Fund Boosters will be allocated to your policy at the end of the 10th policy year provided the policy is in force and all due instalment premiums till date have been received in full.
The Fund Booster at the end of the 10th year will be defined as a percentage of Average Daily Fund Values for each Fund during that same policy year at the end of the 10th policy year. If the policyholder has chosen multiple funds, a Fund Booster will be allocated to each fund based on the fund value of that particular fund and Fund Booster percentage. Fund Booster will be made by allocation of extra units based on the NAV as on the due date of the credit of fund booster.
The allocation of Fund Booster units is guaranteed and shall not be revoked by the company under any circumstances.
End of Policy year/ Fund
Protector II, Bond Opportunities Fund, Liquid Fund, Balancer II & Balanced Opportunities Fund
Multiplier III, Premier Multi-cap Fund, Mid Cap Fund, CREST (thematic fund), Flexi Cap & Virtue II
10
0.75% of Fund Value
1% of Fund Value