Calculators / Investing
ULIP vs Mutual Fund Calculator
ULIPs bundle insurance with investment and carry higher charges. Compare the after-charge, after-tax outcome.
Compare a ULIP against a mutual fund of the same investment, accounting for charges and tax, to see which wins.
Questions, answered
Should I buy a ULIP for tax-free returns?
Usually not. ULIP charges are higher than a direct mutual fund, and since 2021 ULIPs with annual premiums above 2.5 lakh are taxed like equity anyway. For protection buy a term plan, and for growth use mutual funds. Bundling the two rarely beats keeping them separate.
Free calculator from Qubera. Loading the interactive version…