Bajaj Allianz Life Launches BSE 500 Enhanced Value 50 Index Fund
Bajaj Allianz Life has introduced the BSE 500 Enhanced Value 50 Index Fund, a new offering under its Unit Linked Insurance Plans (ULIPs). The fund aims to deliver capital appreciation by investing in equities from the BSE 500 Enhanced Value 50 Index, combining disciplined investment with life insurance coverage.
The selection process leverages three Core financial ratios—Book-to-Price, Earnings-to-Price, and Sales-to-Price—to identify undervalued opportunities. This multi-metric approach ensures a balanced assessment of company valuations, avoiding overreliance on any single indicator.
"This fund provides a structured avenue for value investing, a strategy historically rewarding long-term investors," said Srinivas Rao Ravuri, Chief Investment Officer at Bajaj Allianz Life Insurance. The product offers diversified equity exposure with a measured risk-reward profile.