Get ₹ 1 Crore for ₹ 10k/month investment
NFO expires on 10th August
Online Savings Plan
Axis Max Life BSE 500 Value 50 Index Fund
7Y Return
22.40% p.a.
Investment Amount
10k/month
Lumpsum Payout*
2.66 Cr
If invested 20 yrs ago
Min. investment of ₹3000/month
Premium payment term of 5 to 30 years
Policy term of 5 to 30 years
Understand the benefits of this plan
Build wealth of Rs 1 Crore tax free by investing Rs 10000/month for 30 years*
Save tax up to Rs 46800/year and zero capital gains tax on maturity amount**
This plan combines wealth growth with life insurance coverage, providing up to 30 times your annual premium.
In the unfortunate event of the policyholder's death or permanent disability, the insurer pays the remaining premiums, while the family receives the full life cover amount.
Risk factors and warning statements:
i. Unit linked insurance products are different from traditional insurance products and are subject to the risk factors.
ii.The premium paid and return from unit linked insurance policies are subject to investment risks associated with capital markets and publicly available index. The NAVs of the units may go up or down based on the performance of the fund and factors influencing the capital market/ publicly available index and the insured is responsible for his/her decisions.
iii. The returns mentioned for the plans of Tata AIA and Axis Max Life are benchmarked to Nifty 200 Alpha 30 Index and BSE 500 Enhanced Value 50 respectively. The returns are as on 16th July 2025.
iv. Please know the associated risks and the applicable charges, from the policy brochure available on the PhonePe application, or from the policy document issued by the insurance company.
v. The respective insurer's name is only the name of the Life Insurance Company and the respective plan name is only the name of the unit linked insurance contract and does not in any way indicate the quality of the contract, its future prospects, or returns.
vi. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns.
Declaration:
i. By proceeding, you allow PhonePe Insurance Broking Services and the insurance provider to call you and provide assistance for the service you are trying to avail, irrespective of your DNC registration (if any).
ii. You will receive a call from PhonePe or the respective insurance provider to guide you through the purchase. After this step, you will be redirected to the insurer's website to complete the application.
Disclaimers
*The insurer wise maturity amount is calculated assuming a 30 year old male investing 10k monthly for 20 years such that the lump sum is withdrawn at the end of the 20th year.
*The maturity amount of Rs 1 Cr. is calculated for a monthly investment of Rs 10,000/-, for 30 years, on assumed CAGR of 8%, and policy charges ~2% per annum; The actual return may go up or down based on the performance of the selected fund(s) and factors influencing the capital market. The investment risk in the portfolio is borne by the policyholder.
**U/s 10(10d) of income tax act, you can avail tax exemption on the maturity payout, if the premium payable does not exceed 10% of the sum assured in any of the years during the policy term. Additionally, to avail this benefit, your aggregate ULIP premium paid annually must not exceed Rs. 2,50,000 in any year during the policy term. Tax benefits are subject to change in tax laws. Tax benefits of ₹46,800 u/s 80C are calculated at the highest tax slab rate of 31.20% (including cess excluding surcharge) on life insurance premium u/s 80C of income tax act for a premium of ₹1,50,000.
PhonePe Insurance Broking Services Private Limited
(IRDAI Reg. 766 - Direct Broker – Life and General) - valid till 10/8/2027. CIN- U66000KA2020PTC132814. Reg. office - Office-2, Floor 4, Wing A, Salarpuria Softzone, Bellandur, Bengaluru, Karnataka-560103.