ICICI Life Insurance has launched the ICICI Life BSE 500 Momentum Quality 50 Index Fund, reinforcing its focus on expanding investment choices for customers through a strategy that combines financial quality with share-price momentum. The new equity investment option will be available with most of the company’s unit-linked insurance plans (ULIPs).
The fund will invest in 50 companies selected from the BSE 500 universe based on two factors: momentum and quality. Its selection framework evaluates financial health through parameters such as Return on Equity, Debt to Equity and Earnings per Share, alongside stock-price growth over the previous 12 months. The portfolio will be reviewed and rebalanced quarterly to respond to evolving business fundamentals and market opportunities.
Commenting on the launch, Manish Kumar, Chief Investment Officer, ICICI Life Insurance, said, “ICICI Life BSE 500 Momentum Quality 50 Index Fund offers investors an effective way to build long-term wealth by tracking companies with high-quality businesses, strong earnings visibility and steady share-price momentum.”
Kumar added that the fund aligns with the company’s broader focus on helping customers benefit from long-term compounding while navigating market fluctuations and building enduring financial security for their families.
As of September 30, 2026, the underlying index had generated returns of up to 23.7% over seven years, potentially turning Rs 1 lakh into Rs 4.4 lakh. Past performance does not guarantee future returns.
The company reported a claim settlement ratio of 99.3% in H1-FY2027, with an average turnaround time of 1.1 days for non-investigated claims.
The fund will be offered with ICICI Life Protect N Gain, Signature Assure, Signature, Platinum and Wealth Elite Pro, along with life cover, through www.icicilife.com.
