Tata AIA Life Insurance Launches NFO Offerings
- New funds Sustainable Equity Fund & Dynamic Advantage Fund provide unique and distinct investment benefits along with the protection of life insurance cover
- NFO with Unit Linked Products window open from March 18 – 31 2023, at NAV of Rs. 10 per unit
Mumbai, March 30, 2023: Tata AIA Life Insurance (Tata AIA) has launched, NFOs under the aegis of #ProtectYourFuture.
- Sustainable Equity Fund &
- Dynamic Advantage Fund
at NAV of Rs. 10 per unit.
Tata AIA’s Sustainability Equity Fund seeks to generate capital appreciation in the long term by investing in companies that adopt sustainable or Environmental, Social and Governance (ESG) friendly practices. The fund will invest 80-100% in equity and equity related instruments following ESG criteria. and upto20% in other equities or debt or money market instruments. Demonstrating the fund’s core philosophy, Tata AIA will plant a sapling that will be geo-tagged and provide a digital certificate of the same to every policy holder, investing in this fund.
Tata AIA’s Dynamic Advantage Fund aims to generate superior and steady returns, despite factors like market volatility. The fund will dynamically allocate the investment corpus between Equity and Debt depending upon market conditions.
Investments in the two NFOs can be made through Tata AIA’s ULIP offerings like Fortune Pro, Wealth Pro, Fortune Maxima and Wealth Maxima. Consumers can also avail this opportunity by purchasing Tata AIA’s unique investment linked protection solutions, Param Rakshak and Sampoorna Raksha Supreme. Consumers can thus benefit from market linked returns, while securing their loved ones with the protection of a life insurance cover.