Bandhan Life Insurance, a life insurance company of the Bandhan Group, has launched a new unit-linked insurance plan (ULIP) called iInvest Ultima.
Along with this, the company has also introduced a new Mid-Cap Fund, giving investors a chance to invest in growing mid-sized companies in India.
The Mid-Cap Fund has been launched at a NAV of ₹10 and will remain open for investment until February 18, 2026.
What Makes iInvest Ultima Special?
According to Bandhan Life Insurance, iInvest Ultima is designed to help customers grow their wealth while also providing financial security.
Investors can also access Bandhan Life’s top-performing funds that have received 5-Star and 4-Star ratings and have performed better than industry benchmarks.
Key Benefits of the ULIP Plan
The iInvest Ultima plan offers several attractive features, including:
Accidental death benefit rider
Loyalty rewards
100% mortality charge reimbursement from the 15th policy year
This plan is suitable for investors aged 30 to 50 years who understand market risks and can invest ₹2 lakh or more per year.
Women investors will get an extra premium allocation of 0.5% for the first five policy years from day one. This means they can earn higher returns without paying any extra cost.
Satishwar B., MD and CEO of Bandhan Life Insurance, said that iInvest Ultima offers the chance to earn better returns with safety.
It also includes investment in high-performing funds, including the new Mid-Cap Fund. He added that mid-cap companies provide a good balance between growth and stability, making it a good time to invest in them.
Where Will the Mid-Cap Fund Invest?
The Bandhan Life Mid Cap Fund is benchmarked against the Nifty Midcap 150 Index. It will invest in strong mid-sized companies from high-growth sectors such as:
Financial services
Industrials
Healthcare
Capital goods
Saibal Ghosh, Chief Investment Officer of Bandhan Life Insurance, said that the fund focuses on quality companies with strong balance sheets, good leadership, and scalable business models, aiming for balanced and reasonable returns on equity.
The company also stated that this fund has been launched at a time when mid-cap companies are financially stronger than ever, with better profits, lower debt, and strong presence in sectors linked to India’s growth.
This Mid-Cap Fund will be available with several ULIP plans of Bandhan Life, including iInvest Ultima, iInvest Advantage, and iInvest II.
