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Insurance Company
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Kotak Mahindra Old Mutual Life Insurance Ltd
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Plan Name
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Kotak Headstart Child Plans - Assure Wealth (Single Life)
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Plan Nature
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ULIP
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Plan Category
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Child Plan
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UIN No.
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107L034V02
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About Plan
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Kotak Headstart Assure Wealth - a specially tailored, cost effective plan that aims to give your child the financial means to pursue his or her dreams - and to live them.
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Minimum Entry Age
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18Yrs0Yrs (Younger beneficiary)
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Maximum Entry Age
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60Yrs17Yrs (Older beneficiary)
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Minimum Maturity Age
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28Yrs for the Policy holder18Yrs (Younger beneficiary)
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Maximum Maturity Age
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70Yrs for the Policyholder42Yrs (Older beneficiary)
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Minimum Premium
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Rs.25000 p.a for payment term of 4 - 10YrsRs.50000 p.a for payment term of 3Yrs
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Benefits
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| No data for Benefits |
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Tax Benefits
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| Section | Description |
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SEC 80 C
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Under Section 80 C premiums up to Rs. 100,000 are allowed as deduction from taxable income.
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SEC 10 (10)D
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Maturity and Death Benefits are tax free under section 10 (10) D of the Income Tax Act, 1961.
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SEC 80 D
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Under Section 80 D premium up to Rs 10,000 (Rs.15,000 for senior citizens) are allowed as deduction from taxable income.
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Kotak Accidental Death Benefit (Rider) [107C001V01]
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Kotak Permanent Disability Benefit (Rider) [107C002V01]
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Critical Illness Benefit (Rider) [107C009V01]
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The plan provides cover in case of sad demise of the life insured. in the event of death of the parent the higher of the fund value in the main account or the Sum Assured along with the fund value in the top-up account will be payable.
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A total of eight funds covering the entire specturm of equity and debt investment offer you unprecedented choice. you can choose the fund that balanced your risk profile with the tenure of your investment.if you are an astute investor, who wants the flexibility to manage his investment as per market conditions, than the freedom to switch is ideal for you.
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Aggressive Growth
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Balanced Fund
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Classic Opportunities Fund
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Dynamic Balanced
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Dynamic Bond
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Dynamic Floating Rate
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Dynamic Floor
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Dynamic Floor Fund II
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Dynamic Gilt
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Dynamic Growth
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Frontline Equity Fund
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Money Market Fund
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Opportunities Fund
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Particulars
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Range
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Aggressive Growth
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Equity
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60% - 100%
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Debt
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0% - 40%
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Classic Opportunities Fund
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Equity
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75% - 100%
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Debt (Including Money Market Instruments)
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0% - 25%
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Dynamic Balanced
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Equity
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30% - 60%
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Debt
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20% - 70%
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Cash & Money market
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0% - 20%
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Dynamic Bond
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Debt
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0% - 100%
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Cash & Money market
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0% - 20%
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Dynamic Floating Rate
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Debt
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0% - 100%
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Cash & Money Market
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0% - 20%
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Dynamic Floor
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Equity
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0% - 75%
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Debt
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25% - 100%
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Dynamic Floor Fund II
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Equity
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0% - 75%
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Debt (Including Money Market Instruments)
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25% - 100%
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Dynamic Gilt
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Debt
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80% - 100%
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Cash & Money market
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0% - 20%
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Dynamic Growth
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Equity
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40% - 80%
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Debt
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0% - 40%
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Cash & Money market
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0% - 20%
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Frontline Equity Fund
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Equity
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60% - 100%
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Debt (Including Money Market Instruments)
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0% - 40%
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Money Market Fund
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Debt (Including Money Market Instruments)
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0% - 100%
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Opportunities Fund
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Equity
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75% - 100%
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Debt
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0% - 25%
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Aggressive Growth Fund
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18-Jun-13
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37.184
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Balanced Fund
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18-Jun-13
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12.6101
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Classic Opportunities Fund
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18-Jun-13
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12.3937
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Dynamic Balanced Fund
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18-Jun-13
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35.6097
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Dynamic Bond Fund
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18-Jun-13
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22.1196
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Dynamic Floating Rate Fund
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18-Jun-13
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18.1989
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Dynamic Floor Fund
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18-Jun-13
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19.1753
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Dynamic Floor Fund II
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18-Jun-13
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12.2643
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Dynamic Gilt Fund
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18-Jun-13
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20.5259
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Dynamic Growth Fund
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18-Jun-13
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39.3036
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Frontline Equity Fund
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18-Jun-13
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11.6581
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Money Market Fund
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18-Jun-13
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12.7809
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Opportunities Fund
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18-Jun-13
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22.3333
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Aggressive Growth
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Balanced Fund
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Classic Opportunities Fund
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Dynamic Balanced
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Dynamic Bond
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Dynamic Floating Rate
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Dynamic Floor
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Dynamic Floor Fund II
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Dynamic Gilt
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Dynamic Growth
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Frontline Equity Fund
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Money Market Fund
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Opportunities Fund
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21-Jan-09
11:52
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Kotak Life ties up with DHFL Vysya
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15-Jan-09
14:10
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Kotak Life registered a growth of 63%
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24-Dec-08
14:50
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Kotak Life launches interactive Web site
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22-Oct-08
12:10
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Kotak Life launches Kotak long life
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16-Oct-08
11:59
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Insurance cover for student loans
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15-Oct-08
09:35
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Allahabad Bank signs MoU with Kotak Life Insurance
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01-Sep-08
09:35
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Other Insurers to follow Kotak's strategy on cut insurance cost
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28-Aug-08
20:41
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Kotak Life insurance brings down term plan rates up to 40%
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