Tag: Finance

Nagpur (Maharashtra) [India], January 23: GB Logistics Commerce Limited, operating in Logistics sector, has announced its plan to go public with an IPO on January 24, 2025, aiming to raise ₹ 25.07 Crores, with shares to be listed on the BSE SME platform.

The issue size is Up To 24,57,600 equity shares at a face value of ₹ 10 each.

Equity Share Allocation

• QIB Anchor Portion – Up to 6,99,600 Equity Shares
• Qualified Institutional Buyers (QIB) – Up to 4,66,800Equity Shares
• Non-Institutional Investors (NII) – Not less than 3,50,400Equity Shares
• Retail Individual Investors (RII) – Not less than 8,17,200Equity Shares
• Market Maker – Up to 1,23,600 Equity Shares

The net proceeds from the Issue will be utilized primarily for Prepayment or Repayment of a Portion of Certain Outstanding Borrowings, Working Capital Requirements, Expenditure Towards the Purchase of Truck Chassis & Truck Bodies, & General Corporate Purposes. The anchor portion will open on January 23, 2025. The issue will open for public on January24, 2025 and the issue will close on January 28, 2025.

The Book Running Lead Manager to the Issue is SKI Capital Services Limited, The Registrar to the Issue is Maashitla Securities Private Limited.

Mr. Prashant N Lakhani, Managing Director of GB Logistics Commerce Limited expressed, “This IPO represents an important step forward in our journey and highlights the progress we have made in the logistics. Since our inception, GB Logistics has been focused on full truckload freight services across India. By utilizing both proprietary and third-party logistics solutions, we have established a foundation for operational stability.

The IPO proceeds will be directed toward repaying a portion of our borrowings and investing in truck chassis and bodies to strengthen our logistics capabilities. These investments are aimed at reducing third-party reliance, contributing towards our operations, andcontrol over operations and profitability.

This IPO will support our plans to expand operations, increase market presence, and reinforce our corporate identity.”

Mr. Ghanisht Nagpal, Partner Investment Banking of SKICapital Services Limited said, “The IPO of GB Logistics marks a new milestone in the company’s growth journey. With the ongoing industrialization, infrastructure development, and technological advancements, the logistics industry in India is evolving rapidly, offering opportunities for companies like GB Logistics to expand within the full truckload freight services segment.

The company emphasizes on operations, technology integration, and service diversification to align with sector requirements. The IPO proceeds will be utilized to expand operations and achieve strategic objectives.

We are pleased to be a part of this process and believe the company will contribute positively to India’s logistics ecosystem.”

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New Delhi [India], January 21: In a groundbreaking move that’s reshaping India’s wealth management landscape, Dezerv introduces its innovative Portfolio Management Services (PMS), designed specifically for sophisticated investors seeking institutional-grade portfolio management. With a unique zero percent fixed management fee structure and performance-linked profit sharing, Dezerv is setting new standards in aligning wealth manager incentives with client success.

Elite Expertise Meets Modern Innovation

Founded by industry veterans Sandeep Jethwani, Vaibhav Porwal, and Sahil Contractor, who collectively bring over two decades of experience managing wealth exceeding ₹50,000 crore, Dezerv combines deep market expertise with cutting-edge technology. Their experience spans prestigious institutions such as IIFL Wealth, Anand Rathi Wealth Management, and Kotak Wealth Management, providing an unparalleled foundation for navigating complex market cycles.

Revolutionary Fee Structure Redefines Industry Standards

Breaking away from traditional wealth management models, Dezerv’s PMS introduces a revolutionary fee structure that eliminates fixed management fees entirely. Instead, the company operates on a performance-linked profit-sharing arrangement of up to 10%, ensuring that Dezerv succeeds only when its clients do. 

This innovative approach demonstrates Dezerv’s confidence in its ability to deliver superior returns while maintaining perfect alignment with client interests.

