Ulip vs MF

ULIP Vs ELSS (Tax Saving MF) - Which is better?

Values You can Do not Change
Annual 30,000 Policy Admin Charge 720
Gross 10.00% Mortality Ratio 1.46
ELSS FMC 2.00% Service Tax 10.30%
ACE FMC 1.35%
ICICI Prudential ACE ELSS/ Tax Saving Mutual Fund
Addit Amou
ional nt Mortal Amount Differe
Fund Loyalty ELSS Outperform
ity Fund at Surrender Death Fund at You can nce
Year Alloc availa before FMC Addition Fund FMC ance (ACE
ation ble for Charg FMC (Approx)
End Value Benefit
Value
End withdra (ACE -
over ELSS)
of invest e w ELSS)
Units ment
1 - 30,000 175 32,015 477 - 31,539 - 150,000 33,000 728 32,272 - -
2 - 30,000 129 66,758 994 - 65,764 - 150,000 68,499 1,511 66,988 - -
3 - 30,000 79 104,462 1,555 - 102,906 92,616 150,000 106,687 2,354 104,333 104,333 (11,718) -0.112312252
4 - 30,000 25 145,377 2,165 - 143,213 136,052 150,000 147,767 3,260 144,507 144,507 (8,455) -0.058510137
5 - 30,000 - 189,742 2,825 - 186,916 186,916 186,916 191,958 4,235 187,723 187,723 (807) -0.00429735
6 600 30,600 - 238,476 3,551 - 234,925 234,925 234,925 239,495 5,283 234,212 234,212 713 0.003043644
7 600 30,600 - 291,286 4,337 - 286,948 286,948 286,948 290,633 6,411 284,222 284,222 2,726 0.00959155
8 600 30,600 - 348,511 5,190 - 343,321 343,321 343,321 345,644 7,625 338,019 338,019 5,302 0.015685944
9 600 30,600 - 410,522 6,113 - 404,409 404,409 404,409 404,821 8,930 395,891 395,891 8,518 0.021515655
10 600 30,600 - 477,718 7,113 10,281 480,885 480,885 480,885 468,480 10,335 458,145 458,145 22,740 0.049635216
11 600 30,600 - 561,842 8,366 - 553,476 553,476 553,476 536,960 11,845 525,115 525,115 28,361 0.054009899
12 600 30,600 - 641,692 9,555 - 632,136 632,136 632,136 610,626 13,470 597,156 597,156 34,981 0.058579078
13 600 30,600 - 728,218 10,844 - 717,375 717,375 717,375 689,871 15,219 674,653 674,653 42,722 0.063324344
14 600 30,600 - 821,980 12,240 - 809,740 809,740 809,740 775,118 17,099 758,019 758,019 51,722 0.068232525
15 600 30,600 - 923,582 13,753 20,998 930,828 930,828 930,828 866,821 19,122 847,699 847,699 83,129 0.098064311
16 600 30,600 - 1,056,778 15,736 - 1,041,042 1,041,042 1,041,042 965,468 21,298 944,170 944,170 96,872 0.102600305
17 600 30,600 - 1,178,015 17,541 - 1,160,473 1,160,473 1,160,473 1,071,587 23,639 1,047,948 1,047,948 112,525 0.107376848
18 600 30,600 - 1,309,389 19,497 - 1,289,891 1,289,891 1,289,891 1,185,743 26,157 1,159,585 1,159,585 130,306 0.112372863
19 600 30,600 - 1,451,748 21,617 - 1,430,131 1,430,131 1,430,131 1,308,544 28,866 1,279,677 1,279,677 150,454 0.117571613
20 600 30,600 - 1,606,012 23,914 37,400 1,619,498 1,619,498 1,619,498 1,440,645 31,781 1,408,864 1,408,864 210,634 0.149506019
21 600 30,600 - 1,814,316 27,016 - 1,787,300 1,787,300 1,787,300 1,582,751 34,915 1,547,835 1,547,835 239,464 0.154709278
22 600 30,600 - 1,998,898 29,765 - 1,969,133 1,969,133 1,969,133 1,735,619 38,288 1,697,331 1,697,331 271,802 0.16013499
23 600 30,600 - 2,198,915 32,743 - 2,166,172 2,166,172 2,166,172 1,900,064 41,915 1,858,149 1,858,149 308,023 0.165768635
24 600 30,600 - 2,415,657 35,970 - 2,379,687 2,379,687 2,379,687 2,076,964 45,818 2,031,146 2,031,146 348,541 0.171597992
25 600 30,600 - 2,650,523 39,468 62,506 2,673,561 2,673,561 2,673,561 2,267,261 50,016 2,217,245 2,217,245 456,316 0.205803315
26 600 30,600 - 2,973,785 44,281 - 2,929,504 2,929,504 2,929,504 2,471,969 54,532 2,417,438 2,417,438 512,066 0.211821992
27 600 30,600 - 3,255,322 48,473 - 3,206,849 3,206,849 3,206,849 2,692,181 59,390 2,632,792 2,632,792 574,057 0.218041254
28 600 30,600 - 3,560,402 53,016 - 3,507,386 3,507,386 3,507,386 2,929,071 64,615 2,864,456 2,864,456 642,930 0.224451052
29 600 30,600 - 3,890,992 57,939 - 3,833,054 3,833,054 3,833,054 3,183,901 70,237 3,113,664 3,113,664 719,389 0.231042608
30 600 30,600 - 4,249,227 63,273 100,931 4,286,885 4,286,885 4,286,885 3,458,031 76,284 3,381,747 3,381,747 905,138 0.267654036

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