Tata AIA Life launched three ULIP funds – Large Mid‑Cap Innovation, Innovation Pension, and Global AI – with NFO 24‑31 Mar 2026 at ₹10/$10 NAV.
India‑focused funds allocate 60‑100% equity (NSE 500) and up to 40% debt; the global AI fund tracks AI/semiconductor leaders with 70‑100% equity.
Nitin Bansal heads the innovation funds, Rajeev Tewari the AI fund; both sold via Tata AIA ULIP/pension plans with five‑year lock‑in.
Tata AIA’s AUM rose 23% YoY to ₹145,795 cr as of 28 Feb 2026, reflecting strong new‑business premium inflows supporting the new fund rollout.