Buy a Life Insurance Plan in a few clicks

Now you can buy life insurance plan online.

Kotak e-Term

Protect Your family’s financial future with Kotak e-Term. Know more

Kotak Assured Savings Plan

A plan that offer guaranteed returns and financial protection for your family. Know more

Kotak Guaranteed Savings Plan

A plan that offers long term savings and insurance in one premium. Know more

Kotak e-Invest

Insurance and investment in one plan with Kotak e-Invest. Know more

Kotak Lifetime Income Plan

Retirement years are the golden years of life. Know more


Get a Call

Enter your contact details below and we will get in touch with you at the earliest.

  • Select your Query

Thank you

Our representative will get in touch with you at the earliest.

How Can I Achieve My Wealth Goal with ULIP Investment?

The ULIP premium is invested in the funds you choose, providing you with the chance to earn market-linked returns over time as the ULIP plan returns to achieve your financial goals.

  • Mar 25, 2022

​Making a plan for your life goals is empowering; it is a part of life that drives us to keep working hard and taking steps toward our dreams.

Since we place such a high value on personal objectives, it’s natural to wonder about meeting financial goals in your life. Your wealth goals must alter as you go in life, whether you are just starting or an experienced investor.

Keeping up to speed with financial instruments can be the first step in meeting your financial goals. ULIP can be one of the versatile instruments that can help you achieve your financial goals over long-term.

ULIP Plan Meaning

ULIP stands for Unit Linked Insurance Plan, a type of investment that offers two main advantages. The first is the benefit of investing in market-related funds such as equities and debt funds connected to the stock market. The second advantage is the protection provided by the insurance component.

The premium is invested in the funds you choose, providing you with the chance to earn market-linked returns over time as the ULIP plan returns.

4 Ways ULIPs Can Help Achieve Your Wealth Goals

  • Build the Virtue of Saving

ULIPs assist in fostering the habit of saving, which is critical in promoting wealth building. ULIP funds have a mandatory five-year lock-in period, even for short-term investments. This instils the habit of saving money from a young age. You will be charged specific ULIP plan fees if you remove the money before the timeframe.

  • Market Fund Allocation

Depending on your risk profile and wealth goals, you may choose to go with equities, debt, and balanced funds. If you want to develop a substantial portfolio, you can invest entirely in equity funds through ULIPs, which are known to provide high long-term returns. This will smooth out the effect of short market fluctuations on ULIP plan returns. When the market goes down, your investment will yield more units, and when the market is up, the same investment will yield fewer fund units. The cost levels out over time, giving you steady profits.

  • Compounding Advantages

Compounding refers to generating a return on an original investment that is more than the interest rate, in this case, on ULIP plan returns. Long-term investments are required to reap its rewards. It’s because, as the returns pile up and become the principal, the overall returns in subsequent years of investing grow exponentially. Therefore, if you seek a long-term investment opportunity, go no further and begin your search for the best ULIP funds in India.

  • ULIP Tax Benefits

ULIP investments might help you save taxes. Under Section 80C and Section 10 (10D) of the Indian Income Tax Act, 1961, the premiums and the ULIP plan returns are tax-free owing to ULIP tax benefits. However, with the announcement of the Budget 2021, the maturity profits of ULIPs will be taxed in certain circumstances. The maturity benefit will be classified as Long Term Capital Gains (LTCG) and taxed appropriately if the total premium paid throughout the year exceeds ₹2.5 lakhs.

To summaries, it is no secret that ULIPs sounds like a great option when it comes to selecting a financial tool to assist you with your wealth goals; therefore, it is recommended that you carefully consider your goals and choose from the best ULIP funds in India that prove to be the most beneficial for you.

In this policy, the investment risk in the investment portfolio is borne by the policyholder.

Kotak e-Invest

Download Brochure


  • Return of Mortality Charges*$
  • Enhanced Protection
  • Multiple Plan Options
  • Zero Premium Allocation Charges
  • Tax Savings^

Ref. No. KLI/22-23/E-BB/521


- A Consumer Education Initiative series by Kotak Life

Similar Articles

Retirement Planning at 50? You Are Still Good to Go

ULIP: Can You Surrender ULIPs or Withdraw Money from It?

