ICICI Life Insurance has launched the ICICI Life BSE 500 Momentum Quality 50 Index Fund, a new equity investment option available under most of its unit-linked insurance plans (ULIPs), offering investors exposure to 50 companies selected from the BSE 500 universe based on financial strength and share-price momentum.
The fund aims to generate superior long-term returns by tracking companies that demonstrate strong financial health and consistent share-price growth. Stock selection is based on two key factors, momentum and quality, with financial parameters including Return on Equity, Debt to Equity and Earnings per Share. The portfolio will be rebalanced quarterly to reflect changing business fundamentals and market opportunities.
Commenting on the launch, Manish Kumar, Chief Investment Officer, ICICI Life Insurance, said, “ICICI Life BSE 500 Momentum Quality 50 Index Fund offers investors an effective way to build long-term wealth by tracking companies with high-quality businesses, strong earnings visibility and steady share-price momentum.”
As of September 30, 2026, the underlying BSE 500 Momentum Quality 50 Index had delivered returns of up to 23.7% over seven years, turning an investment of Rs 1 lakh into approximately Rs 4.4 lakh.
The company reported a claim settlement ratio of 99.3% in H1-FY2027, with an average turnaround time of 1.1 days for non-investigated claims. The fund will be available with plans including ICICI Life Protect N Gain, Signature Assure, Signature, Platinum and Wealth Elite Pro, along with life cover, through the company’s website.
