Tata AIA Life Insurance has launched the Tata AIA Multifactor Index Fund, a ULIP-based offering designed to combine equity market participation with life insurance protection. Built on a low-volatility multifactor strategy, the fund aims to provide diversified exposure and steadier long-term wealth creation through a rules-based investment approach.

The fund selects 50 stocks from the Nifty 500 universe using four factors — low volatility, quality, value and momentum — and tracks a customised benchmark, the Nifty 500…

Tata AIA Life Insurance has launched the Tata AIA Multifactor Index Fund, a ULIP-based offering designed to combine equity market participation with life insurance protection.…