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The output generated through calculator are on the basis of the data inputted by you and is being provided to you solely for your reference purpose and not to be construed as investment advice. Please seek independent advice from your insurance consultant before making any investment decisions. While proper caution has been taken in designing this calculator, Bajaj Life Insurance Limited. assumes no liability for the accuracy of the information and data provided in this tool.

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India Consumption Fund

To achieve capital appreciation by investing in a diversified basket of equity and equity related instruments of companies in consumption and allied sectors.

 

Asset Allocation

  1. Minimum Equity Exposure - 65%
    Core equity and equity-related instruments allocation floor
  2. Maximum Equity Exposure - 100%
    Upper limit for equity and equity-related securities
  3. Maximum Cash & Equivalents - 35%
    Liquidity buffer including cash, deposits, liquid funds, and money market instruments

Why India Consumption Fund?

The Bajaj Life India Consumption Fund offers investors a compelling opportunity to participate in India's vibrant consumer story. This fund strategically combines established market leaders with high-growth emerging businesses, creating a diversified portfolio that captures the full spectrum of consumption opportunities across the Indian economy.

 

Multi-Stage Investment Approach

Invests across established market leaders, scalable businesses, and emerging high-growth companies to capture value at every stage of business maturity.

 

Multigenerational Appeal

Designed for investors across all age groups and life stages, offering both growth potential for younger investors and stability for those seeking long-term wealth preservation.

 

Sector Diversification

Portfolio strategically diversified across multiple consumption sectors including retail, food & beverage, healthcare, education, and lifestyle services.

 

Expansive Investment Universe

Access to over 400+ stocks across India's consumption ecosystem, providing extensive opportunities to identify winners in a rapidly evolving market.

This broad universe enables the fund to remain nimble and capitalize on emerging trends while maintaining exposure to established consumer franchises.

 

Market Cap Agnostic Strategy

Combines top-down macroeconomic analysis with rigorous bottom-up stock selection to identify the best opportunities regardless of company size.

This flexible approach allows the fund to invest where growth potential is highest, unconstrained by market capitalization limits.

 

Investment Insight: The Indian consumption story is powered by rising incomes, urbanization, and demographic advantages. This fund is positioned to capture this structural growth trend through a carefully constructed, diversified portfolio of consumption-focused businesses.

Consumption outperforms the broader market in all periods

Index1Yr3Yr5Yr10Yr15YrSince Inception*
Nifty 500 Index4.5%15.4%19.9%13.4%11.0%12.1%
Nifty India Consumption Index8.1%15.9%19.9%13.6%13.4%13.5%
Alpha3.64%0.54%0.02%0.17%2.39%1.45%
The Nifty India Consumption Index has significantly outperformed Nifty 500 Index across all time periods

 

Source :- Bloomberg, Bajaj Life Research | Past performance is not indicative of future performance | Since Inception = 02 Jan 2006

Consumption outperforms the broader market in the long-term

Risk

       

📌 Consumption Index significantly has outperformed the broader in the long-term.

📘 10x Return delivered by Nifty India Consumption Index, lumpsum ₹1000 Investment grew to ₹ ~10,000 in 19 Years Vs ₹ ~8000 in Nifty 500 Index

Source :- Bloomberg, Bajaj Life Research | Past performance is not indicative of future performance

Now Available With

Bajaj Life

Future Wealth Gain IV

A Unit- linked Non- Participating Individual Life Savings Insurance Plan

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Goal Assure IV

A Unit-linked Non-Participating Individual Life Savings Insurance Plan

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LongLife Goal III

A Unit-linked Non-Participating Whole Life Insurance Plan

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Invest Protect Goal III

A Unit-linked Non-Participating Individual Life Savings Insurance Plan

Bajaj Life

Magnum Fortune Plus III

A Unit-linked Non-Participating Individual Life Savings Insurance Plan

Bajaj Life

Goal Based Saving III

A Unit-linked Non-Participating Individual Life Savings Insurance Plan

Bajaj Life

Fortune Gain II

A Unit-linked Non Participating Individual Life Savings Insurance Plan

Bajaj Life

Smart Wealth Goal V

A Unit-linked Non-Participating Individual Life Savings Insurance Plan

Bajaj Life

GAIN

A Unit- Linked Non- Participating Individual Life Savings Insurance Plan

Bajaj Life

Supreme

A Unit- Linked Non- Participating Individual Life Savings Insurance Plan

In addition to the already existing funds, India Consumption Fund is now available with the above mentioned products. Customer has an option to choose from other available funds apart from India Consumption Fund.

Why Bajaj Life Insurance ?

Bajaj Life Insurance, one of India's leading Private Life Insurers, is committed to offering value-packed and innovative products to help you achieve your Life Goals.

