Mumbai: Ageas Federal Life Insurance, a leading private life insurer in India, has launched its latest investment offering”the Momentum Growth Fund. Opening February 10th – February 21st 2025, this new offering presents an attractive opportunity for investors aiming to benefit from India’s robust long-term economic growth within the ULIP segment. It is strategically aligned with the Nifty 500 Momentum 50 Index, which has delivered remarkable returns of 25.97%* CAGR over the past five years, and 22.90% CAGR since its inception.
With a focus on delivering strong returns over the medium to long term, the fund diversifies investments across a wide range of companies and sectors within the index, helping to mitigate risk while promoting steady, sustainable growth. This disciplined, strategic approach offers customers a rewarding and resilient investment strategy that is well-aligned with India`s thriving economy.
Mr. Jude Gomes, MD & CEO of Ageas Federal Life Insurance, said, With a GDP of 6.4% in FY 25, India still remains the fastest growing economy. At Ageas Federal Life Insurance, we support the government`s vision for India`s growth story. The Momentum Growth Fund reflects our commitment while empowering customers with solutions that meet their long-term financial aspirations. With this launch, we aim to bridge individual wealth creation and national progress, contributing to India`s extraordinary growth story and fostering a future of shared prosperity.”
The fund empowers investors to navigate the ever-changing stock market trends effectively, while removing any potential fund manager bias. Additionally, it offers the advantage of comprehensive life coverage through Ageas Federal`s innovative and customer-centric insurance plans. The Momentum Growth Fund will be available alongside Ageas Federal Life Insurance`s flagship offerings.