{"id":19043,"date":"2024-12-01T16:17:49","date_gmt":"2024-12-01T10:47:49","guid":{"rendered":"https:\/\/timesofpowerandvoice.com\/?p=19043"},"modified":"2024-12-01T16:17:51","modified_gmt":"2024-12-01T10:47:51","slug":"sud-life-launches-viksit-bharat-and-new-india-leaders-funds-to-play-the-india-growth-story-and-create-wealth-for-policyholders","status":"publish","type":"post","link":"https:\/\/timesofpowerandvoice.com\/?p=19043","title":{"rendered":"SUD Life Launches Viksit Bharat and New India Leaders Funds to Play the India Growth Story and Create Wealth for Policyholders"},"content":{"rendered":"\n<p class=\"has-text-align-center wp-block-paragraph\"><strong>IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIOS IS BORNE BY THE POLICYHOLDER.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Pune:<\/strong>\u00a0Star Union Dai-ichi Life Insurance Co. Ltd. (SUD Life) has launched two new funds \u2013 the\u00a0<strong>Viksit Bharat Fund<\/strong>\u00a0and\u00a0<strong>the New India Leaders Fund<\/strong>, as part of its Unit Linked Insurance Plan (ULIP) offerings.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The&nbsp;<strong>Viksit Bharat Fund<\/strong>&nbsp;will invest in businesses that are focused on the transformation of the India of today into the Viksit Bharat of tomorrow. The&nbsp;<strong>multi-cap, sector-agnostic portfolio<\/strong>&nbsp;of&nbsp;<strong>Viksit Bharat Fund<\/strong>&nbsp;will have exposure to&nbsp;<strong>emerging<\/strong>&nbsp;as well as&nbsp;<strong>established<\/strong>&nbsp;companies that are&nbsp;<strong>driving long-term development<\/strong>&nbsp;and&nbsp;<strong>value creation<\/strong>&nbsp;in the ecosystem. The fund is&nbsp;<strong>ideal for those with a long-term horizon<\/strong>&nbsp;and a&nbsp;<strong>belief in the overall India growth story<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On the other hand, the&nbsp;<strong>New India Leaders Fund<\/strong>&nbsp;will invest in&nbsp;<strong>new and emerging business<\/strong>&nbsp;out of India, focused on&nbsp;<strong>technology-led innovation<\/strong>&nbsp;and&nbsp;<strong>disruption<\/strong>, for both India and the world. Some of the prominent themes of this fund would be&nbsp;<strong>energy transition<\/strong>,&nbsp;<strong>digitalization, cloud and AI<\/strong>-led businesses,&nbsp;<strong>health and wellness<\/strong>&nbsp;as well as&nbsp;<strong>technology-led products and services<\/strong>, amongst other emerging themes. This fund is tailored for the investor with a&nbsp;<strong>long-term horizon<\/strong>&nbsp;and some appetite for&nbsp;<strong>growth businesses<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Currently, these are available under the products&nbsp;<strong>SUD Life<\/strong>&nbsp;<strong>Star<\/strong>&nbsp;<strong>Tulip<\/strong>,<strong>&nbsp;SUD Life<\/strong>&nbsp;<strong>Wealth Creator, SUD Life<\/strong><strong>Wealth Builder and SUD Life<\/strong>&nbsp;<strong>e-Wealth Royale<\/strong>. The company plans to offer these funds across all its ULIP plans moving forward.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Prashant Sharma, Chief Investment Officer of SUD Life, said, \u201cWe are incredibly excited to offer two pioneering funds for our policyholders \u2013 the Viksit Bharat Fund and the New India Leaders Fund. While both offer an opportunity to create wealth from the transformative development underway in the country today, it is important to understand the difference between the two. The&nbsp;<strong>Viksit Bharat Fund<\/strong>&nbsp;will take a sector-agnostic, multi-cap approach to portfolio creation, aiming to capitalize on all businesses that are driving transformative change. On the other hand, the&nbsp;<strong>New India Leaders Fund<\/strong>&nbsp;is a fund focused on&nbsp;<strong>capturing the generational value creation<\/strong>&nbsp;from the technology and IP-led innovation and disruption underway in the country today. We believe both these funds offer&nbsp;<strong>tremendous opportunity<\/strong>&nbsp;for our policyholders to participate in India\u2019s transformation, while also&nbsp;<strong>creating wealth for themselves<\/strong>.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIOS IS BORNE BY THE POLICYHOLDER. Pune:\u00a0Star Union Dai-ichi Life Insurance Co. Ltd. (SUD Life) has launched two new funds \u2013 the\u00a0Viksit Bharat Fund\u00a0and\u00a0the New India Leaders Fund, as part of its Unit Linked Insurance Plan (ULIP) offerings. The&nbsp;Viksit Bharat Fund&nbsp;will invest in businesses that are focused [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[138,44,38],"tags":[],"class_list":["post-19043","post","type-post","status-publish","format-standard","hentry","category-india","category-pune","category-technology"],"_links":{"self":[{"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=\/wp\/v2\/posts\/19043","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19043"}],"version-history":[{"count":1,"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=\/wp\/v2\/posts\/19043\/revisions"}],"predecessor-version":[{"id":19044,"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=\/wp\/v2\/posts\/19043\/revisions\/19044"}],"wp:attachment":[{"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}