Unit-linked Insurance Plans (ULIPs) chu investment tih paha protection (insurance cover) nei tel duh tan a tha zawk.
Mutual Funds (MFs) chu investment ngawr ngawr duh tan a tha zawk.
A senso (cost/charges) lam
ULIPs
Fund Mang Charge = 0.80 to 1.75%
Admin charge = Rs.240 to 720 per annum
Allocation charges = 20 to 60% first year,
5 t0 1% from second year
MFs
Loading / Entry Charges = 2.25%
Fund Management Charge = 2.50%
ULIPs chu investment leh insurance inkawp kan ti a, MFs chu investment hlang chuah a nih avangin tan bik nei lo leh fair taka compare dawn chuan MFs kan tih hian, Term insurance (Pure Insurance) policy kan la tel anga chhut a ngai. Tin, personal finance huangah chuan investments hrang hrang bakah life insurance hi lak tel ngei ngei tura ngaih a ni. Term insurance kan tih chu a policy term chhunga kan boral palh a nih chuan insurance lak tur awm, dam chuan engmah hmuh let leh tur awm lo, insurance neih man tlawm ber chi an tih ang hi a ni.
Tunah a senso ngaihtuah chungin Mizorama investment atana kan hman lar em em, ULIPs leh MFs with Term Insurance chu chi thumin lo khaikhin dawn ta ila.
Mutual Funds ho hi chu SEBI-in a senso lak theih zat ah bithliah fel tak a neih avangin a inang deuh vek a; chuvangin scheme thlan bik awm chuang loin a chunga kan tarlan senso bithliah felsate khi kan hmang tawp ang.
A senso ngawr ngawr atanga khawi hi nge tha zawk, tih hriat tum kan nih avangin kum tina a punna hi Growth Rate inang, 20% CAGR zela chhut a ni.
Illustration 1: MFs vs. Birla Sunlife Insurance ClassicLife Premier Regular Premium (CLP)
Kum tina pek tur zat (Annual Premium) – Rs 100,000/-
A rei zawng – Kum 20
Pawisa dah zat – Rs 20,00,000 (Rs 100,000x20yrs)
Pawisa dahtu kum zat – Mipa kum 35 mi
MF-a Senso ngai turte:
Entry Load – 2.25%
Kum 20 chhunga Entry Load – Rs 45,000/-
Recurring Expenses – 2.50%
Kum 20 chhunga Recurring Expenses – Rs 18,99,491.40
Exit Load – Nil
Term Insurance: Birla Sun Life Term Insurance (RP)
Insurance lak nana senso ngai:
Insurance/Sum Assured (SA) zat – Rs 500,000/-
Kum tina thawh ngai zat – Rs 2,101/-
Kum 20 chhunga thawt zat tur – Rs 42,020/-
Senso zawng zawng (Entry Load + Recurring Expenses + Term Insurance) – Rs 19,86,511.40/-
CLP-a Senso ngai turte:
Allocation Charge:
Kum 1-naah – 13%
Kum 2-na leh kum 3-naah – 4%
Kum 4-na atangin – 2%
Total Allocation Charges – Rs 55,000/-
Policy Admin. Charge (PAC):
Kum 1-3 ah – Rs 2720/-
Kum 4-na atangin – Rs 720/-
Total PAC – Rs 20,400/-
Fund Management Charge (FMC) – 1.75% (Fund option thlan a zirin hei ai hian a hniam thei)
Total FMC – Rs 13,85,520.20/-
Mortality Charge – Sum At Risk atangin Sang bi zelah 1.363
Total Mortality Charges – Rs 1085.10/-
Insurance ken tel zat (SA) – Rs 500,000/-
Senso zawng zawng (AC + PAC + FMC + MC) – Rs 14,62,005.30/-
Observation:
MF:
Kum 20 hnua kan sum thawh zawng leh a pung tlingkhawm (Fund Value Net of all charges including mortality charges) – Rs 1,48,69,440.80
CLP:
Kum 20 hnua kan sum thawh zawng leh a pung tlingkhawm (Fund Value Net of all charges including cost of insurance) – Rs 1,60,92,412.00
Kum 9-na atangin CLP hian MF hi a khum tan a. Kum 20 hnuah chuan CLP a sum tlingkhawm hi MF aiin Rs 12,22,971.20/- zetin a tam zawk.
