Index Fund Corner
Sponsored
| Scheme Name | 1-Year Return | Invest Now | Fund Category | Expense Ratio |
|---|---|---|---|---|
| Axis Nifty 50 Index Fund | +32.80% | Invest Now | Equity: Large Cap | 0.12% |
| Axis Nifty 100 Index Fund | +38.59% | Invest Now | Equity: Large Cap | 0.21% |
| Axis Nifty Next 50 Index Fund | +71.83% | Invest Now | Equity: Large Cap | 0.25% |
| Axis Nifty 500 Index Fund | — | Invest Now | Equity: Flexi Cap | 0.10% |
| Axis Nifty Midcap 50 Index Fund | +46.03% | Invest Now | Equity: Mid Cap | 0.28% |
The Smart Term Plan is tailored for working professionals and small business owners. It addresses pain points such as understanding ideal coverage and managing long-term premiums.
In its first phase, RenewBuy has partnered with LIC, ICICI Prudential, and Digit Life to reach a broad consumer base, especially in underserved Tier 2-3 cities.
The plan offers options like “10 Years Pay,” enabling policyholders to pay premiums over 10 years for coverage up to ₹1 crore until age 80 or above.
Additional benefits include:
- Smart Return of Premium: A refund of premiums if withdrawn during the policy term.
- Accidental Death and Critical Illness Benefits: For enhanced coverage.
- Waiver of Premium on Disability and Premium Holiday: To address unforeseen challenges.
- Smart Exit: Offering flexibility with select insurers.
Premiums start at ₹2,500 per month for a sum assured between ₹50 lakh and ₹1 crore.
Indraneel Chatterjee, Co-Founder of RenewBuy, said, “We designed the Smart Term Plan to reduce complexity and cater to evolving insurance needs. Our partnerships with leading insurers ensure widespread access to affordable and flexible term plans.”
Founded in 2015, RenewBuy has built a network of 1.25 lakh advisors and served over 5.5 million customers across 1,500+ locations.