99.29%

Claim Settlement Ratio~

1 Day

Get 1 Day Claim Approval%

AAA

Stable Rating by CARE$$

₹1,26,434 Cr

Assets Under Management (AUM)***

3.78 Cr

Number of Lives Covered##

359%

Solvency Ratio of 359%^^^

Disclaimer:~Individual Death Claim Settlement Ratio for FY 2024-2025 | %99.29% of non-investigative individual claims approved in one working day for FY 2024-25. 1 day is counted from date of intimation of claim before 3 PM on a working day (excluding Non-NAV days for ULIP) at Bajaj Life Insurance offices. 96% of non - investigative claims notified were processed within one day in FY’25 | $$For details refer to press release published by CARE | ***All figures as on 31 March, 2025 | ^^^Solvency ratio 359% as at 31 March 2025 against IRDAI mandated 150% | ##Individual and group, as on 31 March, 2025.

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Customer Speaks

Helpful, Best Policy
The reason to choose Bajaj Life Insurance is because of the claim settlement ratio and the easy after sales support which Bajaj Life Insurance provides. The process is speedy and the customer support provides 360 information on term insurance policy. All the term insurance variants were well explained by the Bajaj team with or without accidental death benefit and critical illness benefit.
Ankurjit Singh
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I am a happy customer who is satisfied with the after sales service. I have full trust in Bajaj Life Insurance Company.
Rahul Kumar
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Great experience
Bajaj Life Insurance provides a seamless experience when it comes to buying term plan. The customer representative explained the term plan product to me in my native language and the doubts regarding Claim Settlement Ratio, Term Premium calculator, Term Plan Premium Payment terms and Exit value. I was completely unaware about the checklist to have while buying term plan but Bajaj Life Insurance made it very easy , fast & trustworthy process
Nandini Dhar
4.5
Helpful, Best Policy
Bajaj Life Insurance Policy purchase journey is quite smooth and fast for buying term plan. Health Check-up and medicals happened quickly and timely. The support team also guides me at each and every step for buying the term plan. All the term plan variants were explained by the sales team and what is recommended as per my income level.
Rajesh Kumar Dahayat
5
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Frequently Asked Questions

  • Unit-Linked Insurance Plans

1. What are the key features of ULIPs?

ULIP is a life insurance product, that also comes with an option of market linked investment. ULIPs help you secure the financial future of your loved ones through the insurance component and at the same time generate long-term wealth for your financial goals. The key features[12] of unit-linked insurance plans (ULIPs) are:

  • ULIP has a lock-in period of 5 years within which you can’t withdraw funds.
  • Post the lock-in period, partial withdrawals are allowed in emergencies or financial requirements and subject to terms and conditions of the policy.
  • You can pay premiums in an annual, half-yearly, quarterly, or monthly schedule as per your affordability.
  • If you feel your portfolio is underperforming, you can reallocate your money from one fund to another.

2. What are the different types of funds under ULIPs?

Unit Linked Insurance Plan allow you to secure the future of your dependants with a life insurance and meet your financial goals through a market linked investment option. When investing in a ULIP, you will be able to choose from the below fund options available[13]:

  • Debt Funds : Invests majorly in debt funds, government securities, bonds, and money market instruments.
  • Equity Funds : Invests mostly in equities and company stocks.
  • Balanced Funds : Invests in a mix of debts and equities.

3. How does a ULIP differ from traditional plans?

A ULIP differs from traditional plans in terms of its market-linked features. Unlike traditional plans, ULIPs[14] invest a portion of premiums paid in market-linked funds to earn returns, with no fixed maturity benefit, have a 5-year lock-in period, allow fund switches, and enable policyholders to track their portfolio.

4. What is the difference between Sum Assured and Maturity Benefit in a ULIP?

A sum assured in ULIP[15] is the life cover or the minimum assured amount payable upon the death of the life assured . The maturity benefit refers to the total return earned on maturity through the investment component of the policy.

5. What returns can I expect from a ULIP?

The returns from a ULIP[13] are based on the mix of the portfolio chosen by the policyholder. Equities, or high-risk assets, may earn high returns over the long term, while debt funds or other less risky assets can fetch lower returns.

6. Are ULIPs tax-free?

The maturity and death benefits are tax-free in ULIP[13] under section 10(10D) of the Income Tax Act, 1961 (subject to satisfaction of conditions mentioned therein). Additionally, annual premium payment is also subject to deductions under section 80C (in case of old tax regime).

7. How do I choose my preferred ULIP?

To choose your preferred ULIP, you may focus on the following steps:

  • Identify the investment goals.
  • Choose the right amount of life insurance coverage
  • Carefully check the fund options and pick the ones that align with your investment objectives and risk appetite.
  • Research and review how your previous funds have performed in the past** of the ULIP plans
  • Understand and compare the charges associated.

