ICICI Prudential Life BSE 500 Momentum
Value 50 Index Fund launched to offer customers a value-plus-momentum
investment strategy
Chennai, August 19, 2026: The
Company has launched the ICICI Prudential Life BSE 500 Momentum Value 50 Index
Fund, a value-plus-momentum investment option that offers customers access to
long-term equity opportunities through select unit-linked insurance plans
(ULIPs).
Commenting on the launch, Mr. Manish
Kumar, Chief Investment Officer, ICICI Prudential Life Insurance, said, “The
BSE 500 Momentum Value 50 Index Fund has been designed to provide customers
with access to a disciplined and transparent investment strategy that brings
together two important investment factors, value and momentum. While attractive
valuations can provide valuation comfort, positive momentum can indicate
growing market confidence. Combining these factors enables the strategy to
identify companies that demonstrate strength on both parameters, helping
investors participate in emerging opportunities while maintaining a focus on
valuations.
The strategy follows a systematic
approach and is reviewed every quarter, allowing the portfolio to evolve with
changing market valuations and trends. We believe this approach can provide
customers with a differentiated way to participate in long-term equity growth
while maintaining investment discipline.”
The fund provides customers with
exposure to a diversified basket of 50 companies selected from the broad BSE
500 universe and will follow the ICICI Pru BSE 500 Momentum Value 50 Customized
Index. In case a stock cannot be selected due to regulatory guidelines, the
subsequent eligible stock(s) will be selected to maintain a cohort of 50
stocks. Its rules-based approach enables the portfolio to be refreshed
periodically as market valuations and trends evolve, providing customers with a
transparent and systematic investment framework.
Furthermore, the Company’s claim
settlement ratio of 99.3% in Q1-FY2027, with an average turnaround time of just
1 day for non-investigated individual claims reflects its commitment to
fulfilling the promise made to its customers and their families. At June 30,
2026, the Company had an Asset Under Management of Rs. 3.34 lakh crore and has
zero Non-Performing Assets (NPA) since inception, indicating a high quality of
the asset book.
The ICICI Prudential Life BSE 500
Momentum Value 50 Index Fund will be available through ICICI Prudential Life’s
ULIP offerings such as ICICI Pru SmartKid Assure, ICICI Pru Signature Assure,
ICICI Pru Signature Online and ICICI Pru Smart Insurance Plan Plus along with
Life Cover, available on www.iciciprulife.com.
