CRISIL Unit Linked Insurance Plan Ranking 3 Value Equity1 - - - Debt - - 3 3 - - - 3 - - Reliance...
Transcript of CRISIL Unit Linked Insurance Plan Ranking 3 Value Equity1 - - - Debt - - 3 3 - - - 3 - - Reliance...
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ULIP categories
For the purpose of ranking, ULIPs are classified under four categories: Wealth I – Regular, Wealth I – Single, Wealth
II – Regular and Child.
Sr. No. Category Description
1 Wealth I – Regular
These are conventional ULIP plans, where an investor pays regular premiums till the policy
matures and receives fund value on maturity. Such policies offer the higher of sum assured,
minimum death benefit or fund value in the event of death of the insured.
2 Wealth I – Single
These are conventional ULIP plans, where an investor pays a one-time premium and receives
fund value on maturity. Such policies offer the higher of sum assured, minimum death benefit or
fund value in the event of death of the insured.
3 Wealth II – Regular
These are conventional ULIP plans, where an investor pays regular premium till the policy
matures and receives fund value on maturity. Such policies, offer both sum assured and fund
value in the event of death of the insured.
4 Child The primary life insured is the parent and in case of parent’s death, child receives the sum assured
immediately and future premiums are waived off and on maturity fund value is given to the child.
Cluster ranking
Definition and interpretation of cluster ranks:
Cluster Rank* Interpretation - Cost Interpretation – Performance
1 Low cost Very good performance in the category (top 10 percentile of the universe)
2 Below average cost Good performance in the category
3 Average cost Average performance in the category
4 Above average cost Below average performance in the category
5 Relatively high cost Relatively weak performance in the category
* If the top 10 percentile figure is not an integer, the same is rounded off to the nearest integer. The same approach is adopted for CRISIL ULIP
Rank 2 (11th to 30th percentile), CRISIL ULIP Rank 5 (last 91st to 100th percentile) and CRISIL ULIP Rank 4 (71st to 90th percentile) clusters. The
residual schemes in the universe are placed under CRISIL ULIP Rank 3.
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ULIPs ranking
Wealth I – Regular
Insurance company ULIP Cost rank Large-cap oriented funds Mid-cap
oriented funds Debt long term funds
Debt short term
funds
Bajaj Allianz Life Future Gain 1
Equity Growth Fund
II
Bluechip
Equity Fund - -
Accelerator Mid-
Cap Fund II Bond Fund - -
2 4 - - 3 3 - -
Edelweiss Tokio Life Wealth Ultima 1
Equity Large Cap
Fund - - - Equity Top 250 - - Bond Fund
1 - - - 3 - - 2
Reliance Nippon Life Smart Savings 1 Life Equity Fund 3 - - - -
Life Corporate
Bond Fund 1 - -
3 - - - - 3 - -
Aditya Birla Sun life Fortune Elite 2 Maximiser Super 20 - - Multiplier
Income
Advantage - Assure
3 4 - - 2 3 - 3
