The fund seeks to invest in a portfolio of mid-cap stocks and emerging leaders in new-century sectors.
Tata AIA Life Insurance Company has launched its Emerging Opportunity Fund, which will invest in mid-cap companies and emerging market leaders with significant growth potential. Future applications for ULIP packages with the New Funding Window (NFO) will remain open until December 31.
Fund investments can be made through Tata AIA’s ULIP services such as Fortune Pro, Wealth Pro, Fortune Maxima, and Wealth Maxima. In addition, the Fund will also be tied to Tata AIA’s Param Rakshak solutions. This gives consumers a unique opportunity to benefit from the long-term growth potential of equity while ensuring their loved ones with the protection of life insurance.
The Fund’s investment objective is to achieve long-term capital appreciation by investing in a portfolio of stocks that provide opportunities for mid-caps and emerging leaders in contemporary sectors. offers significant long-term wealth creation as well as insurance benefits. The fund can invest up to 30% of its portfolio in equity and equity-related instruments outside the mid-cap range.
These equity funds are suitable for relatively risk-averse consumers looking to benefit from long-term capital growth potential. Mid-cap stocks typically experience high levels of market volatility that tend to flatten over the long term. Investors participating in this NFO should be comfortably averaging out market volatility while maintaining their investments for long-term compound interest.
Harshad Patil, executive vice president, and chief investment officer, of Tata AIA Life Insurance, said, “As mid-cap companies continue to grow rapidly, investing in these stocks offers our policyholders a great opportunity to build wealth. Mid-cap stocks are likely to see healthy returns since India’s market is on a growth trajectory. Our ULIP funds have performed well in comparison with benchmarks and are highly rated by rating agencies such as Morning Star. New funds such as the Emerging Opportunity Fund will offer our existing and new investors an opportunity to participate in the growth of the Indian markets through equity investments with the added benefit of life insurance.”
“This Fund aims to invest in a portfolio of stocks in the mid-cap space and emerging leaders in the new age sectors. These new-age companies are present across market caps. Most of them are leaders in the industries in that they operate and provide a long runway for growth. With the new Fund’s ability to seamlessly move from mid and large-cap bias to mid and small-cap bias, we aim to capture such emerging long-term themes. This we believe is the key value-add of our new Fund offering”, he further added.
