Tata AIA Life Insurance Co Ltd today launched its Momentum 50 Index Fund, opening the New Fund Offer (NFO) at ₹10 per unit. The NFO will remain open until August 25, 2025.
The fund tracks the BSE 500 Momentum 50 Customised Index, investing in 50 high-momentum stocks selected from the BSE 500 universe. The investment strategy focuses on companies that have demonstrated strong recent performance, operating on the premise that such stocks are likely to continue their outperformance trend.
The fund maintains an asset allocation of 80-100 per cent in equity and equity-related instruments, with 0-20 per cent in cash and money market securities. It combines equity investment potential with life insurance coverage for policyholders.
Harshad Patil, Chief Investment Officer at Tata AIA, said the fund offers a rules-based approach to identify momentum-driven companies positioned to benefit from India’s economic growth while providing family financial protection.
The fund will be available through Tata AIA’s existing solutions including Smart Fortune Plus, Sampoorna Raksha Flex, Smart SIP, Capital Guarantee Solution, and ISIP.
Tata AIA reported total premium income of ₹31,484 crore for FY25, up 23 per cent from the previous year. The company ranks among the top three private insurers in Individual Weighted New Business Premium with ₹8,511 crore income.
Published on August 18, 2025
