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Tata AIA Life Launches New Fund

Published on December 17, 2022
Current Context: Tata AIA Life Insurance Company Ltd launched the Emerging Opportunities Fund.
Tata AIA Life Launches New Fund
  • The Emerging Opportunities Fund is an equity fund that will benefit the customers in long-term equity growth along with providing a life insurance cover.
  • The New Fund Offering (NFO) was opened on 15th December and will be available till 30th December 2022.
  • It will be available at INR 10 per unit which will be applicable only during the NFO period.
  • It will be possible to make investments in the fund through Tata AIA’S ULIPs such as Fortune Pro, Fortune Maxima, Wealth Pro, etc.
  • Tata AIA Life Insurance Company Ltd was established in 2001 with its headquarters in Mumbai. The current CEO of the company is Naveen Tahilyani.

Question:

Q.1 Which of the following recently launched the Emerging Opportunities Fund?
a. Bajaj Allianz
b. LIC
c. ICICI Lombard
d. Tata AIA
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