Latest news with #HarshadPatil
Time of India
2 days ago
- Business
- Time of India
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. Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Iraq: New Small Electric Car For Seniors. Prices Might Surprise You. Electric Cars | Search Ads Undo 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. Live Events 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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Business Standard
3 days ago
- Business
- Business Standard
Tata AIA launches 2 new funds for wealth creation, insurance cover
Tata AIA Life Insurance has launched two new equity-linked funds (ULIP) under its unit-linked insurance plans (ULIPs). Top 200 Alpha 30 Index Fund and Top 200 Alpha 30 Index Pension Fund will be available from June 23 to June 30, 2025, at an issue price of Rs 10 per unit. Both funds are meant for wealth creation and retirement planning while offering life insurance protection under various Tata AIA insurance products, said the company. 1. Top 200 Alpha 30 Index Fund It is meant for individuals looking to create wealth while providing insurance cover to their families. The fund is benchmarked to the Nifty 200 Alpha 30 Index, which includes 30 high-performing stocks known to generate excess returns (alpha) over the market. 2. Top 200 Alpha 30 Index Pension Fund It will build a robust retirement corpus and is available through Tata AIA's Smart Pension Secure Plan. Both funds have the following asset allocation: 80 per cent to 100 per cent in equity and equity-related instruments Zero per cent to 20 per cent in cash and money market securities Features for investors Access to Alpha Stocks: Focus on companies with a strong track record of outperforming the market. Life insurance: Investors get insurance cover along with market-linked returns. Long-term wealth Focus: Ideal for financial goals that span several years, like retirement. Strategic diversification: Exposure to multiple sectors with a data-driven stock selection process. 'The new funds are positioned to capitalise on India's strong economic fundamentals and rising consumption,' said Harshad Patil, Chief Investment Officer, Tata AIA Life Insurance. 'We are combining life cover with high-growth equity exposure, giving customers both financial protection and investment growth.' Tata AIA funds' performance Top 200 Fund: 32.3 per cent CAGR in five years Multi-Cap Fund: 31.4 per cent India Consumption Fund: 30.4 per cent Notably, 99.93 per cent of Tata AIA's fund assets under management are rated 4 or 5 stars by Morningstar, much higher than the industry average of less than 30 per cent. How to invest? Investors can access these funds through select Tata AIA life insurance products such as: Param Raksha Life Growth+ / Pro / Maxima+ Pro Fit Shubh Muhurat Shubh Fortune
Business Upturn
13-06-2025
- Business
- Business Upturn
Tata AIA's ULIP Funds Outperform Market Benchmarks
Tata AIA Life Insurance has reported benchmark-beating returns across its ULIP funds, with top-performing schemes delivering over 30% CAGR over five years. Backed by a strong investment strategy and consistent performance, the insurer's AUM has crossed ₹1.3 lakh crore, marking a 27% year-on-year growth. By Riddhima Jain Published on June 13, 2025, 16:59 IST Tata AIA Life Insurance has posted strong fund performance across its Unit Linked Insurance Plans (ULIPs), with several flagship funds outperforming market benchmarks over the past five years. This milestone reinforces the insurer's leadership in combining long-term investment growth with robust insurance protection. According to data as of May 30, 2025, Tata AIA's Multi Cap, Top 200, and India Consumption Funds have delivered compounded annual growth rates (CAGR) of over 30%, significantly ahead of their benchmark S&P BSE 200, which stood at 22.7%. Specifically: Top 200 Fund : 32.30% Multi Cap Fund : 31.40% India Consumption Fund: 30.44% Additionally, recent New Fund Offers (NFOs) have also demonstrated strong returns since inception. The Small Cap Discovery Fund, launched in July 2023, posted a 37.42% return, outperforming its NIFTY Small Cap 100 benchmark (26.49%). Other NFOs like the Emerging Opportunities Fund, Flexi Growth Fund, and Dynamic Advantage Fund have also exceeded benchmark returns by notable margins. Tata AIA's investment strategy continues to gain recognition, with 99.93% of its Assets Under Management (AUM) rated 4 or 5 stars by Morningstar on a five-year basis—far above the private life insurance industry average of 29%. Harshad Patil, Chief Investment Officer, Tata AIA Life, credited the performance to a disciplined, bottom-up stock selection process: 'Our investment approach focuses on delivering risk-adjusted, consistent returns over the long term. Through meticulous research and diversification, we've managed to generate strong results across market cycles.' As of May 31, 2025, Tata AIA's total AUM has surged to ₹130,053 crore, reflecting a 27.08% year-on-year growth. The insurer attributes this growth to robust new business premium income and its track record of investment excellence. Tata AIA's ULIP products are structured to give policyholders access to India's high-growth equity opportunities while ensuring life and health protection. With a focus on long-term value creation, the company continues to strengthen its dual promise of protection and wealth generation. Ahmedabad Plane Crash
