Axis Max Life - Online Savings Plan Plus - NIFTY 500 Multifactor 50 Index Fund

NAV on (08 May 2026)

10.0407

About Plan

Axis Max Life Online Savings Plan Plus , A Unit Linked Non-Participating Individual Life Insurance Savings Plan that offers life insurance protection for your family and provides market linked returns. Under this plan you can choose from the five plan variants basis your life stage needs.

Features

1. Choose from five plan variants - Wealth Variant, Wealth Whole Life Variant, Gold Variant, Platinum Variant and Titanium Variant - crafted to suit your life stage and financial goals.
2. Zero Premium Allocation Charge - There is no Premium Allocation charge under this product.
3. Return of up to 150% of Policy Administration charges - A fixed percentage of total Policy Administration Charges deducted shall be added back as Return of Policy Administration Charge to the Fund Value at maturity or at end of (85 - Age at entry)th policy year, whichever is earlier provided the policy is in force and all due premium(s) have been paid. For policy term (PT) < 15 years, 125% of total Policy Administration charges deducted shall be added back and For policy term (PT) >= 15 years, 150% of total Policy Administration charge deducted shall be added back.
4. Secure Your Dreams - Get 1x, 2x, or 3x premium funding in case of life insureds demise. In case of death of life insured, company will fund 1, 2 or 3 times of all the future outstanding Premiums for Gold Variant, Platinum Variant or Titanium variant respectively, as and when due under the Policy.
5. Women Empowerment Benefit - Extra Allocation for female life insured. An amount equivalent to 1% of the Annualized Premium under Limited/Regular Pay or 0.50% of the Single Premium under Single Pay shall be added to the Fund Value at the time of allocation of the first policy years premium or Single Premium, as applicable .
6. Existing Customer Benefit - This is an additional booster only for Existing customers wherein a fixed percentage of Annualized/Single Premium shall be payable at the end of Policy Term (i.e. on Maturity) or at end of (85 less Age at entry)th policy year, whichever is earlier provided all due premium(s) have been paid.
7. Choice of Funds or Investment strategy - Choose from 22 (Twenty- two) Investment Funds and 5 Investment Strategies as per risk appetite.
8. Option to avail regular systematic money withdrawals as per your desire: This option lets you enjoy a secondary income stream by withdrawing money regularly from your policy. You may choose this option of Smart Withdrawals at inception or anytime during the policy term.
9. Unlimited Free Switches and Premium Redirections - Basis your change in investment style, you may avail unlimited switches and premium redirections, absolutely free of any cost.
10. Tax Benefits: Tax benefits may be applicable on premiums paid and benefits received as per prevailing tax laws.

Benefits

a) Return of Policy Administration Charges A fixed percentage of total Policy Administration Charges deducted shall be added back as Return of Policy Administration Charge to the Fund Value at maturity or at end of (85 less Age at entry)th policy year, whichever is earlier provided the policy is in force and all due premium(s) have been paid.

b) Women Empowerment Benefit
An amount equivalent to 1% of the Annualized Premium under Limited/Regular Pay or 0.50% of the Single Premium under Single Pay shall be added to the Fund Value at the time of allocation of the first policy years premium or Single Premium, as applicable. The allocation shall be made in accordance with the premium payment frequency of the annualized premium chosen at inception. This extra allocation is exclusively available for female lives and shall be applicable under all the variants and all PPT modes. Any refund of premium due to free look cancellation or suicide (within the first 12 months from
the date of commencement of risk or revival) shall be net of any women empowerment benefit.

c) Existing Customer Benefit
This is an additional booster only for Existing customers wherein a fixed percentage of Annualized/Single Premium shall be payable at the end of Policy Term (i.e. on Maturity) or at end of (85 less Age at entry)th policy year, whichever is earlier provided all due premium(s) have been paid. This benefit shall be available under all the variants of this product subject to eligibility conditions.

