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2025-01-16 05:16:15 pm | Source: PR Agency
Future Generali India Life Insurance Launches Multicap Equity Fund NFO

Future Generali India Life Insurance has introduced Future Multicap Equity Fund, a New Fund Offer (NFO) that aims to promote long-term capital appreciation. The fund aims to provide investors with a dynamic investment channel that invests across Large Cap, Mid Cap, and Small Cap equity segments, to optimize the risk and return profile for our diverse set of investors.

The Multicap Equity Fund is designed to benefit the investors from the flexibility it provides in fund management by way of investment across market cap spectrum. The fund intends to benefit from the wide and diverse investible opportunities that Mid & small cap segment has to offer while also having reasonable exposure to Large Cap for managing risk & volatility. The end objective of the fund is to provide long term capital appreciation through generation of steady returns with modest risk.

The fund's suggested asset allocation is 60% to 100% equity and 0% to 40% cash & money market instruments. The fund will be benchmarked against the Nifty 500 to represent its broad-based equities exposure, with a Fund Management Charge (FMC) of 1.35%. The New Fund Offer is available till 31st January 2025.

Mr. Alok Rungta, MD & CEO of Future Generali India Life Insurance, stated, "As investment preferences shift towards more dynamic strategies, we are proud to present the launch of the Multicap Equity Fund. We aim to cater to our customers' diverse investment needs while providing them with the potential for long-term growth. This fund illustrates our commitment to offering value and ensuring portfolio diversity in a dynamic financial landscape; we continue to deliver new and robust solutions that match with our customers' developing financial aspirations."

Mr. Niraj Kumar, Chief Investment Officer, Future Generali India Life Insurance, added, "The Multicap Equity Fund is structured to provide flexibility and resilience in different market scenarios by investing in Large, mid, and small-cap segments of equity markets. This technique offers a balanced risk-reward strategy by investing across market cap spectrum to meet our investors' growth objectives."

 

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