NFO window for Tata AIA Flexi Growth Fund set to conclude on Dec 31, 2023. Details here

livemint.com:

Tata AIA Life Insurance has recently launched the Tata AIA Life Flexi Growth Fund, enabling policyholders to invest in a diverse array of companies across large, mid, and small-cap sectors, based on their attractiveness at any given moment. This new fund offering (NFO) through the Unit Linked Products window was unveiled on December 16, 2023, and will be accessible until December 31, 2023, at a net asset value (NAV) of ₹10 per unit.

The Flexi Growth Fund provides investors with four compelling reasons to consider investment:

Dynamic allocation: It possesses the flexibility to dynamically adjust its weighting across Large/mid/small caps, adapting to their attractiveness at any given time.

Sector-wise adaptation and diversification: Recognising the periodic changes in sector outlooks, the Flexi Growth Fund can selectively invest in sectors based on their current outlook.

Risk mitigation across market cycles: By skilfully navigating through various market capitalisations, the Flexi Growth Fund is well-positioned to deliver strong performance across different market cycles.

Track record of superior returns: Tata AIA funds have demonstrated robust returns over the past five years. Notably, the Multicap Fund achieved a return of 26.07 per cent, outperforming the benchmark return of 13.99 per cent on a five-year basis as of November 30, 2023.

Commenting on the flexi growth fund launch, Harshad Patil, Executive Vice President and Chief Investment Officer, Tata AIA Life Insurance, said, “At Tata AIA, we endeavour to provide superior, consistent, risk-adjusted long-term returns to our policyholders. Tata AIA funds have delivered outstanding performance over the years, beating benchmarks consistently. Tata AIA Flexi Growth Fund