Axis Max Life Launches Diversified Equity II

Axis Max Life introduced the Diversified Equity Fund II NFO, open until April 27, 2026, targeting long‑term capital appreciation.
The fund mandates at least 80% equity exposure, benchmarked to NSE Nifty 200, with 20% allocated to debt and money‑market instruments.
Sector allocation emphasizes Financial Services (24.6%), Infrastructure (11.2%) and Pharmaceuticals (6.6%); ESG scores are integrated for sustainable growth.
Axis Max Life, a JV of Max Financial Services and Axis Bank, reported FY2024‑25 gross written premium of INR 33,223 crore.