Friday, June 13, 2025

Star Union Dai-ichi Life Insurance Has Partnered ith Policybazaar To Offer SUD Life NIFTY Alpha 50 Index Pension Fund


Star Union Dai-ichi Life Insurance Co. Ltd. (SUD Life) has partnered with Policybazaar to offer SUD Life NIFTY Alpha 50 Index Pension Fund, a new, high-potential equity fund designed for its ULIP Pension product, SUD Life Pension Plus. This innovative fund is set to empower customers by offering a strategic avenue for long-term wealth creation, aiming to deliver superior returns that can significantly bolster their retirement savings and help build a more resilient financial future.

SUD Life NIFTY Alpha 50 Index Pension Fund brings a focused approach to long-term wealth creation by investing in 50 high-performing stocks selected from the Top 300 companies. The fund strategically diversifies across a spectrum of vital and high-growth sectors, including Financial Services, Consumer Goods, Capital Goods & Infrastructure, Healthcare, Technology, Oil, Metals & Mining, Automobiles & Ancillaries, and Construction & Realty. To stay aligned with dynamic market opportunities, the portfolio undergoes a strategic refresh every quarter, ensuring consistent relevance and optimal performance.

SUD Life's Fund tracks the benchmark "NIFTY Alpha 50 Index" which boasts a proven track record, having demonstrated strong performance over its 12-year market presence. Notably, a benchmark has achieved a 5-year CAGR return of ~ 33.29% (as on 30/04/2025) showcasing its ability to generate substantial value. By combining strategic sector allocation with rigorous stock selection, SUD Life's fund offers investors a powerful channel to build a robust retirement corpus while actively participating in India's market growth story.

Commenting on the launch, Abhay Tewari, MD & CEO of Star Union Dai-ichi Life Insurance Company Limited, said, "With the SUD Life NIFTY Alpha 50 Index Pension Fund, we are introducing a strategic asset for our customers. This fund is a direct reflection of our commitment to providing high-performance investment pathways specifically designed for long-term retirement planning. We are confident it will serve as a powerful tool, empowering our customers to forge a resilient financial future."

This fund will now be available to Policybazaar customers, marking a unique collaboration that highlights both the organizations’ commitment to delivering value-driven, innovative financial solutions.

Vivek Jain, Chief Business Officer of Life Insurance at Policybazaar, says, “In India, retirement planning is often seen as a balancing act between cautious savings and the hope of market-linked growth. With evolving aspirations and economic shifts, there’s a rising demand for smarter, more dynamic solutions. Recognising this need, Policybazaar has partnered with SUD Life to offer the SUD Life NIFTY Alpha 50 Index Pension Fund, a new, high-potential equity fund designed for its ULIP Pension product, SUD Life Pension Plus. It's a first-of-its-kind equity fund designed to utilise India’s high-growth sectors while prioritizing long-term stability. We’re empowering customers to build a retirement corpus that’s not just secure but also aligned with the momentum of India’s thriving economy.”

No comments:

Total Pageviews