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                Investment Plans

                ₹10K/m invested since 2005
                would have been ₹2.59Cr.#^Now

                Understanding the meaning of Investment is important as it will help you make informed choices. People invest with the intention of allo
                wing their money to grow. The wealth generated can be used to fulfil various financial goals like repayment of loans, purchase of other assets, etc.
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                High Growth Fund
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                Smart Innovation Fund#^
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                ₹10K/m invested since 2005
                would have been ₹2.59Cr.#^Now
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                Understanding the meaning of Investment is important as it will help you make informed choices. People invest with the intention of allo
                wing their money to grow. The wealth generated can be used to fulfil various financial goals like repayment of loans, purchase of other assets, etc.
                ...Read More

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                Written by

                Kriti Arora
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                Kriti Arora

                Insurance Writer

                Kriti is a content marketing and branding expert with more than 13 years of rich experience across BFSI and Telecom industries. She is currently leading Digital Creative Strategy for Axis Max Life insurance.

                :

                Reviewed by

                Bhaskar Sinha
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                Bhaskar Sinha

                Insurance Expert

                8+ years of experience in Life Insurance with expertise in Developing Life and Health Products, Digital Sales, Conducting effective trainings and Key Account Management.

                What is an Investment Plan?

                Investment Plans are essentially financial instruments that help create sustainable wealth for the future. Various investment plans in India enable us to invest our savings into different money-market products in a disciplined and periodic manner to achieve our financial goals.

                Overall, investment plans provide the much-needed advantage of maximizing our savings through systematic, long-term investments and create wealth for the future. The first step towards having the investment plan in India is to assess your risk profile and financial needs, and then choose an investment plan that aligns with your needs.

                30 Best Investment Plans in India 2025

                Currently, prospective investors in India are spoilt for choice if they decide to seek out investment plans that suit their unique financial needs. Below is a list of 30 popular investment options in India along with their tax benefits, wherever applicable:

                1. Public Provident Fund (PPF)

                This government-backed scheme features minimal risk and provides assured returns to the investor. Public Provident Fund (PPF) account matures in 15 years and investments made into the account provide tax benefits u/s 80C up to the cumulative limit of Rs. 1.5 lakh annually. Additionally, the interest earned and maturity amount of PPF is also tax exempt.

                2. Voluntary Provident Fund (VPF)

                Salaried individuals who have a EPF account can make additional contributions into the account via VPF. Voluntary Provident Fund (VPF) investments offer assured returns at the same rate as the underlying EPF account. VPF investments are eligible for tax benefits u/s 80C up to the cumulative limit of Rs. 1.5 lakh annually. The maturity of this investment is tied to the maturity of the underlying EPF account

                3. Unit Linked Insurance Plans (ULIPs)

                Unit Linked Insurance Plans (ULIPs) are life insurance cum investment instruments that provides the dual benefit of life cover along with wealth creation. Suitable for investors with different risk appetites depending on the investment fund chosen, one gets Section 80C tax benefits up to Rs. 1.5 lakh annually on investment along with Section 10 (10d) benefits at maturity.

                4. Equity Linked Savings Schemes (ELSS)

                Equity Linked Savings Schemes (ELSS) is a type of equity-oriented mutual fund that features a 3-year lock-in period and provides market-linked returns to the investors. ELSS investments are eligible for Section 80C benefits up to the Rs. 1.5 lakh cumulative limit. However, redemption proceeds are taxable as per applicable mutual fund taxation rules.

                5. National Savings Certificate (NSC)

                National Savings Certificate (NSC) is a government-backed small savings scheme that matures in 5 years. This is a low-risk investment that provides assured returns that are locked-in at the time of investment. The initial NSC investment and interest earned for first 4 years qualify for Section 80C tax benefits, however, maturity proceeds of this instrument are taxable.

                6. 5 Year Tax Saver FD

                Tax Saving FDs can be opened at various banks and in most aspects they are similar to other types of bank fixed deposits. Tax saving FDs mature in 5 years and the interest rate is locked in at the time of making the initial deposit. The investment qualifies for Section 80C tax benefits up to Rs. 1.5 lakh annually. The interest earned at maturity is taxable and subject to TDS as per applicable tax rules.

                7. Senior Citizens Savings Scheme

                This investment instrument is currently only available to senior citizens and those who are planning to retire soon. Senior Citizens Savings Scheme investment account provides fixed returns making it a predictable low risk investment suitable for providing regular income post-retirement. Additionally, both the initial investment made and the interest earned are tax-free.

                8. Sukanya Samriddhi Yojana

                Sukanya Samriddhi Yojana available to parents of a girl child, this tax saving investment options offers Section 80C benefits on the amount invested and the maturity proceeds received after the girl child reaches 21 years of age are also tax free

                9. Kisan Vikas Patra

                This government-backed scheme doubles your investment after a pre-determined period based on the prevailing interest rate. The interest rate is subject to periodic revision by the Ministry of Finance. Kisan Vikas Patra currently does not offer any tax benefits, so the maturity amount and interest earned from this investment are subject to tax

                10. Mahila Samman Yojana

                A relatively recent short-term scheme backed by the government, this investment account can only be opened in the name of a woman or girl child. The maturity period is 2 years and there is no tax benefit of this investment plan.

                11. Child Plans

                Child Plans sold by life insurance companies provide Section 80C tax benefits and their maturity amount is also eligible for benefits under Section 10 (10d) of the Income Tax Act, 1961. Unlike Sukanya Samriddi, these plans are available to parents of both male and female children without restrictions.

                12. Pension Plans

                These long-term investment plans sold by life insurance companies are designed to provide regular income post retirement through monthly pension. Investments made into these schemes offer tax benefits u/s Section 80CCC up to the cumulative Section 80C limit of Rs. 1.5 lakh annually. The pension income is however taxable as per the income tax slab rate of the individual.

                13. National Pension System (NPS)

                National Pension System (NPS) allows subscribers to get market linked returns and create a corpus for retirement. Self-contributions into the NPS Tier 1 account allow tax deduction benefits of up to Rs. 2 lakh annually under Section 80C and Section 80CCD (1b)

                14. Atal Pension Yojana (APY)

                APY is a government-backed scheme that is overseen by the PFRDA (Pension Fund Regulatory and Development Authority). APY is primarily designed to provide regular guaranteed pension of Rs. 1000 to Rs. 5000 per month to individuals who are working in the unorganised sector. As per current tax rules, APY investments are eligible for tax deduction of up to Rs. 2 lakh annually under the old tax regime similar to NPS.

                15. Fixed Deposit (FD)

                Fixed Deposit (FD) have been a popular assured return investment option in India for decades now. While returns from this investment is predictable, only tax saver FD offer tax benefits to the investor. Other FDs including post office savings schemes do not offer tax benefits and their returns are also taxable.

                16. Recurring Deposit (RD)

                Recurring Deposit (RD) allow small investments to grow into a large corpus over time by allowing investors to benefit from the power of compounding. The interest rate offered by RDs is comparable to FDs of similar tenure. However, as per current tax rules there are no tax benefits of investing in recurring deposits.

                17. Equity Mutual Funds

                Equity Mutual Funds is a type of mutual fund that primarily invests in domestic equities and equity instruments. These can provide market-linked returns that have the potential to beat inflation in the long term, however only ELSS currently offers tax benefits to investors. So, in the case of other equity funds, returns are taxable as per applicable capital gains tax rules.

                18. Direct Equities

                This allows investors to benefit from market-linked growth of shares that are traded on the stock market, however gains are subject to short term and long term capital gains tax rules.

                19. Exchange Traded Funds (ETFs)

                Exchange Traded Funds (ETFs) are a unique type of mutual fund that can be traded on stock exchanges similar to equity stocks. ETF can provide market-linked returns to investors however, currently they do not offer any tax saving benefits

                20. Physical Gold (Bullion)

                Physical Gold (Bullion) in the form of jewellery, coins and bars, has been a popular investment choice since ancient times. While this investment can serve as a hedge during periods of uncertainty, there are no tax benefits of making these investments.

                21. Gold Funds, Gold ETFs and Digital Gold

                These offer investors multiple ways to invest in and benefit from gold without having to worry about storing the physical gold. These also do not offer any tax deduction benefits to investors.

                22. Sovereign Gold Bonds (SGB)

                SGB are Government of India backed bonds that are benchmarked to the price of gold in India. While these bonds offer an excellent way to diversify investment through exposure to gold in a cost-effective manner, no tax benefit is available from these.

                23. Real Estate and Real Estate Investment Trusts (REITs)

                Residential or commercial property can be a smart investment choice for the long term. However, physical properties do come with significant initial costs and recurring costs related to maintenance. An alternative to purchasing physical properties is the purchase of Real Estate Investment Trusts (REITs) units, which require relatively less initial investments but can generate passive income in the long term. As per existing rules, there are no tax benefits for making these investments.

                24. Debt Funds

                Debt Funds are a category of mutual funds that primarily invest in debt and money market instruments such as corporate bonds, Government Securities (G-Secs), Treasury Bills (T-Bills), Certificate of Deposits (CDs), etc. While these are considered less volatile as compared to equities, currently debt fund investments do not offer any tax saving benefits.

                25. Hybrid Funds

                Hybrid Funds are allowed to invest in both equity stocks and debt instruments. These schemes offer investors superior downside protection compared to pure equities and have the potential to give better long-term returns compared to debt schemes. But, as per current taxation rules, hybrid schemes do not offer any tax benefits on investments made and their returns are also subject to capital gains.

