Tata AIA Shubh Fortune Plan

Features of Tata AIA Shubh Fortune Plan

Following are the key features of the Tata AIA Shubh Fortune Plan:

• Timely Payouts for Education & Life Goals: This ULIP plan gives you payouts at key milestones, such as your child’s higher education or when you retire, helping you achieve your family’s important goals.

• Secure Investment: The premiums you pay are protected, ensuring that a lump sum amount is paid out to your loved ones in case of unforeseen events.

• Long-Term Wealth Growth: Grow your money consistently with top-rated funds (4 or 5 stars by Morningstar). This ensures your investments grow steadily over time.

• Life Protection: This plan provides life coverage throughout the policy term, ensuring your family’s financial security in case of an emergency.

• Premium Waiver: The Benefit Protect Rider ensures that if something happens to you, future premiums are waived off, keeping your child’s future safe.

• Protection under MWPA: Under the Married Women’s Property Act (MWPA), the benefits of the policy are protected for your family and are safe from creditors or lenders.

• Tax Benefits: You can avail of tax benefits on premiums paid and policy payouts under Section 80C and Section 10(10D), as per prevailing tax laws, to optimize your savings.

Who Can Buy Tata AIA Shubh Fortune Plan?

This plan is perfect for:

• Parents who want to plan for their child’s education and future.

• Families who are aiming to achieve major life goals, like buying a house or saving for retirement.

• Individuals who want to ensure they have a worry-free retirement.

Tax Benefits of Tata AIA Shubh Fortune Plan

The tax benefits of the Tata AIA Shubh Fortune Plan are as follows:

• Tax Deduction on Premiums: Premiums paid for Tata AIA Shubh Fortune ULIP are eligible for tax deductions under Section 80C, up to ₹1.5 lakh per financial year.

• Tax-Free Maturity Benefits: Maturity proceeds are tax-exempt under Section 10(10D), provided:

  • For policies issued after April 1, 2012, the annual premium does not exceed 10% of the sum assured. Total premiums across all ULIPs are under ₹2.5 lakh per year.

  • For policies issued before this date, premiums should be below 20% of the sum assured.

• Tax-Free Death Benefits: In case of death, the sum assured paid to the nominee is tax-free under Section 10(10D), irrespective of premium limits.

Latest ULIP NAVs

• Tata AIA Life ULIP Funds
• Bandhan Life ULIP Funds
• Aviva Life ULIP Funds
• Bajaj Life ULIP Funds
• Bharti AXA Life ULIP Funds
• Aditya Birla Sun Life ULIP Funds
• Canara HSBC Life ULIP Funds
• Edelweiss Tokio Life ULIP Funds
• Future Generali India Life ULIP Funds
• HDFC Life ULIP Funds
• ICICI Prudential Life ULIP Funds
• Exide Life ULIP Funds
• Kotak Life ULIP Funds
• Axis Max Life ULIP Funds
• PNB MetLife ULIP Funds
• Reliance Nippon Life ULIP Funds
• SBI Life ULIP Funds
• Pramerica Life ULIP Funds
• IndiaFirst Life ULIP Funds
• Ageas Federal Life ULIP Funds
• Star Union Dai-ichi Life ULIP Funds

