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Monthly SIP
+ Life Insurance upto 15 lacks
+ Accident Cover
+ Tax Exemption U/S 80 C
+ Maturity Bonus
+ Lowest cost product in the Insurance & Mutual fund industry
+ Single Premium Facility /Flexibility for Advance payment of Contributions & all the other existing features

Multiple benefits for the investor :
•        Higher Life Insurance Cover : Target Amount increased to Rs. 15 Lacs
•        Life Insurance Cover at a low cost
•        No medical examination  for cover
•        Personal accident cover upto Rs. 50,000/-
•        Cover to continue even in case of non-receipt of installment
•        Tax Benefit : Opportunity to save tax under Sec 80 C  of IT Act , 1961
•        No tax deducted at source
Presenting UTI-ULIP with enhanced features: An open ended tax saving cum insurance scheme.
Investment Objective is to provide return through growth in the NAV or through dividend distribution and reinvestment thereof.  Amounts collected under the scheme shall generally be invested as follows:

(i) Not less than 60% of the funds in debt instruments with low to medium risk profile.
(ii) Not more than 40% of the funds in equities and equity related instruments.
Asset allocation:
Debt - Minimum 60% Maximum 100%
Equity - Minimum 0% Maximum 40%
Scheme Features :
-        Minimum Target Amount Rs 15000
-        Maximum Target Amount -  Rs 15 Lakhs w.e.f. 07.07.08.
-        Flexibility for Advance payment of Contributions to time the Market.
-        A scheme for all the members of the family fulfilling varying needs.
-        Anyone between 12 and 55 1/2 can invest in the scheme
-        Lowest cost product in the insurance industry and mutual fund industry
-        Liquidity – premature withdrawal in case of an emergency and partial repurchase subject to a balance
-        Units can be bought at NAV (i.e. no entry load) and repurchased at NAV after the 10 / 15 years
-        Maturity bonus of 5% & 7.5% on 10 yr & 15 yr plans respectively
Greater flexibility for the investor :
•        SIP Mode of investment : Systematic investment plan for a disciplined investment approach.
•        Now you can invest in UTI ULIP through the easy and convenient route of systematic monthly instalments also!! •        

•        Can start an SIP with as low as Rs 500/- per month
•        Flexibility to invest higher than the target amount
•        Choice to investor for fixed or declining term cover
Choose the insurance you need : UTI ULIP offers you two distinct options –
•        Fixed Term: A type of pure life insurance policy where the life coverage remains the same during the entire term of the policy.
•        Ideal for an investor who prefers a larger insurance cover
•        Declining Term: A type of pure life insurance policy where the life coverage reduces during the entire term of the policy
•        Ideal for an investor who needs an insurance cover towards meeting a specific financial liability
Monthly SIP under UTI-ULIP & Features
•        SIP Mandate Form should be submitted at least 1 month before the first SIP instalment date.
•        The period of SIP shall be the plan period chosen by the investor i.e. 10 years or 15 years.
•        Investors will be considered to be under the yearly mode of contribution and annual payment of premium will be applicable.
•        The premium payable for a year will be deducted from the first SIP instalment received that year.
•        Post Dated Cheques will have to be given for a period of at least 2 years at a time.
•        Existing Investor cannot start the SIP for target amounts already chosen by him. SIP can be started only for additional target amounts.

Entry Load 2.25% (Other Insurance ULIP it is 12-35%).

Annual Expense 1.6% ( Other Insurance ULIP it is 2-4%)With the added features, the new avtar of UTI ULIP has made it more attractive