Tata AIA Life Insurance has introduced two new market-linked investment options, the Tata AIA Multicap Opportunities Fund and the Tata AIA Multicap Opportunities Pension Fund, which can be accessed through unit-linked insurance plans (ULIPs). These funds employ a multicap equity strategy, tracking the Nifty 500 Index, which represents over 90% of India’s free-float market capitalization. The primary goal is to provide investors with diversified exposure across large-, mid-, and small-cap companies as part of a long-term investment approach.
Both funds will be available for subscription from December 24 to December 31 at an initial unit price of ₹10 during the new fund offer (NFO) period. The Multicap Opportunities Fund will allocate between 60% and 100% of its assets to equities, with up to 40% allocated to debt and money market instruments to manage risk across various market conditions. The pension variant will follow a similar investment framework, tailored for long-term retirement planning.
According to Harshad Patil, Chief Investment Officer at Tata AIA Life Insurance, the multicap strategy is designed to allow investors to participate in India’s broad-based growth across sectors and company sizes while avoiding concentration risk. The fund’s anchoring to the Nifty 500 Index provides diversified exposure within a disciplined investment framework.
The Multicap Opportunities Fund will be available across several of Tata AIA’s ULIP offerings, including the Param Raksha Life series, Smart SIP, Fortune Pro, Wealth Pro, and other eligible plans. The Multicap Opportunities Pension Fund will be offered under Tata AIA Smart Pension Secure and Tata AIA Premier Pension Secure.
Tata AIA Life Insurance, a joint venture between Tata Sons and AIA Group, reported total assets under management of ₹1.42 lakh crore as of November 30, 2025. The introduction of these new funds expands the company’s market-linked investment options, providing investors with more choices for their long-term investment and retirement planning needs. With the launch of these funds, Tata AIA Life Insurance aims to provide investors with a diversified and disciplined investment approach, allowing them to participate in India’s growth story while managing risk.