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

(This story has not been edited by THE WEEK and is auto-generated from a PTI ....

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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. ....

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Share Market Highlights 16 January 2023: Sensex sheds 199 pts, Nifty closes below 22,050; Divis Lab, HCL Tech top losers

Share Market Highlights 16 January 2023: Sensex sheds 199 pts, Nifty closes below 22,050; Divis Lab, HCL Tech top losers
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Max Life launches first-of-its-kind Midcap Momentum Index Fund in ULIP segment

This NFO aligns with the surging trend of index funds in India which have witnessed 175% CAGR growth in asset under management (AUM) over the last three years (FY20-FY23), Max Life Insurance said. ....

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