7th January 2025, Star Union Dai-ichi Life Insurance Co. Ltd. (SUD Life) proudly announces the launch of the SUD Life MidCap Momentum Index Fund this new year, presenting policyholders with an exciting opportunity to harness the growth potential of India’s vibrant mid-cap market.
For those unfamiliar, midcap companies are those that have a proven business model, are primed for high growth, and which are under-owned by equity markets. While mid- cap indices may exhibit higher volatility, they often deliver superior returns over the long term compared to large-cap indices, making them a compelling choice for growth- oriented investors. Momentum investing, on the other hand, carries less risk. SUD Life Midcap Momentum Index Fund, with its 6-monthly rebalancing, highlights the best- performing stocks while systematically removing weaker ones. This rebalancing methodology not only focuses on strong returns but also rewards stocks exhibiting lower volatility.
This fund tracks the Nifty MidCap 150 Momentum 50 Index, which combines two powerful investment strategies: mid-cap growth potential and momentum, identifying the top- performing mid-cap stocks based on their price momentum over a defined period, ensuring a focused portfolio of companies demonstrating consistent performance and growth trends. The fund curates a low-cost, diversified portfolio of midcap stocks, helping investors capture the growth cycle across various stocks in the midcap universe.
“The fund is well suited for investors with a moderate to high-risk appetite, aiming for long term capital appreciation and exposure to India’s thriving mid-cap market. It suits those looking to enhance their portfolio with a smart, momentum-driven strategy”, said Prashant Sharma, Chief Investment Officer of SUD Life.
With SUD Life’s Midcap Momentum Index Fund, investors can stay ahead of market trends and position their portfolios to reap the benefits of India’s growth story while maintaining their life insurance cover. Invest today and take a confident step toward achieving your financial goals.
This fund will be available under SUD Life Star Tulip, SUD Life Wealth Creator, SUD Life Wealth Builder, and SUD Life e-Wealth Royale at present.
