Bandhan Life Insurance Launches iInvest Ultima and a new Mid Cap fund
Bandhan Life Insurance, the life insurance arm of Bandhan Group, has announced a new Unit Linked Insurance Plan (ULIP) – iInvest Ultima – along with a promising Mid Cap new fund launch (NFL). The new fund opens at ?10 NAV and is available until February 18, 2026.
iInvest Ultima is designed to help customers grow their wealth while protecting their loved ones. In addition to the new fund launch, iInvest Ultima gives customers access to Bandhan Life’s other top-performing 5-star and 4-star rated funds* that have outperformed industry benchmarks. It comes with added benefits like an Accidental Death Benefit Rider, loyalty rewards, and a return of 100% mortality charges from the 15th policy year. The plan is best suited for customers aged 30–50, comfortable with market risk and an annual investment of Rs 2 lakh or more annually.
Women customers get an exclusive 0.5% additional Premium Allocation from Day 1 for the first 5 Policy Years, thus getting higher investment benefit without any additional premium.
“iInvest Ultima offers long-term value by combining protection with access to high-performing funds, including our exclusive Mid Cap Fund. Mid-cap companies offer the perfect mix of growth and scale, making this an ideal time to invest in them,” said Satishwar B., MD & CEO, Bandhan Life Insurance.
The Bandhan Life Mid Cap Fund, benchmarked against the Nifty Midcap 150 Index, gives investors access to India’s most promising mid-sized businesses across high-growth sectors like financial services, industrials, healthcare, and capital goods.
“Our Mid Cap Fund focuses on quality companies with strong balance sheets, solid leadership, and scalable business models with reasonable Return on Equity.” said Saibal Ghosh, Chief Investment Officer, Bandhan Life Insurance.
This NFL comes at a time when midcaps are financially stronger than ever — with better profitability, lower debt, and exposure to sectors driving India’s growth story.
The Mid Cap NFL is available with the following ULIPs:
iInvest Ultima (via Bandhan Bank branches)
iInvest Advantage (available on the Bandhan Life website)
iInvest II (via Bandhan Bank branches)
*Rated by Morningstar
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