HDFC ULIP Calculator

How to use an HDFC ULIP Calculator? 

HDFC ULIP calculator is built in a user-friendly way that helps investors to use it without any difficulty. The following are the different steps you need to follow for utilizing the calculator:

• Step 1: Visit the official HDFC Website.
• Step 2: Click on the HDFC ULIP calculator tool.
• Step 3: Enter the preferable ideal amount for your long-term monetary plans.
• Step 4: Enter the tenure period for which you want to make your HDFC ULIP investments.
• Step 5: Now, enter the percentage of market-linked instruments and risk-free instruments as per your choice.
• Step 6:- Now, enter the return rate on risk-free instruments and market-linked instruments expected by you.
• Step 7: On entering all the details asked by the tool, the HDFC ULIP calculator will now automatically provide you with the results based on your entered details. 

The tool will give information about investments in market-linked instruments, risk-free instruments, and the ideal premium amount required to achieve your long-term financial objectives.

HDFC ULIP Calculator Example

• Step 1: Let the ideal amount for long-term plans be Rs 20,00,000.

Amount: Rs 20,00,000

• Step 2: Let the tenure period for your investment be 15 years.

Duration: 15 years.

• Step 3: Let the Investment division percentage be:

• Risk-free instruments: 40%
• Market linked instruments: 60%

• Step 4: Let the expected rate of returns be:

• Risk-free instruments: 6%
• Market-linked instruments: 8%

Results:

• Risk-free instrument Investment: Rs.34,370
• Market linked instruments investments: Rs.44,195
• Annual investment needed: Rs.78,565

Advantages of HDFC ULIP Calculator

Let us look at some of the significant advantages of using an HDFC ULIP calculator:

• Transparency: HDFC ULIP calculator provides complete clarity and transparency in the computation of the returns. The online tool will help you calculate the returns for a certain fund for a chosen tenure period in the most apparent and obvious procedure.
• Flexibility: You get complete flexibility using the HDFC ULIP calculator. You can change the premium amount and tenure variables as per your needs, get different outcomes, and then compare and decide the best and most affordable investment plan for your long-term goals.
• Promising planning of life goals: HDFC Life ULIP calculator is beneficial in planning your long-term financial investment goals most strategically and effectively. You'll get an estimated idea of the fractions of risk-free instruments, market-linked instruments, and the ideal premium amount required to achieve your long-term financial objectives.
• Logical investment decisions: It is essential to analyze and compare the estimated returns of different ULIP schemes available. So, with the help of the HDFC ULIP calculator, this task becomes easy. Once comparing all the available ULIP schemes, making logical decisions for your financial investment planning will be relatively easy.

Information Required While Using HDFC ULIP Calculator

You must be acquainted with the following information before using the HDFC ULIP calculator:

• Have an estimated idea of the amount that you want at the time of maturity.
• Have an estimated idea of the duration of tenure for which you want your investment returns to come about.

• Know the chosen HDFC ULIP fund for investment.
• Know the premium paying frequency for the selected ULIP investment plan.
• Have an estimated idea of the rate of return for the chosen  HDFC ULIP investment scheme.

Summing it Up

Long-term investment plans for securing a safe and great future for yourself and your family are essential in today's time. ULIP plans like the HDFC ULIP plan is an excellent investment option as it helps you make organized investments resulting in the growth of money and insurance protection that effectively leads you to a bright future. To make investments in ULIPs even easier for common people, online tools like the HDFC ULIP Calculator are a great help. They help you understand ULIPs more thoroughly and make informed decisions. The customer-friendly interface and easy access only add to the several benefits of the HDFC ULIP Return Calculator.

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