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ULIP Calculator
Unit Linked Insurance Plan — maturity estimate with charges.
Enter values to see your result
Frequently asked questions
Is ULIP better than MF + term?
Usually NO. A ULIP gives ~10% CAGR after charges; MF ~12% + tiny term premium gives ~11.5% CAGR with more flexibility + higher cover.
When does ULIP make sense?
For disciplined investors needing 80C + tax-free maturity (up to ₹2.5L premium). Maturity taxed post-2021 if above ₹2.5L/year under Section 10(10D).
Lock-in period?
5 years mandatory. Surrender before 5 years = heavy charges + discontinuance fund at 4-4.5% returns.
Can I switch funds?
Yes — 4–unlimited free switches per year between debt, equity, balanced funds. Useful for tactical allocation.