Pramerica Life Insurance expands ULIP fund as India midcap sector gains focus

Product applies Quality and Momentum screening inside a diversified equity portfolio.

Pramerica Life Insurance has expanded its ULIP offerings with the launch of the Pramerica Rising Bharat Fund, a new investment option focused on the growth potential of India’s midcap sector.

The fund is designed to achieve long-term capital appreciation by investing in a diversified portfolio of companies selected from the top 150 midcap stocks.

The fund employs a structured investment framework that combines Quality and Momentum factors. 

Pankaj Gupta, Managing Director & CEO of Pramerica Life Insurance, stated that the fund is intended to give policyholders a disciplined way to participate in India’s economic formalisation.