New
Delhi, January 17, 2026 : Axis Max Life Insurance Limited, formerly known as Max
Life Insurance Company Limited (“Axis Max Life”/ “Company”), has
launched the Axis Max Life BSE 500 Value 50 Index Pension Fund <SFIN:
ULIF04408/01/26BSEVALIPEN104>, a passively managed equity-oriented fund.
Available through the Axis Max Life Forever Young Pension Plan (A
Unit-Linked Non-Participating Individual Pension Plan) (UIN: 104L075V08), the Fund is
aimed at value-conscious customers looking to build a robust retirement corpus
by tapping into the BSE 500 universe. The Index Fund will be available at a Net
Asset Value (NAV) of Rs. 10 per unit during the New Fund Offer (NFO) period
from January 16, 2026, to February 3, 2026.
Sachin
Bajaj, Executive Vice President and Chief Investments Officer, Axis Max Life,
said, “With the launch of the BSE 500 Value 50 Index Pension Fund, we are
empowering customers to move beyond traditional savings toward stocks with
attractive valuations. By blending value theme with structured retirement
planning, this fund offers to help customers weather through market cycles and
build a dependable retirement corpus.”
This Index Pension Fund mirrors the BSE 500 Enhanced Value 50 Index,
which filters stocks through strict liquidity mandates, requiring a top-450
ranking by annualized trade value and a 20% average daily turnover ratio. The
strategy then selects 50 stocks with the highest 'value scores' based on three
fundamental metrics: Book-to-Price, Earnings-to-Price, and Sales-to-Price
ratios. Reconstituted quarterly to align with market dynamics, this strategy
maintains a minimum 80% equity exposure. This ensures a transparent,
disciplined approach to capturing value-led growth and long-term capital
appreciation.
The Index Fund is well-balanced across India’s strongest industries,
led by major investments in the Financial and Energy sectors, alongside
allocations to Commodities and Consumer Discretionary. This inherent
diversification acts as a strategic hedge against concentration risk; by
spreading investments across different industries, the fund is protected from a
downturn in any single area, thus providing a more stable path toward one’s
retirement goals.
As India’s retirement landscape evolves, this Index Fund stands as a
pivotal solution for individuals seeking to diversify their portfolios with
high-growth, market-linked instruments. By combining the historical
outperformance of the value factor with the structural security of a life
insurance-backed pension plan, Axis Max Life, reaffirms its commitment to
provide financial tools that help the customers achieve a financially
independent retirement.
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 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.
IRDAI
Registration. No – 104
Company
Information Number - U74899PB2000PLC045626