The Business Bytes
TBB BUREAU
MUMBAI, MAR 30, 2023
Tata AIA’s Sustainability Equity Fund seeks to generate capital appreciation in the long term by investing in companies that adopt sustainable or Environmental, Social and Governance (ESG) friendly practices. The fund will invest 80-100 per cent in equity and equity-related instruments following ESG criteria and up to 20 per cent in other equities or debt or money market instruments.
Tata AIA’s Dynamic Advantage Fund aims to generate superior and steady returns, despite factors like market volatility. The fund will dynamically allocate the investment corpus between Equity and Debt depending upon market conditions.
Investments in the two NFOs can be made through Tata AIA’s ULIP offerings like Fortune Pro, Wealth Pro, Fortune Maxima and Wealth Maxima.
Consumers can also avail this opportunity by purchasing Tata AIA’s unique investment-linked protection solutions, Param Rakshak and Sampoorna Raksha Supreme.