Edelweiss Tokio Life Wealth Accumulation
(Accelerated Cover) 2
Equity Large Cap
Fund - - - Equity Top 250 - - Bond Fund
1 - - - 3 - - 2
Kotak Mahindra Life Invest Maxima 2
Classic
Opportunities Fund
Frontline
Equity Fund - - -
Dynamic Bond
Fund
Dynamic
Gilt Fund -
2 2 - - - 3 3 -
Reliance Nippon Life Premier Wealth 2 Life Equity Fund 3 - - - -
Life Corporate
Bond Fund 1 - -
3 - - - - 3 - -
SBI Life Smart Wealth Builder 2 Equity elite fund II Equity Fund
Equity
Optimiser
Fund
Top
300
Fund
- Bond Fund - -
2 3 3 3 - 2 - -
4
Insurance company ULIP Cost rank Large-cap oriented funds Mid-cap
oriented funds Debt long term funds
Debt short term
funds
Tata AIA Life Fortune Pro 2
Large Cap Equity
Fund
Top 50
Fund
Top 200
Fund -
Mid Cap Equity
Fund Income Fund -
Short-Term Fixed
Income Fund
3 3 2 - 1 2 - 4
Aditya Birla Sun life Wealth Aspire 3 Maximiser Super 20 - - Multiplier
Income
Advantage - Assure
3 4 - - 2 3 - 3
Aegon Life Future Protect 3 Accelerator Fund - - - - Debt Fund - Secure Fund
4 - - - - 5 - 1
Canara HSBC Oriental
Bank of Commerce Life Dream Smart 3
Equity II Fund - - - - Debt Plus Fund - -
4 - - - - 4 - -
Canara HSBC Oriental
Bank of Commerce Life Smart Goals 3
Equity II Fund - - - - Debt Plus Fund - -
4 - - - - 4 - -
DHFL Pramerica Life Smart Wealth + 3
Large Cap Equity
Fund - - - - Debt Fund - -
5 - - - - 4 - -
Future Generali India
Life Wealth Protect Plan 3
Opportunity Fund - - - - Income Fund - -
4 - - - - 4 - -
HDFC Life ProGrowth Plus 3 Blue Chip Fund - - -
Opportunities
Fund Income Fund - -
3 - - - 5 3 - -
IDBI Federal Life Wealth Gain 3 - - - - Midcap Fund Bond Fund - Income Fund
- - - - 4 4 - 5
Kotak Mahindra Life Ace Investment 3
Classic
Opportunities Fund
Frontline
Equity Fund - - -
Dynamic Bond
Fund
Dynamic
Gilt Fund -
2 2 - - - 3 3 -
Kotak Mahindra Life Platinum 3
Classic
Opportunities Fund
Frontline
Equity Fund - - -
Dynamic Bond
Fund
Dynamic
Gilt Fund -
2 2 - - - 3 3 -
5
Insurance company ULIP Cost rank Large-cap oriented funds Mid-cap
oriented funds Debt long term funds
Debt short term
funds
Max Life Fast Track Super 3 Growth Super Fund - - - - Secure Fund
Secure
Plus Fund -
3 - - - - 2 2 -
Exide Life Wealth Maxima -
Invest 4
Prime Equity Fund - - - - Preserver Fund - -
4 - - - - 3 - -
Future Generali India
Life Bima Advantage Plus 4
Opportunity Fund - - - - Income Fund - -
4 - - - - 4 - -
HDFC Life ProGrowth Flexi - Life
Option 4
Blue Chip Fund - - - Opportunities
Fund Income Fund - -
3 - - - 5 3 - -
HDFC Life
Sampoorn Nivesh -
Classic Benefit
(Life Option)
4 Blue Chip Fund - - -
Opportunities
Fund Income Fund - -
3 - - - 5 3 - -
PNB MetLife Easy Super 4 Virtue II Flexi Cap Multiplier II - - Protector II
Preserver
II -
1 3 5 - - 3 5 -
Reliance Nippon Life Classic Plan II 4 Life Equity Fund 3 - - - -
Life Corporate
Bond Fund 1 - -
3 - - - - 3 - -
Exide Life Prospering Life Plus 5 Prime Equity Fund - - - - Preserver Fund - -
4 - - - - 3 - -