                26. Bonds

                Bonds are fixed return instruments that are traded on bond markets. Bonds may be issued by various entities such as State Governments, Central Governments, financial institutions, private corporations, etc. As bonds are pure debt instruments they are typically impacted by changes in market interest rates. However bonds tend to be less volatile as compared to equities. Under current tax rules, bonds do not offer any tax deduction benefit on investments and returns from these investments are also taxable as per applicable Capital Gains Tax rules.

                27. Silver ETFs

                Silver, though less popular as an investment compared to gold, is a precious metal that is traded on designated commodities exchanges. Relatively recently, exchange traded funds or ETFs that feature physical silver as the underlying asset have emerged as an investment choice for retail investors in India. This is a completely digital investment that can be bought and sold on the stock market, but its returns are primarily dependent on the price of silver. As per current tax laws, Silver ETFs do not offer any tax benefits to investors.

                28. Infrastructure Investment Trusts (InvITs)

                Infrastructure Investment Trusts or InvITs are a type of alternative investment that feature the assets and revenues generated by infrastructure projects such as highways, bridges, etc. as the underlying asset. Through InvITs, investors can easily access the economic benefits of new and current infrastructure projects by potentially earning regular returns from the revenue generated by these projects. InvITs units are listed on stock exchanges and can be traded similar to equity shares, however, as per current tax rules, there are no tax deduction benefits of investing in InvITs.

                29. Treasury Bills

                Treasury Bills, also known as T-Bills, are Government of India-backed debt instruments that are issued by the Reserve Bank of India (RBI). T-bills typically mature within 1 year of issue, hence can be purchased by individual investors in India seeking short-term investments options. While the risk of these investments is considered a very low, as per current tax rules, these investments are not eligible for any tax deduction benefits. Additionally, the returns from T-Bills are also taxable as per applicable capital gains tax rules.

                30. RBI Bonds

                RBI Bonds also known as RBI floating rate savings bonds are a type of debt-oriented scheme issued by the Reserve Bank of India and featuring the sovereign guarantee of the Government of India. Unlike many other types of bonds, these floating rate bonds can undergo a change in coupon rate every 6 months. Featuring a maturity period of 7 years, these are considered as a low-risk investment due to Government of India’s sovereign guarantee. As per current tax rules, there is no tax benefit of making this investment and returns are subject to applicable capital gains tax rules.

                Factors to Consider While Choosing Investment Plans

                Monetary Goals

                The first thing to consider before choosing an investment plan is your monetary goals, both long-term and short-term. These goals can be anything from marriage and education to international trips and new smartphones and keeping such financial goals will help you make an informed decision. For instance, if you want to save up for an upcoming trip to your favorite foreign destination, then a recurring deposit or post office deposit might be amongst the best investment scheme for you.

                Planned Upcoming Expenses

                If you’re looking for an investment plan in India, an important step is figuring out your planned future expenses such as your child’s marriage and education or buying a home. Doing so will give you a better idea of how much you need to invest now to get sufficient returns later that can fulfill any upcoming expenditure.

                Present Expenses

                Evaluating your present-day expenses is an essential part of looking for the best investment scheme. For instance, if you have no major expenses such as house rent then you can save or invest more for the long run. However, if you have certain monetary obligations that don’t let you save much, then investing in an investment plan with high returns will be more beneficial.

                Financial Dependents

                When buying an investment plan in India, most people don’t take their financial dependents into consideration. However, doing so is important as you need to have an investment or savings pool that will be sufficient for the monetary goals of your dependents as well. For instance, if you only have two children who are dependent on you, then you might not need to invest as much a someone who also has their parents, siblings, and kids to take care of.

                Explore Axis Max Life Investment Plans

                  Understanding Risk and Return in Investment Plans

                  Risk and return are two important concepts to consider when evaluating investment plans. Risk refers to the potential for loss of capital, while return is the gain or loss on an investment over a period. In general, investment plans with higher potential returns also carry a higher level of risk. For example, stocks tend to have a higher potential return than bonds, but they also tend to be more volatile and therefore carry a higher level of risk. It is important to understand your risk tolerance and consider both the potential return and the potential risk of an investment before deciding.

                  Short Term Investment Plans

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                  Investment Plan for 1 Year

                  If you prefer short-term investments, a locking period of even 3 years can seem like a long time. However, there are many investment plans of 12 months that can also help you steer clear of market risks. Here are some prime investment schemes for short-term you can consider:

                  • • Recurring Deposits
                  • • Fixed Maturity Plan
                  • • Post Office Deposits
                  • • Arbitrage Funds
                  • • Debt Fund
                  • • Fixed Deposits
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                  Investment Plan for 3 Years

                  A common variation of short-term investment plans is 3-year investment schemes, and these are best suited for those who want high returns in a short span of time. Here are a few options you can take into account:

                  • • Liquid Funds
                  • • Fixed Maturity Plan
                  • • Recurring Deposits
                  • • Savings Account
                  • • Arbitrage Funds
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                  Investment Plan for 5 Year

                  Although 5 years is a long time, a 5-year investment plan in India is typically considered as a short-term investment with low market risks. However, the returns of a 5-year investment scheme are much higher compared to other short-term investments. So, here are some options you can evaluate:

                  • • Savings Account
                  • • Liquid Funds
                  • • Post Office Time Deposit
                  • • Large Cap Mutual Fund

                  Long Term Investment Plans

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                  Investment Plans for Long Term

                  An investment that is held for a period of 5 years or longer is termed as a long-term investment. Staying invested longer ensures that investors get the most from the power of compounding. Some financial goals that require long-term investments include retirement, children’s education expenses, purchase of property, etc. Some long-term investment options to consider include:

                  • • Unit Linked Insurance Plans
                  • • Equity Mutual Funds
                  • • Fixed Deposits
                  • • Public Provident Fund
                  • • National Pension System
                  • • Voluntary Provident Fund

                  Benefits of Investment Plans

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                  Wealth Creation

                  Investment plans can help you build wealth without worrying about life’s uncertainties. As an investor, you can choose from the investment options in India depending upon your risk tolerance, expected returns and amount available for investment.
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                  Sustainable Financial Protection

                  Having different investment plans in your portfolio will help you avail of significant returns on your investments. At maturity, you will receive the returns with profit in your pocket. This way,you can avail of long-term financial security for yourself and the family.
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                  Death Risk Coverage (Unit Linked Insurance Plans)

                  ULIP Investment plans (such as Axis Max Life online saving plans) offer death risk coverage options. By investing in these investment plans, you can be sure that your loved ones remain financially secure, even in your absence.
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                  Retirement Savings

                  You can invest your savings in some of the investment options in India, to create a corpus that will serve as a source of income post-retirement.
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                  Flexibility

                  With the different investment plans available today, you can avail of the flexibility of selecting the investment amount and its tenure based on your goals and timelines.
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                  Tax Saving Benefits

                  Investment plans such as ULIPS, online savings plans, and Equity Linked Savings Schemes (ELSS) provide opportunities for wealth accumulation through market-linked returns. At the same time, these investment plans also offer significant tax saving benefits4 under Section 80C of the Indian Tax Act 1961. Under these two sections, both the premiums payable and the insurance payouts are tax-deductible, and Tax exempted, respectively.

                  What are the Types of Investments?

                  While choosing between the best investment plans with high returns, considering the risk associated with these investment plans is crucial. For investment plans, their risk can be depicted as the possibility or probability of the asset either performing below-expectation or experiencing a permanent loss of value.
                  Based on the associated risk, thus, different investment plans are broadly classNameified into three categories, as depicted below:

                  image Low-risk-investment-icon

                  Low-Risk Investment

                  As the name suggests, low-risk investment plans are those in which the element of risk is approximately zero. In other words, low-risk investment plans tend to provide stable and reliable, growth of value, but minimal losses. Given below is the list of top investment options that can be taken into consideration.

                  1. Sukanya Samriddhi Yojana

                  Sukanya Samriddhi Account is gaining popularity as one of the best investment plans in India for the girl child. If you have a girl child, this Yojana aims to facilitate corpus creation for the girl child. You can open a Sukanya Samriddhi Yojana account at both commercial banks and post offices. Furthermore, you can avail of significant tax savings4 under Section 80C of the Income Tax Act 1961.

                  2. Public Provident Fund (PPF)

                  Public Provident Fund (PPF) is one of the best investment options in India, considering the array of benefits it provides. If you are a salaried individual, PPF can offer many advantages. While the interest income on PPF is not taxable, you can also avail of tax deductions under Section 80C of the income tax 1961.

                  3. Post Office Monthly Income Schemes

                  Generally regarded as one of the best plans for investment, post office monthly income scheme is most suitable for-risk-averse individuals who are looking for low-risk investment plans with decent returns. Here, you must understand that while the income from post office monthly income schemes is fully taxable, the monthly income plans do not attract Tax Deduction at Source (TDS.)

                  4. Government Schemes For Senior Citizens (SCSS)

                  An undertaking of the Indian government, a senior citizen scheme that enables savings – SCSS, is widely regarded as one of the best investment options in India for a variety of reasons.

                  First, the scheme offers significant financial security for senior citizens. Secondly, the interest rate for this scheme is decided by the government every quarter. You can open an SCSS account at post offices and any nationalised banks.

