Bengaluru: 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, enables 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 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.