How has ULIP Grown Over the Last 3 Years?
Close
Close

Buy a Life Insurance Plan in a few clicks

Now you can buy life insurance plan online.

Kotak e-Term Plan

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

Close

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.

Kotak e-Invest

How has ULIP Grown Over the Last 3 years?

ULIP in 3 years has shown some promising progress. ULIP's 3-year growth has the potential to generate better returns than any other financial investment scheme due to its equity edge.

  • Apr 26, 2022
  • 3,248 Views

Unit-linked insurance plan is a unique financial product that offers both life insurance and investment opportunities in a single product. The premium paid for ULIP is split into two parts: one covers your life insurance, and the other goes into different fund options like equity, debt and balanced.

For individuals who desire to invest for a longer length of time, ULIPs are more favourable. The earnings on ULIPs are quite appealing to those who are saving for their children’s further education, a payment on a property, generating capital investment for their company plan, or retirement. In addition, ULIPs provide financial security for the future and make it easier to accumulate money and assets.

ULIP in 3 years have shown some promising progress, and we’ll tell you all about it in this article.

  • Compounding Benefit Linked with ULIP 3-Year Growth

Each ULIP has a mandatory 5-year term, during which you must invest for at least five years. This instils the habit of saving regularly and assures that you, as an investor, are in it for the long term rather than simply for the short term. This technique also allows you to profit from power of compounding, which has risen in the previous three years. The interest received on principle is re-invested each year to produce extra revenue. You might expect large wealth creation if you stay invested for 10 to 15 years. Given their cost-effective structure, some of the finest ULIPs have provided 12 to 15% returns on average over the previous five years.

  • Better Returns Beating Inflation and Other Investment Tools

ULIP 3-year growth has the potential to generate better returns than any other financial investment scheme due to its equity edge. The premiums you pay are invested in various asset types through different funds in ULIPs. Tax-saving funds have historically generated double-digit returns, but you’ll have to look for a new fund every year if you’re just investing once. ULIP renewals swiftly take care of tax saving benefits.

The amount you receive at maturity is determined by the stock market’s performance throughout the term. On the other hand, endowment plans are set up to pay out a lump sum after a specified length of time. Even though such restrictions protect capital, earnings do not beat inflation.

  • Easy Fund Availability

Life is full of unexpected events. However, not everyone has ample liquid assets, and disposing long-term assets impact the market portfolio, to say nothing of the tax and other fees. Therefore, when it pertains to partial withdrawals from collected funds after the lock-in period, ULIP is a lifesaver, as demonstrated by ULIP in 3 years of growth.

The previous few years have been difficult but having your money in order makes dealing with unfavorable financial conditions simpler. In this instance, ULIP in 3 years has proven their value and become one of the most valuable financial tools that help you beat inflation and take advantage of compounding.

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

Kotak e-Invest

Download Brochure

Features

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

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

T&C

- A Consumer Education Initiative series by Kotak Life

Similar Articles

What are the Maturity Benefits in a ULIP Plan: Fund Value Sum Assured or Only Fund Value?

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

What is the difference between Life Insurance and ULIP?

What are ULIPs and their Types?

What are the Benefits of ULIP - Explained

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

5 Common ULIP Myths That You Should Stop Believing

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

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

What is a Defined Benefit Plan and How it Works?

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

Retirement planning with a systematic life insurance plan

यूलिप के 8 शुल्क

How Does NPS Work?

Saving for approaching retirement with retirement insurance

How Safe is it to Invest in ULIP plans?

Is ULIP A Good Investment Option?

The Significance of Number 8,000 in Retirement Planning

Benefits of Early Retirement Planning in India

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

A Quick Guide to Retirement Plans

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

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

What is Lock-In Period in ULIPs?

Retirement Planning for Millennials

What are the Uses of ULIP?

What are the Instruments Available for Building a Retirement Corpus?

How should one decide on fund allocation within NPS?

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

What are the Differences Between ELSS ULIP and Mutual Funds?

Terminologies You Should Understand About Retirement Plans

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

Do Pension Plans Allow any Death Benefits?

Is It Worth Buying ULIP Plans For 10 Years?

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

Types of Retirement Plans

How Much Corpus Does One Need for Retirement?

