Current Affairs - Finance - Discussion
Discussion Forum : Finance - Latest Current Affairs (Q.No. 2)
2.
Which company launched the Diversified Equity Fund II as a New Fund Offer in April 2026?
Answer: Option
Explanation:
Axis Max Life Insurance Limited introduced the Diversified Equity Fund II on April 23, 2026, as a New Fund Offer aimed at long-term wealth creation. The fund is designed with a multi-cap investment strategy, ensuring diversification across sectors and market capitalisations. It maintains a minimum of 80% exposure to equities for growth while allocating the remaining portion to debt instruments for stability. The fund is benchmarked against the NSE Nifty 200 Index and is offered through select ULIPs. Its launch reflects the company’s focus on providing balanced investment opportunities with strong return potential over time.
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