Entry Age Details

Minimum -0 years (i.e. 31 days)

Maximum -65 years

Maturity Age Details

Minimum Maturity Age: 18 years. Maximum Maturity Age depends on the Premium Payment Term(PPT)

Policy Term

Minimum -10 years
Maximum -85 years

Premium Payment Term

Minimum -10 years
Maximum - 30 years

Premium payment mode

Annual, Semi-Annual, Quarterly and Monthly for all plan variants.
Single Pay is available only with Wealth variant.

Death Benefits

Death Benefit:
Payable on death of the Life Insured provided the Policy is in-force.
a. For Wealth Variant and Wealth Whole Life Variant: On death of the Life Insured anytime during the term of the policy, the death benefit payable shall be the highest of the following benefits:
i. Sum Assured chosen at inception or annualized / single premium chosen at inception times cover multiple (reduced by applicable partial withdrawals, if any) ; or
ii. 105% of Total Premiums Paid up to the date of death of Life Insured (reduced by applicable partial withdrawals, if any; or
iii. the total Fund Value (as on the date of intimation of death of the Life Insured)
For both variants, the policy terminates on the death of life insured. Please note that the applicable partial withdrawals mentioned above refers to all the partial withdrawals (including Smart Withdrawals) made during
the two years period immediately preceding the death of the Life Insured.
Further any applicable charges other than Fund Management Charges (FMC) recovered subsequent to the date of death shall be added back to the fund value as available on the date of intimation of death.
b. For Gold Variant or Platinum Variant or Titanium Variant: On death of the Life Insured anytime during the term of the policy, the death benefit payable to the claimant shall be the sum of the following:
i. Lump Sum Benefit: Higher of Sum Assured chosen at inception (or annualized premium chosen at inception times cover multiple) or 105% of the total premiums paid up to the date of death (whichever is applicable plus
ii. Family Income Benefit(applicable for Gold and Platinum variants only): A Family Income Benefit equal to 1% of the Sum Assured chosen at inception (or annualized premium chosen at inception times cover multiple) will be paid each month starting from the policy anniversary date of every month following or coinciding with the date of death of the life insured till the end of the policy term (including the payout at the maturity date), subject to a minimum of 36 monthly payments and a maximum of 120 monthly payments.
In case of death of life insured with less than 36 months left till the end of policy term, there will be a lump sum payment of remaining instalments (36 less monthly instalments already paid) with the last monthly payout at the maturity date. For example - For a policy with policy term of 10 years, if the life insured dies in 9th policy year, then 12 instalments each equal to 1% of Sum Assured chosen at inception will be paid each month starting from the 9th policy anniversary till the end of policy term and remaining 24 instalments each equal to 1% of Sum Assured chosen at inception (or annualized premium chosen at inception times cover multiple) will be paid on the date of maturity of the plan. Plus
iii. Funding of Premium: The Company will fund X times (where X=1,2 or 3 for Gold, Platinum & Titanium variants respectively) of all future outstanding premiums as and when due under the policy on each future premium due date(s). Fund Value as on the date of maturity will be paid at the end of the policy term.

Maturity Benefits

Upon maturity, if the Life Insured is alive (except where the Gold Variant or Platinum Variant or Titanium Variant has been opted, in case of death of Life Insured, the maturity benefit will be paid to the claimant) and the policy is in force or if this policy is a paid-up Policy, then, the Fund Value applicable on the Maturity Date shall be payable. You will have the option to receive the Maturity benefit as lump sum or as a systematic payout for a
maximum of five years under Settlement Option.
The maturity benefit is equal to the Fund Value, where:
Fund Value = Summation of Number of Units in Fund(s) multiplied by the respective NAV of the Fund(s) as on the date of maturity.
In case the date of maturity is on a non-working day for the markets, then next working days NAV will be applicable .

