Tata AIA launches two new funds to cater to the wealth and retirement planning
Tata AIA Life Insurance has announced the launch of two new funds -Tata AIA
Top 200 Alpha 30 Index Fund
and Tata AIA Top 200
Alpha 30 Pension Fund
- that brings a powerful opportunity to grow wealth and secure future through life insurance-linked investment products.
These two new funds are designed to help an investor make the most of India's economic ascent. For those looking to grow their wealth while securing their family's financial future – Tata AIA Top 200 Alpha 30 Index Fund whereas for those focused on building a strong retirement corpus with equity-driven growth – Tata AIA Top 200 Alpha 30 Index Pension Fund
These funds will open for investment on June 23, and are available at just Rs 10 per unit during the New Fund Offer (NFO) period, ending June 30, 2025.
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Investments will be made through Tata AIA Life Insurance's unit linked insurance plans, offering you the dual benefit of life insurance coverage and potential wealth growth.
According to Tata AIA, one should invest in these funds as India's economy is poised for growth, supported by a young workforce, rapid urbanisation, strong policy reforms, and key initiatives like 'Make in India' and PLI schemes. These funds are your opportunity to benefit from this promising growth.
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Secondly, these funds are powered by the Nifty 200 Alpha 30 Index, which picks 30 top-performing stocks with a history of delivering better-than-market returns (alpha). That means smarter stock selection and potential for higher growth.
Thirdly, whether you want to build a strong financial foundation for your family or create a retirement fund, these funds are crafted to help you grow your money over time—thanks to their focused, high-growth equity exposure.
And lastly, beyond wealth creation, consumers can secure their families' financial future with life cover.
The Tata AIA Top 200 Alpha 30 Index Fund and Tata AIA Top 200 Alpha 30 Pension Fund are strategically designed to capitalize on these trends, investing in companies poised to benefit from India's growth story.
"
India stands at the threshold of a transformative multi-decade economic growth phase. Our new funds are positioned to capitalise on this promising trajectory, offering investors an equity instrument based on rigorous data analysis and superior risk-adjusted returns. These funds aim to capitalise on a promising trend, offering investors significant long-term value by consistently enhancing their financial security,' said Harshad Patil, Chief Investment Officer at Tata AIA Life Insurance.
The investment objective of the fund is long-term capital appreciation through investment in high-alpha stocks
They will be benchmarked against Nifty 200 Alpha 30 Index. The asset allocation will be 80%-100% in equity & equity-related instruments, 0%-20% in cash & money market securities
Top 200 Alpha 30 Index Fund:
Consumers can invest in the fund and be part of India's long-term growth story. The fund is available with the following Tata AIA solutions: Tata AIA Param Raksha Life Growth +, Tata AIA Param Raksha Life Pro, Tata AIA Param Raksha Life Pro+, Tata AIA Param Raksha Life Maxima+, Tata AIA Param Raksha Life Advantage+, Tata AIA Pro Fit, Tata AIA Shubh Muhurat and Tata AIA Shubh Fortune.
Top 200 Alpha 30 Index Pension Fund:
Investment in the Top 200 Alpha 30 Index Pension Fund is exclusively available with Tata AIA's unit-linked pension solution, Smart Pension Secure Plan, which enables consumers to build a robust retirement fund with long-term growth potential.
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