With 2024 now in progress SBI Life has completed a decade, since they launched their first Unit Linked Insurance Product (ULIP) in January 2005. Horizon is the oldest ULIP product from SBI Life. It has showcased an impressive consistency of a perfect track record over the last decade.Read more
Guaranteed Tax SavingsUnder sec 80C & 10(10D)
₹1 CroreInvest ₹10k Per Month*
Zero LTCG TaxUnlike 10% in Mutual Funds
Top performing plans with High Returns*
Invest ₹10K/month & Get ₹1 Crore returns*
The policy holder of the Horizon ULIP could buy either the SBI Life Bond or the SBI Life Equity scheme. The annual return on both these policies has been quite impressive . With the Equity Fund offering an annual return of 20.6% and the Bond Fund rendering a compounded annual return of 9.2%, against the Nifty Growth of 15.4% and 6.7% respectively, it’s not surprising to see that the Equity Fund has conquered the Nifty benchmark 9 out of 10 calendar years, while the Bond Fund has given a perfect 10.
The funds were launched with the promise of giving high-end returns and so far it has stood the test of time. It has shown only a positive growth trend. SBI Life with a focus on risk adjustment and clear investment strategies has invested the Equity Fund in large cap companies, which are focused on strong business models with consistent performance. For the Bond Fund the primary aim is to accumulate wealth over a longer duration of time. The funds are invested in a variety of government securities fixed deposits and corporate bonds.
SBI Life is committed to delivering value to its customers. With the introduction of government backed ULIP plans, investors receive good returns on their investments without worrying about the potential risks. The consistency of returns on the SBI Life ULIPS funds indicates that it is a strong investment which doesn’t have a huge amount of risk attached to it.
Over the past 10 years, the SBI Life ULIP has been subjected to stringent regulations and customer demands. Subsequently, these funds have proven to be the long-term investment products which also offer valuable insurance protection.
The current ULIP plans from SBI Life have been designed keeping in mind the past performances, and have also incorporated the customer demands on what they want, making it a revised and evolved ULIP. With the past track record it is expected the ULIPs will maintain a colossal and steady growth in the coming times. Improvement is a necessity and SBI Life will surely deliver. These factors have made the ULIP a great choice for anyone looking to invest. You cannot really go wrong when you have a flawless track record of 10 years.
With the new ULIP plans coming into force in 2015, investors are expected to get even better features and higher returns than the previous ULIPs.
(Source: This article has been adapted from the article "SBI Life celebrates 10 years of its Ulip, Horizon " that appeared on February 02, 2015 in moneyguruindia.com)
*All savings are provided by the insurer as per the IRDAI approved insurance
*Tax benefit is subject to changes in tax laws. Standard T&C Apply
^Tax benefit are for Investments made up to Rs.2.5 L/ yr.
+Returns Since Inception of LIC Growth Fund
~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.
31 Jan 2024ICICI Prudential Life is launching an open-ended New Fund
17 Jan 2024ULIP or Unit Linked Insurance Plans provide rider benefits. They
08 Jan 2024Estimating the ULIP returns over 40 years offers a unique
04 Jan 2024A 35-year ULIP (Unit Linked Insurance Plan) emerges as an
03 Jan 2024A 30-year ULIP (Unit Linked Insurance Plan) is a type of