Options Availability

Wealth Variant

Wealth Whole Life Variant
Gold Variant
Platinum Variant
Titanium Variant

Returns (as on 08-May-2026)

Period	Absolute (%)	Annualised (%)
1 Week	2.5	0
1 Month	4.6	74.6
3 Months	0	0
6 Months	0	0
1 Year	0	0
2 Years	0	0
3 Years	0	0
5 Years	0	0

NAV Chart

Historic Graph:

From

52-week High

₹10.0645

07-May-2026

52-week Low

₹9.0249

23-Mar-2026

Claim & Solvency Ratio

Claim Ratio	Solvency Ratio
100% (2023-24)	-

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What is health insurance? +

Health insurance is a type of coverage that pays for medical and surgical expenses incurred by the insured. It may also provide coverage for other types of health-related costs, such as prescription drugs, mental health services, and preventive care.

Why do I need health insurance? +

Health insurance helps protect you from high medical costs. It provides access to medical care when you need it, helping to pay for doctor visits, hospital stays, surgeries, prescription medications, and other health-related services.

What is a premium? +

A premium is the amount you pay for your health insurance every month. Depending on your plan, the premium may vary based on factors like age, location, and level of coverage.

What is a deductible? +

A deductible is the amount of money you must pay out-of-pocket before your health insurance starts covering your medical expenses. For example, if you have a deductible of $1,000, you must pay $1,000 out-of-pocket before your insurance starts covering your medical bills.

What are copayments and coinsurance? +

Copayment (copay): A fixed amount you pay for a covered health care service, typically when you get the service. Coinsurance: The percentage of the cost you pay for covered health services after you've paid your deductible. For example, if your coinsurance is 20%, you pay 20% of the bill, and the insurance company pays the remaining 80%.

What is an out-of-pocket maximum? +

The out-of-pocket maximum is the maximum amount you can spend on your health insurance. If you exceed this amount, your insurance company will pay 100% of your medical expenses.

What is the difference between in-network and out-of-network providers? +

In-network providers: Health care providers that have a contract with your health insurance plan to provide services at negotiated rates. Out-of-network providers: Providers that don't have a contract with your insurance plan. Services from these providers may cost more or not be covered at all.

What is a Special Enrollment Period (SEP)? +

The Special Enrollment Period (SEP) is a special time during the year when you can sign up for or make changes to your health insurance plan. If you miss this period, you may have to wait until the next one unless you qualify for a Special Enrollment Period (e.g., due to a life event like marriage or having a baby).

Can I keep my doctor with health insurance? +

If you have a preferred doctor, it’s important to check if they are in-network with your insurance plan. If they are not in-network, you may need to pay more out-of-pocket, or you may have to switch to another doctor who is in-network.

What is a Health Savings Account (HSA)? +

A tax-advantaged account for people with high-deductible health plans (HDHPs). The funds roll over from year to year and can be used for qualifying medical expenses.

What is a Flexible Spending Account (FSA)? +

A tax-advantaged account for people with low-deductible health plans (LDHPs). The funds roll over from year to year and can be used for qualifying medical expenses.

What is a Health Maintenance Organization (HMO)? +

An HMO is a type of health insurance plan that requires you to choose a primary care physician (PCP) and get referrals from them to see specialists. HMOs often have lower premiums and out-of-pocket costs but offer less flexibility in choosing providers.

What is a Preferred Provider Organization (PPO)? +

A PPO is a health insurance plan that offers more flexibility in choosing healthcare providers and doesn’t require referrals to see specialists. You can see any doctor, but you’ll pay less if you use in-network providers.

What is the difference between a Health Savings Account (HSA) and a Flexible Spending Account (FSA)? +

HSA: A tax-advantaged account for people with high-deductible health plans (HDHPs) The funds roll over from year to year and can be used for qualifying medical expenses. FSA: A tax-advantaged account for people with low-deductible health plans (LDHPs) The funds roll over from year to year and can be used for qualifying medical expenses.

What does the term "pre-existing condition" mean? +

A pre-existing condition is a medical condition that you had before you got your health insurance. It could include things like diabetes, high blood pressure, or heart disease.

Can I cancel my health insurance at any time? +

Yes, you can cancel your health insurance plan at any time. However, if you cancel outside the open enrollment period, you may not be able to get another plan until the next enrollment period unless you qualify for a Special Enrollment Period.