                  5. Tax Saving FD’s

                  Tax saving fixed deposits (FDs) are considered by many as one of the best investment scheme and investment plans in India because it provides significant tax savings4 benefits under Section 80C and can help you lower your overall tax liability.

                  6. Sovereign Gold Bonds

                  Sovereign Gold Bonds (or SGBs) are issued by the Reserve Bank of India and backed by the Indian government. Essentially, SGBs are securities that serve as an alternative to holding physical gold and are denominated in units of gold (grams). At the time of maturity, you can redeem these bonds in cash, which makes SGBs, one of the best investment options in India.

                  7. Life Insurance

                  Savings and Income plans and protection plans are two categories of life insurance that come under the low risk category. There is no identifiable investment component in such life insurance plans, i.e. these insurance plans do not offer market-linked returns. Instead, these life insurance plans serve as a robust financial safety net for your family and efficient protection against life’s uncertainties.

                  8. Bonds

                  Bonds are certificates of your lending money to the issuer at the said interest rate. The interest on each bond could be paid to you regularly, and in the end, the face value is returned. Alternatively, you can also sell the bond before expiry if you need it. Bonds are regarded as one of the best investment options in India because of their relative safety.

                  image High-risk-investment-icon

                  High-Risk Investment

                  As the name suggests, high-risk investment plans are suitable for investors whose primary focus is on having long-term capital growth. Meanwhile, most high-risk investment plans tend to incur substantial fluctuations but provide opportunities to create significant possible returns in the long-term. Examples of high-risk investment plans include:

                  1. Direct equities

                  Equities offer risk-taking investors the chance to achieve their financial goals. While every asset is essential in its peculiar way, equities have a proven track record over the long-term, vis-à-vis other assets. In an equity investment, thus, you can buy a share of the ownership in a company, which entitles the investor to the gains and losses of the business.

                  2. Unit Linked Insurance Plans

                  ULIPs or unit-linked insurance plans are generally regarded as one of the best investment options in India because they offer both life insurance and investment returns benefits. Not just this, they also offer you option to move your money between high risk, medium and low risk. This is so because it allows you to invest your money in a mix of various fund options. While part of the premium amount is allocated to a variety of fund options (based on your investment objectives and risk profile), the remaining portion is used to provide the much-needed insurance coverage.

                  Overall, ULIPs are essentially life insurance plans that offer an additional feature of investing your money in different money-market linked assets based on your goals. Thus, ULIPs are another route to invest in a professionally managed portfolio of equities or bonds. The benefit of investing in a bond fund through ULIP is that as per the prevailing tax laws, you may enjoy tax deduction under section 80C subject to fulfilling conditions therein.

                  ULIPs offer a clear classNameification of risk categories, where you can pick up the higher risk fund for the long-term goals. You can gradually shift to lower-risk investments as your investment nears maturity.

                  3. Mutual Funds

                  A mutual fund is formed when money is collected from different investors and invested in a company’s stocks or bonds. Typically, a mutual fund is shared by thousands of investors and is managed collectively to earn the highest possible returns. The person driving the mutual fund is a professional fund manager.

                  Mutual funds offer diversified investment with lower investment corpus in any or multiple asset classNamees. For example, you can invest in a pure equity fund, a debt fund or a hybrid fund investing in both stocks and bonds.

                  Mutual funds may offer various risk category funds based on the type of stocks or bonds they are investing into. Index funds are considered the safest fund category among equity funds, whereas Gilt funds are the safest bet among the debt categories.

                  image Medium-risk-investment-icon

                  Medium-Risk Investment

                  As the name suggests, medium or moderate risk investments comprise investment plans that serve as diversified or balanced investments. Investment plans with a moderate risk profile provide not only the potential for growth but also willingness to accept a certain level of market volatility. Most medium risk investment plans help diversify your investment portfolio through a mix of equity and debt instruments to generate stable returns without taking any huge risks. Examples of medium risk investment plans include:

                  1. Hybrid debt-oriented funds

                  2. Arbitrage funds

                  3. Monthly Income Plans

                  When should you start Investing in Investment Plan?

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                  Every one of us has a set of goals that we strive to achieve in our lifetime. In today’s day and age, however, we cannot rely on our savings only.It is through investment plans that we can create a robust financial portfolio to realise these goals.

                  To fulfil your goals of affording a home or securing your retirement financially, it is crucial that you identify the best investment plan that will help you grow your money over time. Therefore, you need to have a goal and a tentative timeline to achieve in mind before you start investing in any of the best investment plans with high returns. Remember, once you have a goal in sight, you need to start investing as soon as possible – doing so will help you streamline the process.

                  Why should you Invest?

                  calculators-for-you.webpimage calculators_for_you_663d95d94c

                  If you are a salaried or self-employed individual, you must remember that you cannot achieve your goals with only your savings – you need to maximize your savings and create wealth through investment plans. To build wealth, you must invest your money in some of the best investment options with high returns.

                  If you do not invest, the chances are that you will miss out on opportunities to maximize your financial worth and wealth-building potential. While you have the risk of losing money through investment plans, you have a much higher potential to gain significantly – provided you invest wisely and on time.

                  How to Choose an Investment Plan for yourself?

                  image how_to_choose_investment_plan_5ef1eefc81_11zon_bf42e70852

                  Here is how you can choose the right investment plans from the best investment options in India:

                  ● Assess your financial needs and goals
                  ● Calculate your investment timeline to achieve each goal
                  ● Build a strategy by incorporating the right insurance +investment policies that align with your goals
                  ● Diversify your portfolio – You might have invested your money in a single investment plan, but go for multiple investment and insurance plans
                  ● Know about different charges levied on different investment schemes
                  ● Review your investment plans periodically

                  Documents Required to Buy Investment Plans

                  To purchase the insurance + investment plans in India, you need to produce the following documents as proof for KYC verification:

                  1) Proof of Income

                  2) Proof of Address

                  3) Proof of Identification

                  4) Proof of Age

                  1. Officially Valid Documents (Any of these)

                  • Passport

                  • Voter’s ID

                  • Job card issued by NREGA duly signed by an officer of the State Government

                  • Aadhaar Card

                  • National Population Register containing details of name, address and Aadhaar number

                  • Or any other document as notified by the Central Government

                  2. In addition to the Officially Valid Documents

                  • PAN Card/Form 60

                  3. In case Officially Valid Documents does not contain updated address

                  • Utility Bill (Not more than two months old) of any service provider (electricity, telephone, postpaid mobile connection, piped gas, water)

                  • Property or Municipal Tax Receipt

                  • Pension or family pension payment orders (PPOs) issued to retired

                  • Employees by Government Department or PSUs, if they contain the address

                  • Letter of allotment of accommodation from employer issued by State or Central Government departments, statutory or regulatory bodies, PSUs, scheduled commercial banks, financial institutions and listed companies

                  5) Income Proof

                  For Salaried Individuals (Any one)

                  • Bank statement showing salary credit for latest 3 months

                  • Latest 2 years Income Tax Returns

                  • Latest year Form 16

                  For Self Employed (Any one)

                  • Latest 2 years Income tax returns not filed in same year along with Computation of income

                  • If computation of income not available: Latest 3 years Income tax returns not filed in same year

                  • CA certified Audited balance sheet and profit loss account for latest 2 years

                  • Form 26 AS

                  Investment Plans FAQs

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                  What are some good investment options in India?

                  The following investment options can be considered among the best investment plans in India:

                  1. Unit Linked Insurance Plans (ULIPs)
                  2. Monthly Income Plans
                  3. Public Provident Funds (PPF)
                  4. Mutual funds
                  5. Sukanya Samriddhi Account
                  6. Senior Citizen Savings Scheme (SCSS)
                  7. Tax saving Fixed Deposits

                  Which investment gives the highest return?

                  The investment plans with potentially high returns in India are equities and large-cap mutual funds. Before you invest in these investment plans, however, it is advisable that you consult your financial advisor and seek their help in investing and managing your investment portfolio.

                  Is automatic investing (automatic fund allocation) a good idea?

                  Many investment plans, including ULIP plans, allow you to go for automatic investments of your choice. While in ULIP, it happens with the help of automatic transfer of money from one fund to other, other investment plans automatically allocate your money into your investment account and ensure that your money is not lying idly in your bank savings account but is already put to work of accumulating returns. automatic investments help reduce discretionary spending and enable us to achieve our financial goals much faster.

                  How do you withdraw from investments?

                  You can choose to make partial/systematic withdrawals from your investment plans. Herein, you can redeem a fixed amount at a particular frequency. You may also choose to withdraw a lumpsum amount by making a redemption request, based on your requirement. Most investment plans have minimum withdrawal amounts and some even have a minimum lock in period specified in their respective disclosure documents.

                  How much can I withdraw from my investments?

                  You can choose to make systematic withdrawals from your investment plans. Most investment plans have minimum withdrawal amounts specified in their respective disclosure documents. Thus, you can redeem a fixed amount from your investments at a pre-decided frequency.

                  What investment funds are offered under the Investment Plan?

                  The primary purpose of all investment plans and income funds is to provide a regular and steady income to you (as an investor.) or to provide a lumpsum amount at the end of policy term. In ULIPs and in some other investment options, there is an array of funds that once can choose from when it comes to Investing money. The risk, however, depends on the nature of fund chosen and market situations.