Chiang zawka i hriat duh chuan illustrations chhutna he Excel spreadsheet hi download rawh: Comparison between ULIP and Mutual Fund plus Term Insurance
Illustration 2: MFs vs. Bajaj Allianz Life Insurance UnitGain Plus Gold RP (UGPG)
Kum tina pek tur zat (Annual Premium) – Rs 100,000/-
A rei zawng – Kum 20
Pawisa dah zat – Rs 20,00,000 (Rs 100,000x20yrs)
Pawisa dahtu kum zat – Mipa kum 30 mi
MF-a Senso ngai turte:
Entry Load – 2.25%
Kum 20 chhunga Entry Load – Rs 45,000/-
Recurring Expenses – 2.50%
Kum 20 chhunga Recurring Expenses – Rs 18,99,491.40
Exit Load – Nil
Term Insurance: Bajaj Allianz Life Insurance New Risk Care II (RP)
Insurance lak nana senso ngai:
Insurance/Sum Assured (SA) zat – Rs 500,000/-
Kum tina thawh ngai zat – Rs 1,970/-
Kum 20 chhunga thawt zat tur – Rs 39,400/-
Senso zawng zawng (Entry Load + Recurring Expenses + Term Insurance) – Rs 19,83,891.40/-
UGPG-a Senso ngai turte:
Allocation Charge:
Kum 1-naah – 20%
Kum 2-5 ah – 6%
Kum 6-na atangin – 2%
Total Allocation Charges – Rs 74,000/-
Policy Admin. Charge (PAC):
Kum tin Rs 600, kum tin April ni 1 apianga 5%-a pung ziah tur
Total PAC – Rs 19,839.60/-
Fund Management Charge (FMC) – 1.75% (Fund option thlan a zirin hei ai hian a hniam thei)
Total FMC – Rs 13,61,499.10/-
Mortality Charge – Sum At Risk atangin Sang bi zelah 1.74
Total Mortality Charges – Rs 870/-
Insurance ken tel zat (SA) – Rs 500,000/-
Senso zawng zawng (AC + PAC + FMC + MC) – Rs 14,56,208.70/-
Observation:
MF:
Kum 20 hnua kan sum thawh zawng leh a pung tlingkhawm (Fund Value Net of all charges including cost of insurance) – Rs 1,48,69,571.80
UGPG:
Kum 20 hnua kan sum thawh zawng leh a pung tlingkhawm (Fund Value Net of all charges including mortality charges) – Rs 1,58,28,383/-
Kum 12-na atangin UGPG hian MF hi a khum tan a. Kum 20 hnuah chuan UGPG a sum tlingkhawm hi MF aiin Rs 9,58,811.60/- zetin a tam zawk.
Chiang zawka i hriat duh chuan illustrations chhutna he Excel spreadsheet hi download rawh: Comparison between ULIP and Mutual Fund plus Term Insurance
Illustration 3: MFs vs. Bajaj Allianz Life Insurance New UnitGain Plus SP (NUGP SP)
Tum khata (vawi 1 chiah) pek tur zat – Rs 500,000/-
A rei zawng – Kum 20
Pawisa dahtu kum zat – Mipa kum 30 mi
MF-a Senso ngai turte:
Entry Load – 2.25%
Entry Load zat – Rs 11,250/-
Recurring Expenses – 2.50%
Kum 20 chhunga Recurring Expenses – Rs 15,88,839.90/-
Exit Load – Nil
Term Insurance: Bajaj Allianz Life Insurance New Risk Care II (SP)
Insurance lak nana senso ngai:
Insurance/Sum Assured (SA) zat – Rs 625,000/-
Tum khata pek tur zat – Rs 18,386/-
Senso zawng zawng (Entry Load + Recurring Expenses + Term Insurance) – Rs 16,18,475.90/-
NUGP SP-a Senso ngai turte:
Allocation Charge:
Tum khatah – 2%
Total Allocation Charge – Rs 10,000/-
Policy Admin. Charge:
Kum tin Rs 600, kum tin April ni 1 apianga 5%-a pung ziah tur. A tir kum 5 chhung chiah lak tur.
