- Webpages
- Documents
- HDFC Life ClassicAssure PlusInvestment
- HDFC Life ClassicAssure PlusInvestment
- HDFC Life ClassicAssure PlusInvestment
For Online Policy Purchase
(New and Ongoing Applications)
-
Call (All Days & Toll free)
-
Whatsapp
-
Call (For NRI customers, All Days, Local charges apply)
-
Email
-
Request call back (Missed Call)
Branch Locator
-
Locate a branch
For Existing Customers
(Issued Policy)
-
Whatsapp
-
Call (Mon to Sat, from 10 am to 7 pm, Local charges apply)
-
Call (Mon to Sat, from 10 am to 7 pm, STD charges apply)
-
Email
-
NRI-Email
Fund Performance Check
-
Call (Missed Call)
What do you want to do?
Income Fund

What is an Income Fund?
An income fund is mutual fund or a ULIP (unit-linked investment plan) or any other type of investment that aims at generating an income stream for investors by investing in fixed income securities like government securities or gsecs/gilts, bonds, debentures, fixed deposits and the like.
They aim for safety of capital combined with reasonable growth in capital over a period of time and hence prefer income-generating investments like -
- bonds
- fixed deposits
- government securities
Income funds are also offered by ULIPs. They are managed with well-defined controls and guidelines on where the fund manager can and cannot invest, although this varies across insurers and mutual funds.
How Does an Income Fund Work?
Typically, the fund manager invests in fixed income securities with higher credit ratings and established financial track records. Such companies have lower default risk in repayment of capital and interest.
The objective of the income fund is to maximize income. This reflects in two ways:
- Capital appreciation which is when the NAV or net asset value rises over a period of time
Dividend payout at periodic intervals depending on surplus funds
Who Is It Suitable For?
For an investor, income funds are ideal for planning for child's education, setting aside money towards down payment on a house, retirement planning, among other long-term goals.
Even investors with higher risk appetites who prefer to invest through equity funds / equities, can consider investing a portion of money in income funds for diversification.
Related Articles
Related Insurance Definitions:
Products Offered by HDFC Life:
- HDFC Life Click2Invest ULIP - Online Unit Linked Insurance Plan
- HDFC Life Click2Retire - Online Retirement Plan
- HDFC Life Click2Protect Plus - Online Term Policy In India
Tax Articles
Subscribe to get the latest articles directly in your inbox
Life & Term Articles
Investment Articles
Calculators
Here's all you should know about life insurance.
We help you to make informed insurance decisions for a lifetime.
HDFC Life Insurance Company Limited. CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101.
Registered Office: Lodha Excelus, 13th Floor, Apollo Mills Compound, N.M. Joshi Marg, Mahalaxmi, Mumbai 400 011. Email: [email protected], Tel No: 1800-266-9777 (10 am to 7 pm). The name/letters “HDFC” in the name/logo of the company belongs to Housing Development Finance Corporation Limited (“HDFC Limited”) and is used by HDFC Life under an agreement entered into with HDFC Limited.
For more details on risk factors, associated terms and conditions and exclusions please read sales brochure carefully before concluding a sale.
BEWARE OF SPURIOUS PHONE CALLS AND FICTIOUS/FRAUDULENT OFFERS
|

Popular Searches
- term insurance plan
- savings plan
- ulip plan
- retirement plans
- health plans
- child insurance plans
- group insurance plans
- long term savings plan
- fixed maturity plan
- monthly income advantage plan
- income tax calculator
- pension calculator
- bmi calculator
- compound interest calculator
- term insurance calculator
- income tax
- tax saving investment options
- best investment plans
- benefits of term insurance calculator
- what is term insurance
- why to invest in life insurance
- tax planning for salaried employees
- how to choose best child insurance plan
- tips for buying retirement plan
- 1 crore term insurance
- importance of saving
- short term saving plans
- types of investment in india
- investment declaration