                  Is buying gold a good investment?

                  Experts advise that gold should be an indispensable part of your diversified investment portfolio, because the price of gold increases, in response to instances wherein the value of paper investments, such as bonds and stock tends to decline. While gold prices can sometimes be volatile in the short term, gold has always maintained its valuation over the long term.

                  How can I start investing in my early 20s?

                  Here is how you can start investing in your early 20s:

                  1. Start building an emergency fund
                  2. Determine your investment goals
                  3. Make contributions in a PPF (Public Provident Fund) Account or NPS (National Pension Scheme)
                  4. Start saving for your retirement
                  5. Keep short-term savings accessible
                  6. Invest a portion of your savings into long-term investment opportunities

                  What is the safest investment with the highest return?

                  Unit Linked Insurance Plan (ULIPs) are often considered as one of the investment plans in India. The biggest reason is that these plans offer a complete flexibility to transfer your money from high risk to low risk funds, without surrendering the plan. Moreover, the ULIP plans offer both life coverage and significant investment returns. Moreover, the ULIPs also provide comprehensive tax-saving benefits on both premium paid and insurance proceeds under Section 80C and 10(10D), respectively. Under a ULIP plan, a portion of the premium paid is invested in market-linked equity and debt instruments, while the remaining issued to provide insurance coverage.

                  What are the a few types of investments?

                  Different investment categories in India are follows:

                  1. Equity Investments
                  2. Fixed Income or Debt Investments
                  3. Direct Investment Instruments (such as bonds and stocks)
                  4. Indirect Investment instruments (such as mutual funds, and ELSS)

                  What are the modes of investment?

                  The different modes of investment or asset classNamees are as follows:

                  1. Equity Stocks
                  2. Debt or Fixed Income Securities
                  3. Balanced Funds – A flexible mix of Equity and Debt securities
                  4. Liquid Funds

                  What is a Fixed Deposit?

                  A Fixed Deposit (FD) is a type of bank savings/investment account, which promises to pay a fixed rate of interest to you (as an investor). In return, you agree not to access or withdraw your invested funds for a specific period. For FD investments, the interest is only payable at the end of the investment period. Furthermore, since the investment tenure and the rate of interest are fixed, you can quickly determine the interest you will earn once the tenure of any fixed deposit investment culminates.

                  What is Provident Fund?

                  Provident Fund is a compulsory, government-managed retirement savings scheme. Under the Provident fund, employees agree to contribute a portion of their savings each month towards their pension fund. In time, the saved amount gets accrued, and you can withdraw the amount as a lump sum, either at the end of your employment or at retirement. The amount from your Provident Fund savings serves as a source of substantial income post-retirement.

                  How can I save money from my salary?

                  Here are a few tips to save money from your salary:

                  1. Make a budget to start saving immediately
                  2. Determine your financial goals
                  3. Maximize tax savings4 under Section 80C
                  4. Opt for the right insurance (such as life insurance, health insurance, and critical illness insurance)
                  5. Build an emergency fund

                  How to get maximum returns from the fixed deposit?

                  When you invest in a Fixed Deposit account, you have the flexibility to choose an investment tenure (or “term”). When you select a term, you commit to put your money away (in your FD account) for the complete tenure and avoid accessing or withdrawing it for the period mentioned above. To get maximum returns from your fixed deposit investments, it is prudent that you invest your savings for the maximum possible tenure (FD terms usually range anywhere from one month to five years.)

                  How Much Money Do I Need to Retire at The Age of 55?

                  If you plan to retire by the age of 55, then you need to have savings that are at least 15 to 20 times your annual income. For instance, if your yearly income is Rs10 lakhs then your savings and investments should be close to Rs 1.5 to 2 crores.

                  How Can I Double My Money in 5 Years?

                  Those who want to double their money in 5 years can consider the following investment plan in India:

                  • National Savings Certificate
                  • Fixed Deposit
                  • Public Provident Fund
                  • Stock Market
                  • Tax-Free Bonds
                  • Gold EFTs
                  • Mutual Funds
                  • Non-Convertible Debentures

                  Are Investment Plans Risk-Free?

                  Every investment plan in India comes with some amount of risk, especially in cases where the returns are entirely dependent on the market fluctuations. However, savings accounts, fixed deposits, public provident funds, recurring deposits, post office schemes, and non-equity mutual funds are some of the low-risk and some of the best investment scheme in India.

                  What Are SIP Investments?

                  Systematic Investment Plans, popularly known as SIPs, are one of the best investment schemes you can consider. A SIP allows you to invest a fixed small amount in mutual funds at regular intervals, helping you build a financial corpus for the future. To estimate the value of your future investment corpus, you don't need to be a mathematical genius. All you need to do is to use an online SIP Calculator.

                  What Are Examples of Short-Term Investments?

                  Here are some examples of some of the best investment scheme for short-term:

                  • Savings Account
                  • Liquid Funds
                  • Recurring Deposit
                  • National Savings Certificate
                  • Fixed Deposit
                  • Money market fund

                  What Are Examples of Long-Term Investments?

                  Here are some examples of long-term investment plan in India:

                  • National Pension Scheme
                  • Unit Linked Insurance Plan
                  • Fixed Deposit
                  • Equity Funds
                  • Mutual Funds
                  • Stocks
                  • Bonds
                  • Post Office Savings Scheme

                  How Much Does the Average Person Have in Savings?

                  An average person should have at least 15 to 20 times their annual income in savings so they can manage both household and emergency expenses efficiently.

                  Who Should Invest in Savings Plan?

                  Anyone above the age of 18 years can and should invest in a savings plan in India. The sooner you start investing, the better as you can accumulate a large sum over time and get higher returns.

                  What is Partial Withdrawal?

                  Some of the investment plan in India come with the option for partial withdrawal, which means that the policyholder can withdraw a part of the fund during the plan’s tenure.

                  How Can I Pay the Investment Plan Premiums?

                  Today, paying premiums for an investment plan is as easy as it gets as all you need to do is visit the insurance company’s website and you can pay the premium online. However, if you wish to pay the premium by cash or cheque, you can visit the insurer’s office or branch near you.

                  ARN NO: PCP/IP/050623

                  1The assumed rate of return (4% p.a. and 8% p.a.) shown in the illustrative example are not guaranteed and they are not the upper or lower limits of what you might get back as the value of your policy depends on a number of factors including future investment performance | The amount shown is for 30-year-old healthy male, 15 years premium payment term, 30 years policy term with Axis Max Life Online Saving Plan (Unit Linked Non Participating Individual Life Insurance Plan | Life Insurance is available in this product)

                  Sources:

                  www.nsiindia.gov.in/InternalPage.aspx?Id_Pk=89

                  www.nsiindia.gov.in/InternalPage.aspx?Id_Pk=55

                  www.indiapost.gov.in/Financial/pages/content/post-office-saving-schemes.aspx

                  www.nsiindia.gov.in/InternalPage.aspx?Id_Pk=134

                  www.incometaxindia.gov.in/Pages/tools/deduction-under-section-80c.aspx

                  www.rbi.org.in/Scripts/NotificationUser.aspx?Id=11865&Mode=0

                  www.rbi.org.in/Scripts/FAQView.aspx?Id=79

                  economictimes.indiatimes.com/wealth/invest/top-10-tax-saving-investments-returns-ranking-pros-cons/elss-mutual-funds/slideshow/90228840.cms

                  economictimes.indiatimes.com/wealth/tax/best-tax-saving-options-comparison-of-10-investment-options/articleshow/96805180.cms

                  www.etmoney.com/tax-saving

                  www.investopedia.com/terms/r/riskreturntradeoff.asp

                  www.wallstreetmojo.com/risk-and-return/

                  www.investor.gov/additional-resources/information/youth/teachers-classroom-resources/risk-and-return

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                  BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS

                  IRDAI clarifies to public that:
                  • • IRDAI is not involved in activities like selling insurance policies, announcing
                    bonus or investment of premiums.
                  • • Public receiving such phone calls are requested to lodge a police complaint.

                  IRDAI - Registration No. 104. ARN/Web/13122024 Category: Life. Validity: Valid.
                  Corporate Identity Number (CIN): U74899PB2000PLC045626.
                  Corporate Office: Axis Max Life Insurance Ltd. 11th Floor, DLF Square, Building, Jacaranda Marg, DLF Phase 2, Sector 25, Gurugram, Shahpur, Haryana 122002

                  DISCLAIMERS

                  Axis Max Life Insurance Limited (earlier known as Max Life Insurance Company Limited) is a Joint Venture between Max Financial Services Limited and Axis Bank Limited.

                  Corporate Office: Axis Max Life Insurance Ltd. 11th Floor, DLF Square Building, Jacaranda Marg, DLF City Phase II, Gurugram (Haryana) - 122002.

                  Operation Center: Axis Max Life Insurance Ltd, Plot No. 90C, Udyog Vihar, Sector 18, Gurugram (Haryana) - 122015.

                  Customer Helpline: 1860 120 5577 (9:00 A.M to 6:00 P.M Monday to Saturday) * Call charges apply.

                  Online Helpline - 0124 648 8900 (09:00 AM to 09:00 PM Monday to Saturday).

                  Fax Number: 0124-4159397.

