ULIP maturity value after all four charge layers. The comparison shown is against buying term insurance and investing the difference, which is the decision this product actually competes with.
Also called: ulip vs mutual fund, unit linked plan returns.
₹35,37,751 after 15 years on ₹18,00,000 of premiums, a net return of 9.22% against a gross 11%. Charges of ₹5,09,841 consumed 1.79% percentage points. Term insurance plus a low-cost fund produced more on the same outlay here.
An estimate, not an offer or a guarantee. Projected returns assume the rate you entered holds for the whole term, which no market does.
This is what the calculation gives for the numbers you entered. It is an estimate, not advice, and it knows nothing about your situation beyond those numbers. Rules for India change on a published schedule; the effective date is shown on every rule-based tool.
A ULIP applies charges at four points: a share of each premium, a monthly admin charge, an annual mortality charge for the life cover, and a fund management charge on the return. Each is small and together they consume a meaningful part of the return, particularly in the early years when allocation charges are highest. The honest comparison is against term insurance plus a low-cost fund, which provides the same two things separately and is shown here. ULIP maturity proceeds are tax exempt subject to premium limits, which is the counterweight.
allocation charges come off the premium, admin and mortality off the fund, and the management charge off the returnEach of these is asserted on every build. If a change to the engine ever moved one of these answers, the build would fail before the page could print it.
Maturity value₹35,37,751
15 x 1.2 lakh
Open this exampleMaturity value₹45,82,794
boundary
Open this exampleFormula version 1.0.0 · definition 1.0.0 · India · Report a problem with this calculator