ABSLI’s Group Unit Linked Plan is a flexible fund-based or unit-linked plan designed to help you accumulate funds for managing gratuity and leave encashment liabilities.
Key Features:
- Fund Choices: Select from multiple fund options.
- Unlimited Fund Switches: Make unlimited switches between funds.
- Account Options: Choose to create either a single pooled account or multiple accounts.
- Death Benefit: Provides a death benefit for employees.
Fund Options:
- Group Fixed Interest Fund
- Group Gilt Fund
- Group Growth Fund
- Group Growth Advantage Fund
- Group Money Market Fund
- Group Secure Fund
- Group Stable Fund
- Group Bond Fund
- Group Short Term Debt Fund
Benefits:
- Flexibility: High level of flexibility with multiple fund options, unlimited switches, and account types.
- Death Benefit: Upon an employee’s death, either the specified benefit amount or the fund value (whichever is higher) will be paid to the nominee, plus an additional Rs. 5,000.
- Investment Management: Manage your investment portfolio online, track fund performance, and make fund switches.
- Advisory Services: Receive investment advisory services from ABSLI, including regular updates on portfolio management.
- Transparency: Complete transparency with daily NAV declarations of funds.
For more information, download the Plan Brochure or contact ABSLI for personalized assistance.