We take a look at SBI Life’s top selling plans — SBI Life Smart Wealth Builder, SBI Life Smart Elite and Smart Bachat — and compare with similar products of their competitors. But funds of SBI Life’s Smart Wealth Builder and Smart Elite ULIPs have not been among the top performers in most categories, according to data from Morningstar. In the large-cap category, funds in the top-15 list are Aviva Life’s unit liked PSU fund, Bharti AXA Life’s funds (Build India, Grow Money Plus, Growth Opportunities Plus, Growth Opportunities, Grow Money), Tata AIA Life’s Infrastructure fund, and Birla Sun Life’s Individual Pure Equity fund. SBI Life’s Equity fund, which comes in the large cap category, has generated return of 20.87 per cent. SBI Life’s Equity Elite Fund II has generated 21.7 per cent return, Equity Optimiser 20.9 per cent, Growth 20.6 per cent and Top 300 fund 20.6 per cent.

Source: The Hindu March 18, 2017 15:39 UTC