Tata AIA Life Insurance has announced the launch of its new “Tata AIA Dividend Leaders Index Pension Fund”, aimed at helping consumers build long-term retirement wealth through investments in India’s leading dividend-paying companies. The newly launched fund will invest in 50 consistent dividend-paying firms and track the BSE 500 Dividend Leaders 50 Index through a passive investment strategy in line with IRDAI regulations. According to the company, the fund is designed to combine market-linked growth opportunities with life insurance protection while focusing on financially strong and established businesses.
Tata AIA said dividends generated by companies in the portfolio will be reinvested into the fund, allowing investors to benefit from long-term compounding and capital appreciation. The fund will maintain an equity allocation between 70 and 100 per cent, while up to 30 per cent may be invested in cash and money market instruments for flexibility.
The New Fund Offer (NFO) opened on May 20 and will remain available till May 27, with policies issued during the period priced at an NAV of ₹10. The fund is available through Tata AIA Smart Pension Secure and Tata AIA Premier Pension Secure plans.