Are prescription drugs covered by health insurance? +

Many health insurance plans cover prescription medications, but the coverage may vary. Plans typically have a formulary, or list of covered drugs, and different drugs may have different levels of coverage, depending on whether they are generic, brand-name, or specialty drugs.

What is preventive care? +

Preventive care includes health services that help prevent illnesses, such as vaccinations, screenings, and annual checkups. Under the Affordable Care Act, most preventive services are covered by health insurance plans at no additional cost to the policyholder.

What should I do if my health insurance claim is denied? +

If your claim is denied, you can appeal the decision. Review the denial letter for reasons, contact your insurer for assistance, and file a written request for a hearing. If you win the appeal, you may be able to get a refund or other compensation.

How can I choose the best health insurance plan for me? +

When selecting a plan, consider factors like: Your health care needs (e.g., frequent visits, prescriptions) The plan’s network of doctors and hospitals The cost of premiums, deductibles, copays, and out-of-pocket maximums Coverage for specialized care or treatments Compare the different plans and benefits to find one that meets your needs.

What happens if I don't have health insurance? +

If you don’t have health insurance, you can still access some health care services, such as emergency care, in-network doctors, and in-network hospitals. You may be eligible for Medicaid, which provides some health care services at no cost to you.

What is life insurance? +

Life insurance is a contract between you and an insurance company, where you pay regular premiums in exchange for a lump sum payment (death benefit) to your beneficiaries upon your death.

What are the different types of life insurance? +

Term Life Insurance: Provides coverage for a specific period (e.g., 10, 20, or 30 years). If you pass away during this term, your beneficiaries receive the death benefit. It does not build cash value. Whole Life Insurance: Offers lifetime coverage with a death benefit and also builds cash value over time, which you can borrow against or use. Universal Life Insurance: A flexible policy that allows you to adjust the premiums and death benefit while also building cash value.

How much life insurance coverage do I need? +

The amount of coverage you need depends on factors like your income, debts, family needs, and long-term financial goals. A common rule is to have coverage worth 10 to 15 times your annual income, but this can vary based on your individual situation.

What is the difference between beneficiaries and policyholders? +

The policyholder is the person who owns the life insurance policy and pays the premiums, while the beneficiary is the person or group that receives the death benefit when the policyholder passes away.

Can I change my beneficiaries? +

Yes, you can change your beneficiaries at any time during the life of the policy, as long as the policy is in force and you follow the correct procedure with the insurance company.

What is the contestability period? +

The contestability period is the time during which you have the right to contest the decision of the insurer to pay the death benefit. This period varies depending on the type of life insurance policy and the insurer.

Does life insurance cover accidental death? +

Some life insurance policies include accidental death coverage, while others may require a separate rider for this benefit. Be sure to review your policy to understand what’s covered.

Can I cancel my life insurance policy at any time? +

Yes, you can cancel your life insurance policy at any time, provided you follow the correct procedure with the insurance company.

What is cash value? +

Cash value is the accumulated value of the life insurance policy that can be used to pay for expenses, such as medical bills or funeral expenses.

How do I borrow against cash value? +

You can borrow against the cash value of your life insurance policy, but it will need to be repaid, and any unpaid loan will reduce the death benefit.

What is the difference between whole life and universal life insurance? +

Whole life insurance provides coverage for a specific period (e.g., 10, 20, or 30 years) and builds cash value over time. Universal life insurance offers lifetime coverage with a death benefit and also builds cash value over time.

How are life insurance premiums determined? +

Life insurance premiums are based on factors like age, health, lifestyle (e.g., smoking), coverage amount, and type of policy. Generally, younger, healthier individuals pay lower premiums.

Can I borrow money from my life insurance policy? +

If you have a whole life or universal life policy, it may build cash value over time. You can borrow against this cash value, but it will need to be repaid, and any unpaid loan will reduce the death benefit.

What happens if I stop paying my life insurance premiums? +

If you stop paying premiums, your policy may lapse. For permanent policies like whole or universal life, the cash value may cover the premiums for a time, but eventually, if premiums are not paid, the policy will end.

