{"id":40288,"date":"2019-03-28T18:51:48","date_gmt":"2019-03-28T13:21:48","guid":{"rendered":"https:\/\/www.newsilike.in\/?p=40288"},"modified":"2019-06-06T12:16:35","modified_gmt":"2019-06-06T06:46:35","slug":"why-you-need-to-continuously-monitor-your-ulip-performance","status":"publish","type":"post","link":"https:\/\/www.newsilike.in\/why-you-need-to-continuously-monitor-your-ulip-performance\/","title":{"rendered":"Why you need to continuously monitor your ULIP performance"},"content":{"rendered":"\n
\"Its-All-About-ULIPs\"<\/figure>\n\n\n\n

Being a market-linked product, there are times when ULIPs cannot manage the market downfall. This, in turn, can affect either your ULIP returns and your overall ULIP performance. At times, when you are unaware of a certain fund-switching feature, you fail to get the best out of your ULIP Plan<\/a><\/strong>.<\/p>\n\n\n\n

The risk of investment in a ULIP Plan completely depends\nupon your fund choices. Hence, it is important to constantly keep a tab on the\nperformance of your fund options. Monitoring your ULIP performance will further\nmitigate any uncertainties or risks that might hamper your financial stability\nin the future. Hence, go through these 4 main reasons to continuously monitor\nyour ULIP performance:<\/p>\n\n\n\n

Reasons why you should constantly monitor your ULIP performance<\/a><\/strong>:<\/p>\n\n\n\n

1. To avoid future risks<\/h2>\n\n\n\n

Since the entire risk of investment is borne by the\npolicyholder himself, it needs to be checked upon on a regular basis. The\ninvestment decision taken by the investor is based on his fund allocation and\nrisk appetite. <\/p>\n\n\n\n

ULIPs have multiple segregated fund options to choose from.\nFunds that are aggressive are invested in equities in order to maximize capital\nappreciation. Funds that are conservative are an investment in either bonds or\nmoney markets that maximize capital preservation. Hence, it is advisable to\nselect only the type of funds which matches the risk appetite of an investor.<\/p>\n\n\n\n

2. To avail switching options<\/h2>\n\n\n\n

When an investor decides to invest in ULIP fund, it is\ncompletely his\/her choice based on market value, risk appetite, and time\nhorizon. It is also possible for the investor to switch his\/her investment from\none fund to another.<\/p>\n\n\n\n

When you invest in ULIPs, you can easily switch from one\nsegregated fund to another with the help of a Switch Application Form. Ideally,\nyou can make switches at least 4 times to the maximum (unlimited) per year,\ndepending on your chosen plan. Before you consider the switching option, keep\nthe past performance of the funds, the market outlook, your very own situation\nin mind. <\/p>\n\n\n\n

3. To access dynamic strategies<\/h2>\n\n\n\n

Having a ULIP Plan which is dynamic in nature is worth all\nyour penny. This is because you not only get to maximize your returns but also\nminimize the risks, at the same time.<\/p>\n\n\n\n

Once you have invested in a ULIP Policy, review the updates\nfrom the funds as well as adjust the allocations between the funds. For\ninstance, there can be a rise in the equity markets as well as a financial\ncommitment that might decrease your risk appetite. In that case, your\nallocation of funds can be tweaked either towards Income or Balanced Funds\nbased on circumstances.<\/p>\n\n\n\n

4. To meet long term objectives<\/h2>\n\n\n\n

An investment like ULIP is a long term investment. This is\nbecause ULIPs offer its investors with a lock-in period of 5 years. This lock-in\nperiod ensures that all your goals are covered in the due course.<\/p>\n\n\n\n

When you decide to invest in a ULIP, do not think of it as a\nshort investment and surrender it in a rush. Monitor the markets carefully and\nonly then pick on the right opportunities. For instance, during the time of a\nmarket crash, purchase more units at a lower Net Asset Value (NAV). As and when\nthe market recovers, your fund value will increase which in turn would lead to\na rise in your returns. <\/p>\n\n\n\n

By keeping these reasons in mind, monitoring your ULIP performance will simply come naturally to you. You\u2019ll eventually get used to it once you start keeping a tab on analytics and statistics that would further make things uncomplicated for you. Act smart when it comes to your investments and take monitoring of your top performing ULIP funds<\/a><\/strong> seriously for better results. <\/p>\n","protected":false},"excerpt":{"rendered":"

Being a market-linked product, there are times when ULIPs cannot manage the market downfall. This, in turn, can affect either your ULIP returns and your overall ULIP performance. At times, when you are unaware of a certain fund-switching feature, you fail to get the best out of your ULIP Plan. The risk of investment in…<\/p>\n Read More<\/span> Why you need to continuously monitor your ULIP performance<\/span><\/a>","protected":false},"author":2,"featured_media":39182,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"Layout":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"Why you need to continuously monitor your ULIP performance #insurance #ulip #investment","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[5220],"tags":[],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/www.newsilike.in\/wp-content\/uploads\/Its-All-About-ULIPs.png","_links":{"self":[{"href":"https:\/\/www.newsilike.in\/wp-json\/wp\/v2\/posts\/40288"}],"collection":[{"href":"https:\/\/www.newsilike.in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsilike.in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsilike.in\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsilike.in\/wp-json\/wp\/v2\/comments?post=40288"}],"version-history":[{"count":0,"href":"https:\/\/www.newsilike.in\/wp-json\/wp\/v2\/posts\/40288\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsilike.in\/wp-json\/wp\/v2\/media\/39182"}],"wp:attachment":[{"href":"https:\/\/www.newsilike.in\/wp-json\/wp\/v2\/media?parent=40288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsilike.in\/wp-json\/wp\/v2\/categories?post=40288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsilike.in\/wp-json\/wp\/v2\/tags?post=40288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}