New Delhi, April 16 -- Bajaj Life Insurance on Thursday announced the launch of its new fund offer (NFO) - Bajaj Life Nifty 500 Low Volatility 50 Index Fund. The fund is aimed at serving unit-linked insurance plan (ULIP) customers seeking stable, predictable, and long-term capital appreciation. The NFO, set to open on 16 April, will remain open for subscription until 30 April 2026.

The primary objective of this fund is to combine a well-thought-out equity investment strategy with life insurance coverage. It will offer its subscribers and policyholders an opportunity to benefit from market-linked returns while navigating the associated market volatility.

The fund will track the Nifty 500 Low Volatility 50 Index. This index comprises 50 s...