India, Aug. 25 -- Bajaj Life Insurance, a private life insurers, has announced the launch of its New Fund Offer (NFO), Bajaj Life BSE 500 Momentum Value 50 Index Fund.

Available under Bajaj Life's unit-linked insurance plans, the fund enables policyholders to pursue capital appreciation while benefiting from the dual advantage of life cover and a disciplined, rules-based investment approach.

The fund's investment strategy is built on two well-established, rules-based factors:

Value: Assessed using a company's Book Value-to-Price, Earnings-to-Price and Sales-to-Price ratios

Momentum: Based on a stock's 12-month price change, excluding the most recent month

To ensure the portfolio remains aligned with evolving momentum and valuation tr...