HDFC SL Crest – Short Term ULIP Investment Plan in India

ULIPs have been an underrated form of investments. Even if investors are aware that the funds invested in ULIPs are eligible for returns and benefits such as tax exemptions, they still steer clear of the plans. Even if the ULIP investments are subjected to capital market risks, it is still one of the best options one could opt for.

But What Exactly is ULIP?

It is basically a life insurance product which provides complete risk cover to the insurance holder in addition to the different investment options which can be spread across stocks, shares, bonds or even mutual funds. As a complete plan, ULIP is available for customization depending on the risk appetite and financial goals.

Should I Opt for a ULIP plan?

If you have an appetite for risk, ULIPs are perfect for you. The entire investment risk is borne by the investor when it comes to ULIPs. If you are adventurous in terms of investments and the market fluctuations, then experts recommend that you take in to account the margin of risk you are willing to take.

·   It is beneficial when you have long term financial goals such retirement planning, healthcare funds, children’s education, and future fund accumulation for other major occasions and needs

·     You can easily track your portfolio even without a fund manager. Flexible plans let you switch from high risk plans to a low risk ones easily without much ado.

·        If you are a long term investor, ULIPs are the perfect investment plan.

·      Get the privilege to choose from low risk, mid risk and high risk funds during signing up for the policy.

·      There is no age limit as such for investing. Therefore, a ULIP is available for every age group that has a financial liability or long term needs in general.

 

 Why HDFC SL Crest ULIP?

One of the classic ULIPs from the house of HDFC, HDFC SL Crest offers investment options, financial protection all in one go. 

·  Features:

o     You can choose the total sum assured. It could be either 10 times or 40 times of the annual premium paid. Therefore, you get to regulate the level of protection in general.

o   Annual premiums are a norm with every ULIP plan. However, you can pay the regular premium amount starting at 50,000 per annum. However, there is no upper limit for the maximum amount. Analyse the risk and appetite to figure out your capping amount.

o    The tenure of policy term is 10 years. However, you need to pay your premiums for 5 years only.

o     The entry age in to the policy is 14 years and the maximum age at the time of policy maturity should be 65 years.

o     Benefits on maturity are the USP for the HDFC SL Crest ULIP plan. The maturity fund paid out is equivalent to the Net Asset Value on the current date of redemption.

o   You family is protected even after your demise. The amount paid out is either the sum assured or the fund value whichever is higher.

o      The ULIP is eligible for tax deductions under 80C too!

·         Investment Options Available:

o   Blue Chip fund: Get exposed to large cap equity funds and related securities. Even if the risk entailed is high, it is a safer option because 80% of the investment is into equities and the other 20% is in to money market tools such as deposits, cash, mutual funds and others.

o   Opportunity funds: HDFC SL Crest opportunity fund is usually a very high risk, high returns deal. Very similar to that of the Blue Chip fund, the equity related securities are just higher than the former.

o   Balanced Funds: hedging of funds is always advisable for several reasons and HDFC SL Crest is no different. Medium appetite risk can draw investors towards a balanced option where the securities to equity proportion is spread in a proportion that is roughly 60-40 respectively. Additionally, debt funds help balance out the losses in case of major market fluctuations.

o   Income funds: a moderate risk plan, the funds invests in liquid mutual funds which are a part of the government securities. It has a higher duration and has better credit exposure.

How Do You Choose The Funds?

As part of the HDFC SL Crest ULIP, different investors can find a myriad of options for themselves. It could be debt, equity or even a mix of both. Young investors who are willing to experiment and risk the sum of investment go largely for the funds that boast of higher returns and higher risks. However, when one needs to settle down, investors start looking for suitably stable options such as debts and low risk equities. Additionally they expect the funds invested in insurance be more instead of putting it in the market for a stable return.

Bajaj Allianz Life Insurance: Life Insurance Plans for All Your Needs

Life insurance plays an important part of a family’s future needs and planning. And this is why it is such a sought-after service, which in turn has seen so many insurance companies spawn in India, with each enjoying varying degrees of success. 

One of the organizations that can be categorized as successful is Bajaj Allianz General Insurance Corporation Limited, a firm headquartered in Pune. A worldwide general insurance corporation, Bajaj Allianz is a combined undertaking between the Bajaj Group of India-owned Bajaj Finserv Limited (which was a part of Bajaj Auto until 2007) and Allianz SE, financial services business of Germany, which provides the popular Baja Allianz Life Insurance plan.

