ULIP Quiz

How many types of funds are availble to invest under ULIP in Max Life ?

• Equity

• Debt

• Balance

• All of the above

How much percentage % need to be invested to qualify a fund as equity fund?

• 40%

• 80%

• 65%

• 35%

The newly launched Sustainable fund is not an equity fund? (True or False)

• True

• False

As per new Insurance Tax Law effective from 1/4/2023 all investments made in ULIP woud taxable if investment made is beyond 5 Lakh? (True or False)

• True

• False

Large cap companies are those companies where market capitalisation is between 5000 cr to above 20000 cr ?

• True

• False

All ULIP funds are regulated by SEBI in india?

• True

• False

Mortality chareges are levied on sum at risk and and reducing in nature?

• True

• False

Growth Super Fund is a large cap fund?

• True

• False

Investment strategies helps in maximising _______ following benefits?

• Higher returns

• Calculated Risk

• Rupee cost averaging

• All of the above

What is the minimum entry age in MAX Life Ulip plans?

• 18 Years

• 91 Days

• 8 Years

• 21 Years