                  Email ids: service.helpdesk@axismaxlife.com

                  Website: www.axismaxlife.com

                  Axis Max Life Insurance is integrated with licensed NBFC FinVu (Cookiejar Technologies Pvt. Ltd. for sharing policy details with regulated Financial Information Users within the Account Aggregator ecosystem after obtaining the Policy holder's consent. Read more about Account Aggregator framework here

                  *Life insurance coverage is available in this product. For more details on risk factors, Terms and Conditions please read the prospectus carefully before concluding a sale. You may be entitled to certain applicable tax benefits on your premiums and policy benefits. Please note all the tax benefits are subject to tax laws prevailing at the time of payment of premium or receipt of benefits by you. Tax benefits are subject to changes in tax laws.

                  Insurance is the subject matter of solicitation. For more details on the risk factors, Terms and Conditions, please read the sales and rider prospectus carefully before concluding a sale. Tax benefits are eligible for tax exemption on fulfilling conditions mentioned under Section 10(10D) of income tax act 1961. Tax exemptions are as per our understanding of law and as per prevailing provisions of income tax at 1961. Policy holders are advised to consult tax expert for better clarification /interpretation. Please note that all the tax benefits are subject to tax laws at the time of payment of premium or receipt of policy benefits by you. Tax benefits are subject to changes in tax laws. The monthly Income Benefit and Terminal Benefit may be taxable subject to extra premium being loaded at underwriting stage.

                  Celeb disclaimer (if Rohit Sharma / Ritika Sajdeh image being used):

                  The Brand Ambassadors as depicted herein, have endorsed only the Axis Max Life Insurance Products and are not in any manner endorsing Axis Bank Limited and / or any other Bank Partner of Axis Max Life Insurance and do not have any kind of association or relationship with Axis Bank Limited and / or any other Bank Partner of Axis Max Life Insurance

                  Disclaimers for Market Linked Plans & Saving plans:

                  THE UNIT LINKED INSURANCE PRODUCTS DO NOT OFFER ANY LIQUIDITY DURING THE FIRST FIVE YEARS OF THE CONTRACT. THE POLICYHOLDER WILL NOT BE ABLE TO SURRENDER/WITHDRAW THE MONIES INVESTED IN LINKED INSURANCE PRODUCTS COMPLETELY OR PARTIALLY TILL THE END OF FIFTH YEAR.

                  Unit Linked Insurance Products (ULIPs) are different from the traditional insurance products and are subject to the risk factors. The premium paid in the Unit Linked Life Insurance Policies is subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions. Axis Max Life Insurance is only the name of the insurance company and Axis Max Life Online Savings Plan (UIN: 104L098V06) is only the name of the unit linked life insurance contract and does not in any way indicate the quality of the contract, its future prospects or returns. Please know the associated risks and the applicable charges from your Insurance agent or the Intermediary or policy document of the insurer. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these funds, their future prospects or returns.

                  Axis Max Life Online Savings Plan is a Unit Linked Non Participating Individual Life Insurance Plan (UIN: 104L098V06)

                  *1The aggregate annualized premium should not be more than 5 lakhs (one or more policies put together) for non-linked non-par savings insurance plan in any given year of policy term to be eligible for Section 10 (10D) exemption.

                  *3All claims that qualify for InstaClaim will be paid within 3 hrs from the date of submission of all mandatory documents else Axis Max Life will pay interest at prevailing Bank Rate as on beginning of Financial Year in which claim has been received for every day of delay beyond one working day. Interest shall be at the bank rate that is prevalent at the beginning of the financial year in which death claim has been received. Mandatory Documents: Original policy document; Original/attested copy of death certificate issued by local municipal authority; Death claim application form (Form A); NEFT mandate form attested by bank authorities along with a cancelled cheque of bank account passbook along with nominee's photo identity proof; Discharge/Death summary attested by hospital authorities or FIR & Post Mortem Report/Viscera Report (in case of accident death).

                  *#Some benefits are guaranteed and some benefits are variable with returns based on the future performance of your Insurer carrying on life insurance business. The assumed rates of return (4% p.a. and 8% p.a.) shown in the illustrative example are not guaranteed and they are not the upper or lower limits of what you might get back as the value of your Policy depends on a number of factors including future investment performance. The guaranteed and non-guaranteed benefits are applicable only if all due premiums are paid. The Maturity Benefit shown in the illustrative example are inclusive/exclusive of taxes.

                  Privacy Policy

                  ^^On completion of policy term

                  The savings indicated is the maximum premium difference as compared with offline plan & depends on the variant purchased.

                  Claims for policies completed 3 continuous years. All mandatory documents should be submitted before 3:00pm on a working day. Claim amount on all eligible policies4 is less than Rs. 1 Crore. Claim does not warrant any field verification. Mandatory Documents:

                  > Original policy document

                  > Original/attested copy of death certificate issued by local municipal authority

                  > Death claim application form (Form A)

                  > NEFT mandate form attested by bank authorities along with a cancelled cheque or bank account passbook along with nominee’s photo identity proof

                  > Discharge/Death summary attested by hospital authorities or FIR & Post Mortem Report/viscera report (in case of accidental death)

                  1The 5% employee discount will be refunded to you once your policy is issued. Submit your documents for getting your policy issued and get 5% employee discount

                  2Total premium will be charged at the time of the policy issuance (subject to underwriting’s decision).

                  315% discount is applicable only on the first year premium for salaried employees with a corporate, purchasing Smart Term Plan Plus (UIN: 104N127V02). During policy issuance, Axis Max Life may call for proof of employment if required. In case proposer when asked is not able to prove the employment part, discount offer will be discontinued and additional premium as applicable will have to be paid for processing of the case. 15% discount (applied on standard male premium rates) is applicable for lifetime for females.

                  4InstaClaim TM is available for all versions of (UIN: 104N125V07). Mandatory Documents:

                  • Original policy document
                  • Original/attested copy of death certificate issued by local municipal authority
                  • Death claim application form (Form A)
                  • NEFT mandate form attested by bank authorities along with a cancelled cheque or bank account passbook along with nominee’s photo identity proof
                  • Discharge/Death summary attested by hospital authorities or FIR & Post Mortem Report/viscera report (in case of accidental death)

                  5Criteria applicable only for “Term plans” for Graduate, Indian resident with declared income >= 10 lacs with CIBIL score >= 650 (salaried) and >= 700 (self-employed) with no disclosed medical condition

                  6Applicable for Titanium variant of Axis Max Life Smart Fixed-return Digital plan (Premium payment of 5 years and Policy term of 10 years) and a healthy male of 18 years paying Rs. 30,000/- per month (exclusive of all applicable taxes) with 7.45% return. Life Insurance is available with this product

                  7Available with Axis Max Life Smart Wealth Plan (UIN: 104N116V14)

                  8Available with Axis Max Life Smart Fixed-return Digital Plan (UIN: 104N123V05). The guaranteed benefits are available with selected life insurance plans & are applicable if all due premiums are paid.

                  9The percentage savings is for a regular pay Axis Max Life Smart Secure Plus Plan (A Non Linked Non Participating Individual Pure Risk Life Insurance Plan, UIN: 104N118V11)– Life Option for 1 Cr. life cover for a 35 year old, non-smoker male for a policy term of 40 years vs a 10 year policy term with the same details’

                  ##Tax conditions :

                  ##Save 46,800 on taxes if the insurance premium amount is Rs.1.5 lakh per annum and you are a Regular Individual, fall under 30% income tax slab having taxable income less than Rs. 50 lakhs and Opt for Old tax regime ~# Save 54,600 on taxes if the insurance premium amount is Rs.1.5 lakh per annum for life cover and 25,000 for critical illness cover and you are a Regular Individual, fall under 30% income tax slab having taxable income less than Rs. 50 lakhs and Opt for Old tax regime.

                  CI Rider disclaimers:

                  AXIS MAX LIFE CRITICAL ILLNESS AND DISABILITY RIDER (UIN: 104B033V02) available as a rider on payment of additional premium.

                  >Extended cover of up to 85 years is available with gold and platinum variant only

                  @64 critical illnesses covered in platinum and platinum plus variant on payment

                  22 critical illnesses covered in gold and gold plus variant

                  *^Total premiums paid inclusive of any extra premium but exclusive of all applicable taxes, cesses or levies and modal extra. Return of premium option is available on payment of additional premium.

                  ~Conditions for premium break: Available at an additional premium for policies with policy term greater than 30 years and premium payment term greater than 21 years. Option to skip paying premium for 12 months. 2 premium breaks will be available during the premium payment term separated by an interval of at least 10 years

                  ~1 Conditions for Special exit value:

                  Option to receive all premiums paid back, at a specified point in the term of the policy (free of cost). Available when Return of Premium variant is not chosen. No additional premium to be paid.

                  ~2 Voluntary Top-up Sum assured:

                  Option to double your insurance cover, basis underwriting, at the time of your need by increasing your sum assured up to an additional 100% of base sum assured, chosen at inception

                  ^^*^^Free look period conditions:

                  The policyholder has a period of 30 days from the date of receipt of the policy document, to review the terms and conditions of the Policy, where if the policyholder disagrees to any of those terms or conditions, he / she has the option to return the Policy stating the reasons for his objections. The policyholder shall be entitled to a refund of the premiums paid, subject only to deduction of a proportionate risk premium for the period of cover and the expenses incurred by the company on medical examination of the lives insured and stamp duty charges.

