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Bharti AXA Life has launched a ULIP - Emerging Equity Fund that will invest in mid cap stocks.
In a press release, Parag Raja, MD & CEO of Bharti AXA Life Insurance said, “This ULIP marks our first offering in more than 13 years since our last fund launch in 2010. By participating in our NFO, investors can access the investment market with a modest initial capital during the subscription period and potentially reap substantial long-term capital growth.”
Rahul Bhuskute, the Chief Investment Officer at Bharti AXA Life Insurance said, “We firmly believe that mid-caps represent the future's emerging blue-chip companies. This category of stocks possesses the potential to yield robust long-term wealth, outperforming returns from large-cap counterparts.”