Birla SunLife Wealth Aspire Review
Tax saving are about to start and Birla SunLife has given the perfect solution for people looking to save tax. Wealth Aspire is a ULIP plan and Birla Sunlife is betting big on this plan.
Entry age: 30days* insurance will start after 1st birthday
maximum age: 60yrs
policy term: 5 yrs to 40 yrs
Minimum investment (in Rs.)
30000 for annual mode
36000 for half yearly mode
48000 for monthly mode
Pros
ULIP plan are good for investor as it gives combination of mutual fund & Insurance.
Fund Management charge are minimum especially compared to mutual fund.
Insurance cover supports the plan.
Tax Benefit on investment done upto Rs.150000
Tax Benefit on withdrawal under section 10(10)D
IRR is more than Mutual fund. Now that is great!
nifty fund: first time in ulips
Cons
As it is Ulip plan it has premium allocation charge which is lowest in the industries but still customer has to bear it
Withdrawal is only after 5 years.
Charges
Premium allocation charge
policy admin charge
mortality charge
other charges
all though there are so many charges, if you be with this plan for more than 10 yrs than the costing is lowest compared to not only other ulip plans but also mutual fund
call 8097901276 if you want to buy ulip and save tax
Tax saving are about to start and Birla SunLife has given the perfect solution for people looking to save tax. Wealth Aspire is a ULIP plan and Birla Sunlife is betting big on this plan.
Entry age: 30days* insurance will start after 1st birthday
maximum age: 60yrs
policy term: 5 yrs to 40 yrs
Minimum investment (in Rs.)
30000 for annual mode
36000 for half yearly mode
48000 for monthly mode
Pros
ULIP plan are good for investor as it gives combination of mutual fund & Insurance.
Fund Management charge are minimum especially compared to mutual fund.
Insurance cover supports the plan.
Tax Benefit on investment done upto Rs.150000
Tax Benefit on withdrawal under section 10(10)D
IRR is more than Mutual fund. Now that is great!
nifty fund: first time in ulips
Cons
As it is Ulip plan it has premium allocation charge which is lowest in the industries but still customer has to bear it
Withdrawal is only after 5 years.
Charges
Premium allocation charge
policy admin charge
mortality charge
other charges
all though there are so many charges, if you be with this plan for more than 10 yrs than the costing is lowest compared to not only other ulip plans but also mutual fund
call 8097901276 if you want to buy ulip and save tax
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