                  ^Individual Death Claim Paid Ratio as per audited financials for FY 2023-2024

                  #1A flat 15% discount on the premium will be applicable throughout the Premium Payment Term for Female Life Insured with Axis Max Life Smart Term Plan Plus (UIN: 104N127V02).

                  #3Tax benefits as per prevailing tax laws, subject to change

                  Terms and conditions for availing 5% employee discount:

                  <Due to system constraints, employee is requested to select 5 Lakh and above income which can be changed to actual amount on the information page.

                  Past performance of the investment funds do not indicate the future performance of the same. Investors in the Scheme are not being offered any guaranteed / assured returns. The premiums & funds are subject to certain charges related to the fund or to the premium paid.

                  The premium shall be adjusted on the due date even if it has been received in advance.

                  For Total Installment Premium - Total Installment Premium is the Premium payable as per premium paying frequency chosen, it excludes GST and applicable taxes, cesses or levies, if any; and includes loadings for modal premiums, Underwriting Extra Premium and Rider Premiums if any.

                  For Return of Premium - The Return of Premium Option is available on payment of Additional Premium. Premium does not include amount paid for riders and is excluding taxes, cesses and levies. Upon Policyholder's selection of Return of Premium variant this product shall be a Non-Linked Non-Participating Individual Life Insurance Savings Plan.

                  For Riders - #Applicable Rider available on the payment of Additional Premium is Axis Max Life Critical Illness and Disability Rider | Non-Linked Non-Participating Individual Pure Risk Health Insurance Rider | UIN: 104B033V02. Critical Illness and Disability Rider variant opted is Platinum Plus which covers 64 critical Illnesses. The rider cover will only be paid in scenarios where customer is diagnosed with listed 64 critical illnesses or total and permanent disability. Rider will terminate after major critical illness claim is paid to the policyholder. In case customer requests for cancellation of rider only, the solution as a whole will be cancelled and not just the individual rider.

                  For Additional Benefits– ##On Payment of Additional Premium. The accident cover will only be paid in scenarios where death occurs due to accident.

                  *~Disclaimers

                  Axis Max Life Smart Secure Plus Plan. A non-linked non-participating individual pure risk life insurance plan |Benefit available with special exit value -Total premium paid inclusive of any extra premium but exclusive of all applicable taxes, cesses or levies & modal extra. The premium calculated as per Standard premium for 30-year-old healthy male, non-smoker, 40 years’ policy term, 40 years’ premium payment term (exclusive of GST) for Axis Max Life Smart Secure Plus Plan.

                  ##Policy continuance benefit is not available with lifelong wealth variant. **The accrued income will be accumulated on an annual basis at the prevailing reverse repo rate (publish on RBI’s website).

                  #With “Save the date”, you can choose to take your annual income to any special date in a year.

                  ***Available with early wealth variant. Income benefit will be paid as per selected plan terms.

                  ~Accidental death benefit is available in call variants except for Single premium variant. Life insurance coverage is available in this product.

                  #~Term Insurance plan bought online directly from Axis Max Life Insurance has no commissions involved.

                  ~1Axis Max Life Smart Secure Plus Plan, A non-linked non-participating Individual Pure Risk Life Insurance Plan | Standard Premium for 30 year old healthy male, non-smoker, 40 years policy term, 40 year premium payment term (exclusive of GST) for Axis Max Life Smart Secure Plus Plan | ~1 Conditions for special exit value: Option to receive all premiums paid back, at a specified point in the term of the policy (free of cost). Available when Return of premium variant is not chosen. No additional premium to be paid. Option to receive all premiums back (exclusive of GST). Flexibility of exiting the plan early. Special Exit Value cover applicable till age 68 & above (of your age). T&C Apply.

                  @>Axis Max Life Critical Illness and Disability Rider (UIN 104B033V02) is available on payment of additional premium. It covers 64 critical illnesses under Platinum & Platinum Plus variant

                  #Available on Payment of Additional Premium. The accident cover will only be paid in scenarios where death occurs due to accident.

                  ^1Disclaimer: Standard premium for 24-year old healthy male, non-smoker, 25 years policy term,25 year premium payment term (exclusive of GST) for Axis Max Life Smart Total Elite Protection Term Plan (UIN: 104N125V07) with a life cover of Rs. 50 lakh.

                  ^2Disclaimer: Standard premium for 24-year old healthy male, non-smoker, 25 years policy term,25 year premium payment term (exclusive of GST) for Axis Max Life Smart Total Elite Protection Term Plan (UIN: 104N125V07) with a life cover of Rs. 75 lakh.

                  ^3Disclaimer: Standard premium for 24-year old healthy male, non-smoker, 25 years policy term,25 year premium payment term (exclusive of GST) for Axis Max Life Smart Total Elite Protection Term Plan (UIN: 104N125V07) with a life cover of Rs. 1 Cr.

                  ^4Disclaimer: Standard premium for 24-year old healthy male, non-smoker, 25 years policy term,25 year premium payment term (exclusive of GST) for Axis Max Life Smart Total Elite Protection Term Plan (UIN: 104N125V07) with a life cover of Rs. 1.5 Cr.

                  ^5Disclaimer: Standard premium for 24-year old healthy male, non-smoker, 25 years policy term, 25 year premium payment term (exclusive of GST) for Axis Max Life Smart Total Elite Protection Term Plan (UIN: 104N125V07) with a life cover of Rs. 2 Cr.

                  ^6Disclaimer: Standard premium for 24-year old healthy male, non-smoker, 25 years policy term, 25 year premium payment term (exclusive of GST) for Axis Max Life Smart Total Elite Protection Term Plan (UIN: 104N125V07) with a life cover of Rs. 5 Cr.

                  ^7Disclaimer: Standard premium for 24-year old healthy male, non-smoker, 25 years policy term, 25 year premium payment term (exclusive of GST) for Axis Max Life Smart Term Plan Plus (UIN: 104N127V02) - Regular Cover with a life cover of Rs. 1 Cr.

                  ~*Disclaimer: Standard premium for 24-year old healthy female,non-smoker, 25 years policy term, 25 year premium payment term (exclusive of GST) for Axis Max Life Smart Total Elite Protection Term Plan (UIN: 104N125V07)

                  ^~Disclaimer: 5 year return (CAGR – Compound Annualised Growth Rate) from Max Life High Growth Fund (ULIF01311/02/08LIFEHIGHGR104) as on 31/07/2024

                  ^~The assumed rates of return (4% p.a. and 8% p.a.) shown in the illustrative example are not guaranteed and they are not the upper or lower limits of what you might get back. The value of your policy depends on a number of factors including future investment performance. The amount shown is for a 30-year-old healthy male, with 10 years premium payment term, and 35 years policy term with Axis Max Life Online Saving Plan (Unit Linked Non Participating Individual Life Insurance Plan | Life Insurance is available in this product).

                  *++Axis Max Life's Nifty Alpha 50 Fund tracks the NSE's Nifty Alpha 50 Index, subject to tracking error. The above values have been calculated by projecting historical returns of the Nifty Alpha 50 index, after adjusting for all expenses, except the tracking error, in Axis Max Life online savings plan (variant 1) for a 35-year-old male investing 10k per month for 10 years and maturity after 20 years. The calculations have been done using historical returns of the Nifty Alpha 50 index and may not be indicative of the future performance of Axis Max Life's Nifty Alpha 50 Fund. The above values have been calculated basis 10 year returns of 26.4% (30th Apr'24) of the Nifty Alpha 50 Index.

                  *+Nifty Mid-cap 150 Momentum 50 Index was launched in Aug’22. These are returns of benchmark indices and are not indicative of return on Axis Max Life Insurance’s Midcap Momentum Index fund. 10 year return of NIFTY Midcap 150 Momentum 50 Index as on 27/05/2024. Max Life Midcap Momentum Index Fund (SFIN: ULIF02802/01/24MIDMOMENTM104) is passively managed Index Fund that mirrors NIFTY Midcap 150 Momentum 50 Index.

                  *&10 year return of Nifty Smallcap 250 Quality 50 Index as on 30/04/2024. The past returns are extrapolation of index fund returns up to past 10 years using same formula (provided by NSE). The returns are not indicative of the future performance of the fund. Max Life Nifty Smallcap Quality Index Fund is passively managed Index Fund that mirrors Nifty Smallcap 250 Quality 50 Index. The objective of the fund is to invest in companies with similar weights as in the index and generate returns as closely as possible, subject to tracking error.

                  ^*All claims that qualify for InstaClaim will be paid within 3 hrs from the date of submission of all mandatory documents else Axis Max Life will pay interest at prevailing Bank Rate as on beginning of Financial Year in which claim has been received for every day of delay beyond one working day. Interest shall be at the bank rate that is prevalent at the beginning of the financial year in which death claim has been received. Mandatory Documents: Original policy document; Original/attested copy of death certificate issued by local municipal authority; Death claim application form (Form A); NEFT mandate form attested by bank authorities along with a cancelled cheque of bank account passbook along with nominee's photo identity proof; Discharge/Death summary attested by hospital authorities or FIR & Post Mortem Report/Viscera Report (in case of accident death).

