Kotak Life E-Invest Plan

The Kotak Life E-Invest Plan is a Unit Linked Insurance Plan (ULIP) offered by Kotak Life Insurance. It is an online investment plan that combines the benefits of life insurance with investment potential.

Read more
Best ULIP Plans
  • Guaranteed Tax Savings

    Guaranteed Tax Savings^

    Under sec 80C & 10(10D)
  • savings

    ₹1 Crore

    Invest ₹10k Per Month*
  • Zero LTCG Tax

    Zero LTCG Tax^

    Unlike 10% in Mutual Funds

Top performing plans with High Returns*

Invest ₹10K/month & Get ₹1 Crore returns*

+91
Secure
We don't spam
View Plans
Please wait. We Are Processing..
Your personal information is secure with us
By clicking on "View Plans" you agree to our Privacy Policy and Terms of use #For a 55 year on investment of 20Lacs #Discount offered by insurance company
Get Updates on WhatsApp
We are rated~
rating
6.7 Crore
Registered Consumers
51
Insurance Partners
3.4 Crore
Policies Sold
Large Cap
Mid Cap
Balanced
Debt
Fund Details
Fund Size
NAV
5 Year
7 Year
10 Year
Top 200 Fund
Fund Size: 1,663 Cr
1,663 Cr
152.36 1.11%
26.54% Highest Returns
21.71%
20.86%
Get Details
Virtue II
Fund Size: 2,894 Cr
2,894 Cr
66.72 0.60%
22.69% Highest Returns
19.01%
18.63%
Get Details
Pure Equity
Fund Size: 2,337 Cr
2,337 Cr
68.4 0.76%
18.83% Highest Returns
15.54%
17.7%
Get Details
Growth Opportunities Plus Fund
Fund Size: 961 Cr
961 Cr
65.74 0.50%
18.63% Highest Returns
16.39%
17.36%
Get Details
Pure Stock Fund
Fund Size: 6,464 Cr
6,464 Cr
138.94 1.24%
17.33% Highest Returns
15.03%
17.09%
Get Details
Large Cap Equity Fund
Fund Size: 2,544 Cr
2,544 Cr
65.98 0.73%
20.37% Highest Returns
18.21%
16.73%
Get Details
Super Select Equity Fund
Fund Size: 1,245 Cr
1,245 Cr
69.86 0.62%
16.75% Highest Returns
14.37%
16.6%
Get Details
Grow Money Plus Fund
Fund Size: 425 Cr
425 Cr
62.52 0.51%
17.47% Highest Returns
16.1%
16.48%
Get Details
Frontline Equity Fund
Fund Size: 3,212 Cr
3,212 Cr
60.3 0.68%
17.91% Highest Returns
15.42%
16.26%
Get Details
Build India Fund
Fund Size: 39 Cr
39 Cr
56.09 0.49%
16.39% Highest Returns
15.14%
16.11%
Get Details
Whole Life Aggressive Growth Fund
Fund Size: 755 Cr
755 Cr
80.53 0.40%
17.7% Highest Returns
15.75%
15.98%
Get Details
Equity Top 250 Fund
Fund Size: 551 Cr
551 Cr
53.67 0.39%
15.5% Highest Returns
13.19%
15.14%
Get Details
Top 50 Fund
Fund Size: 274 Cr
274 Cr
86.18 0.91%
17.58% Highest Returns
