Great insight sir. Most of the videos on you tube having only negative views. Probably they fail to understand that for comman person it is really hard to make money even from direct equity investment. It is difficult to stay invested against market volatility. I am having ULIP from HDFC. Initials years were having disappointment looking at principal amount invested after all deduction of charges. After 10 years, I can say that it is performing well and the good part is the locking period which makes us go through the disciplined and structured investment againt all odds of market situation.
Thanks for this video sir, I have been telling the concept of zero tax on ulip to my friends but they are eclipsed by the life insurance charges and are unable to see the advantage of ULIP. You have fortified my belief in ULIP
Very well explained. Very true. I purchased an ABSL ULIP Plan for 5 years at the age of 55 years. The performance of the plan during those contributory 5 years was not very satisfactory. However the NAV of the plan shot up from the 6th year onwards. It is 7 years now, and the returns are more than 18%. Whats more, it will be totally tax free whenever I surrender it.
If possible, purchase ULIPs in your wife or son names to reduce the mortality charges. I guess, you could have done it in your ages. I myself also had purchase 2 ULIPs so far with no time frame for the policies. After few years, it will become MF for me with almost no excess charges
Invested : Aditya birla 10 lakhs ( 2 lakhs x 5 ) today it is 21.5lahs Tata aia ( 2x 5 years ) paid until now 8 lakhs and showing now 11.5 Sbi ulip just paid 6 lakhs now shpwing 6.93 lakhs .
No sir, back testing shows mf return are higher by @1.5-2% more than ULIP( may b due to charges & mortality charges) Result after paying tax both returns are more or less same. Where Ulip stands tall is additional life cover and if you can time market(Rebalance) , due to zero tax, it can give huge differential return
Sir Good morning I am seriously fear of loosing money. I am 32 years old. Invested 1.5L PA in SBI e wealth insurance ULIP plan for 18 years. There is no concept of wealth booster on 10th, 15th and 20th years. They are charging Mortality charges (refund after 8th year) Tax, FMC and admin charges. Fund allocation is 80% on equity and 20% on Bonds MF i may stop and withdraw so i opted ULIP for my long-term goal. Am i moving on right track? Of should i discontinue policy? 18 years plan - paid 5 months premium.
@@R2Js Bhai English samajh me nhi ayi Teri. Kahana kya chahte ho? BTE I also have ULIPs and purchased them when everyone are against them. Next time, buy ULIP where there is no end of the ULIP plan. Means paid for 12 years. And maturity is at 2053. Buy such plans.
Hello sir, you are expressing the fact that ULIP will work in the long term but any reason why this will be better than the combination of term plan plus mf in the long run even if we pay taxes on rebalancing in MF
1. ULIPs maturity is tax free while MF, you have to pay taxes. 2. If you are well versed with the market conditions, than ULIPs usually gave 2 free chances annually to switch your funds choices. Its not only about Equities but also debt. While in MF, you need to pay tax on every switch.
Sir can you please explain why a minimum of 2.5 lakhs per annum as the returns are going to from the market and ideal case percentage wise should yield similar results?
I have done sbi retire smart policy. Already 5 instalment from 2017 to 2023. Waiting for 5years. After that pension will start. Can u give some insight about that ❤
Which is better for NRI, who want to get the money back to usa after maturity, is it true mutual funds are taxable in usa and ulips are not taxable in usa after maturity ?
It has nothing to do with family .. tax free limits are 2.5 lakhs per person per year for premium contribution. Any amount in excess of this will attract 10% capital gains tax at maturity
MY BRO WAS INSISTED FOR INVESTMENT BY SBI BANK, SBI GAVE ULIP POLICY @ 28YRS OF HIS AGE,BY THE NEXT YEAR JUNE IT IS ABOUT TO MATURE HIS POLICY. BY NOW IRR IS 4.5. SBI LIFE SMART WEALTH NOT MANAGED HIS ULIP ACCORDING TO HIS AGE. NOT INVESTED IN EQUITY THEY INVESTED ALL AMOUNT IN BOND FUNDS WHAT IS THE USE OF THIS ULIPS.?
I think there are lots of confusion regarding ULIP because there are plenty of videos where people showcase their MF portfolio and can display the xirr and return The same is not available for ULIP. nobody is showing their Ulip return which they are doing from last 8-10 years
Longest standing fund under ULIP Is Maximiser from ICICI Prudential , it has track record of over 2 decades and clocking a CAGR return of approx 14% over.. that is in line with any long standing MF large cap
CAN TATA AIA GUARANTEE RETURN OF 15% ON ULIP.WHY YOU ARE MISGUIDING INOCENT PEOPLE???ONE SHOULD NEVER GO FOR ULIP Insurance OF ANY COMPANY RATHER PUT MONEY IN FD TO GET AT LEAST 8% ASSURED RETURN
Of course tata aia ulip is not a guaranteed return plan,which i understand verywell.Iam not confused like you as you replied.my question is very simple,can tata aia can give return@15% on
Please check fund performance of your large cap funds under TaTa Ulip .. whatever market gives, the fund should give similar returns .. that is a fair expectation.. cannot guarantee any number
Your services are available only for people who can save more than 1 lakh per month and when we give details to you only such as personal details email , phone number and all I keep getting calls from different financial planners which means the numbers are going to marketers or fraudsters from you..and you need all the data just to confirm you need people who can save more than 1 lakh ..why can't you tell us before without wasting our time.
