Bajaj Allianz Life Insurance launches BSE 500 Enhanced Value 50 Index Fund

Bajaj Allianz Life Insurance has announced the launch of Bajaj Allianz Life BSE 500 Enhanced Value 50 Index Fund, its latest New Fund Offer (NFO), exclusively under its Unit Linked Insurance Plans (ULIPs). The fund is designed to provide capital appreciation through investment in equities forming part of the BSE 500 Enhanced Value 50 Index and enabling investors to have a disciplined investing approach along with life insurance protection.

The new fund offer or NFO of the fund is open for subscription and will close on September 20.

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The fund selection framework uses three core financial ratios to identify potential undervalued opportunities. These are the Book-to-Price Ratio, Earnings-to-Price Ratio and Sales-to-Price Ratio. Together, these indicators provide a well-rounded perspective of a company’s valuation, covering assets, profitability and revenue, ensuring a balanced approach that avoids dependence on any single metric.

The Bajaj Allianz Life BSE 500 Enhanced Value 50 Index Fund is passively managed to mirror the BSE 500 Enhanced Value 50 Index and is updated every quarter to stay aligned with market trends and data. This structure allows investors to gain disciplined, long-term exposure to high-potential value stocks with minimal active management risk.

“The Bajaj Allianz Life BSE 500 Enhanced Value 50 Index Fund offers investors a disciplined way to benefit from value investing, a strategy that has historically rewarded patience and long-term commitment. By systematically investing in companies with attractive valuations across large, mid, and small-cap segments, the fund provides a diversified equity exposure with a balanced risk-reward profile. We believe this approach can play a meaningful role in helping investors build sustainable wealth over time,” said Srinivas Rao Ravuri, Chief Investment Officer, Bajaj Allianz Life Insurance.

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This fund is particularly suited for investors seeking long-term capital appreciation with a high-risk appetite and a preference for systematic, rule-based investing. Bajaj Allianz Life ULIP products with underlying Bajaj Allianz Life BSE 500 Enhanced Value 50 Index Fund, enables policyholders to achieve their Life Goals, powered by the security of a life cover and the opportunity for wealth creation.

Historical performance of the index highlights its potential, having outperformed broader market-cap indices over the medium to long term, delivering superior returns, though past performance may not be indicative of future outcomes.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)