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Max Life Diversifies ULIP range with an all-new Midcap Momentum Index Fund

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Business News | Max Life Diversifies ULIP Range with an All-new Midcap Momentum Index Fund

Get latest articles and stories on Business at LatestLY. New Delhi [India], January 18: Max Life Insurance CompanyLtd. ("Max Life"/ "Company") has introduced the 'Midcap Momentum Index Fund' (SFIN: ULIF02801/01/24MIDMOMENTM104) in the ULIP segment. The new fund offering is structured around the Nifty Midcap 150 Momentum 50 Index, which has displayed a noteworthy 28.7 per cent 5-year and 26.7 per cent 10 year CAGR returns (returns as on 31st Dec'23). Investors can participate in the new fund until January 29, 2024, at a unit price of Rs 10, applicable exclusively during this limited NFO period. Business News | Max Life Diversifies ULIP Range with an All-new Midcap Momentum Index Fund.

Blade maker Supermax goes into bankruptcy

The operational creditor had approached the tribunal in September last year after Supermax Personal Care defaulted on its dues of ₹1.97 crore.

Introducing Sahil Vachani: Former London investment banker now heads Rs 4648 crore company; He is the son-in-law of THIS Indian billionaire

Meet man who worked as investment banker in London, now leads Rs 4648 crore company, son-in-law of Indian billionaire

He completed his graduation in the UK and had a stint in investment banking in London.