IndiaFirst Life Money Balance 5 Value Equity1 - - - Debt - -
3 3 - - - 3 - -
IndiaFirst Life Smart Save 5 Value Equity1 - - - Debt - -
3 3 - - - 3 - -
6
Wealth I – Single
Insurance company ULIP Cost rank Large-cap oriented funds Mid-cap
oriented funds Debt long term funds
Debt short term
funds
Canara HSBC Oriental
Bank of Commerce Life Shubh Labh 1
Equity II Fund - - - - Debt Plus Fund - -
4 - - - - 4 - -
SBI Life Smart Privilege 1 Equity elite fund II Equity Fund
Equity
Optimiser
Fund
Top 300
Fund - Bond Fund - -
2 3 3 3 - 2 - -
Canara HSBC Oriental
Bank of Commerce Life Smart One Pay 2
Equity II Fund - - - - Debt Plus Fund - -
4 - - - - 4 - -
ICICI Prudential Life Elite Life Super 2
Multi Cap Growth
Fund
Opportunities
Fund
Maximiser
V
Bluechip
Fund - Income Fund - -
1 2 3 3 - 1 - -
ICICI Prudential Life Elite Wealth Super 2
Multi Cap Growth
Fund
Opportunities
Fund
Maximiser
V
Bluechip
Fund - Income Fund - -
1 2 3 3 - 1 - -
ICICI Prudential Life Lifetime classic 2
Multi Cap Growth
Fund
Opportunities
Fund
Maximiser
V
Bluechip
Fund - Income Fund - -
1 2 3 3 - 1 - -
Aditya Birla Sun life Wealth Max 3 Maximiser Super 20 - - Multiplier
Income
Advantage - Assure
3 4 - - 2 3 - 3
7
Insurance company ULIP Cost rank Large-cap oriented funds Mid-cap
oriented funds Debt long term funds
Debt short term
funds
Bajaj Allianz Life Fortune Gain 3
Equity Growth Fund
II
Bluechip
Equity Fund - -
Accelerator Mid-
Cap Fund II Bond Fund - -
2 4 - - 3 3 - -
DHFL Pramerica Life Wealth+ACE 3
Large Cap Equity
Fund - - - - Debt Fund - -
5 - - - - 4 - -
Edelweiss Tokio Life Wealth Enhancement
Ace 3
Equity Large Cap
Fund - - - Equity Top 250 - - Bond Fund
1 - - - 3 - - 2
IDBI Federal Life Wealthsurance
Growth SP 3
- - - - Midcap Fund Bond Fund - Income Fund
- - - - 4 4 - 5
IndiaFirst Life Wealth Maximizer
Plan 3
Value Equity1 - - - Debt - -
3 3 - - - 3 - -
Reliance Nippon Life Premier Wealth 3 Life Equity Fund 3 - - - -
Life Corporate
Bond Fund 1 - -
3 - - - - 3 - -
SBI Life Smart Elite - Gold 3 Equity elite fund II Equity Fund
Equity
Optimiser
Fund
Top 300
Fund - Bond Fund - -
2 3 3 3 - 2 - -
SBI Life Smart Wealth Builder 3 Equity elite fund II Equity Fund
Equity
Optimiser
Fund
Top 300
Fund - Bond Fund - -
2 3 3 3 - 2 - -
8
Insurance company ULIP Cost rank Large-cap oriented funds Mid-cap
oriented funds Debt long term funds
Debt short term
funds
Tata AIA Life InvestOne 3
Large Cap Equity
Fund Top 50 Fund
Top 200
Fund -
Mid Cap Equity
Fund Income Fund -
Short-Term Fixed
Income Fund
3 3 2 - 1 2 - 4
HDFC Life
Sampoorn Nivesh -
Classic Benefit (Life
Option)
4 Blue Chip Fund - - -
Opportunities
Fund Income Fund - -
3 - - - 5 3 - -
Reliance Nippon Life Classic Plan II 4 Life Equity Fund 3 - - - -
Life Corporate
Bond Fund 1 - -
3 - - - - 3 - -
SBI Life Smart Wealth Assure 4 Equity elite fund II Equity Fund
Equity
Optimiser
Fund
Top 300
Fund - Bond Fund - -
2 3 3 3 - 2 - -
Shriram Life Fortune Builder 4 Accelerator - - - - Preserver - -
