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Tata AIA Momentum 50 Index Fund NFO Opens at ₹10

19 August 20251 min read
BANKING & FINANCETata AIAMomentum 50Index Fund NFOOpens at ₹1019 August 2025safalsetu.com

Why in the news

Tata AIA Life Insurance opened an equity-linked momentum fund with a one-week offer window.

Key facts

  • Portfolio: 50 stocks from the BSE 500 universe picked for strong recent performance.
  • Pairs equity growth potential with life insurance cover.

About momentum index funds

  • They hold stocks chosen on recent performance trend, aiming to catch those likely to keep outperforming on price and earnings trends.

Exam angle

  • Index: BSE 500 Momentum 50 Customised Index.

Test yourself

1. What was the NFO price per unit of the Tata AIA Momentum 50 Index Fund?

The NFO was priced at ₹10 per unit.

2. Which index does the Tata AIA Momentum 50 Index Fund track?

It tracks the BSE 500 Momentum 50 Customised Index.

3. Until which date did the Tata AIA Momentum 50 Index Fund NFO remain open?

The NFO stayed open until August 25, 2025.

This topic is part of Daily Current Affairs 19 August 2025 (13 topics).

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