![]() Even if the equity markets deliver returns in the range of 13-15%, the costs will eat into 7% of the returns. "Like most other ULIPs, this is also an expensive product. The maximum charge is capped at Rs 6000 per annum. Further the policy administration charge is Rs 20 per month for the first five policy years, Rs 25 per in the sixth year and then it will inflate at 5% p.a. The fund management charge is in the range of 1-1.35% depending upon the nature of the strategy. The premium allocation charge of the plan is 7.50% of the Basic Premium, 6.50% in the second policy year, 5.00% from the third year onwards. ![]() Self-Managed Option are meant for financially savvy individuals as this option gives complete freedom to policyholders to manage their investments by allocating the premiums across investment funds of their choice in varying proportions.
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