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Tata AIA Life Insurance has announced the launch of the Tata AIA Multicap Opportunities Fund and the Tata AIA Multicap Opportunities Pension Fund, expanding its market-linked investment options available through unit-linked insurance plans (ULIPs).
The new funds follow a multicap equity strategy and are benchmarked to the Nifty 500 Index, which represents more than 90% of India’s free-float market capitalisation. They aim to provide investors diversified exposure across large-, mid- and small-cap companies as part of a long-term investment approach.
Both funds will be available for subscription at an initial unit price of ₹10 during the new fund offer (NFO) period from December 24 to December 31.
Investors can access the funds through Tata AIA’s ULIPs, which combine market-linked returns with life insurance cover.
According to the company, the Multicap Opportunities Fund will invest between 60% and 100% of its assets in equities, with up to 40% allocated to debt and money market instruments to manage risk across market conditions.
The pension variant will follow a similar investment framework, tailored for long-term retirement planning.
Commenting on the launch, Harshad Patil, Chief Investment Officer at Tata AIA Life Insurance, said the multicap strategy is designed to allow investors to participate in India’s broad-based growth across sectors and company sizes while avoiding concentration risk.
He added that anchoring the fund to the Nifty 500 Index provides diversified exposure within a disciplined investment framework.
The Multicap Opportunities Fund will be available across several of Tata AIA’s ULIP offerings, including the Param Raksha Life series, Smart SIP, Fortune Pro, Wealth Pro and other eligible plans. The Multicap Opportunities Pension Fund will be offered under Tata AIA Smart Pension Secure and Tata AIA Premier Pension Secure.
Tata AIA Life Insurance is a joint venture between Tata Sons and AIA Group. The company reported total assets under management of ₹1.42 lakh crore as of November 30, 2025.
The new funds follow a multicap equity strategy and are benchmarked to the Nifty 500 Index, which represents more than 90% of India’s free-float market capitalisation. They aim to provide investors diversified exposure across large-, mid- and small-cap companies as part of a long-term investment approach.
Both funds will be available for subscription at an initial unit price of ₹10 during the new fund offer (NFO) period from December 24 to December 31.
Investors can access the funds through Tata AIA’s ULIPs, which combine market-linked returns with life insurance cover.
According to the company, the Multicap Opportunities Fund will invest between 60% and 100% of its assets in equities, with up to 40% allocated to debt and money market instruments to manage risk across market conditions.
The pension variant will follow a similar investment framework, tailored for long-term retirement planning.
Commenting on the launch, Harshad Patil, Chief Investment Officer at Tata AIA Life Insurance, said the multicap strategy is designed to allow investors to participate in India’s broad-based growth across sectors and company sizes while avoiding concentration risk.
He added that anchoring the fund to the Nifty 500 Index provides diversified exposure within a disciplined investment framework.
The Multicap Opportunities Fund will be available across several of Tata AIA’s ULIP offerings, including the Param Raksha Life series, Smart SIP, Fortune Pro, Wealth Pro and other eligible plans. The Multicap Opportunities Pension Fund will be offered under Tata AIA Smart Pension Secure and Tata AIA Premier Pension Secure.
Tata AIA Life Insurance is a joint venture between Tata Sons and AIA Group. The company reported total assets under management of ₹1.42 lakh crore as of November 30, 2025.