                  @1Standard premium for 20-year old healthy male, non-smoker, 40 years policy term, 40 year premium payment term (exclusive of GST) for Axis Max Life Smart Total Elite Protection Term Plan (UIN: 104N125V07). The above mentioned premium is the discounted monthly premium to be paid in 1st year. Discount is applicable only for salaried employees with a corporate, purchasing via web link. During policy issuance, Axis Max life may call for proof of employment if required. In case proposer when asked is not able to prove the employment part, discount offer will be discontinued and additional premium as applicable will have to be paid for processing of the case. | ~1 Get back all the premiums paid with Special Exit value. This can be exercised in any policy year starting 30th policy year, but not during the last 4 policy years. Available for minimum policy term of 40 years. Benefit available with special exit value - the total premiums paid plus underwriting extra premiums paid plus loadings for modal premiums exclusive of any applicable taxes, cesses or levies. This feature shall be applicable on the base cover premium only and not for additional optional benefits like Accident cover, Joint life cover, any attached riders and Voluntary Sum Assured Top-Up.

                  @2Standard premium for 20-year old healthy male, non-smoker, 40 years policy term, 40 year premium payment term (exclusive of GST) for Axis Max Life Smart Total Elite Protection Term Plan (UIN: 104N125V07). The above mentioned premium is the discounted monthly premium to be paid in 1st year. Discount is applicable only for salaried employees with a corporate, purchasing via web link. During policy issuance, Axis Max life may call for proof of employment if required. In case proposer when asked is not able to prove the employment part, discount offer will be discontinued and additional premium as applicable will have to be paid for processing of the case. | ~1 Get back all the premiums paid with Special Exit value. This can be exercised in any policy year starting 30th policy year, but not during the last 4 policy years. Available for minimum policy term of 40 years. Benefit available with special exit value - the total premiums paid plus underwriting extra premiums paid plus loadings for modal premiums exclusive of any applicable taxes, cesses or levies. This feature shall be applicable on the base cover premium only and not for additional optional benefits like Accident cover, Joint life cover, any attached riders and Voluntary Sum Assured Top-Up.

                  #*Axis Max Life Insurance’s Sustainable Wealth 50 Index Fund (SFIN: ULIF03223/12/24SUSTWEALTH104), which is a passively managed Index Fund that mirrors Axis Max Life Sustainable Yield Index, subject to tracking error. The fund value calculation is done by projecting historical returns of Axis Max Life Sustainable Yield Index, after adjusting for all expenses (except tracking error) in Axis Max Life Flexi Wealth Advantage Plan (UIN: 104L121V03) for a 30-year-old male investing 5k/10k per month for 20/10 years. The above values have been calculated assuming 25.2% p.a. gross investment returns as in Nov'24, which is the 10-year return of Axis Max Life Sustainable Yield Index. (back tested).

                  @3Standard premium for 20-year old healthy male, non-smoker, 25 years policy term, 25 year premium payment term (exclusive of GST) for Axis Max Life Smart Total Elite Protection Term Plan (UIN: 104N125V07)| The above mentioned premium is the discounted monthly premium to be paid in 1st year. Discount is applicable only for salaried employees with a corporate, purchasing via web link. During policy issuance, Axis Max life may call for proof of employment if required. In case proposer when asked is not able to prove the employment part, discount offer will be discontinued and additional premium as applicable will have to be paid for processing of the case.

                  7Disclaimer: Rs. 1,00,29,587 after 14 years at policy maturity on monthly investment of Rs. 16,600 for 12 years for 30-year-old male with Axis Max Life Smart Wealth Plan – Long Term Variant. A non-linked non-participating individual life insurance savings plan. The guaranteed benefits are applicable only if all due premiums are paid. Total premiums paid is exclusive of GST. Life Insurance is available in this product.

                  @4Standard premium for 20-year old healthy male, non-smoker, 25 years policy term, 25 year premium payment term (exclusive of GST) for Axis Max Life Smart Term Plan Plus (UIN:104N127V02)| The above mentioned premium is the discounted monthly premium to be paid in 1st year. Discount is applicable only for salaried employees with a corporate.

                  @5Disclaimer: Standard premium for 20-year old healthy female, non-smoker, 25 years policy term, 25 years premium payment term (exclusive of GST) for Rebalancing Cover Variant of Axis Max Life Smart Term Plan Plus (UIN:104N127V02) Sum Assured of 1 Cr | The above mentioned premium is the discounted monthly premium to be paid in 1st year. Discount is applicable only for salaried employees with a corporate. During policy issuance, Axis Max Life may call for proof of employment if required. In case proposer when asked is not able to prove the employment part, discount offer will be discontinued and additional premium as applicable will have to be paid for processing of the case.

                  @6Disclaimer: The policyholder will get back 200% of total premiums paid plus underwriting extra premiums paid plus loadings for modal premiums (if any) (excl. of GST), if the policyholder exercises this option at policy year (Policy Term-10) only. This option will not applicable for Regular Pay and Pay Till 60. The minimum policy term will be 40 years for special exit value.

                  @7Disclaimer: Standard premium for 20-year old healthy male, non-smoker, 25 years policy term, 25 years premium payment term (exclusive of GST) for Rebalancing Cover Variant of Axis Max Life Smart Term Plan Plus (UIN:104N127V02)| The above mentioned premium is the discounted monthly premium to be paid in 1st year. Discount is applicable only for salaried employees with a corporate. During policy issuance, Axis Max Life may call for proof of employment if required. In case proposer when asked is not able to prove the employment part, discount offer will be discontinued and additional premium as applicable will have to be paid for processing of the case.

                  @8Disclaimer: Standard premium for 20-year old healthy male, non-smoker, 25 years policy term, 25 year premium payment term (exclusive of GST) for Regular Cover Variant of Axis Max Life Smart Term Plan Plus (UIN: 104N127V02)| The above mentioned premium is the discounted monthly premium to be paid in 1st year. Discount is applicable only for salaried employees with a corporate, purchasing via web link. During policy issuance, Axis Max Life may call for proof of employment if required. In case proposer when asked is not able to prove the employment part, discount offer will be discontinued and additional premium as applicable will have to be paid for processing of the case.

                  Disclaimer: ~10 year CAGR of Nifty SmallCap 250 Quality50 index as on 24/07/2023. Max Life Nifty Smallcap Quality Index Fund is passively managed Index fund that tracks the Nifty SmallCap 250 Quality50 index (subject to tracking error).

                  Disclaimer: @2Standard premium for 20-year old healthy male, non-smoker, 40 years policy term, 40 year premium payment term (exclusive of GST) for Axis Max Life Smart Total Elite Protection Term Plan (UIN: 104N125V07). **The above mentioned is the discounted monthly premium to be paid in 1st year. Discount is applicable only for salaried employee with a corporate, purchased via web link | ~1Get back 4.67 Lakhs premiums paid under Special Exit value at 36th Policy Year. This can be exercised in any policy year starting 30th policy year, but not during the last 4 policy years. Available for minimum policy term of 40 years. Benefit available with special exit value - the total premiums paid plus underwriting extra premiums paid plus loadings for modal premiums exclusive of any applicable taxes, cesses or levies. This feature shall be applicable on the base cover premium only and not for additional optional benefits like Accelerated Critical Illness, Accident cover, Joint life cover, any attached riders and Voluntary Sum Assured Top-Up| ~Singapore, Hong Kong, New Zealand, Australia, Canada, UAE, Oman, Qatar, Saudi Arabia, Kuwait, Sri Lanka, Maldives, Fil, Brunei, Taiwan, Mauritius, South Korea, Bahrain, China, France, Germany, Switzerland, Austria, Hungary, USA, UK, Japan, Belgium, Denmark, Spain, Greece, Ireland, Luxemburg, Italy, Netherlands, Finland, Sweden, Norway.

                  Disclaimer: @++ Axis Max Life’s NIFTY Momentum Quality 50 Fund (SFIN: ULIF03127/10/24MOMQUALITY104) is a passively managed Index Fund that mirrors NIFTY 500 Multicap Momentum Quality 50 Index, subject to tracking error. The fund value calculation is done by projecting historical returns of NIFTY 500 Multicap Momentum Quality 50 Index, after adjusting for all expenses (except tracking error) in Axis Max Life Online Savings Plan (UIN: 104L098V06) for a 30-year-old male investing 10k per month for 10 years. The above values have been calculated assuming 24.9% p.a. gross investment returns as on 16/10/2024, which is the 10-year return of NSE's NIFTY 500 Multicap Momentum Quality 50 Index (backtested)

                  ~4Subject to submission of all documents required for GST waiver. GST waiver/refund is not applicable for ULIP plans.

                  Disclaimer: **+NIFTY 500 Momentum 50 Index was launched in June'24. The past returns are back tested based on historical returns and formula (provided by NSE). These are returns of benchmark indices as on 11 June’24 and are not indicative of returns on Axis Max Life Insurance’s newly launched NIFTY 500 Momentum 50 Fund. Axis Max Life’s NIFTY 500 Momentum 50 Fund (SFIN: ULIF03014/08/24MOMENFIFTY104) is a passively managed Index Fund that mirrors NSE’s NIFTY 500 Momentum 50 Index, subject to tracking error. The fund value calculation is done by projecting historical returns of NSE’s NIFTY 500 Momentum 50 Index, after adjusting for all expenses (except tracking error) in Axis Max Life Online Savings Plan (UIN: 104L098V06) for a 30-year-old male investing 10k per month for 10 years. The above values have been calculated assuming 25% p.a. gross investment returns as on 11 June'24, which is the 10-year return of NSE's NIFTY 500 Momentum 50 Index (backtested).

