Ageas Federal Life Insurance bets on India’s economic growth; launches Momentum Growth Fund

Momentum Growth Fund is a strategic ULIP offering aligned with India's thriving economy.

Ageas Federal Life Insurance, a leading private life insurer in India, has launched its latest investment offering—the Momentum Growth Fund.

Opening for subscription from February 10 to February 21, 2025, this fund is designed to help investors capitalise on India’s strong economic trajectory while benefiting from the potential of equity markets.

The Momentum Growth Fund is strategically aligned with the Nifty 500 Momentum 50 Index, which has demonstrated impressive returns of 25.97 per cent CAGR over the past five years and 22.90 per cent CAGR since inception. With a focus on long-term capital appreciation, this fund is well-positioned to serve the evolving financial aspirations of Indian investors.

Key details of Momentum Growth Fund
The Momentum Growth Fund is a ULIP-linked investment offering that aims to generate sustainable long-term growth through a well-diversified equity portfolio. It is based on a disciplined, rules-based methodology, ensuring minimal fund manager bias while capitalizing on market momentum.

Highlights:

• Index-Based Growth: The fund tracks the Nifty 500 Momentum 50 Index, identifying and investing in high-momentum stocks across diverse sectors.
• Strong Historical Performance: The benchmark index has delivered 25.97 per cent CAGR over five years and 22.90 per cent CAGR since inception, reflecting its high return potential.
• Diversified Exposure: The fund spreads investments across multiple sectors, helping mitigate risk while ensuring steady capital appreciation.
• Integrated Life Insurance Coverage: Investors also benefit from Ageas Federal Life Insurance’s protection plans, which ensure financial security and wealth creation.

Management Comments
Jude Gomes, MD & CEO of Ageas Federal Life Insurance, shared his insights on the fund’s launch: “With a GDP growth rate of 6.4 per cent in FY 25, India continues to lead as the fastest-growing economy globally. At Ageas Federal Life Insurance, we are committed to supporting the government’s vision for India’s growth while empowering our customers with solutions that fulfil their long-term financial aspirations. The Momentum Growth Fund is a reflection of this commitment. It bridges individual wealth creation with national progress, offering investors a chance to contribute to—and benefit from—India’s extraordinary growth story. By aligning with the Nifty 500 Momentum 50 Index, the fund provides a resilient, rewarding strategy that promotes shared prosperity.”

Conclusion
With the launch of the Momentum Growth Fund, Ageas Federal Life Insurance reinforces its position as a customer-centric insurer that continuously innovates to offer future-ready investment solutions. By leveraging India’s growth story and the power of momentum investing, this fund provides a compelling opportunity for investors to secure their financial future while participating in the country’s economic progress.

Disclaimer: The article is for informational purposes only and not investment advice.