ABSLI Group Assured Pension Plan

Fund Options

Group Fixed Interest Fund

This fund option with full exposure in debt market instrument, aims to achieve value creation at low risk over a long-term horizon by investing into high quality fixed interest securities.

Group Bond Fund

This Fund Option aims to achieve capital preservation along with stable returns by investing in corporate bonds over medium-term period.

Group Gilt Fund

This Fund Option aims to deliver safe and consistent returns over a long-term period by investing in Government Securities for capital preservation of the Policyholder.

Group Money Market Fund

The primary objective of this BSLI Fund Option is to provide reasonable returns, at a high level of safety and liquidity for capital conservation for the Policyholder.

Group Secure Fund

This Fund Option helps build your capital and generate better returns at moderate level of risk, over a medium or long-term period through a balance of investment in equity and debt.

Group Stable Fund

This Fund Option helps you grow your capital through enhanced returns over a medium to long term period through investments in equity and debt instruments, thereby providing a good balance between risk and return

Group Growth Advantage Fund

The objective of the fund is to provide blend of fixed return by investing in debt & money market instruments and capital appreciation by predominantly investing in equities of fundamentally strong and large blue-chip companies.

Group Short Term Debt Fund

This fund option helps to provide capital preservation at a high level of safety & liquidity through judicious investments in high quality short-term debt instruments.

Group Growth Fund

The objective is to achieve optimum balance between growth and stability to provide long-term capital appreciation with balanced level of risk by investing in fixed income securities and high quality equity security

Benefits:

1) ABSLI Group Capital Assured Traditional Plan-Gratuity Option.

Insured Event	Benefits Payable
Exits as per Scheme rules	The employee receives the Gratuity benefit as per the scheme rules
Death Due to any cause	The nominee of the employee receives the Gratuity benefit as per the scheme rules+ Sum Assured

Please read the product brochure for more information

2) ABSLI Group Capital Assured Plan – Superannuation scheme

Superannuation plan has two variants depending on whether ultimate benefits (i.e. pension benefits) are pre defined or not:

• Defined Benefit (DB) Superannuation Plan The amount of pension (or annuity) that the employee will get is predefined. The tenure of this annuity (i.e. fixed term or until death) is also predefined in the scheme rules. Any additional benefits (like commutation of partial corpus etc.) are also predefined. With the end benefits in perspective, an actuarial valuation is carried out every year to determine the Annual Contributions

• Defined Contribution (DC) Superannuation Plan The amount of contribution is pre-defined in the Scheme rules without any explicit link with the amount of benefit. These contributions are accumulated (along with any earning thereon) and are paid as per scheme rules upon separation of the employee.

In case of a DC scheme, the policy holder may specify the number of Member Accounts that are required to be maintained in the policy. The contributions and interest shall be credited to respective Member Account separately.

Please read the product brochure for more information

3) ABSLI Group Capital Assured Plan – Leave Encashment scheme

Following benefits are payable within provisions of ABSLI Group Capital Assured Traditional Plan-Leave Encashment Option.

Insured Event	Benefits Payable
Exits as per Scheme rules	The employee receives Accrued Leave Encashment benefit as per scheme rules of the employer
Death Due to any cause	The nominee of employee receives Accrued Leave Encashment benefit as per scheme rules of the employer + Sum Assured

Please read the product brochure for more information

4) Tax Benefits

As per prevailing tax regulations in India.

Eligibility:

Minimum Group Size	10 Members
Minimum Sum Assured	Nil Sum assured for Superannuation Schemes Rs 10000 per member for other schemes
Minimum Age at Entry	18 years (age last birthday)
Maximum Age at Entry	As per scheme rules / 70 years (age last birthday)
Maximum Age at Maturity	As per scheme rules / 75 years (age last birthday)
Minimum Contribution	Initial Contribution – Rs.50,000; Subsequent Contribution – Rs.5,000
Minimum Premium	Corresponding to minimum sum assured
Minimum Policy Term	One Year (Annually Renewable)
Maximum Policy Term	Annually renewable. Policy to continue indefinitely until it’s surrender, or expiry of membership term of existing members and there are no new members

KNOW YOUR FUNDS

With Aditya Birla Sun Life Insurance Assured Pension (DB) Plan, you can invest in a mix of equity and debt funds of your choice. Moreover, you can track your fund’s performance, know their NAVs, and do much more by simply.