ICICI Life Insurance has expanded its investment offerings with the launch of the ICICI Life BSE 500 Momentum Quality 50 Index Fund, an equity investment option available under most of its unit-linked insurance plans (ULIPs), targeting investors seeking long-term wealth creation through quality-focused and momentum-driven stock selection.
The fund will track 50 companies from the BSE 500 universe, selected on the basis of financial strength and share-price performance. Its investment framework combines two factors, momentum and quality, assessing companies through parameters such as Return on Equity, Debt to Equity and Earnings per Share, alongside stock-price growth over the previous 12 months. The portfolio will be rebalanced quarterly to respond to 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, potentially converting an investment of Rs 1 lakh into Rs 4.4 lakh. Past performance, however, does not guarantee future returns.
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 most ULIPs, including ICICI Life Protect N Gain, Signature Assure, Signature, Platinum and Wealth Elite Pro, along with life cover, through www.icicilife.com.
