Invest in equity markets - higher risk for higher long term returns
Online Savings Plan
Axis Max Life Nifty 500 Multifactor 50 Index Fund
Return Since Inception
21.00% p.a.
Investment Amount
10k/month
Lumpsum Payout*
2.27 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 you get from different investment or savings plans
Tax Savings
Save 12.5% capital gains tax on investment returns profits and up to Rs. 46,800 per year under section 80(c).
Life Cover Protection
Get life cover protection up to 30 times annual premium
Market-Linked Returns
Earn market-linked returns to beat inflation
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 Bajaj Allianz, Tata AIA and HDFC Life are as of 31st Jan 2025. The returns of ICICI Prudential plans are as of 28th Feb 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. Plan Name - Axis Max Life Online Savings Plan UIN: 104L098V06. NFO is Live between 20th May 2025 to 3rd June, 2025. *5-year return is of benchmark NIFTY 500 Multifactor MQVLv 50 Total Return Index as of 25th April 2025 and are not indicative returns of Axis Max Life Insurance’s newly launched Axis Max Life Nifty 500 Multifactor 50 Index Fund (ULIF03414/05/25MULTIFACTO104).
vi. Return since inception of Axis Max Life Nifty 500 Multifactor 50 Index Fund is of the benchmark NIFTY 500 Multifactor MQVLv 50 Total Return Index and the past returns are not indicative future performance.
vii. *5 year return of India Consumption Fund (ULIF 061 15/07/14 ICF 110) as of 31/01/2025 are not indicative return of Tata AIA Life Tax Bonanza Consumption Fund.
viii. 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 anyway indicate the quality of the contract, its future prospects or 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.
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.