Tata AIA Life launched a new index pension fund to promote retirement savings – CNBC TV18

Tata AIA Life launched a new index pension fund to promote retirement savings – CNBC TV18


Tata AIA Life Insurance has announced the launch of its latest NFO, ‘Multicap Momentum Quality Index Pension Fund’. This fund will strengthen individuals with smart, market solutions that help them to create a strong retirement corpus under their financial future control.

Index fund corner

Sponsored

Name of the scheme 1-year back Invest now Fund category expense ratio
Axis Nifty 50 Index Fund +32.80% Invest now Equity: Big Cap 0.12%
Axis Nifty 100 Index Fund +38.59% Invest now Equity: Big Cap 0.21%
Axis Nifty Next 50 Index Fund +71.83% Invest now Equity: Big Cap 0.25%
Axis Nifty 500 Index Fund , Invest now Equity: Flexi Cap 0.10%
Axis Nifty Midcap 50 Index Fund +46.03% Invest now Equity: Mid Cap 0.28%

The new fund of Tata AIA is also structured to catch market development opportunities, ensuring portfolio stability through a quant-based investment strategy. The new fund offer opens for membership today and closes on February 28, 2025.

key features

  • Investment Focus: Companies combine with Multicap Momentum Quality 50 index
  • asset allocation: 80% -100% in equity and equity -related equipment, 0% -20% in cash and money market securities
  • Risk profile: Designed to provide high returns with managed risk to ensure stability
  • Fund Management Charge (FMC): 1.35% per year

Benefits of new fund

  • Long -term capital growth -Multicap Momentum Quality invests in highly-affected companies aligned with 50 index
  • Smart diversification -Exposure to large, middle and small-cap stock for soluble development
  • Risk -Uses speed and quality factors to select strong, high-development stock
  • Convenient retirement scheme -Tata AIA’s smart pension available through safety scheme, offer pension-linked benefits
  • Easy access: The Tata AIA’s website and its digital partner ecosystem are available online and accessible, including policy markets, Tata Nu and PhonePe, which is able to, anywhere, anywhere, anywhere, anywhere.

Also read: FD vs. Index Fund: Which investment option is best for you?

(Tagstotransite) NFO (T) New Fund Off (T) Tata AIA Life NFO