5 - - - - 1 - -
Exide Life Prospering Life SP 5 Prime Equity Fund - - - - Preserver Fund - -
4 - - - - 3 - -
Tata AIA Life Wealth Pro 5
Large Cap Equity
Fund Top 50 Fund
Top 200
Fund -
Mid Cap Equity
Fund Income Fund -
Short-Term Fixed
Income Fund
3 3 2 - 1 2 - 4
9
Wealth II - Regular
Insurance company ULIP Cost
rank Large-cap oriented funds
Mid-cap
oriented funds Debt long term funds
Debt short term
funds
ICICI Prudential Life Life Time Classic 1
Multi Cap Growth
Fund
Opportunities
Fund Maximiser V
Bluechip
Fund - Income Fund - -
1 2 3 3 - 1 - -
Edelweiss Tokio Life Wealth Accumulation
(Cover Plus) 2
Equity Large Cap
Fund - - - Equity Top 250 - - Bond Fund
1 - - - 3 - - 2
Aegon Life Future Protect Plus 3 Accelerator Fund - - - - Debt Fund - Secure Fund
4 - - - - 5 - 1
Exide Life Wealth Maxima -
Family 3
Prime Equity Fund - - - - Preserver Fund - -
4 - - - - 3 - -
HDFC Life Sampoorn Nivesh -
Classic Plus Benefit 3
Blue Chip Fund - - - Opportunities
Fund Income Fund - -
3 - - - 5 3 - -
Shriram Life Wealth Plus 4 Accelerator - - - - Preserver - -
5 - - - - 1 - -
HDFC Life SL ProGrowth Super
II - Life Option 5
Blue Chip Fund - - - Opportunities
Fund Income Fund - -
3 - - - 5 3 - -
10
Child
Insurance company ULIP Cost Large-cap oriented Mid-cap
oriented Debt long term Debt short term
ICICI Prudential Life Smart Life 1
Multi Cap Growth
Fund
Opportunities
Fund
Maximiser
V
Bluechip
Fund - Income Fund - -
1 2 3 3 - 1 - -
Exide Life Wealth Maxima -
Child 2
Prime Equity Fund - - - - Preserver Fund - -
4 - - - - 3 - -
IDBI Federal Life Wealthsurance Future
Star 2
- - - - Midcap Fund Bond Fund - Income Fund
- - - - 4 4 - 5
SBI Life Smart Scholar 2 Equity elite fund II Equity Fund
Equity
Optimiser
Fund
Top 300
Fund - Bond Fund - -
2 3 3 3 - 2 - -
Aegon Life Rising Star 3 Accelerator Fund - - - - Debt Fund - Secure Fund
4 - - - - 5 - 1
Canara HSBC Oriental
Bank of Commerce
Life
Future Smart 3 Equity II Fund - - - - Debt Plus Fund - -
4 - - - - 4 - -
Canara HSBC Oriental
Bank of Commerce
Life
Smart Future 3
Equity II Fund - - - - Debt Plus Fund - -
4 - - - - 4 - -
Kotak Mahindra Life Headstart Child
Assure 3
Classic Opportunities
Fund
Frontline
Equity Fund - - -
Dynamic Bond
Fund
Dynamic
Gilt Fund -
2 2 - - - 3 3 -
Max Life Shiksha Plus Super 3 Growth Super Fund - - - - Secure Fund
Secure
Plus Fund -
3 - - - - 2 2 -
11
Insurance company ULIP Cost Large-cap oriented Mid-cap
oriented Debt long term Debt short term
IndiaFirst Life Happy India 4 Value Equity1 - - - Debt - -
3 3 - - - 3 - -
Kotak Mahindra Life Wealth 4
Classic Opportunities
Fund
Frontline
Equity Fund - - -
Dynamic Bond
Fund
Dynamic
Gilt Fund -
2 2 - - - 3 3 -
PNB MetLife Smart Child 4 Virtue II Flexi Cap Multiplier II - - Protector II
Preserver
II -
1 3 5 - - 3 5 -
HDFC Life SL Youngstar Super
Premium - Life Option 5
Blue Chip Fund - - - Opportunities
Fund Income Fund - -
3 - - - 5 3 - -
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