What are the Rules for Exit From NPS?

Different Types of Retirement Schemes

What Happens to ULIP Premiums Paid if the Market Crashes?

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

Why You Should Invest In An Annuity Plan?

Top 4 Myths About ULIP Investments You Should Know

What is ULIP and Its Benefits?

How Can I Achieve My Wealth Goal with ULIP Investment?

Do ULIPs Give Good Returns On Investments?

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

A Beginner's Guide to Understanding 401k Retirement Plan

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

Is the ULIP Policy Surrender Value Taxable?

8 Charges in ULIP That You Must Know

Ten Signs That You're Ready to Retire

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

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

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

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

7 Secrets that can Make Your Post-Retirement Phase Prosperous

What is a Retirement Plan - What are its Features?

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

Why ULIP Should Be a Part of Your Investment Portfolio?

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

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

Importance of financial Planning for Retirement

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

What tax benefits are there on saving for retirement?

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

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

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

Is ULIP a Good Option for People Above 60?

What are the Advantages and Disadvantages of ULIP?

Inflation: A Key Factor to Consider into Retirement Planning

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

Tips to invest your voluntary retirement scheme money

Can I Surrender My ULIP Policy after 2 Years?

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

Long Term Investment Guide for Your Retirement

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

Which Is Better: ULIP or SIP?

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

ULIP Plan or Traditional Insurance Plans - Which is better?

How Do Annuity Options Work In NPS

Un-Retirement - Are You Ready For It?

How To Keep Your Retirement Accounts from Being Hacked?

Calculating a Retirement Corpus that can Support Your Lifestyle

Types of Pension Plans for Your Retirement

यूलिप के फायदे (Benefits of ULIP in Hindi)

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

How Does Pension Plans in India Works?

What Are Mortality Charges In ULIP?

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

How Does ULIP Work in India?

Meaning of Sum Assured in a ULIP

Benefits Of Retirement & How Investments Can Help You Enjoy Them

Why Should You Invest in NPS?

Know Why You Should Stay Invested in Your ULIP Plan

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

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

Retirement Planning Guide for Working Men and Women

Top 6 Reasons Why You Should Get A Pension Plan

Which Pension Plan Suits You best?

What is Partial Withdrawal in ULIPs?

How To Make Most of Your Money After Retirement?

What are the Charges Levied on ULIP?

Pros and Cons of Retirement Annuities

5 Notable Investment Options for Retirees

ELSS vs ULIP: Which is a Better Investment?

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

What Are Superannuation Benefits?

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

At What Age Should You Start Your Retirement Planning?

Top 4 Mistakes To Avoid While Planning For Your Retirement

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

Best Insurance Plans for a Guaranteed Monthly Income After Retirement!

FAQs on Taxation of ULIPs

Save Early to Keep Living Your Dreams Post Retirement

Important Questions To Ask Yourself Before Choosing A Good Retirement Plan

Top Investment Options for Retirement Planning

NPS for Housewife

Give Your Retirement Savings A Booster-Shot with Annuities

Advantages of Pension Schemes and Retirement Plans

5 Reasons to Buy ULIP for a Secured Financial Future

How Has NPS Performed in Comparison with Other Instruments?

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

Top 6 Flexible Benefits That ULIPs Offer

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

What is NAV in ULIP, and How is it calculated?

Importance of Retirement Planning

5 Steps to Gift a Smart Retirement Plan to Your Parents

How to Win at Retirement Savings?

What is the Minimum Lock-in Period for ULIP?

Invest for your second innings with a guaranteed savings plan

How To Choose The Right Pension Plan?

Are Annuities Great For Early Retirement?

Benefits of Early Retirement Plans

Demystifying the Retirement Planning Process

Different Types of ULIP Investments in India

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

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

Retirement Planning at 50? You Are Still Good to Go

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

What is Fund Value in ULIP?

How can NPS help you save tax?

Understanding Annuity Plans

Retirement: A New Start to Life!

Is ULIP a Complex Financial Product?

Is ULIP Better Than FD?

Can NRIs Invest in ULIP Plans Offered in India?

What Are Retirement Pension Plans?

What are the things to consider before buying ULIPs?