Updated January 2025

Best ULIP Plans in India 2025

Compare top-performing ULIPs based on returns, charges, fund options, and customer ratings to find the best plan for your investment goals.

Our Selection Criteria

5-Year Fund Performance
Low Expense Ratio
Customer Ratings
Insurer Reputation

Top 5 ULIP Plans for 2025

#1
ICICI Pru Signature
Top Pick
ICICI Prudential
Best Overall
4.5

5-Year Returns (Equity)*

14.2%

Min Premium

₹18,000/year

Key Features

  • Zero allocation charge
  • 4 fund options
  • Unlimited free switches
#2
HDFC Life Click 2 Invest
HDFC Life
Best Online ULIP
4.4

5-Year Returns (Equity)*

13.8%

Min Premium

₹12,000/year

Key Features

  • Online-only
  • Low charges
  • 5 fund options
#3
SBI Life Smart Wealth Builder
SBI Life
Best for Loyalty Benefits
4.3

5-Year Returns (Equity)*

13.5%

Min Premium

₹24,000/year

Key Features

  • Loyalty additions
  • Multiple fund options
  • Systematic transfer
#4
Max Life Online Savings Plan
Max Life
Best Fund Selection
4.3

5-Year Returns (Equity)*

13.2%

Min Premium

₹18,000/year

Key Features

  • Zero premium allocation
  • Auto-rebalancing
  • 8 fund options
#5
Tata AIA Fortune Pro
Tata AIA
Best Index Fund Option
4.2

5-Year Returns (Equity)*

12.9%

Min Premium

₹24,000/year

Key Features

  • Index fund option
  • Guaranteed additions
  • Flexible premium

*Returns are historical and not indicative of future performance. Data as of December 2024. Please verify with insurers before investing.

Top Performing ULIP Funds

Fund NameCategory1Y Return3Y Return5Y Return
ICICI Pru Multi-Cap GrowthMulti-Cap18.5%15.2%14.8%
HDFC Life Opportunities FundMulti-Cap17.8%14.5%14.2%
SBI Life Equity FundLarge Cap16.2%13.8%13.5%
Max Life High Growth FundMulti-Cap19.2%14.8%13.9%
Tata AIA Large Cap FundLarge Cap15.5%13.2%12.8%

Returns are CAGR as of December 2024. Past performance does not guarantee future results.

Calculate Your ULIP Returns

Use expected returns from top-performing funds to project your investment growth.

₹1,000₹10,00,000
10 years
1 year30 years
15 years
10 years30 years

Your investment will grow for 5 additional years without new contributions.

12% p.a.
6% (Conservative)20% (Aggressive)

Deduct typical ULIP fees from calculation

Total Invested

₹12,00,000

Maturity Value

₹72,16,099

Wealth Gained

+₹60,16,099

(+501%)

Investing ₹10,000/month for 10 years, then staying invested for 5 more years

Growth Projection

How to Choose the Best ULIP

1. Check Fund Performance

Look at 5-year and 10-year returns of the equity and balanced funds offered. Compare with benchmark indices like Nifty 50. Consistent performance over multiple market cycles is more important than short-term returns.

2. Compare Charges

Lower charges mean more of your money gets invested. Look for ULIPs with zero premium allocation charge, low fund management fees (around 1.35%), and reasonable policy administration charges.

3. Fund Options

Choose ULIPs with diverse fund options - equity, debt, balanced, and index funds. This gives you flexibility to adjust your portfolio based on market conditions and your changing risk appetite.

4. Insurer Reputation

Consider the insurer's claim settlement ratio, solvency ratio, and customer service quality. Top insurers like ICICI Prudential, HDFC Life, SBI Life, and Max Life have proven track records.

5. Additional Features

Look for value-added features like loyalty additions, free fund switches, systematic transfer options, and settlement options at maturity.

Frequently Asked Questions

Disclaimer: The information provided is for educational purposes only and should not be construed as investment advice. ULIP returns are subject to market risks. Past performance does not guarantee future results. Please read the policy documents carefully and consult a financial advisor before investing. We do not endorse any specific insurance company or ULIP plan.