Tata AIA Life to launch Emerging Opportunities Fund, NFO opens today. | Jobs Vox


The Emerging Opportunities Fund is the first of several new funds launched by Tata AIA Life Insurance (Tata AIA) and will invest in mid-cap and emerging companies. From December 15 to December 29, 2022, the New Funding Offer (NFO) window is available at Rs. 10 per unit applicable only during NFO period.

Investors can invest in the fund through ULIPs by Tata AIA including Fortune Pro, Wealth Pro, Fortune Maxima and Wealth Maxima. Tata AIA’s Param Rakshak Solutions will also be associated with this fund. Says Tata AIA Life, this offers consumers a unique opportunity to benefit from the long-term growth potential of their favorite life insurance cover protection.

The Fund’s investment objective is to generate long-term capital appreciation by investing in a portfolio of stocks that offer opportunities in mid-cap sectors and growth pioneers in emerging sectors. Up to 30% of the portfolio may be allocated by the fund to equity and equity related securities outside the mid-cap bracket.

Tata AIA Life Insurance (Tata AIA) said in its official statement that the Emerging Opportunities Fund is an equity fund suitable for consumers who want to benefit from the long-term growth potential of equity and have a relatively high risk appetite. Mid-cap stocks often go through high market volatility which can be lost for a long time. An investor participating in this NFO should be comfortable with measuring market volatility by investing to benefit from long-term compounded returns.

Harshad Patil, Executive Vice President and Chief Investment Officer (CIO), Tata AIA Life Insurance, said, “As mid-cap companies continue to grow rapidly, investing in these stocks provides a great opportunity for policyholders to build wealth. As the Indian market is on a growth trajectory, the mid-cap -Capital equities can see healthy returns. Our ULIP funds have performed well against benchmarks and are highly rated by rating agencies like Morning Star. Our new funds like Emerging Opportunities Funds are available to existing and new investors in the growth of Indian markets through equity investments in addition to life insurance. It gives you the opportunity to participate with benefit.

“This fund aims to invest in a portfolio of stocks in the middle-end position and to invest in new leaders in the new age sectors. These new age companies are located in the market values. Most of them are leaders in the industries in which they operate and provide a long runway for growth. In the new fund, medium and large We aim to capture such emerging long-term themes while having the potential to shift our cap bias to a mid- and small-cap bias, which we believe is a key value of our new fund offering,” he added.

Performance of Tata AIA’s existing equity funds

5-year returns It returns from its inception
TATA AIA Funds Morning star ratings Cashback in % Benchmark Returns (%) Cash Returns (%) Benchmark Returns (%)
Multi-cap fund 5 star 21.05 12.39 20.77 12.80
Top 200 funds 5 star 19.10 12.39 18.33 15.54
Whole Life Mid Cap Equity Fund 5 star 12.63 10.00 14.63 12.30

Information as of 30 November 2022. # Morning Star ratings as of October 31, 2022 overall. Dates of Origin: Whole Life Midcap Equity Fund:

Apart from having a strong track record in its existing funds, fund analysts have rated Tata AIA ULIP Fund very good. As of October 31, 2022, 98.96% of Tata AIA Life’s rated AUM has a 5-year Morning Star rating of 4 stars or 5 stars. As of October 31, 2022, Tata AIA Life’s assets under management (AUM) totaled 64,149 crores.

Tata AIA Life Insurance Company Limited (Tata AIA Life) is a joint venture company established by Tata Sons Pvt. Ltd. and AIA Group Ltd. (AIA). Founded in 1868 by Jamsetji Tata, the Tata Group is a global conglomerate with 30 companies headquartered in India.

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