ICICI Prudential Life adds momentum-value index fund to ULIP range
ICICI Prudential Life adds a new fund option within existing ULIPs, tracking a customised BSE 500 momentum-value index of 50 stocks, rebalanced quarterly.
ICICI Prudential Life Insurance has added a BSE 500 Momentum Value 50 Index Fund to selected unit-linked plans, tracking a customised index of 50 stocks drawn from the BSE 500 on value and momentum factors, rebalanced quarterly. The fund is available through ULIPs including ICICI Pru Signature Online, Signature Assure, SmartKid Assure and Smart Insurance Plan Plus. The insurer reported assets under management of INR 3.34 lakh crore at 30 June 2026. Factor-based index strategies carry different risk characteristics from broad-market indices; ULIP charges apply separately.
