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Posts Tagged ‘Bharti AXA’

Guarantee Builder – Bharti AXA Unit Linked Life Insurance Plan

June 18th, 2009

Bharti AXA Life Guarantee Builder is a Unit Linked Guarantee Plan. It’s a very solid investment plan that will provide you long term benefits by investing in a mix of debt & equities, while providing a Guaranteed Maturity Value over 15 years.It has a strong life insurance protection embedded for your family so i think it is a worth plan for you..

Bharti AXA Life Guarantee Builder Key Benefits:

Ensure solid protection for your family through a Death Benefit that offers Sum Assured PLUS Fund Value
Get the comfort of a Guaranteed Maturity Value (GMV) which means atleast your investment premiums are returned at maturity.
Get the power of Builder, which means that you can expect your GMV to potentially increase by 1% each year till it reaches 115% by the time Guarantee is applicable.
The new Build n Protect Fund ensures not only safety to your investments, but also provide you the springboard for growth of your investments over the long-term by allocating upto 40% in large-cap stocks.
Get tax benefits on the premiums paid and benefits received as per the prevailing tax laws.

still confuse check the official site.

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Tags: Bharti AXA Bharti AXA Life

Bharti AXA unveils DSTP – daily systematic transfer plan

March 13th, 2009

Bharti AXA Mutual fund launched daily systematic transfer plan (DSTP), after its previous launch of daily systematic investment plan in Nov 2008.

Under DSTP plan, you can invest a minimum of Rs. 10,000 and in multiples of Re. 1 thereafter in Bharti AXA liquid fund/ Bharti AXA Treasury Advantage fund.

From that bulk money parked in liquid fund, an allocated amount, (as per the wish of investor) will be transferred to Bharti AXA Equity Fund.

For DSTP, Bharti AXA has tied up with a number of banks through which amount will be auto-debited from investors’ account on daily basis. Those banks are HDFC, Kotak Mahindra, BoB, Axis Bank, ICICI, IDBI, SBI, Standard Chartered etc. An investor can invest in the plan only in three denominations – Rs.300 or 400 or Rs.500.
Going forward, we will make this plan available with our ELSS scheme,” said Vikaas Sachdeva, country head – business development, Bharti AXA Investment Managers.

Added Sachdeva, “We will promote this plan using all our 57 branches across the country; we are tying up with national distributors, banks and independent individual advisors for aggressive promotion of this plan.”

There is no entry load if an investor opts for this plan. But it carries an exit load of 3.5 % if redeemed within 1 year; 2.5% if redeemed after 1 year but within 3 years.