BALIC Launches Nifty 500 Multifactor 50 Index Fund: A Smarter ULIP for Growth + Tax Benefits
If you’ve been looking for a smarter, low-hassle way to invest and save on tax — this is the one to watch.Bajaj Allianz Life Insurance (BALIC) has just launched the Nifty 500 Multifactor 50 Index Fund, a brand-new ULIP (Unit Linked Insurance Plan) built for today's investors. And yes, it's available at Rs. 10 NAV# — but only if you invest between July 1 and July 14, 2025.This isn’t your usual ULIP plan. It combines market growth, smart index tracking, and built-in tax benefits — all with the ease of digital investing.Let’s walk through what makes this fund special, and how it could fit into your long-term goals.A new-age ULIP that’s built for performance — and peace of mindWhat sets this fund apart is the index it tracks — the Nifty 500 Multifactor MQVLv 50 Index. That’s a mouthful, but he...










