Current Affairs - Finance - Discussion

Discussion Forum : Finance - Latest Current Affairs (Q.No. 8)
8.
Which insurance company launched the Sustainable Wealth 50 Index Fund?
ICICI Prudential Life
HDFC Life
SBI Life
Axis Max Life
Answer: Option
Explanation:
Axis Max Life Insurance launched the Sustainable Wealth 50 Index Fund, which focuses on companies with consistent cash flow generation. The fund is built on the proprietary Sustainable Yield Index, collaboratively developed by Axis Max Life and NSE Indices Limited. This initiative underscores Axis Max Life's innovative approach to sustainable investing. Headquartered in New Delhi, Axis Max Life is recognized as the largest non-bank private-sector life insurer in India.
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