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ULIPs Plan

What are the different options of investment in a ULIP plan?
You have the options to invest in Equity or Debt instruments or a combination of both.

What are the fund options available in ULIP plan?
There are three fund options available - Growth, Balanced & Debt.

What is my allocation charge and for how many years do I have to pay?
Allocation charges depend on the product and insurance company. Typically, for first three years only, customers have to pay allocation charges.
Do you have rider benefits in ULIP?
Yes.

Can I switch over my funds when the market condition is not good?
Yes. The option of switching over your funds is available.

What are mortality charges?
Since ULIPs are investment cm insurance plans, there is a small portion of the unit allotted to insurance plan every year.

10 reasons for buying life insurance?

•Life insurance if planned appropriately will provide funds on premature death to deal with debts, mortgages, and living expenses.

•It offers protection to the family left behind and serves as a cash resource

•It secures hard earned estate on death by providing tax free cash which can be utilized to pay estate and death duties and to tide over business and personal expenses.

•Life insurance can have a savings or pension component provision during retirement.

•Some policies have riders like coverage of critical illness or term insurance for the children or spouse.
•There are certain rules regarding eligibility for riders which you will need to determine clearly.

•Having a valid insurance policy is considered as financial asset which improves credit rating when in need of health insurance or a home loan or business loan.

•In case of bankruptcy, the cash value as well as death benefits of an insurance policy is exempt from creditors.

•Life insurance can be planned such that it will cover even your funeral expenses.

•Insurance protects businesses from financial loss or any liabilities in case the business partner dies.

•It can contribute towards maintaining a family’s life style when one contributing partner suddenly dies.

ULIP Plan

ULIP stands for Unit Linked Investment Plan. This is life insurance coverage clubbed with investments in market linked instruments – Debt and Equity markets. Thus there is a twin benefit of getting insured and also getting returns on investments. But there is a catch; the policyholder has to bear the risks related to stock markets.

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Family Term Policy

Term insurance is a very straightforward and simple policy that offers a pure risk cover i.e. the insured amount will be paid only if the policy holder dies or becomes terminally ill during the policy period.

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Your Financial World Trust the professional to help find the best financial products, keep a track of all your money, and help you get more with your money.

Child Saving Plan Policy

A child plan is basically a saving tool which helps in meeting your child’s needs in the future. With rising cost of education, establishing a professional career or even a simple wedding, a comprehensive child plan can help you save early to reap benefits later.
Education|Wedding|Career|Business|Professional.

What is the Pension & Retirement investment

Retirement & Pension investment help you plan for the retirement. Here the customer receive a regular pension post his retirement age. These are pure retirement plans where insurance cover will not be available. Customer has the option of choosing his pension age.

Mutual Fund Investment
Health Well Secure
Save Money Save Life

A Mutual Fund in India is an entity that pools the money of several investors with similar interest (investing in the best mutual funds) to buy into different securities ranging from Shares, Debt Markets to Money Market Securities as well. These securities are professionally managed on behalf of the unit-holders and each investor holds a pro-rata share of the portfolio, i.e. entitled to any profits when the securities are sold, but subject to any losses in value as well.

Make your Mutual Fund Investments simpler with the best mutual fund interest rates at Bajaj Finserv.

Mutual Fund Benefits

Currently the most sought after investment vehicle, Mutual Funds are a great way to start small and make it big with the help of constant expert advice available to you. Read on to know more about the benefits of Mutual Funds with Bajaj Finserv:

Small investments

With Mutual Fund investments, your money can be divided into smaller parts across different companies. This way, you reap the benefits of a diversified portfolio with small investments

Professionally managed

The pool of money collected by a Mutual Fund is managed by professionals who possess considerable expertise, resources and experience. Through analysis of markets and economy, they help pick favorable investment opportunities

Diversification

A Mutual Fund usually divides the money in companies across a wide spectrum of industries. This not only diversifies the risk, but also helps take advantage of the position it holds

Transparency and interactivity

Mutual Funds clearly present their investment strategy to investors and regularly provide them with information on the value of their investments. Also, a complete portfolio disclosure of the investments made by various schemes along with the proportion invested in each asset type is provided

Liquidity

Mutual Funds are usually liquid investments. Unless they have a pre-specified lock-in period, your money is available to you anytime you want subject to exit load, if any

Low transaction cost

Due to economies of scale, Mutual Funds pay lower transaction costs. The benefits are passed on to Mutual Fund investors, which may not be enjoyed by an individual who enters the market directly.