                  Disclaimer: #^Axis Max Life Smart Innovation Fund (SFIN: ULIF03301/03/25INNOVATION104), which is an actively managed fund does not have any past performance benchmarks. The above values have been calculated for a 35-year-old male investing 10k per month for 10 years assuming 20.8% p.a. gross investment returns basis 5 years’ performance of existing active fund with Axis Max Life Insurance, as on date 31st Jan'25 after adjusting for all expenses in Axis Max Life’s Capital Guarantee Plan which is combination of Axis Max Life Online Savings Plan (UIN: 104L098V06) and Axis Max Life Smart Wealth Advantage Guarantee Plan (UIN: 104N116V13). | Investors in this plan are not offered guaranteed/ assured returns. | The Unit Linked Insurance Products do not offer any liquidity during the first five years of the contract. The policyholder will not be able to surrender/withdraw the monies invested in Unit Linked Insurance Products completely or partially till the end of the fifth year. The premium shall be adjusted on the due date even if it has been received in advance. Applicable taxes, cesses and levies as imposed by the government from time to time will be deducted from the premiums received or from the funds, as applicable.

                  Please note, while our website has been updated with the changed corporate name and brand identity, our product collaterals will be updated in due course. We regret any inconvenience caused.

                  Disclaimer: *6Check the Total Premium amount against the respective monthly premium values in the below table.

                  For Sum assured of 75 lakh, 1 crore, 1.5 crore and 2 crore, the below calculations are based on Axis Max Life Smart Total Elite Protection Term Plan (A Non Linked Non Participating Individual Pure Risk Life Insurance Plan, UIN:104N125V07). Monthly premium amounts are excluding GST and before any applicable discounts assuming Regular Pay and monthly payment mode..

                  Age of Male ApplicantPremium Amount for Rs. 75 lakh Term PlanPremium Amount for Rs. 1 crore Term PlanPremium Amount for Rs. 1.5 crore Term PlanPremium Amount for Rs. 2 crore Term Plan
                  SmokerNon-SmokerSmokerNon-SmokerSmokerNon-SmokerSmokerNon-Smoker
                  18 Years (PPT: 67 years)1,488/Month
                  Total Premium: 11.33 lakh
                  930/Month
                  Total Premium: 7.08 lakh
                  1,500/Month
                  Total Premium: 11.42 lakh
                  938/Month
                  Total Premium: 7.14 lakh
                  2,251/Month
                  Total Premium: 17.13 lakh
                  1,407/Month
                  Total Premium: 10.71 lakh
                  2,675/Month
                  Total Premium: 20.37 lakh
                  1,672/Month
                  Total Premium: 12.73 lakh
                  25 Years (PPT: 60 years)1,966/Month
                  Total Premium: 13.40 lakh
                  1,228/Month
                  Total Premium: 8.38 lakh
                  2,054/Month
                  Total Premium: 14.06 lakh
                  1,284/Month
                  Total Premium: 8.75 lakh
                  3,081/Month
                  Total Premium: 21.01 lakh
                  1,926/Month
                  Total Premium: 13.13 lakh
                  3,607/Month
                  Total Premium: 24.59 lakh
                  2,255/Month
                  Total Premium: 15.37 lakh
                  35 Years (PPT: 50 years)3,182/Month
                  Total Premium: 18.08 lakh
                  1,989/Month
                  Total Premium: 11.30 lakh
                  3,592/Month
                  Total Premium: 20.41 lakh
                  2,245/Month
                  Total Premium: 12.76 lakh
                  5,388/Month
                  Total Premium: 30.61 lakh
                  3,367/Month
                  Total Premium: 19.13 lakh
                  5,947/Month
                  Total Premium: 33.79 lakh
                  3,717/Month
                  Total Premium: 21.12 lakh
                  45 Years (PPT: 40 years)5,971/Month
                  Total Premium: 27.14 lakh
                  3,732/Month
                  Total Premium: 16.96 lakh
                  6,629/Month
                  Total Premium: 30.13 lakh
                  4,143/Month
                  Total Premium: 18.83 lakh
                  9,944/Month
                  Total Premium: 45.20 lakh
                  6,215/Month
                  Total Premium: 28.25 lakh
                  12,546/Month
                  Total Premium: 57.02 lakh
                  7,841/Month
                  Total Premium: 35.64 lakh
                  55 Years (PPT: 30 years)11,656/Month
                  Total Premium: 39.73 lakh
                  7,285/Month
                  Total Premium: 24.83 lakh
                  13,719/Month
                  Total Premium: 46.77 lakh
                  8,574/Month
                  Total Premium: 29.23 lakh
                  20,578/Month
                  Total Premium: 70.15 lakh
                  12,861/Month
                  Total Premium: 43.84 lakh
                  26,160/Month
                  Total Premium: 89.18 lakh
                  16,350/Month
                  Total Premium: 55.74 lakh
                  60 Years (PPT: 25 years)16,846/Month
                  Total Premium: 47.86 lakh
                  10,529/Month
                  Total Premium: 29.91 lakh
                  19,966/Month
                  Total Premium: 56.72 lakh
                  12,479/Month
                  Total Premium: 35.45 lakh
                  29,949/Month
                  Total Premium: 85.08 lakh
                  18,718/Month
                  Total Premium: 53.18 lakh
                  37,689/Month
                  Total Premium: 107.07 lakh
                  23,555/Month
                  Total Premium: 66.92 lakh

                   

                   

                  Age of Female ApplicantPremium Amount for Rs. 75 lakh Term PlanPremium Amount for Rs. 1 crore Term PlanPremium Amount for Rs. 1.5 crore Term PlanPremium Amount for Rs. 2 crore Term Plan
                  SmokerNon-SmokerSmokerNon-SmokerSmokerNon-SmokerSmokerNon-Smoker
                  18 Years (PPT: 67 years)1,488/Month
                  Total Premium payable: 11.33 lakh
                  930/Month
                  Total Premium payable: 7.08 lakh
                  1,500/Month
                  Total Premium payable: 11.42 lakh
                  938/Month
                  Total Premium payable: 7.14 lakh
                  2,251/Month
                  Total Premium payable: 17.13 lakh
                  1,407/Month
                  Total Premium payable: 10.71 lakh
                  2,675/Month
                  Total Premium payable: 20.37 lakh
                  1,672/Month
                  Total Premium payable: 12.73 lakh
                  25 Years (PPT: 60 years)1,707/Month
                  Total Premium payable: 11.64 lakh
                  1,067/Month
                  Total Premium payable: 7.28 lakh
                  1,744/Month
                  Total Premium payable: 11.89 lakh
                  1,090/Month
                  Total Premium payable: 7.43 lakh
                  2,616/Month
                  Total Premium payable: 17.84 lakh
                  1,635/Month
                  Total Premium payable: 11.15 lakh
                  2,972/Month
                  Total Premium payable: 20.26 lakh
                  1,858/Month
                  Total Premium payable: 12.67 lakh
                  35 Years (PPT: 50 years)2,617/Month
                  Total Premium payable: 14.87 lakh
                  1,636/Month
                  Total Premium payable: 9.29 lakh
                  2,905/Month
                  Total Premium payable: 16.50 lakh
                  1,815/Month
                  Total Premium payable: 10.32 lakh
                  4,357/Month
                  Total Premium payable: 24.76 lakh
                  2,723/Month
                  Total Premium payable: 15.47 lakh
                  4,801/Month
                  Total Premium payable: 27.28 lakh
                  3,000/Month
                  Total Premium payable: 17.05 lakh
                  45 Years (PPT: 40 years)4,794/Month
                  Total Premium payable: 21.79 lakh
                  2,996/Month
                  Total Premium payable: 13.62 lakh
                  5,061/Month
                  Total Premium payable: 23.00 lakh
                  3,163/Month
                  Total Premium payable: 14.38 lakh
                  7,591/Month
                  Total Premium payable: 34.50 lakh
                  4,744/Month
                  Total Premium payable: 21.56 lakh
                  9,496/Month
                  Total Premium payable: 43.16 lakh
                  5,935/Month
                  Total Premium payable: 26.98 lakh
                  55 Years (PPT: 30 years)8,883/Month
                  Total Premium payable: 30.28 lakh
                  5,552/Month
                  Total Premium payable: 18.93 lakh
                  10,102/Month
                  Total Premium payable: 34.44 lakh
                  6,314/Month
                  Total Premium payable: 21.52 lakh
                  15,153/Month
                  Total Premium payable: 51.66 lakh
                  9,471/Month
                  Total Premium payable: 32.29 lakh
                  19,378/Month
                  Total Premium payable: 66.06 lakh
                  12,111/Month
                  Total Premium payable: 41.29 lakh
                  60 Years (PPT: 25 years)12,611/Month
                  Total Premium payable: 35.83 lakh
                  7,882/Month
                  Total Premium payable: 22.39 lakh
                  14,826/Month
                  Total Premium payable: 42.12 lakh
                  9,266/Month
                  Total Premium payable: 26.32 lakh
                  22,239/Month
                  Total Premium payable: 63.18 lakh
                  13,899/Month
                  Total Premium payable: 39.49 lakh
                  27,941/Month
                  Total Premium payable: 79.38 lakh
                  17,463/Month
                  Total Premium payable: 49.61 lakh