Axis Max Life launches BSE 500 Dividend Leaders 50 Index Fund to drive long-term, dividend-led wealth creation
New Delhi, November 11, 2025 : Axis Max Life Insurance Limited, formerly known as Max Life Insurance Company Limited (“Axis Max Life”/“Company”), has launched the Axis Max Life BSE 500 Dividend Leaders 50 Index Fund (Fund SFIN: ULIF03907/11/25BSEDIVLEAD104), a passively managed equity fund designed to track the performance of India’s leading high-dividend-yield companies. The fund will track the BSE 500 Dividend Leaders 50 Index, offering customers access to a diversified...
New Delhi, November 11, 2025 : Axis Max Life Insurance Limited, formerly known as Max Life Insurance Company Limited (“Axis Max Life”/“Company”), has launched the Axis Max Life BSE 500 Dividend Leaders 50 Index Fund (Fund SFIN: ULIF03907/11/25BSEDIVLEAD104), a passively managed equity fund designed to track the performance of India’s leading high-dividend-yield companies. The fund will track the BSE 500 Dividend Leaders 50 Index, offering customers access to a diversified portfolio of 50 companies with robust dividend-paying track records across sectors such as energy, technology, commodities, and financial services.
The new index fund is available through Axis Max Life’s ULIP offerings – Axis Max Life Flexi Wealth Advantage Plan (UIN: 104L121V04), Axis Max Life Smart Term with Additional Returns ULIP (UIN: 104L128V01), and Axis Max Life Online Savings Plan (UIN: 104L098V06), at a Net Asset Value (NAV) of ₹10 per unit during the New Fund Offer (NFO) period from November 10 to November 20, 2025.
The Axis Max Life BSE 500 Dividend Leaders 50 Index Fund identifies companies that have demonstrated consistent dividend distributions and maintained strong cash flow visibility over the last decade. By passively mirroring the index composition, the fund ensures transparency, providing policyholders a disciplined way to participate in India’s dividend-rich equity universe.