Aditya Birla Sun Life Insurance Company Limited

ABSLI Group Capital Growth Plan

Secure Your Employees’ Future with ABSLI Group Capital Growth Plan A flexible group solution to manage superannuation, gratuity, leave encashment, PRMS and benevolence fund schemes. Empower your organisation with market-linked growth, capital protection, and smart investment choices

ABSLI Group Capital Growth Plan Benefits At a Glance

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Market-Linked Growth
Access a variety of debt and hybrid funds. Choose your risk profile, and optimise returns for your employees’ future.

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Capital Protection Option
With the Group Capital Protection Fund, you can choose a capital guarantee, ensuring that 100.1% of net contributions are returned after a 2-year waiting period.

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Extra Allocations & Fund Additions
Get extra allocations on first-year contributions and enjoy annual additional units based on your fund size, helping your employee benefit corpus grow faster.

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Easy Administration & Adaptability
Top up your funding as needed, switch funds with zero charges, and manage your group’s changing needs effortlessly.

Plan Options

Option A – Market Linked:

  • Invests in market linked funds without a capital guarantee.
  • Choose from 9 funds based on risk appetite. 

Option B – Market Linked with Guaranteed Benefits:

  • Provides a guarantee of 100.1% of net contributions after a waiting period of 2 years.
  • Net contribution is tracked individually for each deposit, excluding benefit payments and mortality charges.

Parameters

Minimum

Maximum

Age at Entry (last birthday)

18 years

75 years

Policy Term

1 year (Annually renewable)

The policy will continue indefinitely on an annually renewable basis until the master policyholder surrenders the policy or the membership term of existing members expires, with no new members being added

Premium Payment Term

Single Pay

There is no regular premium obligation; premiums will depend on the scheme's funding requirements.

Premium

Defined Benefit Schemes: Rs. 1,00,000 per policy

Defined Contribution Schemes:

Rs. 500 per member and Rs.

1,00,000 per policy

No Limit

Sum Assured per Scheme Member

Non-Superannuation Schemes – Rs. 10,000

Non-Superannuation Schemes – Rs. 10,000

Superannuation Schemes - NIL

Superannuation Schemes - NIL

Age at Maturity (last birthday)

19 years

85 years

Group Size

10 members

No Limit

Frequently Asked Questions

Superannuation, gratuity, leave encashment, PRMS, and other benevolence schemes.

You may choose from a range of funds based on your risk appetite, or select the capital protection option for guaranteed# returns.

Fund management charge: 1% per annum (may increase to 1.35% with IRDAI approval). Capital protection charge: 0.15% p.a. (if you opt for guaranteed# benefit). Mortality Charge of Rs. 0.60 per 1000 sum assured. Surrender charges as applicable.

Yes, unlimited fund switches and premium redirections are allowed within different funds under the selected option.

Employers and employees may enjoy tax benefits* as per prevailing tax laws.

*Tax benefits are subject to changes in tax laws. Kindly consult your financial advisor for more details
# As long as all due premiums are paid
ABSLI Group Capital Growth Plan - This policy is underwritten by Aditya Birla Sun Life Insurance Company Limited (ABSLI). This is a non-participating group unit linked plan. UIN - 109L152V01

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