Why MF ? What Investor wants ? What is ULIS ? Why not ULIS ?
-
Upload
asher-norris -
Category
Documents
-
view
222 -
download
0
Transcript of Why MF ? What Investor wants ? What is ULIS ? Why not ULIS ?
Why MF ? What Investor
wants ?What is ULIS ?Why not ULIS ?
Mutual Fund / Equity Investment
Best and Safest !!!! Option for wealth creation
Proper Allocation of Equity and Debt Products
Investing as per the profile of Investor ( Wide Range of Products are available from 100 % Equity to 100 % Debt )
Ready to wait attitude, timing and Systematic approach to investment Now Nomura Asset Management Japan holds 60% in LIC MF
Equity Investment definitely perform If………….
LICMF PRESENTS It's UNIQUE PRODUCT
WITH MULTIPLE BENEFITS
IT IS OPEN ENDED BALANCE FUND WITH MULTIPLE BENEFITS
Asset allocation : 65 – 80 % Equity
And
20 – 35 % Debt
OBJECTIVE OF THE FUND TO GENERATE LONG TERM CAPITAL APPRICIATION, OFFER TAX
EXEMPTION ALONG WITH SOME ADDITIONAL BENEFITS LIKE LIFE INSURANCE AND ACCIDENTAL
DEATH COVER
Parameters: Age at Entry: 12 to 60 Years Max Age at Maturity: 70 Years Fund type and Option Balance Fund – Div
Reinvest Minimum Life Insurance 10,000/- for 10
years 15,000/- for 15
years Maximum Life Insurance 15,00,000/- Maximum Acc. Death Cover 7,50,000/- Entry Load: 0% Exit Load: Nil Premature Withdrawal: After 3 Years Partial Withdrawal Allowed Mode of Payment Single, Yearly, Half
Yearly, SIP Term 5 – 10 – 15 Years
Death within six months of investmentRepurchase value of units
Death between six months & 1 yr of investmentRepurchase value + ½ of the target amount
INSURANCE COVER
Death Benefit : Type of CoverDeath Benefit : Type of Cover
Death after one year of investment(a) Single Premium & Regular Premium (Uniform Risk Cover)
NAV of Accumulated Units + TARGET AMOUNT
(b) Regular Premium (Reducing/Decreasing Risk Cover)
NAV of accumulated Units + UNPAID CONTRIBUTION TO TARGET AMOUNT
LIFE INSURANCE COVER ON Rs.1000 INVESTMENT
TERM YEARLY HALF YEARLY SIP
10 YEAR 1,000*10 = 10,000 1,000*2*10=20,000 1,000*12*10=1,20,000
15 YEAR 1,000*15=15,000 1,000*2*15=30,000 1,000*12*15=1,80,000
In case of Single Plan Investment amount = Target amount = Life Insurance
WHAT IS MAXIMUM LIMIT FOR INVESTMENT ?
TERM YEARLY HALF YEARLY SIP
10 YEAR 1,50,000*10 = 15,00,000 75,000*2*10=15,00,000
12,500*12*10=15,00,000
15 YEAR 1,00,000*15=15,00,000 50,000*2*15=15,00,000
8,300*12*15=14,94,000SINGLE PREMIUM - NO LIMITSINGLE PREMIUM - NO LIMIT
Requirement for Life insurance up to Rs. 15,00,000 + Acc. Death cover up to Rs. 7,50,000 ( Total 22,50,000) for ages between 12 to 60 is Common
application + copy of PAN card or KYC
WHAT IS TARGET AMOUNT ?
Every time when investor pays his installment – Life Insurance Premium is deducted from that initial investment.
Any time during the year when fund declares Dividend – It gets reinvested without any load at ex- Div NAV.
In case of uniform risk cover at any time during the period if investor dies , Nominee becomes eligible for NAV of accumulated units plus TARGET AMOUNT.
In case of accidental death nominee becomes eligible for NAV of accumulated units plus Double the TARGET amount ( Subject to Maximum Accident benefit limit of Rs. 7.5 lacs)
On maturity investor becomes eligible for NAV of all Accumulated units ( From his investment as well as dividend reinvestment) plus
GUARANTEED MATURITY BONUS !!!
INSURANCE PREMIUM FOR 15,00,000 INSURANCE + 7,50,000 ACCIDENTAL DEATH COVER
AGE 10 YEAR TERM ( i.e
from Rs. 1,50,000 )
Cost per 1,00,000
Insurance
15 YEAR TERM ( i.e from
Rs. 1,00,000 )
Cost per 1,00,000
30 2259 (1.50 %) 150.60 1659 (1.65 %) 110.60
35 3241 (2.16 %) 216.06 2421 (2.42 %) 161.40
40 5058 (3.37 %) 337.20 3841 (3.84 %) 256.06
45 8286 (5.52 %) 552.40 6167 (6.61 %) 411.33
50 13297 (8.86 %) 886.46 9825 (9.82 %) 655.00
55 19044 (12.69 %) 1269.60 15485 (15.48 %) 1032.30
60 30201 (20.13 %) 2013.40 *************** ***********In case of reducing cover insurance cost for age 60 for 15 lacs is Rs. 13336/-
only.
