New Delhi, July 2, 2025: Axis Max Life Insurance Limited
(“Axis Max Life”/ “Company”), formerly known as Max Life Insurance
Company Limited, has introduced the Axis Max Life Nifty 500
Multifactor 50 Index Pension Fund, a passively managed equity pension fund
designed to help policyholders build a robust retirement corpus through a
diversified, factor-based investing approach.
The fund mirrors the Nifty 500 Multifactor MQVLv 50 Index and combines
four key investment factors-momentum, quality, value, and low
volatility, to offer a powerful blend of growth and downside protection. It
provides long-term investors with a well-diversified equity portfolio selected
from the Nifty 500 universe, helping mitigate concentration and sectoral risks.
With an emphasis on transparency and consistency, the fund will be available to
policyholders with Axis Max Life Forever Young Pension Plan.
Key Highlights of the Axis Max Life Nifty 500 Multifactor 50 Index
Pension Fund:
- Benchmark:
Nifty 500 Multifactor MQVLv 50 Index
- Stock Universe:
Top 50 stocks from the Nifty 500 based on composite factor scores
- Risk Profile:
Very High
- Asset Allocation:
80–100% Equity; 0–20% Cash/Money Market Instruments
- NFO Period:
July 1–16, 2025 at ₹10 per unit
- Available with:
Axis Max Life Forever Young Pension Plan
Factor-Based Equity for Smarter Retirement Investing
Traditional equity investing often relies on single-factor strategies
or discretionary stock selection, both of which can expose investors to undue
volatility or fund manager bias. The Axis Max Life Nifty 500 Multifactor 50
Index Pension Fund addresses this by offering a rule-based, multi-factor
strategy that selects 50 stocks with the highest combined scores on momentum,
quality, value, and low volatility. This approach is designed to capture upside
potential in bull markets while offering better risk-adjusted returns and
downside protection during drawdowns—critical for investors planning for
retirement.
Defined Investment Objective and Robust Asset Allocation
The fund’s objective is to generate long-term capital growth by
investing in a basket of equities that mirror the Nifty 500 Multifactor MQVLv
50 Index, which comprises top-performing companies from the Nifty 500 based on
composite factor scoring. The asset allocation is structured to invest 80–100%
in equities and 0-20% in cash and money market instruments, with no debt
exposure. The passive strategy enables close replication of index performance
while limiting costs and minimizing active decision risks. With a Very-High
risk profile, the fund is suitable for investors with a long-term investment
horizon and higher risk appetite.
About Axis Max Life Insurance Limited (https://www.axismaxlife.com)
Axis Max Life Insurance Limited, formerly known as Max Life Insurance
Company Ltd., is a Joint Venture between Max Financial Services Limited
(“MFSL”) and Axis Bank Limited. Axis Max Life Insurance offers comprehensive
protection and long-term savings life insurance solutions through its
multi-channel distribution, including agency and third-party distribution
partners. It has built its operations over two decades through a need-based
sales process, a customer-centric approach to engagement and service delivery
and trained human capital. As per annual audited financials for FY2024-25, Axis
Max Life has achieved a gross written premium of INR 33,223 Cr.