Bajaj Allianz Life Insurance, one of the main private life insurance companies in India, has announced the launch of the new index -based fund, Bajaj Allianz Life 500 Multicap Mommentum Quality 50 Index Fundy.
In addition to the life cover, this new fund will diversify portfolios and enjoy the advantages of index -based investment approaches, taking advantage of the growth of multi -cap stocks with momentum and quality factors. We provide unique opportunities. The Fund’s NFO period will end on February 14, 2025.
The Nifty 500 Multicap Momentum Quality 50 index focuses on the selected stock based on the combination of the Nifty 500 index amount and quality factors. The exercise score of each company is determined based on the 6 -month and 12 -month price return and adjusted for volatility. The quality score of each company is determined based on the stock returns (ROE), financial leverage (debt/stock ratio), and revenue (EPS), which have been analyzed in the past five years.
SRINIVAS RAO Ravuri, the highest investment in Bajaj Allianz Life Insurance, talks about the launch of a new fund. the goal. The Bajaj Allianz Life Nifty 500 Multicap Momentum Quality 50 index funds allow ULIP customers to use the growth story of India through diverse portfolios. ”
He added as follows: “Due to the historical dynamic distribution between multi -caps and large caps, midcaps, and small caps, funds have identified the entire market segment opportunities. Designed for investors with high risk selection and in the market. It is persuasive for customers who are aiming to confirm the distribution of funds and approach long -term financial goals with these functions while navigating fluctuations. It will be an option.