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Disclaimer
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Bajaj Life Insurance Limited (Formerly known as Bajaj Allianz Life Insurance Company Limited)

BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS / FRAUDULENT OFFERS
IRDAI or its officials do not involve in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.

Risk Factors and Warning Statements: Bajaj Life Insurance Limited Regd. Office Address: Bajaj Insurance House, Airport Road, Yerawada, Pune - 411006. IRDAI Reg. No.: 116. CIN : U66010PN2001PLC015959 | Mail us : customercare@bajajlife.com | Call on : Customer Care Number: 020-6712 1212 | The Logo of Bajaj Life Insurance Limited is provided on the basis of license given by Bajaj Finserv Ltd. to use its “Bajaj” Logo. For more details on risk factors, terms and conditions please read sales brochure & policy document (available on www.bajajlifeinsurance.com) carefully before concluding a sale. All charges/ taxes, as applicable, will be borne by the Policyholder

The Unit Linked Insurance Products do not offer any liquidity during the first five years of the contract. The policyholder will not be able to surrender or withdraw the monies invested in Unit Linked Insurance Products completely or partially till the end of the fifth year.

ULIPs are different from the traditional insurance products and are subject to the risk factors. The premium paid in ULIPs are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions. Bajaj Life Insurance Limited is only the name of the Life Insurance Company and Bajaj Life Future Wealth Gain IV - A Unit- linked Non- Participating Individual Life Savings Insurance Plan (UIN:116L202V01), Bajaj Life Goal Assure IV - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L204V01), Bajaj Life LongLife Goal III is A Unit-linked Non-Participating Whole Life Insurance Plan (UIN:116L203V01), Bajaj Life Invest Protect Goal III - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L205V01), Bajaj Life Magnum Fortune Plus III - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L207V02), Bajaj Life Goal Based Saving III - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN:116L206V01),  Bajaj Life Fortune Gain II- A Unit-linked Non Participating Individual Life Savings Insurance Plan (UIN- 116L196V03), Bajaj Life Smart Wealth Goal V - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L201V04), Bajaj Life GAIN -A Unit- Linked Non- Participating Individual Life Savings Insurance Plan (UIN:116L213V01), Bajaj Life Supreme- A Unit- Linked Non- Participating Individual Life Savings Insurance Plan (UIN: 116L211V01) are only the name of the unit linked insurance contracts and does not in any way indicate the quality of the contract, its future prospects or returns. Please know the associated risks and the applicable charges, from your Insurance agent or the Intermediary or policy document issued by the insurance company. 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.

India Consumption Fund is available with Bajaj Life Future Wealth Gain IV - A Unit- linked Non- Participating Individual Life Savings Insurance Plan (UIN:116L202V01), Bajaj Life Goal Assure IV - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L204V01), Bajaj Life LongLife Goal III is A Unit-linked Non-Participating Whole Life Insurance Plan (UIN:116L203V01), Bajaj Life Invest Protect Goal III - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L205V01), Bajaj Life Magnum Fortune Plus III - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L207V02), Bajaj Life Goal Based Saving III - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN:116L206V01), Bajaj Life Fortune Gain II- A Unit-linked Non Participating Individual Life Savings Insurance Plan (UIN- 116L196V03), Bajaj Life Smart Wealth Goal V - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L201V04), Bajaj Life GAIN -A Unit- Linked Non- Participating Individual Life Savings Insurance Plan (UIN:116L213V01) and Bajaj Life Supreme- A Unit- Linked Non- Participating Individual Life Savings Insurance Plan (UIN: 116L211V01)

In addition to the already existing funds, India Consumption Fund is now available with the above mentioned products. Customer has an option to choose from other available funds apart from India Consumption Fund

Past returns of a fund are not necessarily indicative of the future performance of the fund. | Please consult the financial advisor before investing

#As per Government of India Notification No. 16/2025, GST is not applicable on individual life insurance policies effective 22 September 2025.

**Not available if policy issued after 22nd December 2025.

BLIC-OT-EC-19547/25

Bajaj Life Insurance Limited (Formerly known as Bajaj Allianz Life Insurance Company Limited).| All Rights Reserved. | IRDAI Reg. No. 116 | An ISO 9001:2015 and ISO 27001:2013 Certified IT Department

CIN: U66010PN2001PLC015959 | Registered Office Address: Bajaj Insurance House, Airport Road, Yerawada, Pune - 411006, Maharashtra

Email: customercare@bajajlife.com | Customer Care Number: 020-6712 1212

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Claim Settlement Ratio of 99.29%~