16.26%
15.09%
Get Details
Accelerator Fund
Fund Size: 230 Cr
230 Cr
43.42 0.40%
17.88% Highest Returns
15.71%
14.87%
Get Details
Equity Growth Fund II
Fund Size: 4,836 Cr
4,836 Cr
66.38 0.62%
14.64%
13.83%
14.83% Highest Returns
Get Details
Future Apex Fund
Fund Size: 83 Cr
83 Cr
50.43 0.47%
17.54% Highest Returns
15.04%
14.64%
Get Details
Blue Chip Fund
Fund Size: 8,677 Cr
8,677 Cr
45.77 0.42%
14.59% Highest Returns
13.69%
14.41%
Get Details
Growth Super Fund
Fund Size: 13,759 Cr
13,759 Cr
73.45 0.79%
15.13% Highest Returns
14.49%
14.21%
Get Details
Maximiser
Fund Size: 2,892 Cr
2,892 Cr
61.04 0.74%
15.22% Highest Returns
13.95%
14.1%
Get Details
Enhancer Fund-II
Fund Size: 898 Cr
898 Cr
51.26 0.52%
14.4% Highest Returns
13.49%
13.74%
Get Details
Multi Cap Growth Fund
Fund Size: 19,082 Cr
19,082 Cr
48.06 0.35%
13.44%
11.12%
13.72% Highest Returns
Get Details
Equity Fund
Fund Size: 66,368 Cr
66,368 Cr
183.02 1.68%
14.54% Highest Returns
13.41%
13.61%
Get Details
Value & Momentum
Fund Size: 664 Cr
664 Cr
42.81 0.69%
14.48% Highest Returns
9.14%
13.43%
Get Details
Equity Large Cap Fund
Fund Size: 493 Cr
493 Cr
51.54 0.52%
13.79% Highest Returns
12.31%
13.42%
Get Details
Bluechip Equity Fund
Fund Size: 1,074 Cr
1,074 Cr
40.87 0.46%
15.95% Highest Returns
14.69%
13.27%
Get Details
Future Opportunity Fund
Fund Size: 71 Cr
71 Cr
38.83 0.37%
16.02% Highest Returns
13.8%
13.27%
Get Details
Bluechip Fund
Fund Size: 4,390 Cr
4,390 Cr
41.7 0.38%
14.13% Highest Returns
12.81%
13.22%
Get Details
Super 20
Fund Size: 1,956 Cr
1,956 Cr
58.59 0.60%
14.53% Highest Returns
13.82%
13.21%
Get Details
Magnifier
Fund Size: 1,261 Cr
1,261 Cr
111.18 1.21%
13.56% Highest Returns
12.46%
13%
Get Details
Maximiser Fund V
Fund Size: 55,394 Cr
55,394 Cr
48.59 0.46%
14.4% Highest Returns
12.66%
12.75%
Get Details
Future Maximize Fund
Fund Size: 89 Cr
89 Cr
49.49 0.41%
14.36% Highest Returns
12.41%
12.3%
Get Details
Equity II Fund
Fund Size: 3,400 Cr
3,400 Cr
37.66 0.31%
12.24% Highest Returns
11.03%
11.85%
Get Details
Growth Plus Fund
Fund Size: 552 Cr
552 Cr
33.11 0.27%
12.26% Highest Returns
10.8%
11.69%
Get Details
Blue-Chip Equity Fund
Fund Size: 1,054 Cr
1,054 Cr
32.25 0.25%
12.24% Highest Returns
11.78%
11.54%
Get Details
Growth Fund
Fund Size: 8,706 Cr
8,706 Cr
98.25 0.68%
11.07% Highest Returns
10.21%
10.59%
Get Details
See more funds
Fund Details
Fund Size
NAV