Comprehensive Portfolio Management Excellence

With a minimum investment threshold of ₹50 lakh, Dezerv’s PMS offers a suite of sophisticated features designed for discerning investors:

• Customized portfolio construction based on individual risk profiles and financial objectives
• Access to institutional-grade investment opportunities typically reserved for large investors
• Regular portfolio rebalancing and optimization to maintain optimal asset allocation
• Detailed performance attribution analysis for transparent insight into returns
• Tax-efficient investment strategies to maximize after-tax returns
• Quarterly portfolio reviews with expert fund managers
• Exclusive access to proprietary market insights and research

Future-Focused Investment Philosophy

Dezerv’s investment approach is built on four core principles that drive sustainable wealth creation:

1. Forward-looking strategy that captures emerging opportunities and future growth sectors
2. Active monitoring and management ensuring portfolio resilience across market cycles
3. Data-driven decision-making powered by advanced analytics and machine learning
4. Focus on sustainable wealth creation through long-term compounding

Proven Track Record and Strong Growth

Dezerv’s exceptional performance has attracted significant investor confidence, evidenced by successful funding rounds including a recent Series B raising ₹265 crore led by Premji Invest. The company has expanded its user base from 60,000 to over 100,000 within a year, with Assets Under Management growing to ₹7,000 crore post-Series B funding.

The Future of Wealth Management

As India’s affluent investor base grows increasingly sophisticated, Dezerv’s PMS stands at the forefront of wealth management innovation. By combining institutional-grade investment opportunities with a client-first fee structure and cutting-edge technology, Dezerv is not just managing wealth – it’s revolutionizing how India’s high-net-worth individuals approach portfolio management.

For sophisticated investors seeking a transparent, performance-driven approach to wealth management, Dezerv’s PMS offers an compelling proposition that aligns expert management with client success. In an industry often criticized for opaque fee structures and misaligned incentives, Dezerv’s innovative approach signals a new era in portfolio management services.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investments in schemes like PMS are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future results. Readers are requested to review the prospectus carefully and conduct their own research or consult with a qualified financial advisor before making any investment decisions.

Mumbai (Maharashtra) [India], December 24: Owning a dream home is a cherished aspiration for many. However, the financial planning and resources required to turn this dream into reality can often seem overwhelming. That’s where Piramal Finance steps in with its thoughtfully designed Home Construction Loan, helping you build your ideal home with ease and convenience.

Here’s why Piramal Finance’s Home Construction Loan is the perfect choice:

1. Competitive Interest Rates Starting at 9.5% Onwards*

Piramal Finance offers attractive interest rates starting as low as 9.5% per annum*, making home construction more affordable than ever. This competitive rate ensures that you can manage your EMIs comfortably while focusing on building the home of your dreams.

• Key Benefits of Low Interest Rates
• Lower monthly EMI burden
• Increased eligibility for a higher loan amount
• Significant savings over the loan tenure

2. Flexible Loan Tenure of Up to 30 Years

The flexibility to repay your loan over a period of up to 30 years ensures you have the freedom to plan your finances better. A longer tenure reduces EMI amounts, enabling you to allocate funds towards other essential needs during the construction phase.

Why Tenure Flexibility Matters:

• Easy alignment with long-term financial goals
• Reduced financial pressure during construction
• Freedom to prepay or foreclose the loan as per your convenience

3. Hassle-Free and Smooth Disbursal Process

Piramal Finance offers a seamless loan application and disbursal process. Whether you’re a first-time applicant or a seasoned borrower, the process is designed to minimize paperwork and maximize ease.

Simplified Steps to Disbursal:

• Quick Eligibility Check: Understand your loan eligibility instantly online or at the nearest branch.
• Minimal Documentation: Submit basic documents to initiate the application process.
• Fast Approval and Disbursal: Once approved, the loan amount is disbursed promptly, ensuring you can start construction without delays.

4. Tailored Solutions to Meet Every Need

Piramal Finance understands that each home construction journey is unique. That’s why they offer customized solutions to suit diverse customer requirements, including:

• Loans for individual plots and self-construction.
• Support for various stages of construction.
• Flexibility to handle changes in project costs.

Why Choose Piramal Finance?

Piramal Finance has built a reputation for being a trusted financial partner, offering innovative products tailored to meet the needs of modern homebuyers. Backed by transparent policies, competitive rates, and customer-centric services, their Home Construction Loan ensures you can build your home without compromise.

Apply Today and Build Your Dream Home!

