Axis Max Life ULIP Plan Calculator

Why Should You Use Axis Max Life ULIP Calculator?

The Axis Max Life ULIP Plan Calculator can be used for strategically targeting your future investments and generating the most promising returns. Let's take a look at a few reasons why you should use the Axis Max Life ULIP Plan Calculator:

• Compare ULIP plans: Axis Max Life ULIP Plan Calculator effectively evaluates and compares different ULIP plans and policies. You can choose the most promising one based on your goals, your future costs, availability and needs.

• Supervision of investment decisions: By using the Axis Max Life ULIP Plan Calculator for planning your future intents and investment plans, you have entire restraint over your investment choices. You can review the various premium and participation monopolies and determine the final calculated value of your ULIP investment even before investing.

• Convenience: Axis Max Life ULIP Plan Calculator is a convenient and user-friendly online tool that investors can easily operate without any hassle. For example, by entering some basic details about your investment goal, you can get accurate results on the ideal bonus amount needed to meet your long-term financial expectations.

• Availability: Axis Max Life ULIP Calculator is a simple to use free online tool. You can access and use the Axis Max Life ULIP Calculator anytime through day or night.

How to use Axis Max Life ULIP Calculator?

Here are the different steps you need to take to use the Axis Max Life ULIP Calculator:

• Step 1: Visit the official Axis Max Life Website.

• Step 2: Click on the Axis Max Life ULIP Plan Calculator tool.

• Step 3: Opt for an investment plan from the options provided in the Axis Max Life ULIP calculator.

• Step 4: Input personal data such as name, date of birth, and gender.

• Step 5: Enter the preferred amount of premium you want to pay and select either monthly or annually for a particular ULIP plan.

• Step 6: Enter the tenure period for your premium payout for your ULIP investment.

• Step 7: Now, enter the return rate on risk-free instruments and market-linked instruments expected by you.
  (Note: Returns in the case of risk-free instruments are fairly lower than returns in the case of market-linked instruments.)

• Step 8: Once done with entering all the asked details by the tool, the Axis Max Life ULIP Calculator will now automatically give you the results based on investment details entered by you.

The tool provides detailed input on investing in risk-free, market-linked instruments and the ideal premium amount required to meet your long-run monetary goals.

Maximize your investments with our SIP Calculator.

Axis Max Life ULIP Calculator Example

• Step 1: Let the amount for long-term plans be INR 20,00,000.
  Amount: INR 20,00,000

• Step 2: Let the policy tenure for your investment be 15 years.
  Tenure: 15 years.

• Step 3: Let the division percentage be:

• Risk-free securities: 40%

• Market linked securities: 60%

• Step 4: Let the probable rate of returns be: 

• Risk-free securities: 6%

• Market-linked securities: 8%

Results:

• Risk-free securities Investment: Rs.34, 370

• Market linked securities investments: Rs.44,195

• Yearly investment needed: Rs.78,565

Top ULIP Funds^†

Returns 3 Years 5 Years 10 Years

Equity (Large, Mid Cap) Balanced Debt

Fund Name

AUM

NAV

Returns (in %)

3 Year

5 Year

10 Year

High Growth Fund

Max Life

AUM:8,243 Cr

8,243 Cr

NAV

120.7

-0.87%

Returns

27.73%

Returns

31.47%

Highest Returns

Returns

19.3%

Get Details

Virtue II

PNB Metlife

AUM:3,314 Cr

3,314 Cr

NAV

75.97

-0.30%

Returns

18.68%

Returns

25.83%

Highest Returns

Returns

16.48%

Get Details

Accelerator Mid-Cap Fund II

Bajaj Allianz

AUM:6,109 Cr

6,109 Cr

NAV

86.97

-0.35%

Returns

20.48%

Returns

22.28%

Highest Returns

Returns

15.61%

Get Details

Opportunities Fund

HDFC Standard

AUM:38,633 Cr

38,633 Cr

NAV

78.45

-0.37%

Returns

18.47%

Returns

22.64%

Highest Returns

Returns

15.48%

Get Details

Pure Equity

Birla Sun Life

AUM:2,845 Cr

2,845 Cr

NAV

77.4

-0.20%

Returns

17.56%

Returns

21.84%

Highest Returns

Returns

15.07%

Get Details

Fund Name

AUM

NAV

Returns (in %)

