ULIP, also known as Unit Linked Insurance Plan, is a combined insurance product that offers the benefits of both insurance and investment services in a solitary plan. It is a vastly popular investment plan among policyholders and investors because it offers great returns with insurance. A fraction of your premium is utilized for insurance protection. The remaining fraction is used to invest in various market-linked schemes. This unique combination of investment and insurance gives it the name of Unit Liked Insurance Plan. An HDFC ULIP Calculator is a great online tool that you can use to understand the ULIP more thoroughly and get to know about its returns.
Read moreTop performing plans with High Returns**
Invest ₹10K/month & Get ₹1 Crore# on Maturity
Invest For (in Years)
Stay invested for (in Years)
Expected rate of return (in %)
HDFC ULIP calculator is created strategically aiming at your future investments and determining the most suitable ULIP plan so that you can get the most promising returns. Therefore, let us look at some reasons why should you be using the HDFC ULIP Plan Calculator:
Future Prospective: HDFC ULIP plan calculator is beneficial in overseeing long-term investment goals. You may use this tool for planning your future objectives such as retirement, children's education, etc.
Accessibility: It is an easily accessible and free-to-use online tool. You can conveniently use the HDFC ULIP Plan calculator from your comfort place at any time.
Convenient and Simple Usage: For using the calculator, you are not required to have a deep understanding of finance and investment. The online tool is built in a user-friendly way that helps investors to use it without any difficulty. For example, you can get a precise result on the ideal recompense amount required to achieve your long-term financial objectives by inputting some basic details about your investment plans.
Compare different ULIP:You can use the HDFC ULIP plan calculator effectively by evaluating and comparing the various ULIP schemes and plans and then selecting the best plan per your future goals, affordability, and necessities.
Complete control over your investment decisions: Using the HDFC ULIP calculator for planning your future goals and investment plans provides you with full control over your investment decisions. You can check the different monopolies of premiums and tenures and find the end computed value of your ULIP investment.
Disclaimer :
†Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. The sorting is based on past 10 years’ fund performance (Fund Data Source: Value Research). For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
People also read: HDFC Life NIFTY 200 Alpha 30 Fund
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.
Optimize your investments using: SIP Calculator
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
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.
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.
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.
†Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. The sorting is based on past 10 years’ fund performance (Fund Data Source: Value Research). For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
*All savings are provided by the insurer as per the IRDAI approved insurance
plan.
^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.
+Returns Since Inception of LIC Growth Fund
¶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
^^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.
Grow your wealth & meet your Financial goals
Systematically Invest in high growth plans with returns upto 18%*05 Dec 2024
The ABSLI Salaried Suraksha ULIP is a unit-linked05 Dec 2024
The Bajaj Allianz Life Assured Wealth Goal Plan is a life14 Nov 2024
When investing in Unit-Linked Insurance Plans (ULIPs), it’s11 Nov 2024
A top-up premium in a ULIP (Unit Linked Insurance Plan) allowsInsurance
Calculators
Policybazaar Insurance Brokers Private Limited CIN: U74999HR2014PTC053454 Registered Office - Plot No.119, Sector - 44, Gurugram - 122001, Haryana Tel no. : 0124-4218302 Email ID: enquiry@policybazaar.com
Policybazaar is registered as a Composite Broker | Registration No. 742, Registration Code No. IRDA/ DB 797/ 19, Valid till 09/06/2027, License category- Composite Broker
Visitors are hereby informed that their information submitted on the website may be shared with insurers.Product information is authentic and solely based on the information received from the insurers.
© Copyright 2008-2024 policybazaar.com. All Rights Reserved.