IndusInd Nippon Life Smart Savings Insurance Plan

Induslnd Nippon Life Smart Savings Insurance Smart Savings Insurance is a unit-linked savings plan that is provided to someone who wants to get rich without losing their financial security. It offers a loose way of managing investment and life cover throughout the policy term. It is suitable to different financial goals and degrees of risk aversion because the plan permits active fund management or the choice of automatic strategies.

Read more

ULIP Plans

  • Take the first step to ₹1 Crore
  • Plans delivering up to 18% CAGR
  • 100% online, Zero paperwork
  • Expert help at no extra cost
  • 4.8++ Rated
  • 13.2 Crore Registered Consumer
  • 53 Partners Insurance Partners
  • 6.29 Crore Policies Sold
Top performing plans˜ with High Returns**
Invest ₹10K/month & Get ₹1 Crore# Tax-Free*
+91
Secure
We don’t spam
Please wait. We Are Processing..
Your personal information is secure with us
Plans available only for people of Indian origin By clicking on "View Plans" you agree to our Privacy Policy and Terms of use #For a 55 year on investment of 20Lacs
Get Updates on WhatsApp
We are rated++
rating
13.2 Crore
Registered Consumer
53
Insurance Partners
6.29 Crore
Policies Sold

List of ULIP Funds ~
Fund Name
AUM
Returns (in %)
3 Year
5 Year
10 Year
57,040 Cr
Returns
19.16%
Highest Returns
Returns
16.91%
Returns
17.31%
Get Details
35,377 Cr
Returns
15.53%
Highest Returns
Returns
13.25%
Returns
14.33%
Get Details
4 Cr
Returns
22.85%
Highest Returns
Returns
22%
Returns
20%
Get Details
0 Cr
Returns
-
Returns
23.46%
Returns
25.41%
Highest Returns
Get Details
10,579 Cr
Returns
16.42%
Returns
21%
Returns
22%
Highest Returns
Get Details
5,680 Cr
Returns
14.37%
Highest Returns
Returns
12.52%
Returns
13.92%
Get Details
5,426 Cr
Returns
17.71%
Highest Returns
Returns
16.47%
Returns
15.96%
Get Details
13,553 Cr
Returns
13.04%
Highest Returns
Returns
11.74%
Returns
12.94%
Get Details
3,330 Cr
Returns
13.16%
Returns
11.91%
Returns
15.05%
Highest Returns
Get Details
478 Cr
Returns
9.61%
Returns
9.11%
Returns
10.2%
Highest Returns
Get Details
1,446 Cr
Returns
7.18%
Returns
7.71%
Returns
9.7%
Highest Returns
Get Details
493 Cr
Returns
12.93%
Returns
12.95%
Highest Returns
Returns
12.33%
Get Details
1,051 Cr
Returns
12.87%
Returns
12.47%
Returns
14.73%
Highest Returns
Get Details
526 Cr
Returns
9.62%
Returns
8.97%
Returns
11.05%
Highest Returns
Get Details
130 Cr
Returns
11.16%
Returns
11.35%
Returns
13.14%
Highest Returns
Get Details
145 Cr
Returns
8.32%
Returns
8.67%
Returns
10.58%
Highest Returns
Get Details
219 Cr
Returns
11.03%
Returns
12.58%
Returns
13.16%
Highest Returns
Get Details
1,126 Cr
Returns
7.65%
Returns
9.15%
Returns
11.34%
Highest Returns
Get Details
0 Cr
Returns
6.6%
Returns
10%
Returns
11.02%
Highest Returns
Get Details
1,753 Cr
Returns
16.99%
Highest Returns
Returns
16.3%
Returns
14.52%
Get Details
see more plans

Disclaimer :
˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in

Eligibility Criteria for the IndusInd Nippon Life Smart Savings Insurance Plan

Criteria Minimum Maximum
Entry Age 1 year 60 years (varies by option)
Maturity Age 18 years 70 years
Premium Payment Term 5 years Regular pay (equal to policy term)
Policy Term 10 years 30 years
Minimum Premium ₹48,000 yearly No upper limit
Sum Assured 7 times annual premium As per underwriting
Premium Frequency Yearly / Half-Yearly / Monthly -
Eligible Individuals Residents of India -
Plan Type Unit-Linked Insurance Plan (ULIP) -

Features of the IndusInd Nippon Life Smart Savings Insurance Plan

Some of the key features of the IndusInd Nippon Life Smart Savings Insurance Plan include:

  • This plan offers a choice between self-managed and auto-managed investment options, allowing you to control or automate your investments based on your preference.
  • It provides flexibility in premium payments, where you can choose to pay for 5, 7, 10 years or throughout the policy term.
  • The plan includes life insurance cover of at least seven times the annualised premium, ensuring financial protection for your family.
  • It also offers loyalty additions and wealth boosters that help enhance fund value over the long-term.
  • You can switch between funds and adjust your investment strategy based on market conditions and your changing financial goals.