Total PAC – Rs 3,315.40/-
Fund Management Charge (FMC) – 1.75% (Fund option thlan a zirin hei ai hian a hniam thei)
Total FMC – Rs 12,36,221.70/-
Insurance ken tel zat (SA) – Rs 625,000/-
Mortality Charge – Sum At Risk atangin Sang bi zelah 1.74
Total Mortality Charges – Rs 83.5/-
Senso zawng zawng (AC + PAC + FMC + MC) – Rs 12,49,620.60/-
Observation:
MF:
Kum 20 hnua kan sum thawh zawng leh a pung tlingkhawm (Fund Value Net of all charges including cost of insurance) – Rs 1,48,69,571.80
NUGP SP:
Kum 20 hnua kan sum thawh zawng leh a pung tlingkhawm (Fund Value Net of all charges including mortality charges) – Rs 1,12,92,861.60/-
A tir phat (kum 1-na) atangin NUGP SP hian MF hi a khum nghal a. Kum 20 hnuah chuan NUGP SP a sum tlingkhawm hi MF aiin Rs 18,37,941.80/- zetin a tam zawk.
Chiang zawka i hriat duh chuan illustrations chhutna he Excel spreadsheet hi download rawh: Comparison between ULIP and Mutual Fund plus Term Insurance
Khi’ng illustrations pathum atanga chiang ta chu senso zawng zawngah chuan Recurring Expenses (Fund Management Charge etc.) hian long-term a kan khawlkhawm theih zat tur a hril ber a, costs zawng zawng zingah chuan FMC hi a pawimawh ber kan ti thei ang. Tin, senso ngai zat ngawr ngawr atanga chhut chuan short to medium term (3 to 5 yrs.) atan chuan MFs hi a hlawk zawk a. Long term (usually from 9 yrs) atan chuan policy kan lak a zirin ULIPs a hlawk zawk tih chiang takin kan hre thei ta a ni.
Tin, ULIPs bikah hian ka sawi fo tawh thin angin insurance agents tam zawk chu an hotute thusawi ringawta innghat, an sawi ang ang sawi chhawng leh tawp, a punnna tur zat leh a pung tur zat pawh risk awm miah loh anga chhuah thei mai leh guarantee thawthang leh an commission thatna tur policy deuh chauh an prospects (potential customers) te offer thin an nih tlangpui avangin misseling a tam em em a, fimkhur erawh a tha hle.
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August 6th, 2009 at 2:05 am
A dik tawk lohna chu… Term insurance a neih tel angai tlat.. MF ah hian a compare tur hi insurance leh Investment in kawp a ni tlat.. Chuvangin term insurance a neih tel ve hian a fair berin ka hrria…
mahse a in thlauh na hi: 968.94 lac anih avang leh, term insurance 20 yrs of 25 lac SA anih vangin… Ontime term insurance rs.22970/- in kan lei thei… Mutual Fund chu ala return tha zawk tho2 e…
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August 6th, 2009 at 2:09 am
Min rawn email don nia i ti na mawlh2 aa.. ka la comment tralh chu le.. Sorry..
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August 6th, 2009 at 2:15 am
lily: I thil sawi chu a dik khawp mai. A upload tu te thiam loh nge open office thiam loh pawh kan hre hrilh lo anih hi. Google spreadsheet ah hian conditional formatting a lo awm ve loh vang anih hmel khawp mai.
A cell B9 a, number of years invested tih ang bawk khian, a comparison ah chuan khimi year pel chin khi chu lo ngaihtuah zui duh tawh suh.
Tin, a spreadsheet a lang inthlau ta lutuk khi chu, a lang lo tur i hmuh vek vang anih khi.
A formula hman pawh hi a duh tan chuan a tih danglam theih vek e. MF ah charge a lo tlem anih pawn, a kum bithliah in column H ah khian a dah belh ve zel theih e.
Return in ang reng a, investment hlawk leh hlawk loh na entir chauh ani, a mimal zir in duh duh khawih danglam phal ani.