Some More Details About The Joint Venture

Bajaj Finserv, financial services business, is a part of Bajaj Holdings and Investments Limited which focuses on lending, wealth management, asset management, and insurance. Allianz SE is headquartered in Munich, Germany, and its core businesses are asset management and insurance. It is one among the largest insurance companies in the world as well.

When it started off, in 2001, Bajaj Allianz General Insurance had 36 offices and around 100 employees, with a paid-up capital of Rs 1.10 billion. While Bajaj Finserv holds 74 percent share, Allianz holds the remaining 26 percent. Currently, the company has offices in more than 200 Indian cities. 

A gauge of the growth of Bajaj Allianz Life Insurance since its registration in 2001 is the fact that for the financial year 2010-11, it was rated the second-best insurance company in the country in terms of issued insurance policy numbers, and fourth on the basis of new business premium.

The Different Plans Available

There are a variety of Bajaj Allianz Life Insurance plans available to suit the needs of people with a variety of needs and from different walks of life. They include ULIPs, Term Life Insurance, Child Life Insurance, Retirement Life Insurance and Group Life Insurance. We take a look at some of them:

1.    iSecure Plan: A term insurance plan with an entry age between 18 and 60 years. Maturity age varies between 28 to 70 years, depending on premium and tenure. The four policy terms that can be chosen are 10, 15, 20 and 25 years, with a minimum annual premium of Rs1,500 to be paid.

2.    Future Gain Plan: A unit-linked endowment plan with an entry age between 1 and 60 years. Maturity age varies between 18 to 70 years, depending on premium and tenure. The minimum policy term is 10 years, and the annual premium amount is Rs 25,000.

3.    Retire Rich Plan: A unit-linked pension plan with an entry age between 30 and 73 years. Maturity age varies between 37 to 80 years, depending on premium and tenure. Policy terms range between 7 and 30 years, with the annual premium being Rs15,000.

4.    Young Assure Plan: A traditional child plan with an entry age between 18 and 50 years. Maturity age varies between 28 to 60 years, depending on premium and tenure. The three policy terms that can be chosen are 10, 15 and 20 years, and the annual premium is subject to underwriting.

5.    Save Assure Plan: A traditional endowment plan with an entry age between 1 and 60 years. Maturity age varies between 18 to 75 years, depending on premium and tenure. The policy term can be between 15 to 17 years, with the annual premium being Rs 6,620.

6.    Life Long Assure Plan: A non-linked whole life plan with an entry age between 10 and 55 years. There is no maturity age. The policy term is calculated as 100 minus the entry age, with the annual premium to be paid set at Rs 10,811.

7.    iSecure Loan Plan: A plan to cover for loan liabilities, with an entry age between 18 and 60 years. Maturity age varies between 28 to 65 years, depending on premium and tenure. The four policy terms that can be chosen are 10, 15, 20 and 25 years, with the annual premium subject to underwriting.

Bajaj Allianz Life Insurance also provides the policyholder with the added benefits of tax deductions. In other cases, Bajaj Allianz Life Insurance acts as a good investment and savings instrument. The service is also available online, a step many other companies have taken to adapt and keep in touch with the changing times. What has made Bajaj Allianz Life Insurance so popular, as said before, is the fact that it provides so many options, which suit almost everyone’s needs.

Documents Needed

The documentation one needs to apply for a Bajaj Allianz Life Insurance cover is:

1.    ID proof

2.    Age proof

3.    Income proof

4.    Address proof

5.    PAN and Aadhaar

Another key area that Bajaj Allianz Life Insurance has made a mark in is child insurance plans.

Top 4 Holders of Morgan Stanley Mutual Fund

Founded in 1935, Morgan Stanley is one of the oldest established financial firms in the world. It went public only as recently as 1984, opening its doors to various sectors including sales, wealth management, financing, market making, banking, research, and advisory niches. 

• As of January 2018, Morgan Stanley is on record trade-sharing at 2.71x sales and 1.4x book value.
• The company is renowned for hosting influential mutual fund holders as part of its family.
• Compared to its rival Goldman Sachs, Morgan Stanley has enjoyed superior YTD performance in the market.
• Morgan is up 5.61% while Goldman is down 1.31%.