What is auto insurance? +

Auto insurance is a contract between you and an insurance company that provides financial protection against damage or injury caused by accidents, theft, or other incidents involving your vehicle. It covers both liability and your vehicle's repair costs depending on the type of policy.

What types of auto insurance coverage are available? +

There are several types of auto insurance coverage, including liability, collision, comprehensive, uninsured/underinsured motorist, and additional coverage like roadside assistance and collision damage waiver.

How much auto insurance do I need? +

The amount of coverage you need depends on factors such as the value of your car, your driving habits, your state's legal requirements, and whether you own or lease your vehicle. A good starting point is to meet your state's minimum required coverage, but you may want additional coverage for added protection.

Can I cancel my auto insurance policy at any time? +

Yes, you can cancel your auto insurance policy at any time, provided you follow the correct procedure with the insurance company.

What is the difference between liability and comprehensive coverage? +

Liability coverage covers the damages and injuries caused by accidents, while comprehensive coverage also covers non-accident damages, such as theft or vandalism.

How do I choose the right auto insurance policy? +

When selecting an auto insurance policy, consider factors such as the type of coverage you need, your driving habits, the value of your vehicle, and your state's legal requirements.

What factors affect my auto insurance premium? +

Several factors impact your insurance premium, including: Your driving history (accidents, tickets), The make, model, and age of your car, Your location (accident rates in your area), Your age, gender, and marital status, The level of coverage you choose, Your credit score (in some states).

What is a deductible? +

A deductible is the amount you must pay out of pocket before your insurance policy starts to cover the remaining cost of repairs or claims. For example, if you have a $500 deductible and incur $2,000 in damages, you will pay $500, and your insurer will pay the remaining $1,500.

What is the difference between comprehensive and collision coverage? +

Collision coverage pays for repairs to your vehicle after a collision with another vehicle or object, regardless of who is at fault. Comprehensive coverage covers non-collision incidents, such as theft, vandalism, or damage from natural disasters.

Can I get uninsured/underinsured motorist coverage? +

Yes, uninsured/underinsured motorist coverage is available in some states. This coverage provides financial protection for you if another driver is uninsured or underinsured.

Is auto insurance required by law? +

Yes, in most states, you are required to have a minimum level of liability insurance. Some states also require additional coverage like Personal Injury Protection (PIP) or uninsured motorist coverage. The requirements vary by state, so it’s important to check your local laws.

What happens if I don’t have auto insurance? +

If you drive without insurance, you risk facing legal penalties, fines, and the possibility of your driver's license being suspended. If you're involved in an accident, you could be held responsible for the damages.

Can I add other drivers to my auto insurance policy? +

Yes, you can add other drivers, such as family members or friends, to your policy. However, their driving record and age may affect your premium. It's important to inform your insurer about all the drivers in your household.

What should I do if I get into an accident? +

If you're in an accident, follow these steps: Ensure safety by moving to a safe location if possible. Call the police and file a report. Exchange contact and insurance information with the other driver(s). Take photos of the accident scene, vehicle damage, and injuries. Notify your insurance company about the accident as soon as possible.

What is home insurance? +

Home insurance is a contract between you and an insurance company that provides financial protection against damage or loss caused by natural disasters, theft, or other incidents.

What types of home insurance coverage are available? +

There are several types of home insurance coverage, including flood, fire, burglary, and liability. You may also have coverage for water damage, mold, and other property damage.

How much home insurance do I need? +

The amount of home insurance coverage you need depends on the value of your property, the type of coverage you want, and your insurance provider. You may also need additional coverage for water damage, mold, and other property damage.

Can I cancel my home insurance policy at any time? +

Yes, you can cancel your home insurance policy at any time, provided you follow the correct procedure with the insurance company.

What is the difference between flood and fire coverage? +

Flood coverage covers damage caused by floods, while fire coverage covers damage caused by fires.

How do I choose the right home insurance policy? +

When selecting home insurance, consider factors such as the type of coverage you need, the value of your property, and your insurance provider.

What factors affect my home insurance premium? +

Factors such as the type of coverage you need, the value of your property, and your insurance provider can significantly impact your premium.