Where is my money invested in a ULIP?

  • Wealth With Protection Articles - ULIP Articles

Unit Linked Insurance Plans (ULIPs) have succeeded in bringing together the features of two important products - life insurance and investments - and merge them in one single solution. This way, instead of monitoring and managing two different products, you can meet your requirements with one single solution.

What are ULIPs?

ULIPs are insurance plans that come with a market linked investment component. In this type of plan, a part of your premium is used for providing life cover. The rest of the amount is invested in market linked options like mutual funds, which give you returns.

ULIPs allow you to customize your investment by choosing the fund in which you want your money to be invested in. The returns you get depend on the performance of the fund you have selected. Moreover, most ULIPs allow you to switch funds from time to time, according to your needs.

Where is your money invested?

ULIPs typically invest in different types of funds. Below is a list of types of ULIP funds:

Equity Mutual Funds

These types of ULIP funds invest primarily in shares of companies listed on the stock exchange. These funds are suitable for you if you have a high risk appetite and want to earn high returns over a longer period of time.

Debt Mutual Funds

These types of ULIP funds invest in bonds issued by the government or private companies. Debt funds are usually considered low risk products that can provide stable returns. However, when compared to aggressive options like equity mutual funds, they may provide lesser returns over the long term. You can choose this kind of fund if you have a low risk appetite and prefer stability over returns.

Balanced Mutual Funds

Balanced funds invest in a mix of equity and debt options. They aim to combine the returns and stability aspect of equity and debt respectively. These funds are suitable for you if you have a moderate risk profile.

The returns you get on the various types of ULIPs depends on the type of funds you select. While making this selection, keep different factors like your risk profile, age, income, etc. in mind. This will ensure that your investments and returns are as per your needs. When selected appropriately, the different types of ULIPs can not only protect you financially, but also provide good returns.

Trending Articles

Popular Articles
View All

ULIP Products

ABSLI Wealth Aspire Plan

This plan helps you accumulate substantial financial corpus and secure the financial future of your loved ones. UIN:109L100V05

  • Choose from 4 investment options
  • Flexibility to add top-ups
  • Tax Benefits1

ABSLI Wealth Secure Plan

This plan combines long term savings and whole life coverage so that you attain your goals with every life stage. UIN: 109L074V05

  • Choice of 3 investment options
  • Flexibility to add top-ups
  • Life cover for whole life

ABSLI Wealth Assure Plus Plan

It enables your wealth to grow with good returns from MNC fund, providing a secured financial future to achieve your life goals at different stages. UIN: 109L120V02

  • Choice of 2 plan options
  • Choice of 4 investment options
  • Flexibility to add top-ups

ABSLI Fortune Elite Plan

This plan provides insurance cover and opportunity of wealth preservation & enhancement, while you enjoy the lifestyle you have worked hard to attain.UIN:109L090V04

  • Choice of 4 investment options
  • Flexibility of partial withdrawals
  • Flexibility to add top-ups

ABSLI Wealth Max Plan

A single premium ULIP , which provides financial protection for your family and also gives you good returns. UIN: 109L073V05

  • Flexibility of partial withdrawals
  • Flexibility to add top-ups
  • Pay once and enjoy financial growth

ABSLI Wealth Infinia

A market-linked savings plan that returns policy charges and helps you build a legacy fund UIN: 109L129V01

  • Choice of 5 Investment Strategies and 16 Funds
  • Wealth Boosters and Loyalty Additions
  • Return of Premium Allocation Charge & Mortality Charge

Need help with life insurance?

+91
I agree to the Terms of Usage and Privacy Policy and authorize Aditya Birla Sun Life Insurance Company Limited and its associates to call/SMS/Email/WhatsApp me.

Thank you for your details. We will reach out to you shortly.

1800-270-7000 or reach out to us on this number.

Thank you for your details. Currently we are facing issue in our system.

1800-270-7000 or reach out to us on this number.