 

Suffice to say, the Morgan Stanley mutual fund market is looking good. 

Top Morgan Stanley Mutual Fund Stock Holders 

Let’s take a look at some of the big-wigs in the financial world who hold stocks in Morgan Stanley. As you read, you will probably gain a better understanding of how and why the following four mutual fund holders chose Morgan to invest in. 

4. SPDR S&P 500 ETF (SPY)

Holding in excess of 16.6 million shares, SPDR S&P 500 ETF is currently in possession of almost 0.97% of Morgan Stanley mutual funds. 

• Having invested in 507 stocks, SPDR S&P has $285.7 billion worth of holdings in Morgan.
• Knowing for its full-replication approach, the passively managed S&P 500 Index has quite the market repute.
• In accordance with the index, the company has authorized allocations in the financial services sector to the tune of 16.9%.
• In connection to SPDR S&P 500 ETF’s total asset worth, 0.32% of it has been invested in Morgan Stanley.
• Near the end of last year, 2017, the company fund is positioned at 21.69% of its monthly YTD performance.

 

3. T. Rowe Blue Chip Price Growth (TRBCX)

Next in the holder-lineup is T. Rowe Blue Chip Price Growth, which currently owns 1.10% of Morgan Stanley mutual funds (September 2017 reckoning). 

• That’s 19.9 million shares, a swelling of one million shares compared to the previous reporting.
• This company has the eleventh-largest portfolio holding in Morgan Stanley.
• In connection to T. Rowe Blue Chip Price Growth’s total asset worth, 2.26% of it has been invested in Morgan.
• With a majority of its investment-focus on large-cap stocks, T. Rowe has put in $45.8 billion in Morgan Stanley’s holdings.
• In accordance with the index, the company has authorized allocations in the financial services sector to the tune of 16.3%.
• Near the end of last year, 2017, the company fund is positioned at 36.55% of its monthly YTD performance.
• With a minimum investment value of $2500, T.Rowe enjoys an 18.8% daily 3-year average annual return.

 

2. Vanguard 500 Index Fund Investor Shares (VFINX)

Owning 23.7 million shares, the next Morgan Stanley mutual fund holder on our list is the Vanguard 500 Index Fund (“VFINX”).

• Among individual investors, this fund is an industry-first, exhibiting a diversified array of the largest United States companies on its portfolio. These companies reflect the same index as the Standard and Poor’s 500 Index (S&P 500).
• In accordance with the index, the company has authorized allocations in the financial services sector to the tune of 16.8%.
• From among the Vanguard 500 Index Fund’s total asset worth of $391.4 billion, 0.32% of it has been invested in Morgan Stanley.
• Near the end of last year, 2017, the company fund is positioned at 21.67% of its monthly YTD performance.
• With a minimum investment value of $3000, Vanguard 500 enjoys a 13.76% daily 3-year average annual return.

1. Vanguard Total Stock Market Index Fund (VTSMX)

We come now to the largest stockholder on Morgan Stanley’s mutual fund investment portfolio, namely Vanguard Total Stock Market Index Fund (“VTSMX”). 

• It is in possession of 32.6 million shares in the company. That’s 1.81% of Morgan Stanley.
• In accordance with the index, the company has authorized allocations in the financial services sector to the tune of 16.6% divided across 3,620 stocks.
• Vanguard Total Stock Market Index Fund’s cash-pool dominates at $662 billion in net assets, with 0.26% constituting its Morgan Stanley holdings.
• With its focus primarily set on small-cap to large-cap growth and value stocks, this mutual fund investment (created, 1992) was made to provide investors with superior contact to the United States stock market, as a whole.
• Near the end of last year, 2017, the company fund is positioned at 21.05% of its monthly YTD performance.
• With a minimum investment value of $3000, Vanguard 500 enjoys a 13.3% daily 3-year average annual return.

Conclusion

The aim of this article is purely information-oriented. If you are interested in learning who the top four Morgan Stanley mutual fund holders are in the market today, you have come to the right place. Armed with this knowledge, you are probably thinking of investing in Morgan Stanley yourself. Bear in mind that investments made by corporate entities vary from those opted by individuals.

Read up on stock market mutual fund investment techniques before daring this tricky ocean. The companies detailed above are fat-cats and giants in the game, so it’s always wise to invest small and go from there – assuming you are an individual interested in investing in Morgan Stanley mutual funds.