If you want to explore more options from the same insurer, you can check other plans offered under Reliance Life Investment Plans to compare features and benefits.

Benefits of the IndusInd Nippon Life Smart Savings Insurance Plan

The IndusInd Nippon Life Smart Savings Insurance Plan offers both savings and protection benefits. It is suitable for individuals looking for long-term wealth creation along with life insurance coverage.

  • Maturity Benefit: Once your policy is completed, the fund value will be paid out as a lump sum or as some form of systematic payouts according to your choice.
  • Death Benefit: Even when the life assured in the policy is one of the three sums assured, the fund value and 105% of the total premiums paid will be offered to the nominee.
  • Wealth Creation: The plan brings with it a chance to increase your investments by creating wealth based on market-linked returns, besides other perks such as loyalty additions and wealth boosters.
  • Liquidity Benefits: You receive some benefits in the form of partial withdrawals after the lock-in period, to take up emergency funds.
  • Flexibility: You can choose investment strategies and switch between funds to align with your financial goals over time.

*There are no riders attached to this plan*.

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

Policy Details of the IndusInd Nippon Life Smart Savings Insurance Plan

The policy details should be known because they guide you to make better decisions in using an IndusInd Nippon Life Smart Savings Insurance Plan.

  1. Grace Period

    A grace period is provided after the premium due date, allowing you to continue the policy without immediate lapse.

  2. Revival

    The policy can be revived within three years from the date of the first unpaid premium by paying all due premiums.

  3. Free Look Period

    You can review the policy within 15 days (30 days for distance marketing) and return it if you are not satisfied.

  4. Surrender

    You can surrender the policy; however, the fund value is payable only after completion of the five-year lock-in period.

  5. Fund Switching

    The plan may switch funds and even switch investment strategies during the policy term.

You can also review different investment plans available in the market to choose an option that aligns with your long-term financial goals.

Exclusions Under the IndusInd Nippon Life Smart Savings Insurance Plan

Suicidal Cover: The benefit will be paid according to the terms of the policy in case the life insured dies of suicide during the period of 12 months after the commencement or the revival of the policy.

Fund Name NAV sort icon AUM sort icon 5 Yr Returns sort icon 10 Yr Returns sort icon
Bandhan Life Debt Fund ₹40.4 ₹93 Cr 5.77% 6.74%
Bandhan Life Secure Fund ₹28.75 ₹46 Cr 5.25% 4.6%
Bandhan Life Blue Chip Equity Fund ₹30.68 ₹206 Cr 10.79% 11.55%
Bandhan Life Stable Fund ₹32.65 ₹17 Cr 7.17% 8.82%
Bandhan Life Accelerator Fund ₹47.61 ₹219 Cr 12.58% 13.16%
Bandhan Life Opportunity Fund ₹40.33 ₹234 Cr 16.68% -
Bandhan Life Pension Debt Fund ₹32.12 ₹4 Cr 5.6% 6.53%
Bandhan Life Pension Enhanced Equity ₹111.81 ₹18 Cr 12.93% 13.01%
Bandhan Life Pension Nifty 500 Momentum Quality 50 Index Fund ₹9.63 ₹2 Cr - -
Aegon Balanced ₹44.71 ₹12 Cr 7.45% 8.68%
Aegon Enhanced Equity ₹69.2 ₹69 Cr 12.39% 12.37%
Aegon Pension Balanced ₹51.05 ₹2 Cr 8.32% 9.22%
Aegon Pension Index ₹85.04 ₹6 Cr 8.2% 10.47%
Aegon Pension Secure ₹28.59 ₹1 Cr 4.62% 4.95%
Aegon Life Group Equity Fund ₹59.59 ₹13 Cr 13.35% -
Bandhan Life Flexi Cap Fund ₹11.21 ₹91 Cr - -
Bandhan Life Mid Cap Fund ₹10.29 ₹82 Cr - -
See more plans

FAQs

  • Are there charges that apply under the IndusInd Nippon Life Smart Savings Insurance Plan?