Fund Name	NAV	AUM	5 Yr Returns	10 Yr Returns
Tata AIA Life Multi Cap Fund	₹57.91	₹9938 Cr	21%	22%	View More
Tata AIA Life India Consumption Fund	₹55.96	₹2465 Cr	16.48%	19.18%	View More
Tata AIA Life Top 50 Fund	₹88.49	₹391 Cr	12.51%	13.42%	View More
Tata AIA Life Top 200 Fund	₹161.24	₹2808 Cr	16.44%	17.95%	View More
Tata AIA Life Super Select Equity Fund	₹70.22	₹1221 Cr	9.76%	12.87%	View More
Tata AIA Life Large Cap Equity Fund	₹67.21	₹2687 Cr	12.49%	14.66%	View More
Tata AIA Life Whole Life Mid Cap Equity Fund	₹145.69	₹11620 Cr	16.35%	16.94%	View More
Tata AIA Life Whole Life Aggressive Growth Fund	₹93.9	₹904 Cr	13.63%	14.84%	View More
Tata AIA Life Whole Life Stable Growth Fund	₹63.18	₹279 Cr	10.85%	11.9%	View More
Tata AIA Life Whole Life Income Fund	₹41.11	₹823 Cr	5.81%	7.39%	View More
Tata AIA Life Whole Life Short-Term Fixed Income Fund	₹36.5	₹263 Cr	5.64%	6.41%	View More
Tata AIA Life Emerging Opportunities Fund	₹17.88	₹2771 Cr	-	-	View More
Tata AIA Life Dynamic Advantage Fund	₹14.99	₹305 Cr	-	-	View More
Tata AIA Life Small Cap Discovery Fund	₹17.35	₹2038 Cr	-	-	View More
Tata AIA Life Flexi Growth Fund	₹11.99	₹1110 Cr	-	-	View More
Tata AIA Life Rising India Fund	₹10.94	₹706 Cr	-	-	View More
Tata AIA Life Whole Life Income Fund II	₹10.97	₹44 Cr	-	-	View More
Tata AIA Life Flexi Growth Fund II	₹9.82	₹116 Cr	-	-	View More
Tata AIA Life Income Pension Fund	₹10.56	₹4 Cr	-	-	View More
Tata AIA Life Future Equity Pension	₹80.92	₹91 Cr	13.31%	15.5%	View More
Tata AIA Life Future Capital Guarantee Pension	₹32.29	₹2 Cr	5.85%	6.86%	View More
Tata AIA Life Future Growth Pension	₹46.46	₹4 Cr	8.65%	10.01%	View More
Tata AIA Life Future Balanced Pension	₹38.04	₹1 Cr	6.71%	7.82%	View More
Tata AIA Life Future Select Equity	₹99.57	₹10 Cr	9.42%	12.49%	View More
TATA Liquid Fund	₹35.93	₹2 Cr	4.84%	5.06%	View More
TATA Unclaimed Fund	₹17.88	₹36 Cr	5.92%	-	View More
Tata AIA Life Group Pension Balanced Fund	₹37.93	₹63 Cr	6.13%	-	View More
Tata AIA Life Group Pension Bond Fund	₹39.3	₹86 Cr	5.44%	-	View More
Tata AIA Life Group Pension Equity Fund	₹191.7	₹115 Cr	13.5%	-	View More
Tata AIA Life Group Pension Income Fund	₹46.27	₹197 Cr	5.49%	-	View More
Tata AIA Life Group Pension Liquid Fund	₹36.64	₹7 Cr	4.82%	-	View More
Tata AIA Life Group Pension Short Term Fixed Income Fund	₹35.77	₹4 Cr	5.36%	-	View More
Tata AIA Life Income	₹43.96	₹17 Cr	5.62%	7.11%	View More
Tata AIA Life Equity	₹148.87	₹907 Cr	10.83%	12.45%	View More
Tata AIA Life Aggressive Growth	₹85.15	₹188 Cr	13.01%	13.68%	View More
Tata AIA Life Stable Growth	₹60.7	₹14 Cr	9.02%	10.27%	View More
Tata AIA Life Short term Fixed Income	₹36.43	₹5 Cr	5.3%	6.15%	View More
Tata AIA Life Growth Maximiser	₹45.88	₹2 Cr	11.38%	12.49%	View More
Tata AIA Life Capital Guarantee	₹32.52	₹1 Cr	5.57%	6.7%	View More
Tata AIA Life Select Equity	₹107.89	₹138 Cr	10.25%	13.15%	View More
Tata AIA Life 110% Capital Guarantee	₹26.66	₹1 Cr	4.79%	5.81%	View More
Tata AIA Life Aggressive Flexi	₹47.8	₹4 Cr	10.53%	11.03%	View More
Tata AIA Life Stable Flexi	₹36.52	₹2 Cr	7.72%	8.28%	View More
Tata AIA Life Bond	₹34.47	₹3 Cr	5.77%	7.24%	View More
Tata AIA Life Apex Pension 20 Return lock-in	₹36.76	₹2 Cr	7.03%	8.78%	View More
Tata AIA Life Infrastructure	₹48.26	₹17 Cr	13.74%	13.63%	View More
Tata AIA Life Super Select Equity Pension	₹66.44	₹6 Cr	9.23%	12.83%	View More
TATA Balanced	₹84.28	₹15 Cr	9.5%	10.77%	View More
TATA Discontinuance Policy Fund	₹26.21	₹2826 Cr	5.32%	5.62%	View More
TATA Growth Fund	₹126.3	₹62 Cr	11.47%	12.92%	View More
Tata AIA Life Group Premier Equity Fund	₹22.43	₹162 Cr	13.81%	-	View More
Tata AIA Life Group Income Advantage Fund	₹14.54	₹724 Cr	5.84%	-	View More
Tata AIA Life Group Short Term Debt Fund	₹12.48	₹2 Cr	4.54%	-	View More
Tata AIA Life Group Defensive Managed Fund	₹14.4	₹14 Cr	6.55%	-	View More
Tata AIA Life Group Growth Advantage Fund	₹10.69	₹4 Cr	1.35%	-	View More
Tata AIA Discontinued Pension Policy Fund	₹10.5	₹2 Cr	-	-	View More

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Benefits of the MWPA Act in Tata AIA Shubh Fortune Plan

The Married Women’s Property Act (MWPA) ensures that the benefits from your policy are protected for your family. It prevents these benefits from being claimed by creditors or lenders, providing added security for your loved ones.

How Can You Plan Your Investments in the Tata AIA Shubh Fortune Plan?

• Set Clear Goals: Start by deciding what’s important for your family, whether it’s funding your child’s education, buying a house, or saving for retirement.

• Start Early: Invest early so that your wealth grows steadily over time, helping you prepare for rising costs and unexpected financial challenges.

• Stay Stress-Free: With a solid financial plan in place, you can enjoy life’s milestones without worrying about money.

• Keep Your Family Secure: Ensure your family’s future and retirement planning are safe with a plan that balances both your goals and financial security.