Bengaluru, November 05, 2026: ICICI Life Insurance has launched the ICICI Life BSE 500 Momentum Quality 50 Index Fund, a new equity investment option available with most of their unit-linked insurance plans (ULIPs). The fund offers investors an opportunity to invest in companies with strong financials and positive share price trends.
The index fund is designed to help investors generate superior long-term returns by investing in a diversified portfolio of 50 stocks from the BSE 500 that score well on a combination of two factors – Momentum and Quality.
Commenting on the launch, Mr. Manish Kumar, Chief Investment Officer, ICICI Life Insurance, said: “ICICI Life BSE 500 Momentum Quality 50 Index Fund offers investors an effective way to build long-term wealth by tracking companies with high-quality businesses, strong earnings visibility and steady share-price momentum. Importantly, investors will get exposure to a portfolio of companies with healthy financials which is determined based on metrics/ratios such as Return on Equity, Debt to Equity and Earnings per Share and whose stock price has seen a good growth over the past 12 months.
This index fund is in line with our Company’s focus of enabling customers to tap the compounding power of long-term investing while navigating market fluctuations. Thus, providing customers a structured framework that transforms steady growth into enduring financial security for their families.”
As of September 30, 2026, the BSE 500 Momentum Quality 50 index fund has generated returns of up to 23.7% over a 7-year period. This means the ₹1 lakh invested 7 years ago would have become ₹4.4 lakhs today. Besides, the fund’s portfolio is rebalanced quarterly and updated as business fundamentals and market opportunities evolve.
Notably, the Company’s claim settlement ratio of 99.3% in H1-FY2027, with an average turnaround time of 1.1 days for non-investigated claims reflects its commitment to being there for customers and families when it matters most.
The ICICI Life BSE 500 Momentum Quality 50 Index Fund will be available with most ULIPs offered by the company that includes ICICI Life Protect N Gain, ICICI Life Signature Assure, ICICI Life Signature, ICICI Life Platinum, ICICI Life Wealth Elite Pro, along with life cover, on www.icicilife.com.
About ICICI Life Insurance Limited:
ICICI Life Insurance Limited (Formerly ICICI Prudential Life Insurance Company Limited) commenced operations in FY2001 and has since established itself as one of India’s leading life insurers, consistently ranking high on both sum assured market share and new business premium market share. Over the years, it has earned the unwavering trust of millions of customers, becoming an integral part of India’s financial ecosystem.
Customer centricity has remained the foundation of its philosophy, with products, processes and distribution strategies all aligned to a single objective: delivering a strong and differentiated value proposition for customers. The Company offers a comprehensive suite of Protection, Savings & Retirement solutions designed to meet the evolving life stage needs. These offerings enable customers to safeguard their families’ financial security while also achieving long term financial goals.
As on March 31, 2026, the Company protects 73.73 million lives (in-force) across India covering both individual and corporate segments, making it one of the leading insurance companies in the country. Over the years, the Company has delivered on its promise of financial protection by settling ₹ 279 billion in death claims and paying ₹ 3.72 trillion in overall benefits as of March 31, 2026. In FY2026 alone, it settled ₹ 51.49 billion in death claims and disbursed ₹ 153.63 billion in maturity and survival benefits. Its claim settlement ratio of 99.3 percent and average turnaround time of 1 day underscore its commitment to swift, reliable service.
The Company is also the first among Indian Insurance industry to get listed on both the NSE and BSE. Its continued investments in data analytics and digitisation across the policy lifecycle have enabled superior efficiency, innovation and seamless experiences for customers and distributors alike.