Mahse, highlight ngai ve mai mai pakhat chu, entry age khian kawngro a su lutuka , in lo thlak kual chhin dawn nia
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August 6th, 2009 at 2:28 am
Century kan hit der mai. Duhtawk ila changdang kan ila a fuh ang a
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August 6th, 2009 at 2:32 am
term insurance rawn telh ve talh pawh khi ULIP nen a compare nan a hman ani. ULIP = Mutual Fund + Term Insurance. A tha zawk chu tuman an sawi thei lo. A mimal ah a in nghat zawk ani.
Disciplined traders ho chuan mutual fund an la a, disciplined vak lo chuan ULIP an la a, a in ang loh na chu “You pay the price for your convenience”. A return tha zawk hmu tur pawn a mimal ah tho a in nghat.
Period
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August 6th, 2009 at 2:50 am
#101 hi a khar nan chuan a va tha tek tawk em. Mangtha ule
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August 6th, 2009 at 3:10 am
“You pay the price for your convenience” Eimen….
Mihring hi kan lo in anglo khop mai…
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August 6th, 2009 at 4:17 am
I chhut dan chuan performance in ang rau2 ah ani tlat…
Hemi hi ka support lo… MF leh ULIP performance chu hre tur i ni… Risk in ang rau2 ah MF hian a return tha zok…
MF top 10 zingah 30% p.a aia return tlem an om ngailo…
Chutin MF 5 yrs term ah 30% p.a aia return tlem an om ngailo..
I en duh chuan valueresearchonline.com
ULIP ah hia average in 20% p.a return anni a ni…
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August 6th, 2009 at 6:43 am
“I chhut dan chuan performance in ang rau2 ah ani tlat…
Hemi hi ka support lo… MF leh ULIP performance chu hre tur i ni”
A dik chiah. An performance chu inthlau tak tak an awm.
Mahse, a tir atanga ka sawi angin performance inang rau rauah a khoi hi nge long term-ah cost tlem vanga hlawk thei zawk hriat tum kan nia.
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August 6th, 2009 at 7:25 am
Discussion tha tak tak,direct leh indirect te ngaihnawm thei hlawm eeee.
Sum khawl/invest na chang Mizo ten a na chang kan hriat belh zel a, a thiam ten in han sawi zel na zarah a safe deuh te thlan thiam a tul hle.
Policy hi mipui te tan a attractive tur berin an duang a,agent ten aggresive tak a an zawrh theih nan agent tan a hlawk tur in an duang bawk thin.A sum chawitu policy holder (to be)kan fimkhur a ngai a ni ee.
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August 6th, 2009 at 8:24 am
Ban phar meuhin khar ka rawt nawn leh e. In thu atrang hian hlin tur kan hrechiang tawh e.
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August 6th, 2009 at 10:08 am
@mzvision: I zahawm viau na a, keimah zawk hian a tawp chu ka han khar zawk ang e.
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August 6th, 2009 at 10:12 am
kei paw’n sawi tur ka la nei mai thei a nia aw. a post-neitupa nihmanah real last closing chu ka hauh e
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August 6th, 2009 at 10:38 am
ka khar ve duh tho lawm. hi hi
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August 6th, 2009 at 10:03 pm
Hei hi kan belh leh lawk ang e:
Fund Management charges on ULIP: This is a fee charged (as a percentage of funds under management) for managing your investments. It usually ranges from 0.5% to 2% depending on the insurer and the type of fund and is deducted before arriving at the NAV. In other words, NAV figures published by insurers are after deducting the fund management charges from the gross returns earned by the fund. Besides, it’s impact also increases with the rise in the fund value as it is levied on percentage basis on the fund value. However, FMC charges are usually lower in Ulips as compared to mutual funds.
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August 6th, 2009 at 10:05 pm
Chuan hei nen hian:
PU Mzvision-a ULIP leh MF comparison, a costs (a bik takin FMC) chhut dan dik zawka chhutna hei le:
ULIP vs MF
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August 6th, 2009 at 11:19 pm
Tun hnai kum thum chhunga MFs titha zual 10 te average performance hi han en ve mai mai mah teh u:
MFs (Equities):
Highest CAGR amongst Top 10 – 38.67%
Lowest CAGR amongst Top 10 – 22.54
Average CAGR – 26.86%
Source: valueresearchonline.com as on 06/08/09)
Sensex – 14.47%
Average hi 30% chu a ni lo deuh a nih khi.
