maturity.
Optional Additional Riders: You can enhance your cover with optional riders like accidental death and disability riders or critical illness care riders for extra financial protection.
People also read: What is ULIP
Shriram Life Growth Plus Plan is a unit-linked, non-participating life insurance plan offered by Shriram Life Insurance. It combines life cover with the potential for market-linked returns on your investment.
Life Cover and Market Participation: This plan offers dual benefits of life insurance cover up to 15 times the sum assured and the potential for market-linked returns through investment in unit funds.
Guaranteed Minimum Additions: You are guaranteed to receive a minimum sum assured addition irrespective of the fund performance.
Loyalty Additions: You receive bonus additions to your maturity benefit when you stay invested for longer terms.
Flexible Premium Payment Options: You can choose from single premium, limited premium (5 or 10 years), or regular premium (yearly or monthly) payment options to suit your budget.
Rider Options: You can customize your plan with optional riders like accidental death benefit, critical illness cover, and waiver of premium benefit for added protection.
People also read: ULIP Calculator
You can follow the steps mentioned below to start investing in Shriram Life Growth Plan:
Assess Your Needs: Determine your desired life cover amount, investment goals, and preferred premium payment term (single, limited, or regular).
Check Eligibility: Review the eligibility criteria for age, income, and health limitations (available on Shriram Life's website).
Compare Plans: Explore similar unit-linked plans from other insurers to find the best fit for your budget and requirements.
Read the Policy Document: Thoroughly understand the terms and conditions, including fund options, charges, lock-in periods, and surrender values.
Choose Your Plan Options: Select the desired Sum Assured, Premium Payment Term, Policy Term, and Fund allocation.
Contact Shriram Life or an Agent: You can visit the Shriram Life website or contact a registered agent to get assistance with the application process.
Medical Examination (if applicable): Depending on your age, sum assured, and health history, you may need to undergo a medical examination.
Submit Documents: Provide necessary documents like proof of identity, address, and income.
Pay Premium: Pay the selected premium amount through the chosen mode (online, cheque, etc.).
Policy Issuance: Once your application is approved, the policy document will be issued.
*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.
˜Top 5 plans based on annualized premium, for bookings made in the first 6 months of FY 24-25. 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. 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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