With features like interest rates starting at 9.5% onwards*, tenure flexibility of up to 30 years, and a smooth disbursal process, Piramal Finance makes it easier than ever to turn your vision into a reality.

Take the first step today! To know more, visit – https://www.piramalfinance.com/home-loan/home-construction-loans

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Mumbai (Maharashtra) [India], December 18: When it comes to financing your dream home, planning your finances is a crucial first step. To make this process smoother, Piramal Finance offers an easy-to-use Home Loan EMI Calculator designed for both salaried and self-employed individuals. With just a few inputs, you can accurately estimate your monthly EMIs, empowering you to make informed decisions.

Why Use the Piramal Finance Home Loan EMI Calculator?

Whether you’re buying your first home or upgrading to a bigger one, knowing your EMI (Equated Monthly Installment) is essential for effective budget planning. The Piramal Finance Home Loan EMI Calculator is designed with simplicity in mind, helping you calculate your EMIs within seconds by entering:

• Loan Amount: The total amount you wish to borrow for your home.
• Loan Tenure: The repayment period, typically ranging from 1 to 30 years.
• Interest Rate: The applicable rate of interest offered on the loan.

How It Works

Using the calculator is straightforward:

• Visit the Piramal Finance website and navigate to the Home Loan EMI Calculator.
• Input the Loan Amount you’re considering.
• Enter the preferred Loan Tenure in years or months.
• Fill in the applicable Interest Rate.

Click on “Calculate,” and the calculator will instantly display your estimated monthly EMI.

This transparent process ensures there are no hidden surprises in your financial commitments.

Benefits for Salaried and Self-Employed Individuals

• Customizable Calculations: Tailor the inputs to suit your financial needs, regardless of your employment type.
• Accurate Estimates: Provides precise figures, helping you budget effectively.
• Time-Saving: No need for manual calculations or consulting multiple resources.
• Flexibility: Experiment with different tenures and loan amounts to see how it impacts your EMI.

Plan Your Home Loan with Confidence

The Home Loan EMI Calculator by Piramal Finance is a powerful tool for anyone looking to take control of their home financing journey. By providing clarity on your EMIs, it ensures you are financially prepared for one of life’s biggest investments.

Start planning today, visit – piramalfinance.com/calculators/home-loan-emi-calculator

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New Delhi [India], December 18: At BlinkX, every second counts for active traders. Understanding the need for speed and precision, BlinkX has introduced Basket Orders, a feature designed to streamline the trading process across Equity, Futures, Options, and Currency asset classes. This powerful tool allows traders to group multiple trades into one actionable bundle, enabling them to execute complex strategies with a single tap. 

Efficient Execution Across Asset Classes

For traders who juggle multiple trades —whether setting up positions in Equity, managing derivatives in Futures, making strategic moves in Options, or balancing a Currency portfolio—Basket Orders are a game-changer. Instead of placing each order individually, traders can now pre-select and organize trades across various asset classes into a single basket. With one tap, this entire bundle of trades is executed, significantly reducing the time and mental effort required to manage multiple orders, making it one of the best stock market app feature.

Enhanced Control and Strategy Execution

Basket Orders empower traders to execute complex strategies seamlessly, providing greater control over their positions and ensuring they’re always prepared to act on market changes. For instance, traders planning a market entry involving both stock and options positions can use Basket Orders to execute their strategy in one smooth action, avoiding missed trades or incorrect entries. This feature minimizes the risk of errors and enhances efficiency, especially when managing several trades at once.

Let’s say you’re bullish on an Index and a stock within it, but want a hedge. You can create a basket by buying an Index Future and hedging with a PUT. Then, add a buy order for the individual stock. Once your basket is set with your preferred Limit prices, just hit ‘Execute’ to send the order to the exchange. That’s it and all your orders are placed with one simple click!

Built-In Risk Management Capabilities

The Basket Orders feature also strengthens risk management for traders. By allowing them to group trades—whether setting up stop-losses or taking profits across multiple positions—traders can instantly execute a set of trades while ensuring their risk management strategies are precisely implemented. The flexibility to bundle Equity, Futures, Options, and Currency positions together into one order simplifies the execution of diversified trading strategies, making complex transactions less stressful.

