Tata AIA Life Insurance has introduced the Multicap Momentum Quality Index Pension Fund, a market-linked retirement solution designed to provide long-term capital growth with a disciplined investment strategy.
The fund, available under Tata AIA’s Smart Pension Secure plan, focuses on momentum-driven, high-quality stocks selected from the Multicap Momentum Quality 50 Index. It offers exposure across large, mid, and small-cap stocks, ensuring diversification and stability while aiming for high risk-adjusted returns. The New Fund Offer (NFO) opens on February 21, 2025, and closes on February 28, 2025. Investors can access it through Tata AIA’s digital platforms, including Policybazaar, Tata Neu, and PhonePe.
Harshad Patil, CIO of Tata AIA, emphasized the fund’s strategic focus, stating, “Retirement planning today requires a smarter approach. By blending momentum and quality investing, we aim to deliver superior returns, helping policyholders achieve financial independence.” With India’s economic growth on the rise, this pension fund offers investors a structured pathway to grow their retirement corpus while ensuring financial security and tax benefits under Section 80CCC.