5 Year
7 Year
10 Year
Whole Life Mid Cap Equity Fund
Fund Size: 11,380 Cr
11,380 Cr
130.89 0.55%
22.82% Highest Returns
17.54%
21.83%
Get Details
Midcap Fund
Fund Size: 1,340 Cr
1,340 Cr
83.83 0.46%
22.36% Highest Returns
16.52%
19.93%
Get Details
High Growth Fund
Fund Size: 5,651 Cr
5,651 Cr
96.53 0.73%
26.41% Highest Returns
20.95%
19.59%
Get Details
Multiplier
Fund Size: 4,058 Cr
4,058 Cr
84.42 1.28%
18.66%
15.48%
19.31% Highest Returns
Get Details
Accelerator Mid-Cap Fund II
Fund Size: 5,938 Cr
5,938 Cr
76.89 0.52%
18.17%
14.69%
18.75% Highest Returns
Get Details
Opportunities Fund
Fund Size: 35,583 Cr
35,583 Cr
67.61 0.36%
18.59% Highest Returns
14.61%
18.27%
Get Details
Classic Opportunities Fund
Fund Size: 12,743 Cr
12,743 Cr
61.19 0.63%
16.46% Highest Returns
14.01%
15.78%
Get Details
Flexi Cap
Fund Size: 1,350 Cr
1,350 Cr
49.49 0.50%
16.49% Highest Returns
14.53%
14.68%
Get Details
Opportunity Fund
Fund Size: 2,949 Cr
2,949 Cr
51.91 0.41%
15.65% Highest Returns
13.85%
14.61%
Get Details
Save N Grow Money Fund
Fund Size: 67 Cr
67 Cr
54.45 0.32%
10.75%
10.37%
11.39% Highest Returns
Get Details
See more funds
Fund Details
Fund Size
NAV
5 Year
7 Year
10 Year
Whole Life Stable Growth Fund
Fund Size: 241 Cr
241 Cr
55.25 0.25%
14.3% Highest Returns
12.62%
12.93%
Get Details
Balanced Fund
Fund Size: 344 Cr
344 Cr
42.84 0.35%
12.38% Highest Returns
11.08%
12.22%
Get Details
Balancer II
Fund Size: 836 Cr
836 Cr
36.13 0.25%
11.85% Highest Returns
10.72%
11.11%
Get Details
Creator
Fund Size: 523 Cr
523 Cr
91.65 0.50%
10.66%
10.01%
11.09% Highest Returns
Get Details
Stable Fund
Fund Size: 21 Cr
21 Cr
32.01 0.24%
11.76% Highest Returns
11.1%
10.93%
Get Details
Multi Cap Balanced Fund
Fund Size: 2,126 Cr
2,126 Cr
37.88 0.21%
10.53%
9.21%
10.84% Highest Returns
Get Details
Managed Fund
Fund Size: 41 Cr
41 Cr
34.67 0.15%
9.5%
8.84%
10.41% Highest Returns
Get Details
Balanced Plus Fund
Fund Size: 2,129 Cr
2,129 Cr
29.57 0.18%
10.23% Highest Returns
8.99%
9.95%
Get Details
Future Balance Fund
Fund Size: 70 Cr
70 Cr
36.26 0.24%
10.15% Highest Returns
9.21%
9.71%
Get Details
Balanced Fund-II
Fund Size: 141 Cr
141 Cr
32.87 0.19%
9.59%
8.71%
9.6% Highest Returns
Get Details
Enhancer
Fund Size: 6,003 Cr
6,003 Cr
97.65 0.26%
8.57%
8.06%
9.06% Highest Returns
Get Details
Cautious Asset Allocator Fund
Fund Size: 36 Cr
36 Cr
31.5 0.09%
6.77%
6.41%
7.54% Highest Returns
