ULIP Calculator India 2026 - Returns, Charges & Investment Growth

It estimates the potential maturity value of a Unit Linked Insurance Plan from the premium amount, policy term, assumed return, and charges, showing how the ULIP's investment-plus-insurance structure may grow over time in ₹. This is a planning tool only — ULIP returns are market-linked and not guaranteed.

ULIP returns depend on the underlying fund mix — equity, debt, or hybrid. A conservative range like 6–8% (low), 9–10% (base), and 11–12% (high) is often used for planning, but these are assumptions only — market-linked returns can fluctuate and are not assured.

Not universally. A ULIP bundles insurance and investment with a 5-year lock-in and multiple layered charges, while separate term insurance plus a mutual fund SIP is generally more transparent and flexible. Compare the total charges and outcomes for your specific policy before deciding (not financial advice).

Premiums up to ₹1.5L/year can qualify for a Section 80C deduction, and maturity proceeds can be exempt under Section 10(10D), but the exemption depends on conditions such as the premium-to-sum-assured ratio and other applicable rules. This is not tax advice — consult a qualified tax professional for the current treatment.

The mortality charge is levied on the 'net amount at risk' — the life cover amount minus the fund value already accumulated, since that fund value would be paid to your nominee on death anyway. As your fund value grows over the policy term, the net amount at risk (and so the mortality charge) typically shrinks, unlike a flat charge on the full sum assured.