Gagan Singla, MD at BlinkX, commented, “With Basket Orders, we’re giving traders the ability to act quickly and confidently across multiple asset classes. This feature is designed to remove the hassle of managing numerous trades and lets traders focus on what really matters—their strategies. BlinkX is committed to supporting traders with the tools they need to stay ahead, and Basket Orders are just one example of how we’re making trading faster, smarter, and more efficient.”

He added, “By enabling the execution of multiple trades in a single step, Basket Orders not only simplifies the trading process but also enhances control, accuracy, and strategic flexibility—key elements that every active trader values.”

Pricing Revolutionized for Serious Traders

BlinkX has also revolutionized pricing that is made for traders. It offers flexible subscription plans across three tiers designed to cater to different trading volume needs of traders with daily brokerage-free lots of NSE F&O. The Silver plan offered for Rs. 299 for 2 months includes 100 lots/day brokerage-free. The Golden plan offered for Rs. 499 provides 1,000 lots/day brokerage-free, while the Platinum plan offered for Rs. 999 for 2 months offers 2,500 lots/day brokerage-free. It also offers 6-month plans, which are 20% discounted, while 12-month plans are 40% discounted. All plans also include brokerage-free Equity Delivery and intraday trading. This way BlinkX ensures maximum savings for traders, making it one of the most cost-effective platforms for active traders.

Platform Stability

Backed by the expertise of JM Financial, BlinkX blends innovative technology with trusted insights to empower traders to make confident and well-researched decisions. With a rating of 4.7+, BlinkX’s platform stability is highly regarded, giving traders the confidence they need to rely on it for smooth, uninterrupted trading. With BlinkX demat account, we are not just shaping the future of trading; we’re making sure it’s a future where traders can thrive.

About BlinkX

Founded in 2022, BlinkX by JM Financial is a dynamic platform offering a suite of financial services. The company’s investment portfolio includes equity, currency, derivatives, IPO, equity SIP, mutual funds, and margin funding. With its innovative subscription pricing model and a focus on enhancing the trader experience, BlinkX is changing the landscape of trading in India, making it a leading share bazaar app for traders looking for comprehensive financial solutions.

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Mumbai (Maharashtra) [India], December 12: Buying a home is a dream come true for many, but securing a home loan can often seem daunting. Understanding your eligibility for a home loan is one of the most critical steps in this journey. To make this process easier and more transparent, Piramal Finance offers a Home Loan Eligibility Calculator, a user-friendly tool designed to clarify your home loan eligibility in just a few simple steps.

Why Use the Piramal Finance Home Loan Eligibility Calculator?

Knowing your home loan eligibility upfront can save you time and help you plan better. Whether you’re unsure about your financial capacity or just want a clear picture of your borrowing potential, this calculator provides accurate results based on key financial inputs. Here’s how you can benefit:

1. Quick and Easy: Get an instant estimate of your home loan eligibility.
2. Plan Effectively: Understand how your income, existing loans, and loan tenure impact your eligibility.
3. Make Informed Decisions: Adjust your preferences to match your financial goals and aspirations.

How Does It Work?

Using the Piramal Finance Home Loan Eligibility Calculator is as easy as 1-2-3. Here’s what you need to do:

1. Enter Your Monthly Income: Input your regular income to determine your repayment capacity.
2. Provide Details of Existing Loan EMIs (if any): Mention any ongoing loans or financial commitments.
3. Select Interest Rate and Tenure: Choose the applicable interest rate and tenure.

Once you’ve entered these details, the calculator will instantly provide an estimate of the loan amount you are eligible for, empowering you with the knowledge to take the next step confidently.

Why Choose Piramal Finance?

Piramal Finance is committed to making your home-buying journey seamless. With tailored financial solutions, competitive interest rates, and a customer-first approach, we ensure that your dreams of owning a home are within reach.

To Know More, Visit – https://www.piramalfinance.com/calculators/home-loan-eligibility-calculator

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New Delhi [India], December 11: For novices, the stock market frequently feels like a maze, full of stories about financial errors and scams. The intricacy of trading and investing deters many people and exposes them to false information. Zero to Hero Stock Market, an educational platform devoted to demythologising stock market concepts and equipping people with the information and confidence necessary to succeed, is tackling this difficulty.

