ICICI Life Launches BSE Momentum Quality 50 Index Fund

ICICI Life Insurance Limited announced the launch of the ICICI Life BSE 500 Momentum Quality 50 Index Fund, an equity‑linked investment option that will be made available across most of its unit‑linked insurance plans (ULIPs). The fund will invest in 50 companies selected from the BSE 500 universe based on a dual‑factor methodology that combines momentum (share‑price appreciation over the past 12 months) and quality (strong financial health measured by Return on Equity, Debt‑to‑Equity ratio and Earnings per Share).

The fund’s objective is to generate superior long‑term returns. Historical performance of the underlying index shows a 7‑year cumulative return of up to 23.7%, meaning an investment of ₹1 lakh made seven years ago would have grown to approximately ₹4.4 lakhs. The portfolio is rebalanced quarterly to reflect changes in business fundamentals and emerging market opportunities.

Investors can access the fund through a wide range of ICICI Life ULIP products, including ICICI Life Protect N Gain, ICICI Life Signature Assure, ICICI Life Signature, ICICI Life Platinum, and ICICI Life Wealth Elite Pro, as well as through life‑cover policies listed on the company’s website (www.icicilife.com).

Company Highlights

  • ICICI Life Insurance commenced operations in FY2001 and is among India’s leading life insurers, consistently ranking high in both sum‑assured market share and new‑business premium market share.
  • As of 31 March 2026, the insurer protected 73.73 million lives (in‑force) across individual and corporate segments.
  • Cumulative claim settlements amount to ₹279 billion in death claims and ₹3.72 trillion in overall benefits as of the same date.
  • In FY2026 alone, the company settled ₹51.49 billion in death claims and disbursed ₹153.63 billion in maturity and survival benefits.
  • The insurer boasts a claim settlement ratio of 99.3% with an average turnaround time of 1 day for standard claims, and 1.1 days for non‑investigated claims in H1‑FY2027.
  • ICICI Life is the first Indian insurance company listed on both the NSE and BSE, and it continues to invest heavily in data analytics and digitisation to enhance efficiency and customer experience.

Forward‑Looking Statements Disclaimer

The release contains forward‑looking statements that involve risks and uncertainties, including but not limited to demand for insurance products, execution of strategic initiatives, technology adoption, merger and acquisition activities, regulatory changes, and the impact of new accounting standards. The company does not undertake any obligation to update these statements after the date of release. This press release does not constitute an offer of securities.