10 Steps to Figure Out How Much Money You Will Need For Your Post Retirement Plans

What is the difference between Life Insurance and ULIP?

Is it Advisable to Withdraw the ULIP Insurance Policy After 5 Years?

Importance of financial Planning for Retirement

What are the 4 Financial Phases of Retirement? How to Budget For Each One?

5 Reasons Why ULIP Plans are One of The Best Retirement Planning Instruments

Different Types of ULIP Investments in India

What are the Instruments Available for Building a Retirement Corpus?

Benefits of Early Retirement Plans

Retirement planning with a systematic life insurance plan

What is Partial Withdrawal in ULIPs?

Can I Surrender My ULIP Policy after 2 Years?

What is Premium Redirection in ULIPs Plans | ULIP Insurance Plans | Kotak Life Insurance

What are the minimum and maximum investment in ULIP? Would the Whole Amount Insured in The ULIP Insurance be Invested in the Market?

Saving for approaching retirement with retirement insurance

Does Having Both ULIP Plan and Other Health Insurance Plan Make Sense?

How can NPS help you save tax?

Save Early to Keep Living Your Dreams Post Retirement

Important Questions To Ask Yourself Before Choosing A Good Retirement Plan

Un-Retirement - Are You Ready For It?

Benefits Of Retirement & How Investments Can Help You Enjoy Them

Inflation: A Key Factor to Consider into Retirement Planning

A Beginner's Guide to Understanding 401k Retirement Plan

What are ULIPs and their Types?

Top 6 Flexible Benefits That ULIPs Offer

Who Gets the Benefit After the Maturity of ULIP: The Proposer or The Life Insured?

यूलिप में 8 शुल्क जो आपको अवश्य जानना चाहिए

Getting Close to Retirement? Six Key Retirement Planning Tips That Can Help You Retire

Is It Worth Buying ULIP Plans For 10 Years?

How Quickly is Fund Switch Effected in ULIPs? Is it Done the Same Day or After a Particular Number of Days?

How Does Pension Plans in India Works?

Why Should Retirement Planning Be on Top of Your Priority List?

What is the Death Claim Payable in the Case of ULIP?

What Happens to ULIP Premiums Paid if the Market Crashes?

What are the Benefits of ULIP - Explained

What are the Charges Levied on ULIP?

Benefits of Early Retirement Planning in India

How Much Corpus Does One Need for Retirement?

How To Choose The Right Pension Plan?

Top 4 Mistakes To Avoid While Planning For Your Retirement

Meaning of Sum Assured in a ULIP

Is it possible to live a financially independent life, even after you retire?

Best Insurance Plans for a Guaranteed Monthly Income After Retirement!

What is the Minimum Lock-in Period for ULIP?

Retirement Planning - How To Calculate Your Retirement Premium in India?

EPF Grievance Management: All You Need to Know

Calculating a Retirement Corpus that can Support Your Lifestyle

5 Common ULIP Myths That You Should Stop Believing

यूलिप और उनके प्रकार क्या हैं?

Demystifying the Retirement Planning Process

What Are Retirement Pension Plans?

How To Keep Your Retirement Accounts from Being Hacked?

Retirement Planning Guide for Working Men and Women

Are Annuities Great For Early Retirement?

Is ULIP a Complex Financial Product?

Retirement Planning for Millennials

Retirement Planning Guide: These 5 Steps Will Help You Towards a Safe, Secure and Fun Retirement

Are You Planning an Early Retirement? Here's Why Buying Annuity Plan Will Make Sense

How Does ULIP Work in India?

Retirement: A New Start to Life!

Do ULIPs Give Good Returns On Investments?

What is an Annuity Plan, and How Does Annuity Plan Work?

Invest for your second innings with a guaranteed savings plan

What is the Difference Between EPF, VPF, and PPF? What are Their Tax Benefits?

What is the Estimated Return Percentage on ULIP? Do Investors Get Compound Interest?

Give Your Retirement Savings A Booster-Shot with Annuities

Top 4 Myths About ULIP Investments You Should Know

What are the Uses of ULIP?