Get Details
See more funds
Fund Details
Fund Size
NAV
5 Year
7 Year
10 Year
Pure Fund
Fund Size: 487 Cr
487 Cr
46.47 0.36%
16.5% Highest Returns
13.44%
16.15%
Get Details
Builder
Fund Size: 243 Cr
243 Cr
84.14 0.12%
8.11%
7.8%
9.26% Highest Returns
Get Details
Whole Life Income Fund
Fund Size: 777 Cr
777 Cr
36.27 0.11%
7.25%
7.05%
8.38% Highest Returns
Get Details
Debt Fund
Fund Size: 466 Cr
466 Cr
34.35 0.11%
7.44%
6.87%
8.17% Highest Returns
Get Details
Protector
Fund Size: 305 Cr
305 Cr
60.74 0.02%
7.03%
6.86%
8.16% Highest Returns
Get Details
Dynamic Gilt Fund
Fund Size: 202 Cr
202 Cr
42.61 0.18%
6.52%
6.54%
8.14% Highest Returns
Get Details
Income Advantage
Fund Size: 832 Cr
832 Cr
37.57 -0.05%
7.1%
6.88%
7.96% Highest Returns
Get Details
Steady Money Fund
Fund Size: 75 Cr
75 Cr
36.57 0.10%
6.58%
6.36%
7.91% Highest Returns
Get Details
Dynamic Bond Fund
Fund Size: 1,433 Cr
1,433 Cr
46.13 0.15%
6.64%
6.44%
7.89% Highest Returns
Get Details
Bond Fund
Fund Size: 22,648 Cr
22,648 Cr
44.61 0.14%
6.54%
6.22%
7.68% Highest Returns
Get Details
Income Fund
Fund Size: 9,030 Cr
9,030 Cr
29.08 0.07%
6.38%
6.33%
7.66% Highest Returns
Get Details
Secure Fund
Fund Size: 1,021 Cr
1,021 Cr
41.75 0.12%
6.57%
6.17%
7.61% Highest Returns
Get Details
Preserver II
Fund Size: 80 Cr
80 Cr
26.38 0.10%
6.42%
6.05%
7.3% Highest Returns
Get Details
Future Income Fund
Fund Size: 83 Cr
83 Cr
33.57 0.12%
5.53%
5.37%
7.05% Highest Returns
Get Details
Protector II
Fund Size: 774 Cr
774 Cr
26.9 0.09%
6.02%
5.62%
7.05% Highest Returns
Get Details
Assure
Fund Size: 279 Cr
279 Cr
42.25 -0.03%
6.15%
6.4%
6.99% Highest Returns
Get Details
Whole Life Short-Term Fixed Income Fund
Fund Size: 234 Cr
234 Cr
32.08 0.00%
5.79%
6.05%
6.78% Highest Returns
Get Details
Money Market Fund
Fund Size: 394 Cr
394 Cr
32.29 -0.01%
5.09%
5.52%
6.35% Highest Returns
Get Details
Bond Fund-II
Fund Size: 72 Cr
72 Cr
25.16 0.06%
4.78%
4.44%
6.3% Highest Returns
Get Details
Liquid Plus
Fund Size: 251 Cr
251 Cr
21.34 -0.01%
5%
5.49%
6.14% Highest Returns
Get Details
Dynamic Floating Rate Fund
Fund Size: 20 Cr
20 Cr
35.27 -0.01%
4.94%
5.16%
6.12% Highest Returns
Get Details
Liquid Fund
Fund Size: 72 Cr
72 Cr
73.51 -0.03%
4.39%
4.73%
5.54% Highest Returns
Get Details
Safe Money Fund
Fund Size: 57 Cr
57 Cr
23.01 0.00%
4.06%
4.45%
5.25% Highest Returns
Get Details
See more funds
grow your wealth

