Bandhan Life Insurance, the life insurance arm of the Bandhan Group, has launched a new Unit Linked Insurance Plan (ULIP) named iInvest Ultima along with a new Mid Cap Fund offering, aimed at helping customers build long-term wealth while ensuring financial protection. The New Fund Launch (NFL), available at a Net Asset Value (NAV) of ₹10, will remain open for subscription until February 18, 2026.
The iInvest Ultima plan provides access to Bandhan Life’s 5-star and 4-star rated funds, which have outperformed industry benchmarks, along with features such as an Accidental Death Benefit Rider, loyalty rewards, and a return of 100% mortality charges from the 15th policy year. The plan targets customers aged 30–50 who are comfortable with market-linked investments and can invest ₹2 lakh or more annually. Women customers will receive an additional 0.5% premium allocation benefit for the first five policy years.
The Mid Cap Fund, benchmarked against the Nifty Midcap 150 Index, will invest in mid-sized companies across sectors such as financial services, industrials, healthcare, and capital goods, focusing on firms with strong balance sheets and scalable business models. In Guwahati, financial advisors note growing interest among investors in ULIPs and mid-cap-focused funds, particularly among emerging middle-income households seeking long-term investment options that combine protection and market-linked growth opportunities.