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Pramerica Life Insurance Unveils 'Rising Bharat Fund' Linked to Nifty Midcap 150
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Pramerica Life Launches 'Rising Bharat Fund' for Midcap Exposure
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CNBC TV18
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06-03-2026, 15:39
Pramerica Life Launches 'Rising Bharat Fund' for Midcap Exposure
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Pramerica Life Insurance introduces 'Rising Bharat Fund', an equity-oriented ULIP linked to the Nifty Midcap 150 Index.
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The fund aims for long-term capital appreciation by investing in a diversified portfolio of top 150 midcap stocks.
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New Fund Offer (NFO) is open from March 5 to March 20, providing policyholders access to India's growing midcap segment.
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Strategy combines quality and momentum factors, acknowledging potential higher volatility compared to large-cap stocks.
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MD & CEO Pankaj Gupta highlights the fund's role in enabling participation in India's economic expansion.
Read Full Article on Cnbc in English
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