Max Life ULIP Plan Calculator

Why Should You Use Max Life ULIP Calculator?

The Max Life ULIP Plan Calculator can be used for strategically targeting your future investments and generating the most promising returns. Let's take a look at a few reasons why you should use the Max Life ULIP Plan Calculator:

• Compare ULIP plans: Max Life ULIP Plan Calculator effectively evaluates and compares different ULIP plans and policies. You can choose the most promising one based on your goals, your future costs, availability and needs.

• Supervision of investment decisions: By using the Max Life ULIP Plan Calculator for planning your future intents and investment plans, you have entire restraint over your investment choices. You can review the various premium and participation monopolies and determine the final calculated value of your ULIP investment even before investing.

• Convenience: Max Life ULIP Plan Calculator is a convenient and user-friendly online tool that investors can easily operate without any hassle. For example, by entering some basic details about your investment goal, you can get accurate results on the ideal bonus amount needed to meet your long-term financial expectations.

• Availability: Max Life ULIP Calculator is a simple to use free online tool. You can access and use the Max Life ULIP Calculator anytime through day or night.

How to use Max Life ULIP Calculator?

Here are the different steps you need to take to use the Max Life ULIP Calculator:

• Step 1: Visit the official Max Life Website.

• Step 2: Click on the Max Life ULIP Plan Calculator tool.

• Step 3: Opt for an investment plan from the options provided in the Max Life ULIP calculator.

• Step 4: Input personal data such as name, date of birth, and gender.

• Step 5: Enter the preferred amount of premium you want to pay and select either monthly or annually for a particular ULIP plan.

• Step 6: Enter the tenure period for your premium payout for your ULIP investment.

• Step 7: Now, enter the return rate on risk-free instruments and market-linked instruments expected by you.
  (Note: Returns in the case of risk-free instruments are fairly lower than returns in the case of market-linked instruments.)

• Step 8: Once done with entering all the asked details by the tool, the Max Life ULIP Calculator will now automatically give you the results based on investment details entered by you.

The tool provides detailed input on investing in risk-free, market-linked instruments and the ideal premium amount required to meet your long-run monetary goals.

Max Life ULIP Calculator Example

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

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

• Step 3: Let the division percentage be:

• Risk-free securities: 40%

• Market linked securities: 60%

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

• Risk-free securities: 6%

• Market-linked securities: 8%

Results:

• Risk-free securities Investment: Rs.34, 370

• Market linked securities investments: Rs.44,195

• Yearly investment needed: Rs.78,565

Top ULIP Funds

Returns 3 Years 5 Years 10 Years

Equity (Large, Mid Cap) Balanced Debt

Fund Name

AUM

NAV

Returns (in %)

3 Year

5 Year

10 Year

Whole Life Mid Cap Equity Fund

Tata AIA

AUM:13,041 Cr

13,041 Cr

NAV

155.97

-0.88%

Returns

24.07%

Returns

29.02%

Highest Returns

Returns

20.47%

Get Details

Top 200 Fund

Tata AIA

AUM:2,044 Cr

2,044 Cr

NAV

178

-1.55%

Returns

24.74%

Returns

31.65%

Highest Returns

Returns

20.12%

Get Details

High Growth Fund

Max Life

AUM:7,665 Cr

7,665 Cr

NAV

119.16

-0.77%

Returns

29.03%

Returns

29.68%

Highest Returns

Returns

20.1%

Get Details

Multiplier

Birla Sun Life

AUM:4,680 Cr

4,680 Cr

NAV

100.49

-0.58%

Returns

24.01%

Returns

25.73%

Highest Returns

Returns

18.69%

Get Details

Virtue II

PNB Metlife

AUM:3,473 Cr

3,473 Cr

NAV

79.02

-0.57%

Returns

22.28%

Returns

27.93%

Highest Returns

Returns

18.14%

Get Details

Fund Name

AUM

NAV

Returns (in %)

