Tata AIA Life Insurance (Tata AIA), one of India’s leading life insurers, has launched the Tata AIA Rising India Fund, a Fund that opens a unique avenue for consumers to participate in India’s growth story. The New Fund Offering (NFO) will remain open until March 31, 2024, with units being offered at an NAV of Rs. 10 per unit during the NFO period.
The Rising India Fund will invest in key sectors and companies, that are driving the Atmanirbhar Bharat story. These include infrastructure, manufacturing, banking, digital, defense, etc. The fund will invest in companies across market caps and would be sector agnostic, enabling the fund manager to harness diverse opportunities driving India’s growth engine.
To generate capital appreciation, 70%- 100% of the fund’s investments will be made in equity and equity-related instruments and 0%- 30% in debt and money market instruments. The Tata AIA Rising India Fund offers investors the choice of investing across market caps in one fund, featuring high-quality, diversified portfolios and strong performance potential.
Tata AIA policyholders can invest in this fund through multiple products including Pro-Fit, Param Rakshak solution, Param Rakshak Plus solution, Param Rakshak II solution, Param Rakshak ROP solution, Param Rakshak IV solution, Param Rakshak Pro solution, Param Rakshak Elite solution. This offers consumers the unique opportunity to benefit from the long-term growth potential of equity while securing their loved ones with the protection of a life insurance cover.
Tata AIA Life has consistently introduced new investment opportunities in recent years with its diverse portfolio of Unit Linked Products. These offerings consistently outperform benchmarks, delivering superior returns. The table below shows the performance of multiple Tata AIA ULIPs across diverse themes.
