Which Investment Plans in India are Best for Long Term Run?

To plan your future, you must invest your money in the right investment tool. And among the wide range of investment options, ULIP is the best option for you. Because long-term investing is all about getting into the right investments, so you can redeem your earned interest to meet your financial goals. And ULIP is one of the investment plans in India that is good for financial goals like retirement planning, child’s education, marriage, home purchase, etc. Read the article below to learn more about ULIP.

Introduction to ULIP

Unit Linked Insurance Plans (ULIPs)  invest money in debt markets and equities. Where the ups and downs change by the net asset value (NAV). It can give you a decent return of 8% in long term investment. All purchases and redemptions in the ULIP are at the NAV plus the loading if any. As the interest fluctuations in ULIPs is from exposure to equities, which is ideal for those who consider high-risk investments.

In ULIP investment plans in India, you usually get a wide range of options across equity and debt markets. The varied choice makes it better finding the most suitable plan for your risk profile and investment objective. Apart from the ULIP returns, you can also claim tax benefits under Section 80C. The maximum deduction that can be claimed is of INR 1.5 lakhs. The policy redemption is tax-free under Section 10(D).

Popular ULIP Investment Plans in India

The following are the top-rated policies where you can star the ULIP investment in India -

HDFC Life Click 2 Wealth

A Unit Linked, Non-Participating, Life Insurance plan where you will get returns based on the market performance which provides valuable financial protection for you and your family. Below are this ULIP investment key features -

  • Pay only the Fund Management and Mortality charge on your life cover

  • Get 1% of annualised premium addition to your fund value for the first 5 years

  • Return of Mortality Charges (ROMC) on Maturity (it will not be available for the ULIP policies where the waiver of premium benefit is caused due to the death of the proposer)

  • A 3 plan options that maximize the benefits

  • One of the Invest + Insurance investment plans in India

  • Premium waiver to protect milestones for dependents

  • Retirement planning with whole life cover

  • Choice of 10 fund options with unlimited switching

  • Systematic Transfer Plan (STP) for Rupee Cost Averaging

  • Pay premium using the following options Single Pay, Limited Pay and Regular Pay

Bajaj Allianz Future Gain

To gain benefits at an affordable cost where investment is utilized fully for your future gains, invest in Bajaj Allianz Future Gain. A Unit-Linked Endowment Plan providing premium allocation. Check out this investment plans in India key features -

  • Get maximum premium allocation for high returns 

  • Pay Top-up Premium (if you want)

  • 2 investment portfolio strategies

  • Decrease Sum Assured Provides (as your preference)

  • Reduce Regular Premium to fit them in your budget

  • Alter premium payment frequency

  • Get Death and Maturity Benefit in the life cover

  • Instalment Settlement Option

  • Enhance your investment plans in India coverage with rider benefits

  • Choice of 7 funds

  • Partial withdrawals from the funds

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