Small steps to big returns - Systematic Investment Plan (SIP), followed by Systematic Withdrawal Plan (SWP) with FREE LIFE INSURANCE cover and TAX Savings up to Rs 1.5 L per year
Dhana Svatantra (4 in 1 Plan)
Create Wealth + Earn Monthly Income + TAX Savings + FREE Life Insurance Cover
Dhanayoga offers Dhana Svatantra - A unique 4-in-1 plan that perfectly combines Investment growth + Monthly Income (Systematic Withdrawal Plan - SWP) + Tax Savings + FREE Life Insurance cover in partnership with leading financial institutions.
This product helps investors of all age groups to invest systematically towards achieving medium to long term goals and provides the benefit of Monthly Income withdrawal that can be extended till Dec 2099 along with Free Life Insurance cover, at NO extra cost.
The unique features of our Dhana Svatantra plans are:
This product helps investors of all age groups to invest systematically towards achieving medium to long term goals and provides the benefit of Monthly Income withdrawal that can be extended till Dec 2099 along with Free Life Insurance cover, at NO extra cost.
The unique features of our Dhana Svatantra plans are:
- Contribute initially and Earn regular Income for a tenure equal to or higher than the contributed period, can extend till Dec 2099
- Free Life Insurance Cover up to Rs. 2 Crores per investor at no extra cost across all schemes / plans and folios, till age of 55 years
- Maturity Proceeds at NAV based prices, in case of demise
- Choice of various schemes to meet financial goals such as Retirement, Children's Education, Tax savings and more
- Convenience - One time mandate (or) Auto Debit from 16 banks (or) ECS facility across 125 locations
- Nomination can be set up for wealth transfer
Investment and Withdrawal Plan
Illustration
Who can Invest??
Investment Details
Insurance Details
Schemes Applicable
- Let's say initial SIP is registered for tenure of 12 years @Rs. 10,000 per month, then SWP will be Rs 20,000 p.m (2.0 X Rs. 10,000) for min 12 years and extend till 2099 (depending on corpus availability).
- The SWP Amount must be less than or equal to the applicable slab mentioned for the respective tenures.
- Any SWP amount greater than the applicable slab mentioned shall lead to rejection of the application.
- In case the investor does not fill in any SWP amount the default option shall be as per the grid mentioned in point C.
- The SWP amount is subject to the minimum SWP amount for the respective schemes
Who can Invest??
- Individuals - Salaried, Entrepreneurs, Self-Employed, Home Makers, Students, Retired citizens (both Indians and NRIs)
- Mode of Holding - Single or Joint
- Age at entry - 18 years to 51 years
- "Minor" investment not applicable
Investment Details
- Minimum Investment Amount: Rs. 500 per month
- Minimum contribution period: 8 years
- Maximum Contribution period: 15 years
- Income Withdrawal Period: Equal to or more than Contribution period, can be extended till Dec 2099
Insurance Details
- Life Insurance cover (max): Up to 100 times monthly investment amount (or) Rs. 2 Cr, whichever is lower
- Commencement: Life Cover commences 45 days from SIP start date for normal demise and immediately for Accidental demise
- Validity: Life Cover is valid till attainment of 55 years of age (or) stoppage of SIP (or) redemption of SIP before defined contribution tenure
Schemes Applicable
- The Dhana Svatantra scheme is applicable for SIP investments in any of the following schemes or a combination of schemes
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Reliance Mutual Fund
Aditya Birla Sun Life Mutual Fund
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ICICI Mutual Fund
PGIM India Mutual Fund
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Click icon on left to enter Investment amount (per month) and Period (years) and find out how much you can get FREE LIFE INSURANCE, TAX SAVING and WEALTH CREATION and REGULAR INCOME!!
Enjoy the benefit of significantly higher income than Fixed Deposits, coupled with TAX savings and FREE LIFE INSURANCE cover. Contact us >>>
Enjoy the benefit of significantly higher income than Fixed Deposits, coupled with TAX savings and FREE LIFE INSURANCE cover. Contact us >>>