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.

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Performance of Tata AIA Funds:

*Data as of May 30, 2025. Past performance is not indicative of future performance.

Fund Benchmark: Multi Cap Fund, India Consumption Fund, Top 200 Fund: S&P BSE 200.                                            

Inception Dates: Top 200 Fund: 12 Jan 2009, Multi Cap Fund: 05 Oct 2015, India Consumption Fund: 05 Oct 2015.

Tata AIA has established its expertise in investment-linked plans, consistently delivering benchmark-beating fund performance. An impressive 99.93% of the company’s assets under management (AUM) are rated 4 or 5 stars by Morningstar,  a globally recognised rating agency, on a 5-year basis. In contrast, the average for the private life insurance industry is only 29%.

Performance of TATA AIA’s Recent NFOs as of 30 May 2025:

Tata AIA’s offerings provide policyholders with access to high-growth equity opportunities, backed by robust life and health insurance benefits. The funds focus on high-performing stocks, offering a balance of risk and return across all market caps.

Harshad Patil, Chief Investment Officer (CIO) of Tata AIA, said, “In alignment with Tata AIA Life’s investment goal, we aim to provide best-in-class, consistent, and risk-adjusted returns over the long term. Through a well-established research methodology, we employ a bottom-up approach to selecting stocks. This strategy has enabled us to achieve impressive performance across our portfolio.”

With a steadfast focus on policyholder benefits, Tata AIA Life Insurance continues to lead by delivering consistent, benchmark-beating returns and redefining life insurance through its integrated ULIP offerings.

As of 31^st May 2025, Tata AIA has grown its Assets Under Management (AUM) significantly to INR 130,053 Crores, translating to 27.08% YoY growth. This has been possible due to robust Individual New Business Premium income and exceptional investment performance.

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PUNE: Bajaj Allianz Life Insurance, one of India’s leading private life insurers, today announced the launch of its new index-based fund – Bajaj Allianz Life Nifty 500 Multicap Momentum Quality 50 Index Fund, which will be available along with its ULIP products. Along with a life cover, this new fund offers ULIP customers a unique opportunity to capitalize on the growth potential of multi-cap stocks with momentum and quality factors, diversify their portfolios, and enjoy the benefits of an index-based investment approach. The NFO period for this fund ends on 14th February 2025.

The Nifty 500 Multicap Momentum Quality 50 Index focuses on stocks selected based on a combination of momentum and quality factors from the Nifty 500 index. The Momentum score for each company is determined based on its 6-month and 12-month price return, adjusted for volatility. The Quality score for each company is determined based on return on equity (ROE), financial leverage (Debt/Equity Ratio), and earnings (EPS) growth variability analyzed during the previous 5 years.

Speaking on the launch of the new fund, Srinivas Rao Ravuri, Chief Investment Officer, Bajaj Allianz Life Insurance, said, “As one of the life goal enablers for India, we are committed to providing customers with means to achieve their long-term financial goals. The Bajaj Allianz Life Nifty 500 Multicap Momentum Quality 50 Index Fund allows ULIP customers to tap into India’s growth story through a diversified portfolio of high momentum. With a multi-cap approach and historical dynamic allocation among large Cap, Mid Cap & Small Cap, the fund identifies opportunities across market segments. Designed for investors with a higher risk appetite, it offers a path to long-term capital appreciation while navigating market fluctuations. These features make it a compelling choice for customers looking to review their fund allocation and move closer to their long-term financial goals.”

The fund aims to replicate the benchmark index’s performance (Nifty 500 Multicap Momentum Quality 50 Index), subject to tracking error. The Index will be rebalanced and reconstituted semi-annually in June and December.

Bajaj Allianz Life ULIP products with underlying Bajaj Allianz Life Nifty 500 Multicap Momentum Quality 50 Index Fund enable policyholders to achieve their life goals, powered by the opportunity for wealth creation with a dynamic allocation strategy. For more information on the Bajaj Allianz Life Nifty 500 Multicap Momentum Quality 50 Index Fund, please visit our website: https://www.bajajallianzlife.com/

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MUMBAI: ICICI Prudential Life Insurance launched ICICI Pru Platinum, the Company’s first unit-linked product which aligns distributor payouts to their customers’ fund value – the distributor commissions are linked to their customers’ Assets under Management. This unique product incentivises distributors to encourage their customers to stay invested for the entire policy tenure. Notably, it offers customers a cost and tax-efficient route to build wealth over the long-term.

ICICI Pru Platinum provides unlimited free switches between asset classes, without any cost or tax implications. Customers can choose from an array of 21 funds under this product, comprising 13 equity and four each in the debt and balanced categories, besides offering an option of four portfolio strategies.

Announcing the launch, Amit Palta, Chief Distribution Officer, ICICI Prudential Life Insurance, said, “ICICI Pru Platinum, our Company’s first unit-linked product designed to make distributor payouts aligned to their customers fund value, promoting the long-term interests of both.

We endeavour to continuously innovate and introduce products and processes which are simple. This is in line with our philosophy of ensuring right product to the right customer at the right price and through the right channel. We have introduced pioneering products on the annuity and pension savings platform. These include an annuity product which offers a 100% refund of all premiums paid from the date of purchase. We also offer a traditional product which allows customers to make partial withdrawals to meet liquidity requirements.

Notably, we are the only life insurer in the country to payout commissions to distributors on the same day. Besides, achieving the milestone of issuing ~45% of our savings policies on the same day in FY2024.”

He further added “Life insurance is all about claims and as a customer friendly brand we aim to settle all claims speedily. This is reflected in our industry leading claim settlement ratio of 99.2% for FY2024 with an average turnaround time of just 1.3 days.”

ICICI Pru Platinum provides a choice between two life cover variants. The Growth Plus variant entitles the nominee to receive either the sum assured or the fund value, whichever is higher. Whereas the Protect Plus variant offers the nominee both the sum assured and the fund value.

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MUMBAI: One of India’s leading private life insurance firms, Ageas Federal Life Insurance (AFLI) today announced the launch of its latest offering, the Multicap Fund, as part of its ULIP (Unit Linked Insurance Plan) portfolio. This open-ended fund is designed to deliver returns by strategically investing in a diversified portfolio of listed companies spanning various market caps.

“We are excited to present a new addition to our ULIP portfolio, targeting capital appreciation returns via diversified investments across various market caps. Our commitment to providing innovative and value-driven solutions is reinforced with the introduction of the Multicap Fund. This strategic addition to our ULIP portfolio aims to deliver attractive returns for our customers while ensuring diversification and risk management,” said Vighnesh Shahane, MD & CEO of Ageas Federal Life Insurance.

“The launch of the Multicap Fund underscores Ageas Federal Life Insurance’s continuous efforts to enhance its product offerings and meet the evolving financial needs of its customers,” Shahane added.

As of February 5^th, 2024, the Multicap Fund will be incorporated into the following products:

• Platinum Wealth Builder
• Smart Growth Plan
• Wealthsurance SP II

The Multicap Fund is designed to help customers grow their capital by investing in a carefully curated blend of well-established blue-chip companies, emerging blue-chip companies, mid-cap companies, and select small-cap companies. With a focus on the medium to long term, the fund aims to spread risks by investing in stocks across various sectors, providing customers with a diversified and potentially rewarding investment strategy.

Key details of the Multicap Fund include:

• Fund Name: Multicap Fund
• Investment Objective: Capital appreciation through a diversified portfolio across market caps.
• Investment Horizon: Medium to long term.

The launch of the Multicap Fund underscores Ageas Federal Life Insurance’s continuous efforts to enhance its product offerings and meet the evolving financial needs of its customers.

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