ABSLI Group Value Plus Plan


ABSLI’s Group Value Plus Plan is a non-participating unit linked plan wherein the Employer, Trust, Central and State Government, Public Sector Undertaking (PSU), Corporate, or MNC is the master policyholder whereas the employees are the beneficiaries.

An employer can invest in this plan to create a separate pool of funds for paying employee benefits such as mandatory gratuity amount and leave encashment liabilities.

Key Features

  • Choose from multiple fund options
  • Make unlimited switches between funds
  • Create a single pooled account or multiple accounts
  • Choose between ‘Self Managed’ or ‘Market Cycle’ option

Fund Options

With this plan, you will have the flexibility to choose from multiple fund options:

  • Group Money Market Fund

    The primary objective of the Segregated fund option is to provide reasonable returns, at a high level of safety and liquidity for capital conservation for the policyholder.

  • Group Bond Fund

    The Segregated fund option aims to achieve capital preservation along with stable returns by investing in corporate bonds over medium-term period.

  • Group Fixed Interest Fund

    This option with full exposure in debt market instrument aims to achieve value creation at low risk over a long-term horizon by investing into high quality fixed interest securities.

  • Group Gilt Fund

    This option aims to deliver safe and consistent returns over a long term period by investing in Government Securities for capital preservation of the policyholder.

  • Group Growth Advantage Fund

    This fund provides a blend of fixed return by investing in debt & money market instruments and capital appreciation by predominantly investing in equities of fundamentally strong and large blue-chip companies.

  • Group Growth Fund

    This option aims to achieve optimum balance between growth and stability to provide long-term capital appreciation with balanced level of risk by investing in fixed income securities and high-quality equity security.

  • Group Growth Maximiser Fund

    To provide long term capital appreciation by actively managing a well-diversified equity portfolio of fundamentally strong blue-chip companies.

  • Group Income Advantage Fund

    This option provides capital preservation and regular income, at a high level of safety over a medium-term horizon by investing in high quality debt instruments.

  • Group Secure Fund

    This option helps build your capital and generate better returns at moderate level of risk, over a medium or long-term period through a balance of investment in equity and debt.

  • Group Short Term Debt Fund

    This fund option helps to provide capital preservation at a high level of safety & liquidity through judicious investments in high quality short-term debt instruments.

  • Group Stable Fund

    This option helps you grow your capital through enhanced returns over a medium to long term period through investments in equity and debt instruments, thereby providing a good balance between equity and debt securities.

  • Death benefit

    Upon the death of a member, a benefit amount specified by you will be paid. Additionally, an amount equal to sum assured of Rs. 5,000 is also payable.

  • Self-Managed Option

    In this option, you have the freedom to decide how to invest your premiums. We offer nine investment fund options to suit your specific needs.

  • Market Cycle Option

    Under the Market Cycle Option, your portfolio will be structured as per your risk profile – you can decide whether you are Aggressive, Moderate, Conservative or Assure in your approach towards investments.

  • Multiple Accounts

    You may specify the number of accounts you want to maintain. Your premium will be invested account wise and fund value will be tracked for each account separately.

  • Minimum Age at Entry

    18 years (Age last birthday)

  • Maximum Age at Entry

    As per scheme rules or 75 years (Age last birthday)

  • Maximum Age at Maturity

    As per scheme rules or 75 years (Age last birthday)

  • Minimum Size of Group

    10 members

  • Sum Assured

    ₹ 5,000 per member

  • Minimum Premium

    ₹ 10,000

  • Maximum Premium Amount

    There is no upper limit

Frequently Asked Questions

  • Are returns guaranteed under GVPP?

    No. Since GVPP is a unit-linked plan, the returns are based on the fund’s performance in which your money is invested.

  • How much life cover will I get with this plan?

    By investing in this plan, you will get assured life cover of Rs. 5,000 for all your employees.

  • Can I cancel the plan after its purchase?

    Yes. You can cancel and return the policy anytime during the free-look period of 15 days from the date of purchase.

  • What are the surrender benefits promised under this plan?

    Upon the surrender of the policy, the fund value of each account of the policy will be paid to the policyholder.

Know Your Funds

Check out the performance of funds, their NAV, and much more here.



The Trade Logo “Aditya Birla Capital” Displayed Above Is Owned By ADITYA BIRLA MANAGEMENT CORPORATION PRIVATE LIMITED (Trademark Owner) And Used By ADITYA BIRLA SUN LIFE INSURANCE COMPANY LIMITED (ABSLI) under the License.”

This policy is underwritten by Birla Sun Life Insurance Company Limited (ABSLI).

This is a non-participating unit linked plan. Birla Sun Life Insurance, ABSLI Group Unit Linked Plan are only the names of the Company and Policy respectively and do not in any way indicate their quality, future prospects or returns. The names of the funds offered in this plan do not in any way indicate their quality, future prospects or returns. The charges are guaranteed throughout the term of the policy unless specifically mentioned and subject to IRDA approval. The value of the investment fund reflects the value of the underlying investments. These investments are subject to market risks and change in fundamentals such as tax rates etc affecting the investment portfolio. The premium paid in unit linked life insurance policies are subject to investment risk associated with capital markets and the unit price of the units may go up or down based on the performance of investment fund and factors influencing the capital market and the policyholder is responsible for his/her decisions. There is no guarantee or assurance of returns from the investment funds. ABSLI reserves the right to recover levies such as the service tax levied by the authorities on insurance transactions. If there be any additional levies, they too will be recovered from you. For further details please refer to the policy contract. Tax benefits are subject to changes in the tax laws. For more details on risk factors terms and conditions, please read the sales brochure carefully before concluding the sale. Linked Life Insurance products are different from the traditional insurance products and are subject to the risk factors. The premium paid in Unit Linked Life Insurance policies are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of the fund and factors’ influencing the capital market and the insured is responsible for his or her decision. Aditya Birla Sun Life Insurance Company Limited is only the name of the Insurance Company and Group Value Plus plan is only name of the unit linked life insurance contract and funds and does not in any way indicate the quality of the contract, its future prospects or returns. Please know the associated risks and the applicable charges, from your Insurance agent or the Intermediary or policy document. The various funds offered under this contract are the names of the funds and do not any way indicate the quality of these plans, their future prospects and returns .The Past performance of the Unit linked fund(s) of the company is not necessarily indicative of the future performance of any of these Unit linked fund(s).

For more details on this plan visit our website. Registered Office: One Indiabulls Centre Tower 1, 16th Floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400013. Call Centre: 1-800-270-7000 www.adityabirlasunlifeinsurance.com IRDAI Reg. No. 109 | CIN: U99999MH2000PLC128110 ADV/9/20-21/1219 UIN: 109L055V04