ULIP Calculator

1.Can I purchase a ULIP offline after using the online ULIP calculator?
Yes, you can use the online ULIP calculator for computing the returns even if you buy the policy offline. It makes calculation of returns faster, easier, and more accurate.

2.Are ULIPs a good investment?
A ULIP can be a suitable investment option if you are investing in it based on your risk appetite and your investment goals. However, ULIPs carry some risk as they offer market-linked returns¹. Hence, track the funds periodically and switch funds if needed.

3.How to calculate ULIP Returns?
You can calculate the ULIP returns using the online ULIP return calculator.

4.What type of investors should invest in ULIPs?
ULIPs can suit different types of investors. Plans are categorised as aggressive, balanced, or conservative based on risk appetite. ULIPs offer market-linked1 returns, so understand ULIPs and market conditions before investing.

5.What does ULIP NAV mean?
ULIP NAV, or Net Asset Value, is the value of each unit within the portfolio of a ULIP fund. It represents the value of your investment per unit after adjusting for market fluctuations in the assets it represents.

6.How is the Net Asset Value of a ULIP calculated?
To calculate the Net Asset Value of a ULIP, the total ULIP funds at a given date must be considered. NAV per unit can then be calculated by dividing this amount (excluding charges) by the total number of units in the ULIP.

7.What are the popular Tata AIA Life Insurance Unit-Linked Insurance Plans?
These are the different ULIP plans offered by Tata AIA Life Insurance:

● Tata AIA Premier SIP
Tata AIA Premier SIP is a combination of the Tata AIA Smart SIP, a non-participating, unit-linked, individual life insurance savings plan (UIN: 110L174V01), and Tata AIA Health Buddy, Non-participating, Non-Linked, Individual Health Product (UIN:110N183V01).


● Tata AIA Param Raksha Life Pro +
This advertisement is designed for combination of benefits of following individual and separate products named (1) Tata AIA Smart Sampoorna Raksha Supreme Unit Linked, Non-Participating Individual Life Insurance Plan (UIN: 110L179V02) and (2) Tata AIA Health Buddy, Non-Participating, Non-Linked, Individual Health Product (UIN: 110N183V01). These products are also available for sale individually without the combination offered/ suggested. This benefit illustration is the arithmetic combination and chronological listing of combined benefits of individual products.


● Tata AIA Smart SIP
Non-Participating, Unit Linked Individual Life Insurance Savings Plan (UIN:110L174V01)


● Tata AIA Smart Fortune Plus
Non-Participating, Unit Linked Individual Life Insurance Savings Plan (UIN: 110L177V01)


● Tata AIA Smart Sampoorna Raksha Supreme
Unit Linked, Non-Participating Individual Life Insurance Plan (UIN: 110L179V02).


● Tata AIA Life Insurance Fortune Pro
Non-Participating, Unit Linked Individual Life Insurance Savings Plan.

8.How do I pay my ULIP premiums?
You can pay the ULIP premiums through your insurer's website, mobile app, net banking, debit/credit cards, or UPI. If you wish to pay offline, you may visit the insurer's branch or an authorised bank centre.

9.Can I adjust the variables on a ULIP calculator?
Yes, you can change the variables such as the premium payment term, policy term, the type of plan and the expected rate of return on the online ULIP calculator. However, note that it can only give you a fair and reliable estimate and not the exact figures.

10.Will the ULIP calculator also calculate the rider premiums?
No, the ULIP calculator does not calculate the rider⁹ premiums because these are optional benefits. You can add them to your ULIP while buying the policy for an additional charge as per your needs and the emergencies you need coverage against.

11.Does the ULIP investment calculator also calculate the life insurance cover?
Yes, the ULIP investment calculator takes into consideration the life cover you want since it is included in the same policy. The sum assured will be paid to the nominee in case of your demise during the policy term.

12.Will I get guaranteed returns on a Unit-Linked Insurance Plan?
The returns in a Unit-Linked Insurance Plan are market-linked. Hence, they are not guaranteed returns.

13.What is the meaning of the ULIP fund value?
The ULIP fund value is the current market value of your investment component in the plan. It represents the total worth of the units you hold in the investment fund associated with your ULIP policy.

14.What is the return of ULIP in 5 years?
The performance of the invested funds will determine the ULIP returns over five years. ULIPs provides 10 year returns of around 8-15%. However, returns are not certain and can fluctuate based on market conditions.