Is HDFC Life Click 2 Invest good?
HDFC Life Click 2 Invest Plan Summary Being a unit linked plan, it offers good growth potential if invested over a long period of time. All these factors make it a good investment cum insurance product which offers tax savings also.
How is HDFC Life Click to wealth?
HDFC Life Click 2 Wealth gives you option of 8 different funds to invest your money. Each fund has its own Investment policy, based on asset allocation between equity, debt and money market instruments. You can invest in a combination of funds by allocating your fund between different fund options.
Is HDFC Click to wealth tax benefit?
Tax Computation for an ELSS Mutual Fund. Like any other ULIP, investments in HDFC Life Click 2 Wealth is eligible for tax deduction up to ₹1.5 lakh per annum under Section 80C of the Income Tax 1961.
Which is better ELSS or ULIP?
As shown above, ELSS offers a better package if you are investing for tax benefits and are comfortable with the market exposure of your capital. ULIPs, on the other hand, are primarily insurance options but not as efficient as an investment tool.
Who is the CEO of HDFC Life?
Vibha Padalkar (Sep 12, 2018–)
HDFC Life Insurance/CEO
Is ULIP by HDFC Life a good investment?
Unit Linked Insurance Plans (ULIP) by HDFC Life are investment cum protection plans. The investments made in ULIP plans are subject to risks associated with capital markets.
What is hdhdfc life click2 invest?
HDFC Life Click2 Invest is a non-participating Unit Linked plan available online which gives the dual benefits of wealth maximization and insurance coverage under a single plan Income tax benefit on the premium paid as per Section 80C and on claims under Section 10 (10D) of the Income Tax Act.
What are the premium paying term options in HDFC Life click2invest ULIP?
The total Fund Value will be paid as the Maturity benefit on the successful completion of the policy term. HDFC Life Click2Invest ULIP offers flexible premium paying term options for investors to choose from. As Single Pay, 5 Pay, 7 Pay, 10 Pay, and Regular Pay.
What are the different types of ULIPs offered by hdhdfc?
HDFC offers different types of ULIPs under different types of plans like pension plans, child plans and savings and investment plans. Let us take a look at the different types of ULIP plans offered by the company.