3 Year

5 Year

10 Year

Whole Life Stable Growth Fund

Max Life

AUM:256 Cr

256 Cr

NAV

60.88

-0.26%

Returns

13.13%

Returns

15.92%

Highest Returns

Returns

12.62%

Get Details

Balanced Fund

Max Life

AUM:367 Cr

367 Cr

NAV

48.16

-0.13%

Returns

13.48%

Returns

15.05%

Highest Returns

Returns

11.99%

Get Details

Growth Plus Fund

Max Life

AUM:591 Cr

591 Cr

NAV

37.08

-0.13%

Returns

13.79%

Returns

15.67%

Highest Returns

Returns

11.3%

Get Details

Save N Grow Money Fund

Max Life

AUM:70 Cr

70 Cr

NAV

58.68

-0.12%

Returns

10.4%

Returns

11.99%

Highest Returns

Returns

10.83%

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Creator

Max Life

AUM:541 Cr

541 Cr

NAV

100.45

-0.23%

Returns

10.51%

Returns

12.56%

Highest Returns

Returns

10.81%

Get Details

Fund Name

AUM

NAV

Returns (in %)

3 Year

5 Year

10 Year

Pure Fund

Max Life

AUM:575 Cr

575 Cr

NAV

54.02

-0.37%

Returns

16.86%

Returns

21.81%

Highest Returns

Returns

15.22%

Get Details

Builder

Max Life

AUM:243 Cr

243 Cr

NAV

89.11

-0.06%

Returns

7.43%

Returns

8.47%

Returns

9.01%

Highest Returns

Get Details

Whole Life Income Fund

Max Life

AUM:773 Cr

773 Cr

NAV

37.75

0.00%

Returns

5.89%

Returns

6.75%

Returns

8.27%

Highest Returns

Get Details

Conservative Fund

Max Life

AUM:235 Cr

235 Cr

NAV

54.81

-0.03%

Returns

7.17%

Returns

7.87%

Returns

8.02%

Highest Returns

Get Details

Protector

Max Life

AUM:304 Cr

304 Cr

NAV

63.69

-0.02%

Returns

6.28%

Returns

7.03%

Returns

8.01%

Highest Returns

Get Details

Advantages of Max Life ULIP Calculator

Let us take a look at some of the best advantages of using the Max Life ULIP Calculator:

• Clarity of investment: Using the Max Life ULIP Calculator to know various premiums and maturity benefits provides you with the investment clarity and transparency for proceeding. 

• Complete flexibility: Max Life ULIP Plan Calculator offers flexibility to select your ULIP investment plan and try various tenure and premiums to find the best for yourself.

• Help in financial planning: Max Life ULIP Plan Calculator will provide you estimated results of the amount to be paid as monthly or yearly premium and other details beneficial for strategic investment.

• Compare different ULIPs: Max Life ULIP Calculator helps you compare different plans to take the final before making any investment.

Information Required While Using Max Life ULIP Calculator

Input the following information to use the Max Life ULIP Calculator:

• Return amount in investment maturity

• Investment tenure period and premium

• Suitable ULIP Investment plan

• Premium payment frequency

• Rate of return

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Benefits of buying a Max Life ULIP Plan

Let's take a look at some reasons why you should be investing in a Max Life ULIP plan:-

• Death benefit: The main benefit of Max Life ULIP is to protect your family with insurance in the future in the event of an unpleasant incident. Upon the investor's death, all future premiums will be forfeited as long as the funds remain capitalized.

• Flexibility: Buying a Max Life ULIP Plan offers investing flexibility to the investor. You have various investment options to choose the best based on your affordability and long-term goals.

• Achieving your future goals: Max Life ULIP plan helps you make organized investments leading to a brighter future. Strategically investing in a long-run ULIP investment plan and securing a safe and excellent prospect for you and your family is undeniable.

• Tax benefits: Under section 80C of the Income Tax Act 1961, you can receive up to 1.5 lakh tax deductions based on the insurance premiums.

In Conclusion

Investing in a Max Life ULIP policy and organizing your investment plans helps you significantly prioritize your future goals. To buy any ULIP plan, use Max Life ULIP Plan Calculator for better understanding and decision-making.