The returns of Max Life Insurance Pension Plan are not guaranteed and vary significantly depending on the specific fund you choose and its performance. Since these are market-linked Unit-Linked Pension Plans (ULIPs), there is no single “interest rate”.
Historical returns for some of Max Life’s pension funds (as of October 2025) include:
Max Life Pension Growth Super Fund: Returns of around 24.77% CAGR over the past 5-years.
Max New York Life Pension Maximizer Fund: Past 5-year returns of approximately 11.17% CAGR.
Max Life Pension Balanced Fund: Past 5-year returns of approximately 10.31% CAGR.
Max Life Pension Secure Fund: Past 5-year returns of approximately 6.09% CAGR
Factors that will influence your return
Your actual return will depend on several factors, including:
Fund Selection: The fund you choose determines the allocation between equity (stocks) and debt (bonds). Equity-oriented funds have higher risk and higher return potential, while debt-oriented funds are safer and generally offer more stable, but lower returns.
Market Performance: Returns are not guaranteed as the funds are linked to the market. Your funds will grow or shrink depending on market conditions.
Policy Term: The length of time you invest is a key factor, as longer investment horizons generally allow for higher compounded growth.
Policy Charges: Various charges, such as fund management charges and premium allocation charges, are deducted from your fund value, which affects your net return.
Before you invest
It is crucial to understand that performance is not guaranteed and that the market carries risk. To fully understand the potential returns and to match a plan to your specific risk profile, you should:
Use Max Life’s pension calculator on their website to get estimates based on different assumed rates of return (such as 4% and 8%).
Carefully read the sales brochure and benefit example for the specific pension plan you are considering.