    Yes, similar to the majority of the ULIPs, the charges to be imposed on the plan are fund management charges, policy administration charges and mortality charges. They are used according to the policy conditions.
  • Is the IndusInd Nippon Life Smart Savings Insurance Plan market-based?

    Yes, it is a ULIP, hence performance depends on the performance of the funds one picks.
  • Is it possible to borrow money in the course of the policy?

    Yes, it is possible to make part withdrawals after five years of lock-in.
  • Who should consider the IndusInd Nippon Life Smart Savings Insurance Plan?

    This plan will be appropriate for those who want to invest their money over a long period with life insurance and flexibility in the management of their funds.
Ulip Insurer2
Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
Average Rating
(Based on 1290 Reviews)

Ulip plans Articles

Recent Articles
Popular Articles
ULIP vs TULIP (Term with Unit Linked Insurance Plan)

20 Jul 2026

Mixing insurance with investment sounds smart, but the products
Read more
ULIP vs. Term Insurance

17 Jul 2026

If you are planning your financial future, you may have come
Read more
Difference Between ULIP and Mutual Fund

16 Jul 2026

Many investors choose the wrong product between ULIP and a
Read more
ULIP vs ETF

16 Jul 2026

If you have been researching investments lately, chances are you
Read more
GST on ULIP

15 Jul 2026

GST applies to ULIPs, but most policyholders do not fully
Read more
ULIP Calculator
  • 08 Oct 2018
  • 180782
A ULIP Calculator is a financial tool designed to help you compare ULIP plans and estimate the maturity amount
Read more
SBI Life ULIP Calculator
  • 22 Sep 2021
  • 33364
SBI Life Unit-Linked Insurance Plans (ULIPs) provide protection and investment opportunity to its policyholders
Read more
Bajaj Life ULIP Plan Calculator
  • 18 Jan 2022
  • 19755
Bajaj ULIP (Unit Linked Insurance Plan) is a popular investment option for investors. It offers dual benefits of
Read more
Aditya Birla ULIP Calculator
  • 30 Apr 2025
  • 4817
An Aditya Birla ULIP Calculator is an online tool that helps you achieve your financial goals at your desired
Read more
Tata AIA ULIP Plan Calculator
  • 07 Feb 2023
  • 27902
A Tata AIA ULIP Plan Calculator is a premium and returns calculation tool that helps easily and quickly compare
Read more

Reliance Life ULIP Plans Reviews & Ratings

4.6 / 5 (Based on 1290 Reviews)
(Showing Newest 10 reviews)
Puja
Hyderabad, July 24, 2026
Maximized Savings Minimum Hassle
Opting for Max Life Online Savings Plan via PolicyBazaar was a great decision. The plans features are outstanding and PolicyBazaar service is top notch. Highly recommended.
Sumit
Pune, July 24, 2026
A Click to Secure Future
HDFC Life Click two Invest bought through PolicyBazaar provides a secure investment avenue. The plan features are comprehensive and user friendly. PolicyBazaar service was commendable throughout.
Sahil
Bangalore, July 24, 2026
A Solid Investment Option
I got Aditya Birla Wealth Aspire Plan from PolicyBazaar. Very good investment option Plan have many good things for long term goals. Big claps for PolicyBazaar their service is top notch
Punit
Delhi, July 24, 2026
A Wise Investment Choice
Opting for Bajaj Allianz Smart Wealth Goal via PolicyBazaar was a smart move. The plans features are superb and PolicyBazaar service exceeded my expectations. A seamless experience overall.
Divya
Ranchi, June 22, 2025
Kotak E Invest plus Policybazaar equal Win
Best combo. Policybazaars help made it stress free.
Harsha
Guwahati, June 21, 2025
Promise for Growth Plus Is Understated
It quietly delivers what it promises. Good pick.
Meera
Vellore, June 20, 2025
Click to Invest Makes Investing Fun
Simple UI digital first and a great entry level product.
Nikhil
Shimla, June 19, 2025
Goal Assure IV Seems Tailored for Me
Plan gives control over fund choice and returns.
Aditi
Vijayawada, June 16, 2025
Policybazaar Helped Me Choose Confidently
Smart Fortune Plus was explained so well. Really appreciated the clarity.
Nidhi
Indore, June 11, 2025
Birla Wealth Smart Plus Has Solid Features
Low charges and good growth options. Very happy.


˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in
Disclaimer: #The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CAGR 8%; ₹50,45,591 @ CAGR 4%. *Tax benefits and savings are subject to changes in tax laws. All plans listed here are of insurance companies’ funds.
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
^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.
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ

Claude
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