Grow Your Wealth!

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

Data source : value research

Returns as on 17-04-2024. The returns are the returns of best-performing fund in the plan

About Kotak Life E-Invest Plan

The Kotak Life E-Invest Plan is a flexible investment plan that covers protection, investment, a child's future, and retirement all in one. It allows you to rest easy knowing your family's financial security is ensured, even in your absence. 

Eligibility Criteria

The key eligibility criteria that you must fulfil to buy the Kotak Life E-Invest Plan are mentioned below:

Eligibility Criteria

Premium Payment Term

Details

Entry Age

Maximizer

3 – 60 years

Rising Star

18 – 50 years

Retire Rich

3 – 55 years

Maturity Age

Maximizer

18 – 75 years

Rising Star

28 – 60 years

Retire Rich

99 years age of Life Assured

Premium Payment Term (PPT)

Maximizer

Regular: 10 / 12 / 15 / 20 years

Limited:

5/7 Years PPT: 10 / 12 / 15 / 20 years

10 Years PPT: 12/ 15 / 20 years

Rising Star

Regular: 10 / 12 / 15 / 20 years

Limited: 

5/7 Years PPT: 10 / 12 / 15 / 20 years

10 Years PPT: 12/ 15 / 20 years

Retire Rich

Limited: 

10 – 60 years minus (-) Entry Age of Life Assured

Policy Term

Maximizer

10/ 12/ 15/ 20 years

Rising Star

Retire Rich

99 years minus (-) Entry Age of Life Assured

Annualised Premium

Maximizer

Rs. 9,000 – No Limit

Rising Star

Rs. 24,000 – No Limit

Retire Rich

Rs. 24,000 – No Limit

Sum Assured

Maximizer

10 × Annualised Premium 

Rising Star

Retire Rich

Invest more and Get more with ULIP Plan Invest more and Get more with ULIP Plan

People also read: What is ULIP

Features of Kotak Life E-Invest Plan

The key features of this best ULIP Plan are as follows:

  • Online Convenience: The plan can be easily purchased and managed online, providing convenience and accessibility to policyholders.

  • Zero Premium Allocation Charge: 100% of your premiums are invested into the chosen funds. This means that there are no upfront charges deducted from your investment amount.

  • Dual Benefit: Combining investment and insurance, the plan provides both wealth creation opportunities and financial protection to the policyholder and their loved ones.

  • Multiple Plan Options: You can choose from different plan options like Maximizer, Rising Star and Retire Rich, each with its own benefits and features. These plan options can help you achieve your specific financial goals, such as saving for your child's education or retirement.

  • Flexibility to Choose Investment Strategies: You can choose from two investment strategies: Self-Managed Strategy and Age-Based Strategy. The Self-Managed Strategy allows you to choose from a wide range of fund options, while the Age-Based Strategy automatically allocates your investments across different asset classes based on your age.

  • Enhance Your Fund Value Through Yearly Additions: Starting from the 6th policy year, Kotak Life E-Invest Plan adds a loyalty benefit to your fund value every year till the end of the policy term. This loyalty benefit can help you increase your corpus over the long term.

  • Return of Mortality Charges: In case of policy termination due to death, 25% to 200% of the mortality charges deducted will be added to the fund value. This benefit helps ensure that your nominee receives a substantial payout even in case of your unfortunate demise.

  • Flexible Premium Payment: Policyholders have the flexibility to choose their premium payment frequency based on their convenience and cash flow requirements.

  • Partial Withdrawal: The plan may offer the option for partial withdrawals, allowing you to access funds in times of financial need while keeping your policy active.

  • Additional Riders: Depending on the variant of the plan chosen, policyholders may have the option to enhance their coverage with additional riders, such as critical illness or accidental death benefits.

  • Fund Switching: It may provide the flexibility to switch between investment funds based on changing market conditions or investment objectives, allowing for optimisation of returns.

  • Tax Benefits: ULIPs like the Kotak E-Invest Plan offer tax benefits on premiums paid, maturity proceeds, and death benefits under specific conditions. 

People also read: Kotak Life ULIP Plans

Investment Fund Options

The list of the 12 fund options available under the Self-Managed Strategy of the Kotak Life E-Invest Plan is as follows:

Investment Fund Name Equity Debt Money Market Risk – Return Profile
Classic Opportunities Fund 75%- 100% 0%-25% 0%-25% Aggressive
Frontline Equity Fund 60%- 100% 0%-40% 0%-40% Aggressive
Balanced Fund 30%- 60% 20%- 70% 0%-40% Moderate
Dynamic Bond Fund -- 60%- 100% 0%-40% Conservative
Dynamic Floating Rate Fund -- 60%- 100% 0%-40% Conservative
Dynamic Gilt Fund -- 80%-100% 0%-20% Conservative
Money Market Fund -- -- 100% Secure

Invest in high growth ULIP Plans Invest in high growth ULIP Plans

Investment Strategies

These two investment strategies offered by Kotak Life E-Invest Plan provide different approaches to managing your finances:

  • Self-Managed Strategy: This approach gives you the freedom to select from a diverse range of fund options, allowing you to tailor your investments to maximise potential earnings. With this strategy, you have the flexibility to balance your risk tolerance with the duration of your investment.

  • Age-Based Strategy: As your financial needs evolve over time, it's crucial to adjust your investment strategy accordingly. This personalised approach considers your age and risk appetite, categorising you into aggressive, moderate, or conservative investor profiles. It aims to strike an optimal balance between equity and debt investments to meet your evolving needs at different stages of life.