FAQs on Taxation of ULIPs

ULIPs or Pension Plans – Which is a Better Retirement Plan?

Annuity Plan | How to Choose the Right Annuity Plan | Kotak Life

7 Secrets that can Make Your Post-Retirement Phase Prosperous

What are Fixed Maturity Plans and Why Should I Invest in Them?

What To Do With Your Retirement Accounts During An Employment Lapse?

What tax benefits are there on saving for retirement?

What Are Mortality Charges In ULIP?

Importance of Retirement Planning

How has ULIP Grown Over the Last 3 years?

How to Maximize Your Retirement Savings with a Pension Scheme in India

How should one decide on fund allocation within NPS?

A Quick Guide to Retirement Plans

Is ULIP Better Than FD?

Here's What Retirement Would Look Like 30 Years From Now

Looking for Ways to Earn Lifetime Income in Retirement? Here Are 6 of the Top Options

Understanding Annuity Plans

Retirement and Pension Plans in India- What are Your Options?

How Safe is it to Invest in ULIP plans?

How Has NPS Performed in Comparison with Other Instruments?

What are the things to consider before buying ULIPs?

Know Why You Should Stay Invested in Your ULIP Plan

Different Types of Retirement Schemes

5 Steps to Gift a Smart Retirement Plan to Your Parents

10 Steps to Figure Out How Much Money You Will Need After You Retire

What are the Differences Between ELSS ULIP and Mutual Funds?

Ten Signs That You're Ready to Retire

Tips to invest your voluntary retirement scheme money

What is Lock-In Period in ULIPs?

Difference Between Unit-Linked Insurance Plans and Non-Linked Plans

Which Pension Plan Suits You best?

Why ULIP Should Be a Part of Your Investment Portfolio?

What Are Superannuation Benefits?

Top Investment Options for Retirement Planning

What is Fund Value in ULIP?

How Do Annuity Options Work In NPS

At What Age Should You Start Your Retirement Planning?

What are the Chances of Losing all my Money in ULIP and How Much Return Should I Expect?

NPS for Housewife

5 Reasons to Buy ULIP for a Secured Financial Future

How to Win at Retirement Savings?

What are the Rules for Exit From NPS?

Long Term Investment Guide for Your Retirement

6 Signs That You Are Not Financially Ready For An Early Retirement

Types of Retirement Plans

Worried About Running Out of Money in Retirement? 4 Tips to Avoid This Crisis

The Significance of Number 8,000 in Retirement Planning

ULIP Plan or Traditional Insurance Plans - Which is better?

What is a Defined Benefit Plan and How it Works?

Retirement Planning: Use our Retirement Calculator to Plan Ahead

How to Build a Tax-Free Pension Income for Retirement?

5 Retirement Planning Tips for a Financially Controlled Post-Employment Life

What Happens If I Stop Paying My ULIP Policy Premium After Paying the First Premium? Will I Still Get The Return?

Why Should You start Retirement Planning as soon as you start a job?

Single Premium ULIP or a PPF - Which One is Better?

ULIP Tax Benefits: यहां निवेश करने पर मिलते हैं 5 बड़े फायदे

How To Make Most of Your Money After Retirement?

Which Is Better: ULIP or SIP?

How Can ULIPs Help You Plan for Your Child's Future?

Is ULIP A Good Investment Option?

Top 6 Reasons Why You Should Get A Pension Plan

ELSS vs ULIP: Which is a Better Investment?

Terminologies You Should Understand About Retirement Plans

Why You Should Invest In An Annuity Plan?

Types of Pension Plans for Your Retirement

Advantages of Pension Schemes and Retirement Plans

How To Calculate The Present Value And Future Value Of Annuities?

What is a Retirement Plan - What are its Features?

Is ULIP a Good Option for People Above 60?

5 Notable Investment Options for Retirees

How Does NPS Work?

Pros and Cons of Retirement Annuities

Is it Suggestible to Take a ULIP Plan Linked with a Term Plan?

Do Pension Plans Allow any Death Benefits?

Types of Annuity Plan | Annuity Definition - Meaning & Key Benefits

Why Should You Invest in NPS?

Can NRIs Invest in ULIP Plans Offered in India?