Sujit’s Inspiring Story

The incredible journey of Zero to Hero Stock Market’s founder, Sujit Singh, is the driving force behind its success. Due to deceptive schemes and a lack of knowledge, he suffered large losses, including ₹2.5 crore, during his first entry into the stock market.

Sujit decided to keep on in spite of these obstacles.”I lost everything property, gold, and savings—because I was unaware and trapped by a 99% fraudulent system,” Sujit says. But rather than giving up, he turned his mistakes into teaching moments. Sujit redesigned his strategy and started sharing his knowledge to assist others steer clear of similar problems by embracing concepts like patience, discipline, and risk management. His frank narration strikes a chord with many others who have encountered similar difficulties in the marketplace, establishing a platform based on relatability and trust.

Simplifying Stock Market Education

Zero to Hero Stock Market is a revolutionary movement that aims to demystify the intricacies of the stock market, not merely an educational endeavor. The platform’s goals include educating users about the dangers and rewards of trading, uncovering dishonest scams, and making complex stock market ideas easier for novices to understand. It gives people the skills they need to effectively navigate the market by encouraging long-term success strategies based on discipline and risk management. Zero to Hero Stock Market makes sure that everyone, regardless of location or experience level, has access to high-quality education through digital platforms, including YouTube videos, blogs, and webinars.

Breaking down Barriers

To make sure that stock market education is simple to comprehend and interesting for all students, Zero to Hero Stock Market employs a multifaceted strategy. While more experienced students can delve into strategies like swing trading and technical analysis, beginners can learn the basics through YouTube courses, including how to register a Demat account and comprehend market jargon. Furthermore, the platform provides both free and paid interactive courses with live Q&A sessions that give students individualised advice and the chance to get their questions answered. Additionally, Zero to Hero creates a vibrant community where traders and students can work together, exchange tactics, and support one another as they pursue financial success.

Lessons from Failure

The significance of choosing a learning mindset over a recovery attitude is a pillar of Sujit’s instruction. “No one is perfect in the market, but I respect my level and follow patience, discipline, and risk management,” he says. According to his ideology, students should prioritise their education, refrain from making rash decisions, and adhere to long-term plans. Sujit’s story serves as a reminder that obstacles can present worthwhile teaching moments. His focus on perseverance and self-control gives novices the skills they need to comfortably handle market swings and steer clear of typical mistakes.

What Sets Zero to Hero Stock Market Apart

The Zero to Hero Stock Market is unique for a number of important reasons. First of all, learners are drawn to its relevant storyline and Sujit’s openness about his own struggles, which builds trust. Additionally, the site maintains moral standards by highlighting fraud and encouraging honest, environmentally friendly trade methods. Furthermore, it provides extensive content that is tailored to a broad spectrum of learners, from novices to seasoned traders, guaranteeing that there is something for everyone. Thousands of people attribute their increased trust in the stock market and improved financial literacy to the platform, which has demonstrated outcomes.

A Platform for Growth and Success

From Zero to Hero The stock market is about turning fear into confidence and confusion into clarity, not just about trading stocks. By tackling the difficulties encountered by novices, it establishes a strong basis for long-term expansion. At the heart of the platform is Sujit Singh’s inspirational journey, which continues to help others become financially literate and achieve long-term success. Zero to Hero Stock Market is a ray of hope, wisdom, and empowerment for everyone wishing to start their stock market adventure.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investing in stocks involves risk, and past performance is not indicative of future results. Readers should conduct their own research or consult with a qualified financial advisor before making any investment decisions.

New Delhi [India], December 10:  Annapurna Finance Private Limited (AFPL), a leading Micro & SME Finance institution in India, has raised $109.5 million through a multilateral syndicated social loan facility under the External Commercial Borrowing (ECB) framework. The transaction was exclusively arranged by Standard Chartered Bank (SCB).

The facility involved 10 reputed financial institutions from South East Asia, Middle East, and Africa. It was structured under a Social Financing framework which was reviewed and validated by S&P Global, supporting Annapurna’s focus on financial inclusion. There is a green-shoe option to raise an additional $40 million apart from the above-mentioned amount.

