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LIC Mutual Fund

LIC Mutual Fund

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LIC Mutual Fund

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  1. LIC Mutual Fund LICMF Unit Linked Insurance Scheme

  2. Benefits to Investor • Capital Appreciation • Tax Saving U/s 80C • Low Cost Life Insurance • Free Accidental Insurance • One time investment and SIP Facility • Guaranteed Maturity Bonus • No High Allocation Charges

  3. Capital Appreciation • Potential of high returns • Good 19 year track record • Balanced nature of fund • Guaranteed maturity Bonus

  4. Dividend History

  5. Tax Benifit • Investment in ULIS are eligible for tax benefit u/s 80c • Tax rebate can be taken for amount up to Rs. 100000 • Dividend declared in the scheme is tax free • Maturity proceeds of the scheme are tax free

  6. Insurance Cover • Life insurance cover up to Rs. 1500000 • Very low cost of life insurance cover • No medical examination report required • No income proof documents required • Allowed age 12-60 yrs • Maximum maturity age 70 Yrs. • Free accidental insurance cover • Total permanent disability also covered

  7. Investment options ULIS Regular Contribution i.e SIP Single Contributioni.e. One time investment

  8. Investment options Single Contribution 10 Years Term ( Allowed age 12 to 60 )‏ 5 Years Term ( Allowed age 12 to 60 )‏

  9. Investment options Regular Contribution ( Monthly, Half-Yearly, Yearly )‏ Reducing Risk Cover ( Risk cover reduces with the course of time )‏ Uniform Risk Cover ( Risk cover remains constant throuout the term )‏ 10 Years ( Allowed age 12 to 60)‏ 15 Years ( Allowed age 12 to 55)‏ 10 Years ( Allowed age 12 to 60)‏ 15 Years ( Allowed age 12 to 55)‏

  10. Scheme Highlights • ISSUE PRICE: On an ongoing basis Sales will be at NAV related prices for the Single Premium option as well as Regular Contribution option. • LIQUIDITY: Repurchase after lock-in period of 3 years of investment. • EXIT LOAD: There is no exit load.

  11. Scheme Highlights • REDEMPTION: Withdrawal allowed after 3 years from initial investment* • ASSET ALLOCATION: Equity 65%-80%, Debt- 20%-35% • LAPSED MEMBERSHIP: Sufficient time span for revival of lapsed membership- 1 Year

  12. ULIS Vs. Term Insurance- Premium Comparison LIC MF ULIS

  13. Low cost insurance For sum assured Rs. 5,00,000, Annual premium, Regular contribution

  14. Premium Comparision

  15. Low cost insurance For sum assured Rs. 5,00,000, Annual premium, Regular contribution

  16. Premium Comparision

  17. Low cost insurance

  18. Premium Comparison

  19. ULIS subject to SEBI guidelines Mutual fund scheme Both reducing and uniform cover available ULIPs subject to IRDA guidelines Insurance company scheme In most schemes only reducing cover available ULIS Vs. ULIPs

  20. Charges Life insurance prem. Charges Fund distribution Fund Management Switching charges Mortality charges Partial withdrawal Monthly expenses Top up charges ULIS Vs. ULIPs

  21. In case of natural death of investor nominee gets Market value of investment + Life Insurance cover In case of natural death of investor nominee gets Market value of investment or Life Insurance cover whichever is higher ULIS Vs. ULIPs

  22. In case of accidental death of investor nominee gets Market value of investment + Life Insurance cover + Accidental Insurance cover In case of accidental death of investor nominee gets Market value of investment or Accidental Insurance cover whichever is higher ULIS Vs. ULIPs

  23. LIC MF ULIS Benifits to Distributor

  24. LIC MF ULIS ULIS Vs. ULIP Brokerage Comparision

  25. Brokerage ComparisionRegular Contribution • Figures have been calculated without taking into account scheme returns • Calculations based on Yearly investment amount

  26. Brokerage ComparisionRegular Contribution • Figures have been calculated assuming 10% return from the scheme • Calculations based on Yearly investment amount

  27. THANX