Regulations

All the mutual funds are registered with SEBI. They function within the provisions of strict regulation created to protect the interests of the investor

Types of Mutual Funds

Based on your goals and your investment horizon, Mutual Funds give you the option to invest your money across various asset classes like equity, debt and gold. This allows you to diversify your investments and strive to reduce your portfolio risk.

The different types of Mutual Funds are as follows:

Equity Funds/Growth Funds

Funds that invest in equity shares are called equity funds. They carry the principal objective of capital appreciation of the investment over a medium to long-term investment horizon. Equity Funds are high risk funds and their returns are linked to the stock markets. They are best suited for investors who are seeking long term growth. There are different types of equity funds such as Diversified funds, Sector specific funds and Index based funds.

Diversified Funds

These funds provide you the benefit of diversification by investing in companies spread across sectors and market capitalization. They are generally meant for investors who seek exposure across the market and do not want to be restricted to any particular sector.

Sector Funds

These funds invest primarily in equity shares of companies in a particular business sector or industry. While these funds may yield higher returns, they are riskier as compared to diversified funds. Investors need to keep a watch on the performance of those sectors/industries and must exit at an appropriate time.

Index Funds

These funds invest in the same pattern as popular stock market indices like CNX Nifty Index and S&P BSE Sensex. The value of the index fund varies in proportion to the benchmark index. The Net Asset Value (NAV) of such schemes rise and fall in accordance with the rise and fall in the index. This would vary with the benchmark owing to a factor known as “tracking error”.

Tax Saving Funds

These funds offer tax benefits to investors under the Income Tax Act, 1961. Opportunities provided under this scheme are in the form of tax rebates under section 80 C of the Income Tax Act, 1961. They are best suited for long-term investors seeking tax rebate and looking for long term growth.

Debt Fund / Fixed Income Funds

These Funds invest predominantly in rated debt/fixed income securities like corporate bonds, debentures, government securities, commercial papers and other money market instruments. They are best suited for the medium to long-term investors who are averse to risk and seeking regular and steady income. These are less risky as compared to equity funds.

Liquid Funds / Money Market Funds

These funds invest in highly liquid money market instruments and provide easy liquidity. The period of investment in these funds could be as short as a day. They are ideal for Corporates, institutional investors and business houses who invest their funds for very short periods of time.

Gilt Funds

These funds invest in Central and State Government securities and are best suited for the medium to long-term investors who are averse to risk. Government securities have no default risk.

Balanced Funds

These funds invest both in equity shares and debt (fixed income) instruments and strive to provide both growth and regular income. They are ideal for medium to long-term investors willing to take moderate risks.

Health Insurance

Insurance Cover for You, Your Spouse, Children and Parents on floater Sum Insured Basis
The policy covers hospitalization expenses for you, that too without any Sub-Limit on room rent
Pre and post hospitalization expenses covers relevant medical expenses incurred 60 days prior to and 90 days after hospitalization.
Covers ambulance charges in an emergency subject to a limit of Rs 1000 per hospitalisation.
No medical tests are required up to 45 years, subject to clean proposal form
130 daycare procedures are covered subject to terms and conditions
Option to opt for the voluntary deductibles to save on premium
Renewal Benefits:
We will also provide you 10% cumulative bonus benefit for each claim free year, maximum up to 50% cumulative bonus would be passed if continuously renewed with us.
At the end of block of every continuous 4 claim free years, you are eligible for free medical checkup at our empanelled Diagnostic Centre.

Before Die Just Save Your Family.
Get Term Plan•Health Insurance •
Accidental With Return Back Monthly Income•
3 Type Of Policy Must Required•
More Info Call Today 70155-61617

STOCKS & COMMODITIES

Can I add another person to my Demat account?

Yes, Demat accounts can be held by multiple people and also by companies and partnership firms. Thus, if you would like to have more than one person on a Demat account, you have to do so at the time of account opening. Once an account is already open, you cannot add another person to it. Your only alternative is to open another demat account.

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