ACTUAL INVESTMENT COST
AGEAGE INSURANINSURANCE CE
ULIS ULIS YLY YLY PREMIUPREMIUMM
ENDOWMEENDOWMENT PLAN NT PLAN YLY YLY PREMIUMPREMIUM
YOU YOU SAVESAVE
3030 15,00,00015,00,000 1,00,001,00,0000
1,01,2951,01,295 1,2951,295
3535 15,00,00015,00,000 1,00,001,00,0000
1,02,7501,02,750 2,7502,750
4040 15,00,00015,00,000 1,00,001,00,0000
1,05,2121,05,212 5,2125,212
4545 15,00,00015,00,000 1,00,001,00,0000
1,09,2251,09,225 9,2259,225
5050 15,00,00015,00,000 1,00,001,00,0000
1,15,5551,15,555 15,5515,5555
5555 15,00,00015,00,000 1,00,001,00,0000
1,25,5941,25,594 25,5925,5944
AGAGEE
INSURANINSURANCECE
ULIS ULIS COST COST
( 15 ( 15 Yr Yr
Term Term ))
TERM TERM INSURANINSURANCE COST CE COST (15 Yr (15 Yr
Term )witTerm )without hout
Accident Accident RiderRider
YOU YOU SAVESAVE
3030 15,00,0015,00,0000
16591659 35403540 18811881
3535 15,00,0015,00,0000
24212421 44104410 19891989
4040 15,00,0015,00,0000
38413841 61056105 22642264
4545 15,00,0015,00,0000
61676167 89708970 28032803
5050 15,00,0015,00,0000
98259825 1360513605 37803780
5555 15,00,0015,00,0000
1548154855
2091020910 54255425
INSURANCE COST
WE OFFER NAV PLUS GUARANTEED MATURITY BONUS ON MATURITY
AGE
INSURANCE
ULIS PREMIUM COST
MATURITY BONUS @ 15% of Target Amount
NET GAIN OVER PREMIUM
30 15,00,000 1659*15=24885
2,25,000 2.00,115
35 15,00,000 2421*15=36315
2,25,000 1,88,685
40 15,00,000 3841*15=57615
2,25,000 1,67,385
45 15,00,000 6167*15=92505
2,25,000 1,32,495
50 15,00,000 9825*15=147375
2,25,000 77,625
55 15,00,000 15485*15=232275
2,25,000 (-) 7275
Consistent Dividend RecordConsistent Dividend Record:YEARYEAR DIVIDENDIVIDEN
DDYEARYEAR DIVIDENDDIVIDEND
1989-901989-90 12.50%12.50% 1999-001999-00 10.00%10.00%
1990-911990-91 13.00%13.00% 2001-022001-02 10.00%10.00%
1991-921991-92 13.50%13.50% 2002-032002-03 7.50%7.50%
1992-941992-94 15.00%15.00% 2003-042003-04 17.00%17.00%
1994-951994-95 7.50%7.50% 2004-052004-05 20.00%20.00%
1996-971996-97 6.00%6.00% 2005-062005-06 28.00%28.00%
1997-981997-98 10.00%10.00% 2006-072006-07 44.00%44.00%
1998-991998-99 NILNIL 2007-082007-08 30.00%30.00%
Why not ULIS ?
Why not ULIS ?
Why not ULIS ?
Now in this fund Debt shall be 35% which shall be managed by experts
from LIC Mutual Fund and Equity 65% shall be managed by professional
fund managers from Nomura Asset Management Company Japan
Comparison with other similar Comparison with other similar products products SIP INSURANCE offered by two or three MFs offers Life insurance up to age at entry 45 only. Maturity age is restricted to either 55 or 60.
They offer this product only through SIP where we offer multiple options.
On maturity they offer only NAV – Whereas we offer NAV + GMB
UTI ULIP offers GMB as 5 % or Max 7.5 %
They charge Exit Load subject to condition – Ours is NIL
Limited Liquidity – Once you discontinue SIP and wants to withdraw you have to pay exit load or have to stay till the SIP period.
Ours is Balance / Div Reinvestment option where as UTI ULIP is debt oriented and others are offering 100 % equity funds ( Which go either way in terms of performance )
UTI ULIP Offers Accidental Death cover of Rs. 50,000 only irrespective of Investment.
UTI ULIP do not option for 5 year term
Minimum Investment under SIP mode is Rs. 1,000 other than UTI ULIP
We offer 120 times insurance of SIP in 10 year term and 180 times for 15 year term…
We allow STP also … Which is not the case with any other product
For UTI ULIP SIP through PDC you have to deposit 24 months cheques in advance
Comparison with other similar Comparison with other similar products products
All Kinds of Mutual Funds available in the market.
Monthly Income Plans Retirement Planning Child Education Planning Mediclaim from Reputed Private Standalone
mediclaim company. Complete Customer Satisfaction
guaranteed.
Contact Details:
SATYA PRAKASH MISHRAAddress:201 , B- Wing 2, Gayatri Darshan,near- Saraswati School,Tulinj Road, Nalasopara (East).City: Mumbai - 401209State: MaharashtraMobile: +91 9326651020 Email: [email protected]