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August 7th, 2009 at 2:17 am
ka ngaihtuah vak lo na chu hei in thusawi atranga ka lo buai ve na mai mai chu.
1.Lahratla hian Entry load khi 2.25 a tih mai bakah’Regular ( or SIP) taka kum tin Rs Nuai 1 kan dah ziah chuan kum tina kan dah apiang kha new investment anga treat a nih avangin entry load hi charge ziah a ni thin.”a tih laiin
Lily ve thung chuan”Entry load hi one-time charge chiah a ni thin. I kumtin sum dah luh rs.1 lac anih chuan Rs.2250 chiah an charges ang. ahnu lamah Rs. 1 lacs pawh dah leh mahla charges a om tawh lo” ati bawk sia>Tunge dik zawk?
2.Exit load chungchangah lahratla rawn post-ah khian kum 20 chung a ni a.Lily hian a free ngawt lo a ti si a.a free nge free lo?
Chuan ULIP nge tha ta MFs chu….
3.FM a 2.50(recurring expense) a a rawn chhut khian a dik thei tho em?
Tih vel ka lo ngaihtuah ve mai mai a,ka buai tawk ve khawp mai.ka ho khawp mai LOLSSS
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August 7th, 2009 at 8:25 am
Hei hi chuan a mawng a hnawh tawh ngei ang, Pu mz
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August 7th, 2009 at 8:25 am
@taia-pa:
1. Entry load (Maximum 2.5%) awm chi a nih chuan charge ziah tur a ni. Entry load awm lo chi a nih chuan a eng kumah mah (Entry Load) charge a awm lo ang.
Exit Load awm chi-ah chuan engtik hunah pawh i withdraw chuan 1% emaw 2% emaw (an fixed zat zat) kha an cut tawp dawn tihna a ni.
Mahse, entry load awm chi a nih chuan exit load a awm lo ang; chutiang bawkin exit load awm chi a nih chuan entry load a awm lo ve thung ang.
Hriat ve mai mai tur chu entry load leh exit load percentage hi a inan chiah chuan nakina kan khawl ngah theih zat tur an nghawng theih dan a inang chiah chiah ang. Awmzia chu entry load 2.25% leh exit load 2.25% in nghawng a neih dan hi a inang reng.
Exit Load tawp bakah hian investor-tena exit load sawi nana an hman pawlh fo thin a awm a. Chu chu CDSC (contingent deferred sales charge) a ni a. A charge theihna hun an biktuksa chhunga withdraw chauha lak thin a ni. Entirnan, a tir thla 6 hmaa withdraw chuan 1% cut tur, thla 6-12 inkar withdraw chuan 0.5% cut tur tihte a awm thin. Heng hi CDSC chu a ni e. Tin, hei hi Pu Lily-a rawn point out pawh kha a nih hmel.
Regulator SEBI-in entry load tihtawp vek tuma hma a lakna zarah August 1, 2009 atang khan eng Mutual Fund scheme-ah mah entry load (initial charge) lak a ni tawh dawn lo.
Entry load an lak theih tawh dawn loh takah chuan AMC-hoin tunah hian exit load an san chho tan mek. Tuna chinah chuan exit load hi eng MF scheme-ah pawh a awm ngei ngei vek tawh ka ring. Entirnan, a hmaa a tir thla 6-12 inkara 0.5% charge thin te khan 1% an cut tawh dawn a, Tin, kum khat a ral tawh chuan exit load awm miah tawh lo thin te kha tunah chuan kum 2 a ral hma chuan 1% cut tur etc. tih velten tunah hian AMCs tam takin an exit load structure an ennawn ta chur chur mai le.
3. FMC ka chhut dan khi chhut dan tik tak a ni e.
Tin, entry load awm lo chi-a ka chhutna chu Comment #112-ah khian download theih maiin ka chhawpchhuak e.
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November 18th, 2011 at 9:22 am
seguro,seguros,seguro coche,seguro de coche…
[…]ULIP vs Mutual Fund + Term Insurance | mi(sual).com[…]…
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