ICICI Life Launches BSE 500 Momentum Quality 50 Index Fund for ULIP Customers

ICICI Life Insurance has introduced the ICICI Life BSE 500 Momentum Quality 50 Index Fund, expanding its equity offerings across unit-linked insurance plans (ULIPs). The fund tracks a diversified portfolio of 50 companies selected from the broader BSE 500 universe, combining both Quality and Momentum factors. Stock selection relies on key financial health metrics including Return on Equity (RoE), Debt-to-Equity ratios, and Earnings Per Share (EPS) alongside sustained 12-month share price momentum. To maintain alignment with evolving market conditions and business fundamentals, the fund portfolio undergoes quarterly rebalancing.

Long-Term Performance Track Record and Plan Integration:
As of September 30, 2026, the underlying BSE 500 Momentum Quality 50 index delivered 7-year annualized returns of up to 23.7%, growing an initial capital of ₹1 lakh into ₹4.4 lakh over the period. The index fund is available across key ICICI Life ULIP offerings including ICICI Life Protect N Gain, ICICI Life Signature Assure, ICICI Life Signature, ICICI Life Platinum, and ICICI Life Wealth Elite Pro. Alongside wealth creation features, ICICI Life reported a claim settlement ratio of 99.3% in H1-FY2027, maintaining an average turnaround time of 1.1 days for non-investigated claims.

Leadership Perspectives:
Manish Kumar, Chief Investment Officer at ICICI Life Insurance, highlighted that the index fund provides investors an effective mechanism for long-term wealth creation by tracking companies with high-quality businesses, strong earnings visibility, and upward share price momentum. He emphasized that the fund offers exposure to financially sound companies evaluated through robust financial ratios while capturing trailing 12-month growth. He added that the launch aligns with the company’s objective of enabling customers to leverage long-term compounding and navigate market volatility through a structured framework aimed at securing family financial futures.