India, March 3 -- ICICI Prudential Life Insurance has rolled out the Dividend Leaders 50 Index Fund under its Unit Linked Insurance Plans (ULIPs), targeting long-term wealth creation through investments in fundamentally strong companies with consistent dividend histories.

The rule-based fund tracks the BSE 500 Dividend Leaders 50 Index, featuring 50 stocks from the BSE 500 universe that have paid dividends reliably for 10 years. It emphasises diversification across sectors for stability, with annual rebalancing and periodic reviews. Disciplined strategy on four pillars

Chief Investment Officer Manish Kumar said: "This fund offers a transparent way to invest in sound companies with steady dividends, backed by quality checks on financials...