Funds to Support Rural and Underserved Communities.

The funds will be used for on-lending to microfinance borrowers, with a focus on rural women and underserved populations. The initiative aims to expand access to financial services, enhance economic participation, and contribute to development in underbanked regions of India.

Statement from Annapurna Finance

“This transaction marks an important milestone for Annapurna Finance,” said Gobinda Chandra Pattanaik, Managing Director of Annapurna Finance. “The participation of financial institutions from multiple regions reflects confidence in our financial inclusion efforts. These funds will support our mission to extend credit to rural and underserved communities, and for Annapurna long term foreign borrowings strengthens the ALM position and brings diversity in funding sources .”

About Annapurna Finance

Founded in 2009, Annapurna Finance Pvt. Ltd. (AFPL) is among the top five NBFC-MFIs in India by Assets Under Management (AUM). The company serves over 2.9 million borrowers across 21 states through 1,500+ branches in 424 districts.

Annapurna focuses on providing financial services to underserved communities, with a strong emphasis on Microfinance, MSME lending and Green Finance. The company is supported by global investors and development finance institutions.

New Delhi [India], December 03: As we progress further into the 21st century, gold continues to symbolize wealth and serves as a dependable means of preserving value, especially during uncertain economic times. The landscape of gold investment has transformed, largely due to technological advancements. Many investors now prefer digital options over traditional physical gold, turning to solutions like digital gold and exchange-traded funds (ETFs). ETFs offer numerous benefits, including liquidity, diversification, lower fees compared to mutual funds, tax efficiency, ease of trading, and the ability to gain gold exposure without owning it physically. These modern alternatives provide greater flexibility and appeal especially to younger investors who appreciate the convenience of digital transactions. Additionally, fractional ownership allows individuals to purchase smaller amounts of gold, making it more accessible.

Meanwhile, artificial intelligence (AI) is also helping in revolutionizing gold trading. By analyzing vast amounts of market data, AI can identify trends and predict price fluctuations with greater accuracy. Automated trading systems powered by AI execute trades quickly, thereby enhancing efficiency and increasing returns for users. Additionally, global conflicts or uncertainties also significantly influence gold demand; where investors can often turn to gold as a “safe haven” asset. This behavior highlights gold’s enduring value in challenging economic climates, reinforcing its role as a reliable investment during turbulent times.

Monetary policies significantly influence gold trading, with central banks in countries like China and India actively stockpiling gold to protect against currency fluctuations. This demand could drive prices even higher. In fact gold holds deep meaning for these two countries. As their middle classes expand, interest in both physical and investment-grade gold is likely to grow, invigorating the global market and underscoring gold’s value as more than just an investment.

Additionally, the recent decision by the U.S. Federal Reserve to lower interest rates by 50 basis points has the potential to shake up the gold market. Generally, lower rates weaken the U.S. dollar, making gold a more attractive investment. Moreover, rate cuts can heighten inflation concerns, prompting investors to turn to gold as a safeguard against the depreciation of their currency.

Ethical sourcing has gained importance among investors and consumers who are increasingly concerned about the environmental impact of gold mining. This awareness has led to a rising demand for responsibly sourced gold, supported by innovations in recycling and ethical mining practices that aim to reduce harm to the planet. Emerging markets are also expected to boost gold demand in the coming years. The rise of central bank digital currencies (CBDCs) and cryptocurrencies may further transform gold trading dynamics. CBDCs, as digital forms of national currency, could lead investors to view gold as a safety net against digital risks. Furthermore, the emergence of gold-backed tokens blends traditional value with modern digital currency flexibility, opening new opportunities for investors.

The future of gold trading will be shaped by technology, sustainability goals, and shifts in the global economy. The Fed’s recent interest rate cut highlights the strong connection between monetary policies and gold prices, reinforcing gold’s role as a safe store of value. Investors who remain adaptable in this evolving landscape are likely to uncover promising opportunities.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investing  includes financial risks, and past performance is not indicative of future results. Readers should conduct their own research or consult with a qualified financial advisor before making any investment decisions.