Policy Details

The policy terms and conditions of the Kotak Life E-Invest Plan are as follows:

  1. Grace Period:

    • A grace period of 30 days is allowed for annual, half-yearly, and quarterly premium modes and 15 days for the monthly mode.

    • The policy remains in force during the grace period.

  2. Partial Withdrawal:

    • Partial withdrawals are permitted if the insured is a major.

    • Allowed after the completion of the lock-in period of five policy years.

  3. Discontinuance during the Lock-in Period:

    • If the policy is discontinued due to non-payment of premium after the grace period, the fund value (after applicable charges) is credited to the discontinued policy fund, and the risk cover ceases.

  4. Revival of Discontinued Policy during Lock-in Period:

    • If the policy is revived, the risk cover is restored along with investments made in segregated funds, subject to applicable charges.

  5. Segregated Discontinued Policy Fund:

    • A segregated unit fund is created for discontinued policies.

    • Fund management charge on the discontinued policy fund should not exceed 50 basis points per annum.

  6. Discontinuance after Lock-in Period:

    • After the lock-in period, if the policy is discontinued due to non-payment of premium, it is converted into a Reduced Paid Up policy.

    • The policy continues with reduced benefits and without rider cover.

    • The policy can be revived, restoring the original risk cover, subject to terms and conditions.

  7. Discontinued Policy Fund:

    • Funds from policies discontinued within the first five policy years are transferred to the Discontinued Policy Fund.

    • The fund aims to provide secure returns by investing in low-risk debt instruments.

  8. Settlement Option:

    • Policyholders can choose to receive maturity proceeds either as a lump sum or through pre-selected periodic instalments.

    • The choice must be communicated to the company at least 3 months before maturity.

    • Loans are not available under this plan.

  9. Free Look Period:

    • Policyholders have 15 days (30 days for electronic policies or policies obtained through Distance Marketing) to review the policy.

    • If the terms and conditions are not agreeable, the policy can be returned within this period.

People also read: ULIP Calculator

Suicide Exclusion Criteria

If the policyholder commits suicide within the first year of starting the policy or after revival, the nominee gets the fund value at the time of death.

If the life insured commits suicide within a year of revival, the full death benefit is paid if the policy is revived within 6 months of discontinuation. Otherwise, only the fund value at the time of death is paid, with certain charges added back.

FAQ's

  • Is it safe to invest in Kotak Life?

    While Kotak Life is generally considered a safe investment option due to factors like:
    • Strong financial performance: Kotak Mahindra Life Insurance Company Limited has a good financial track record with a solvency ratio exceeding the IRDAI (Insurance Regulatory and Development Authority of India) requirement and a high claim settlement ratio.

    • Established brand: Kotak Mahindra Group is a well-established and reputable financial conglomerate in India.

  • What is the Kotak Life plan?

    Kotak Life offers a variety of insurance and investment plans, including:
    • Traditional life insurance plans: These plans offer guaranteed benefits like death benefits and maturity benefits.

    • Unit Linked Insurance Plans (ULIPs): These plans combine insurance coverage with investment opportunities in the stock market.

    • Term life insurance plans: These plans offer pure life insurance coverage at a lower cost, typically for a specific period.

  • Is Kotak Life a good company?

    Kotak Life is considered a reputable company in the Indian insurance industry with a good track record. However, whether it is a "good" company for you depends on your individual needs and priorities. It is important to compare different insurance providers and plans before making a decision.
  • What is Kotak Mahindra investment account?

    Kotak Mahindra offers various investment accounts, including brokerage accounts and Demat accounts, which allow you to invest in market-linked funds, stocks, mutual funds, and other financial instruments directly. These accounts are separate from Kotak Life insurance plans.

*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

Become a Crorepati

Invest ₹10K/Month & Get ₹1 Crore returns*

Mobile +91
*T&C Applied.
Close
Download the Policybazaar app
to manage all your insurance needs.
INSTALL