3 Year

5 Year

10 Year

Whole Life Aggressive Growth Fund

Canara HSBC Oriental Bank

AUM:843 Cr

843 Cr

NAV

94.39

-0.70%

Returns

18.46%

Returns

19.93%

Highest Returns

Returns

14.91%

Get Details

Whole Life Stable Growth Fund

Canara HSBC Oriental Bank

AUM:268 Cr

268 Cr

NAV

62.47

-0.30%

Returns

13.78%

Returns

15.46%

Highest Returns

Returns

12.08%

Get Details

Balanced Fund

Canara HSBC Oriental Bank

AUM:365 Cr

365 Cr

NAV

48.01

-0.28%

Returns

12.75%

Returns

13.61%

Highest Returns

Returns

11.02%

Get Details

Balanced Pension

Canara HSBC Oriental Bank

AUM:559 Cr

559 Cr

NAV

71.06

-0.30%

Returns

10.22%

Returns

12.32%

Highest Returns

Returns

10.7%

Get Details

Asset Allocation Fund II

Canara HSBC Oriental Bank

AUM:323 Cr

323 Cr

NAV

31.58

-0.24%

Returns

11.26%

Returns

12.8%

Highest Returns

Returns

10.63%

Get Details

Fund Name

AUM

NAV

Returns (in %)

3 Year

5 Year

10 Year

Builder

Canara HSBC Oriental Bank

AUM:237 Cr

237 Cr

NAV

90.36

-0.35%

Returns

7.45%

Returns

8.21%

Returns

8.45%

Highest Returns

Get Details

Whole Life Income Fund

Canara HSBC Oriental Bank

AUM:811 Cr

811 Cr

NAV

38.64

-0.01%

Returns

6.16%

Returns

6.99%

Returns

7.84%

Highest Returns

Get Details

Debt Fund

Canara HSBC Oriental Bank

AUM:478 Cr

478 Cr

NAV

36.64

-0.02%

Returns

5.89%

Returns

7.02%

Returns

7.63%

Highest Returns

Get Details

Conservative Fund

Canara HSBC Oriental Bank

AUM:231 Cr

231 Cr

NAV

56.2

-0.10%

Returns

7.46%

Returns

8.1%

Highest Returns

Returns

7.56%

Get Details

Protector

Canara HSBC Oriental Bank

AUM:299 Cr

299 Cr

NAV

64.86

-0.16%

Returns

6.49%

Returns

7.03%

Returns

7.54%

Highest Returns

Get Details

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

Advantages of Axis Max Life ULIP Calculator

Let us take a look at some of the best advantages of using the Axis Max Life ULIP Calculator:

• Clarity of investment: Using the Axis Max Life ULIP Calculator to know various premiums and maturity benefits provides you with the investment clarity and transparency for proceeding. 

• Complete flexibility: Axis Max Life ULIP Plan Calculator offers flexibility to select your ULIP investment plan and try various tenure and premiums to find the best for yourself.

• Help in financial planning: Axis Max Life ULIP Plan Calculator will provide you estimated results of the amount to be paid as monthly or yearly premium and other details beneficial for strategic investment.

• Compare different ULIPs: Axis Max Life ULIP Calculator helps you compare different plans to take the final before making any investment.

Information Required While Using Axis Max Life ULIP Calculator

Input the following information to use the Axis Max Life ULIP Calculator:

• Return amount in investment maturity

• Investment tenure period and premium

• Suitable ULIP Investment plan

• Premium payment frequency

• Rate of return

People also read: Axis Max Life Nifty 500 Momentum 50 Fund NFO

Benefits of buying a Axis Max Life ULIP Plan

Let's take a look at some reasons why you should be investing in a Axis Max Life ULIP plan:-

• Death benefit: The main benefit of Axis Max Life ULIP is to protect your family with insurance in the future in the event of an unpleasant incident. Upon the investor's death, all future premiums will be forfeited as long as the funds remain capitalized.

• Flexibility: Buying a Axis Max Life ULIP Plan offers investing flexibility to the investor. You have various investment options to choose the best based on your affordability and long-term goals.

• Achieving your future goals: Axis Max Life ULIP plan helps you make organized investments leading to a brighter future. Strategically investing in a long-run ULIP investment plan and securing a safe and excellent prospect for you and your family is undeniable.

• Tax benefits: Under section 80C of the Income Tax Act 1961, you can receive up to 1.5 lakh tax deductions based on the insurance premiums.

In Conclusion

Investing in a Axis Max Life ULIP policy and organizing your investment plans helps you significantly prioritize your future goals. To buy any ULIP plan, use Axis Max Life ULIP Plan Calculator for better understanding and decision-making.