Star Union Dai-ichi SIP Plan

Star Union Dai-ichi Life Insurance Co. Ltd. (SUD Life) offers a diverse portfolio of investment-linked insurance plans tailored for Indian investors seeking long-term wealth creation and life protection. While SUD Life does not offer a traditional Systematic Investment Plan (SIP) akin to mutual funds, it provides Unit Linked Insurance Plans (ULIPs) that allow policyholders to invest periodically, mirroring the SIP approach.

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List of Star Union Dai-ichi SIP Plans

Fund Name 5 Year Returns  10 Year Returns 
Star Union Dai-ichi Life-Apex Growth 14.79% 10.07%
Star Union Dai-ichi Life-Equity 16.88% 10.44%
Star Union Dai-ichi Life-Income Fund 5.72% 6.42%
Star Union Dai-ichi Life- Mid Cap Fund 25.24% -
Star Union Dai-ichi Life-Pension Balanced 9.63% 7.89%

Understanding SUD Life's Investment Plans

SUD Life's investment plans are designed to cater to various financial goals, combining life insurance coverage with investment opportunities. These plans offer flexibility, allowing policyholders to choose premium payment terms, investment strategies, and fund options based on their risk appetite and financial objectives.​

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I want to invest Pro Tip
Financial experts suggest that a person should invest 10-15% of their monthly income for long-term financial growth
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I want to invest for Pro Tip
Financial experts suggest that individuals should ideally invest for a period of 5 to 10 years, or even longer, to maximize the benefits of compounding and navigate market fluctuations effectively
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Expected return Pro Tip
Top 25% of investors consistently generate more than 12% return
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Total Wealth ₹1.03 Cr
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I want to save
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Financial experts suggest that individuals should ideally invest for a period of 5 to 10 years, or even longer, to maximize the benefits of compounding and navigate market fluctuations effectively
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Expected return Pro Tip
Top 25% of investors consistently generate more than 12% return
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Monthly Investment ₹22.4 L
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Key ULIP Plans Offered by SUD Life

Plan Name Key Features Suitable For
SUD Life Wealth Builder Single premium plan with 9 fund options, life cover, partial withdrawals, and fund switching. Investors seeking one-time investment with flexibility.
SUD Life Dhan Suraksha Plus Offers life cover with investment in 4 fund options, flexible premium payment terms. Individuals looking for a balance between protection and investment.
SUD Life Star TULIP High protection coverage up to 30x, wealth boosters, and 12 free switches per year. Long-term investors desiring high coverage and growth potential.

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Top Savings Plans by SUD Life

Plan Name Highlights Ideal For
SUD Life Century Income Guaranteed income with options for immediate, deferred, or twin income payouts. Individuals seeking regular income post-retirement.
SUD Life Guaranteed Money Back Plan Periodic money-back payouts during the policy term along with maturity benefits. Those looking for liquidity at regular intervals.
SUD Life Century Star Life cover ranging from ₹5 lakhs to ₹25 lakhs, flexible premium payment options. Policyholders desiring customizable coverage.

Conclusion

Star Union Dai-ichi Life Insurance offers a versatile range of investment-linked and savings plans that cater to diverse financial goals—be it wealth creation, life protection, or guaranteed income. While it doesn’t offer traditional SIPs, its ULIP plans allow investors to make periodic contributions. Whether you're a first-time investor looking to dip your toes in market-linked products or a seasoned planner aiming for long-term wealth and protection, SUD Life has a plan that fits. By understanding your goals and risk profile, you can choose the most suitable plan and take a confident step toward financial security.

FAQs

  • Does SUD Life offer traditional SIPs?

    No, SUD Life does not offer traditional mutual fund SIPs. However, their ULIP plans allow for periodic premium payments, functioning similarly to SIPs by enabling regular investments.
  • What is the minimum investment amount in SUD Life's ULIPs?

    The minimum investment varies by plan. For instance, the SUD Life Wealth Builder requires a single premium payment, while others like Dhan Suraksha Plus offer flexible premium payment options.
  • Can I switch funds in SUD Life's ULIP plans?

    Yes, plans like SUD Life Star TULIP offer up to 12 free fund switches per year, allowing policyholders to adjust their investment strategy based on market conditions.
  • Are there any guaranteed returns in SUD Life's savings plans?

    Yes, plans like SUD Life Century Income provide guaranteed income payouts, offering financial stability over the policy term.
  • How can I purchase a plan from SUD Life?

    You can buy plans online through the SUD Life website or consult their advisors for personalised assistance.

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Invest ₹10K/Month & Get ₹1 Crore# Tax-Free*
*under 10(10D)

˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in
Disclaimer:#The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CAGR 8%; ₹50,45,591 @ CAGR 4%. All SIPs listed here are of insurance companies’ funds. 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.
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
^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.
¶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.
**Returns are based on past 10 years’ fund performance data (Fund Data Source: Value Research).

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