ULIPs with nil AAC & lowest MC

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Last Comment 2023-05-16

Ramta_Jogi

2023-01-26

Can anybody list ULIPs of any 2-3 companies with no allocation charges and lowest mortality charges, please?

Need for some calculations.

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https://www.desidime.com/discussions/ulips-with-nil-aac-lowest-mc?page=1#post_9052184

BlueFlash

2023-01-26

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https://www.desidime.com/discussions/ulips-with-nil-aac-lowest-mc?page=1#post_9054549

panchabhut

2023-01-27

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Take insurance separately and invest the balance in proper Mutual fund. ULIP only benefit the insurance company and their agents.

https://www.desidime.com/discussions/ulips-with-nil-aac-lowest-mc?page=1#post_9054579

Ramta_Jogi

2023-01-27

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Thank you. Doesn't answer my query though. I need to know which company got lowest Mortality Charges

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https://www.desidime.com/discussions/ulips-with-nil-aac-lowest-mc?page=1#post_9054574

dhinchakrohit

2023-01-27

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LIC just invested in Adani FPO @ ₹3276 ! Poor policyholders....

https://www.desidime.com/discussions/ulips-with-nil-aac-lowest-mc?page=1#post_9054586

Ramta_Jogi

2023-01-27

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That's ok. Nothing will happen to them. You are viewing that investment as equity call from a personal angle with a very short term view. After all, it's only a loss of 18,000 crores.

Come to think of it - LIC's own share price eroded almost 1.1 lakh crores worth of investment in a month.

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https://www.desidime.com/discussions/ulips-with-nil-aac-lowest-mc?page=1#post_9057609

Ramta_Jogi

2023-01-29

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Anybody?

https://www.desidime.com/discussions/ulips-with-nil-aac-lowest-mc?page=1#post_9058188

hg916

2023-01-29

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Hdfc click2 wealth. They dont have pac which is always highest in every ulip.

Even mortality charges refunded in end

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https://www.desidime.com/discussions/ulips-with-nil-aac-lowest-mc?page=1#post_9231602

BlueFlash

2023-04-25

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@Ramta_Jogi I went through nearly all major players ULIPs and found that a lot of them do offer zero allocation charges and low mortality charges (starts from ~0.1 at 25yo and goes to ~1.1 for 60yo), and many allow free unlimited switches. However all of them have maxed their expense ratio to ~1.35%, and this expense ratio only seems to the major charge in the current market ULIPs (mortality can be ignored if you are young and your tenure is less), but it's pretty high compared to a large cap index fund.
Considering above, I would say if you are young and your tenure is low (this will keep the mortality charges least), and you can time a bit of market (re-balancing your asset allocation by switching), and make sure to gradually move to debt from equity when nearing maturity (to avoid a crash at end), and the added benefit of tax-exempt return, ULIP can easily compete a parallel MF... Definitely not for an average investor, but an active logically sound investor can make a great use of it.

https://www.desidime.com/discussions/ulips-with-nil-aac-lowest-mc?page=1#post_9231822

Ramta_Jogi

2023-04-25

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Thank you. I did calculate the best time for entry and exit and found that these would benefit you if you take it at around age of 21-25/28. Pour in money till 42-45/48 years of age (20 years) and stay invested till 55 with exit around age 55/58 (before high mortality charges start hitting the returns).

I am well past the jawani ki age and have entered jawani se jung waali umar so i cannot experiment with it like I am experimenting with SiPs.