Fund Overview
Bandhan Life has introduced the Bandhan Life Multi Cap Fund, a new unit‑linked insurance plan (ULIP) with an initial net asset value (NAV) of ₹10 per unit. The fund is positioned to deliver long‑term capital appreciation by providing exposure across large‑cap, mid‑cap and small‑cap Indian equities.
Investment Strategy
The fund may allocate between 80 % and 100 % of its assets to equity and equity‑related instruments, while up to 20 % can be held in cash, cash equivalents, or money‑market instruments. This flexible allocation is intended to capture growth opportunities across the market‑cap spectrum while retaining a liquidity buffer.
Benchmark
Performance is measured against the Nifty 500 Index, a broad‑based index covering companies of varying market capitalisations and sectors. According to the Nifty 500 Index Whitepaper dated October 2025, the index generated positive returns in 17 of the preceding 20 calendar years, underscoring its historical resilience over longer horizons.
Distribution Channels
The Multi Cap Fund is offered through Bandhan Life’s ULIP products – specifically the Bandhan Life iInvest Ultima Plus, Bandhan Life iInvest II, and Bandhan Life iInvest Advantage. Investors can purchase these plans at the nearest Bandhan Bank branch or via the Bandhan Life website, thereby combining equity market participation with life‑insurance protection.
Launch Timeline
The new fund launch window closes on 21 September 2026. Prospective investors are encouraged to act before this date to secure exposure under the described investment framework.
Notes to Editor: The benchmark performance reference is sourced from the NSE Indices Nifty 500 Index Whitepaper, October 2025 (https://www.niftyindices.com/docs/default-source/indices/nifty-500/nifty-500-whitepaper_2025.pdf). The press release is provided under an arrangement with NRDPL; PTI assumes no editorial responsibility.