Insurance + Investment

ULIP Calculator

Understand the real returns from your Unit Linked Insurance Plan after all charges. Compare with a pure investment alternative and make an informed decision.

Policy Details

Annual Premium (₹)₹50,000

₹10k₹5L

Policy Term (Years)10 years

5 yrs30 yrs

Fund Type

Expected return: 12% (based on fund type)

Expected Annual Return (%)12%

Advanced Charges (customize)

Allocation Charge (Year 1) %

Allocation Charge (Subsequent) %

Fund Management Charge (% p.a.)

Mortality Charge (₹ per year)

Policy Admin Charge (₹ per year)

ULIP Maturity Projection

ULIP Maturity Value

₹8,25,143

Total premiums paid: ₹5,00,000

Net Gain

₹3,25,143

XIRR (approx.)

5.14%

Total charges over 10 years: ₹88,694

Alternative Investment (SIP)

₹9,21,727

Assumed return: 12% p.a. (post-expense)

Net Gain (Alt.)

₹4,21,727

XIRR (Alt.)

6.31%

Alternative outperforms ULIP by ₹96,584

Pure investment may give better returns. Consider term insurance + separate investment for better flexibility.

Alternative Investment Return (% p.a.)12%

Understanding ULIPs

Lock-in period: ULIPs have a 5-year lock-in (cannot withdraw before 5 years).

Tax benefits: Premiums up to ₹1.5L deductible under Sec 80C, maturity proceeds tax-free under Sec 10(10D) subject to conditions.

Charges: Allocation, fund management, mortality, policy admin – these impact returns significantly.

Switching funds: Most ULIPs allow free switches between equity/debt funds.

⚠️ Disclaimer: Past performance does not guarantee future returns. The calculator provides estimates; actual returns may vary based on market conditions and actual charges.