NFO Period: 1st July, 2025 – 14th July 2025
PUNE: Bajaj Allianz Life, one of India’s leading private life insurers, has announced the launch of its New Fund Offer (NFO) – Bajaj Allianz Life Nifty 500 Multifactor 50 Index Fund. Offered under the Company’s ULIP products, this fund is designed to track the Nifty 500 Multifactor MQVLv 50 Index, providing investors with exposure to a multifactor-based equity index while also offering life cover.
Bajaj Allianz Life ULIP products with underlying Bajaj Allianz Life Nifty 500 Multifactor 50 Index Fund enable policyholders to achieve their life goals, powered by the security of a life cover and the opportunity for wealth creation.
The Nifty 500 Multifactor MQVLv 50 Index is a rules-based index that selects 50 stocks from the Nifty 500 universe based on four well-established investment factors: Momentum, Quality, Value, and Low Volatility. This fund passively tracks the Nifty 500 Multifactor MQVLv 50 Index, offering investors exposure to a multifactor strategy through a diversified portfolio of 50 stocks. The NFO will open on 1st July 2025 and close on 14th July 2025.
As the Indian capital market matures, many investors are seeking structured, data-driven investment solutions that reduce behavioral biases while delivering consistent returns. This fund addresses that need by tracking an index designed to capture the benefits of factor-based investing.
Speaking on the launch of the new fund, Srinivas Rao Ravuri, Chief Investment Officer, Bajaj Allianz Life Insurance, said, “We are excited to introduce this multifactor index fund as part of our ULIP offerings. In today’s environment of heightened market volatility, a factor-based passive strategy presents a smart and disciplined way to stay invested. The Bajaj Allianz Life Nifty 500 Multifactor 50 Index Fund applies a combination of four factors—Momentum, Quality, Value, and Low Volatility to construct a diversified portfolio.
This fund is designed to provide investors with systematic, rules-based exposure to equities, helping eliminate the subjectivity and emotional biases often associated with active stock selection. We believe it can be a powerful tool for long-term wealth creation.”
The fund’s investment strategy is built on four key factors:
- Momentum: Based on 6-month and 12-month price returns, adjusted for volatility
- Quality: Evaluated through return on equity (ROE), financial leverage (Debt/Equity Ratio), and earnings growth variability over the past five years
- Value: Assessed using earnings-to-price, book-to-price, sales-to-price ratios, and dividend yield
- Low Volatility: Measured using the standard deviation of daily price returns over the last year
With the fund tracking a focused index of 50 carefully selected stocks from the Nifty 500 universe, Bajaj Allianz Life ULIP products with underlying Bajaj Allianz Life Nifty 500 Multifactor 50 Index Fund are intended for investors with very high risk tolerance who seek systematic, factor-based exposure to Indian equities for long-term capital appreciation.