Bangalore, 10th July 2026: Ageas Federal Life Insurance today announced the launch of the IndiGenius Fund, a one-of-its-kind thematic investment solution available through its Unit Linked Insurance Plans (ULIPs). The fund invests in businesses aligned with three long-term structural themes – India Growth story, Indigenisation, and Ingenuity – through a diversified investment portfolio. Benchmarked to the BSE 500 Index, one of India’s broadest market indices, the IndiGenius Fund follows a diversified multi-cap investment approach, providing exposure across largecap, midcap and smallcap companies. The BSE 500 Index has been chosen as the benchmark because it represents a broad cross-section of India’s listed companies across sectors and market capitalisations, making it well aligned with the fund’s investment strategy. This enables the fund to identify opportunities across businesses aligned with its investment themes while benefiting from the breadth and diversity of India’s evolving corporate landscape.
The IndiGenius Fund is an open-ended equity fund that follows a predominantly equity-oriented investment strategy. It will allocate 80%–100% of its portfolio to equity and equity-linked instruments while the balance will be invested in cash and money market instruments to ensure adequate liquidity. The portfolio will be actively managed in line with the fund’s investment objectives and applicable regulatory guidelines.
Commenting on the launch, Mr. Jude Gomes, Managing Director & CEO said, “ India’s next phase of growth will be shaped by businesses driving infrastructure development, manufacturing excellence, self-reliance and innovation. As these structural trends gather momentum, we believe customers should have access to investment solutions that enable them to participate in India’s evolving growth story. The IndiGenius Fund brings together these themes within a single diversified ULIP fund, providing customers with a convenient way to invest in businesses aligned with these long-term structural trends. At Ageas Federal Life Insurance, we are committed to delivering on the promises we make to our customers by offering solutions that are relevant to their evolving financial needs. The IndiGenius fund reflects our commitment to delivering innovative solutions that help customers achieve their long-term financial aspirations with the assurance of life insurance protection.”
The New Fund Offer (NFO) opens on 10 July 2026 at a Net Asset Value (NAV) of ₹10 per unit. This thematic equity fund will be available through select Ageas Federal Life Insurance ULIP products, including AFLI Wealth Gain Insurance Plan, AFLI Platinum Wealth Builder Plan, AFLI ProGrow Plan and AFLI Smart Growth Plan, enabling customers to access a differentiated thematic investment strategy while benefiting from the life insurance protection offered by a ULIP.
About Ageas Federal Life Insurance
Ageas Federal Life Insurance, one of India’s leading private life insurers, offers a diverse range of wealth management, protection, and retirement solutions to individual and corporate customers. Ageas Federal Life Insurance Co. Ltd. is a joint venture of Ageas, a multinational insurance group headquartered in Europe, and Federal Bank, one of India’s leading private sector banks.
Having commenced operations in 2008, Ageas Federal achieved breakeven within five years. Through a nationwide network of 3,770+ branches including partner bank branches and a sizeable advisor network, the Company has established a strong pan-India presence. As of March 31, 2025, the Company has issued over 19.71 lakh policies with a sum assured of over ₹27,558 crore, total assets under management of over ₹18,956 crore, and a robust capital base of over ₹800 crore.
