NEW DELHI: Tata Life Insurance AIA has launched its Emerging Opportunity Fund, which will invest in mid-cap companies and emerging market leaders with the potential to generate significant growth in future. Applications for ULIP packages with the New Funding Offering (NFO) window will remain open until December 31.
Investments in the Fund can be made through Tata AIA’s ULIP services such as Fortune Pro, Wealth Pro, Fortune Maxima and Wealth Maxima. In addition, the Fund will also be tied to Tata AIA’s Param Rakshak Solutions. This gives consumers the unique opportunity to benefit from the long-term growth potential of equity while keeping their loved ones safe with the protection of a single personal insurance plan. longevity.
The Fund’s investment objective is to create long-term capital appreciation by investing in a portfolio of stocks that offer opportunities in the mid-cap space and emerging leaders in era sectors. offers significant long-term asset creation along with insurance benefits. The fund can invest up to 30% of its portfolio in equity and equity-related instruments that fall outside the mid-cap range.
This equity fund is suitable for consumers who are looking to benefit from the long-term growth potential of equity and have a relatively higher risk appetite. Mid-cap stocks typically experience high levels of market volatility and tend to be in balance over the long term. An investor participating in this NFO should feel comfortable averaging the market volatility by continuing to invest to benefit from long-term compound returns.
Harshad Patil, executive vice president and chief investment officer at Tata AIA Life Insurance, said: “As mid-cap companies continue to grow rapidly, investing in these stocks offers investors our policyholders great opportunity to get rich. Mid-cap stocks have the potential to do well as the Indian market is on a growth trajectory. Our ULIP funds have performed well against standards and are highly regarded by rating agencies like Morning Star. New funds such as the Emerging Opportunity Fund will give our existing and new investors the opportunity to participate in the growth of the Indian market through equity investment with the added benefit of life insurance.”
“This fund aims to invest in a portfolio of mid-cap stocks and emerging leaders in new age sectors. These new age companies are present all over the market. Most of them are leaders in the industries in which they operate and provide a long path for growth. Given the new Fund’s ability to seamlessly transition from mid- and large-cap trends to mid- and small-cap trends, we aim to capture such emerging long-term themes. We believe this is the key added value of our new Fund offering,” he added.
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