Mumbai (Maharashtra) [India], November 30: Star Union Dai-ichi Life Insurance Co. Ltd. (SUD Life) has launched two new funds – the Viksit Bharat Fund and the New India Leaders Fund, as part of its Unit Linked Insurance Plan (ULIP) offerings.

The Viksit Bharat Fund will invest in businesses that are focused on the transformation of the India of today into the Viksit Bharat of tomorrow. The multi-cap, sector-agnostic portfolio of Viksit Bharat Fund will have exposure to emerging as well as established companies that are driving long-term development and value creation in the ecosystem. The fund is ideal for those with a long-term horizon and a belief in the overall India growth story.
On the other hand, the New India Leaders Fund will invest in new and emerging business out of India, focused on technology-led innovation and disruption, for both India and the world. Some of the prominent themes of this fund would be energy transition, digitalization, cloud and AI-led businesses, health and wellness as well as technology-led products and services, amongst other emerging themes. This fund is tailored for the investor with a long-term horizon and some appetite for growth businesses.

Currently, these are available under the products SUD Life Star Tulip, SUD Life Wealth Creator, SUD Life Wealth Builder and SUD Life e-Wealth Royale. The company plans to offer these funds across all its ULIP plans moving forward.

Prashant Sharma, Chief Investment Officer of SUD Life, said, “We are incredibly excited to offer two pioneering funds for our policyholders – the Viksit Bharat Fund and the New India Leaders Fund. While both offer an opportunity to create wealth from the transformative development underway in the country today, it is important to understand the difference between the two. The Viksit Bharat Fund will take a sector-agnostic, multi-cap approach to portfolio creation, aiming to capitalize on all businesses that are driving transformative change. On the other hand, the New India Leaders Fund is a fund focused on capturing the generational value creation from the technology and IP-led innovation and disruption underway in the country today. We believe both these funds offer tremendous opportunity for our policyholders to participate in India’s transformation, while also creating wealth for themselves.”

Disclaimer:
“Viksit Bharat Fund” (SFIN: ULIF 039 28/10/24 SUD-LI-VB1 142) is a name of investment fund offered by SUD Life Insurance Company under its unit-linked life insurance products. This fund is independently managed by SUD Life and is neither endorsed by nor associated with any governmental programs or initiatives undertaken by the Government of India.

Unit Linked Life Insurance products are different from the traditional insurance products and are subject to the risk factor. The premium paid in Unit Linked Life Insurance Policies are subject to Investment Risks associated with Capital Markets and NAVs of units may go up or down based on the performance of the fund and factors influencing the Capital Market and the insured is responsible for his/her decisions. Please know the associated risks and the applicable charges, from your insurance agent or the intermediary or policy document issued by the insurance company. The various funds offered under this product are the names of the funds and do not in any indicate the quality of these, their prospects and returns. The past performances of the funds are not indicative of the future performance of any of the funds available under this Policy. There are no guaranteed or assured returns in this policy, except under Discontinued Policies Fund where the minimum guaranteed interest will be as prescribed by the IRDAI from time to time. The policyholder can withdraw the invested amount only after the completion of five plan years.

SUD Life Star Tulip (UIN: 142L091V01), SUD Life Wealth Builder (UIN: 142L042V03),

SUD Life e-Wealth Royale (UIN: 142L082V03) and SUD Life Wealth Creator (UIN: 142L077V01).

Star Union Dai-ichi Life Insurance Company Limited

IRDAI Regn. No: 142 |CIN: U66010MH2007PLC174472

Registered Office: 11th Floor, Vishwaroop I.T. Park, Plot No. 34, 35 & 38, Sector 30A of IIP, Vashi, Navi Mumbai – 400 703 | 1800 266 8833 (Toll Free) | Timing: 9:00 am – 7:00 pm (Mon – Sat) | Email ID: customercare@sudlife.in | Visit: www.sudlife.in |

For more details on risk factors, terms and conditions, please refer to the sales brochure carefully, before concluding the sale. Trade-logo displayed belongs to M/s Bank of India, M/s Union Bank of India and M/s Dai-ichi Life International Holdings LLC and are being used by Star Union Dai-ichi Life Insurance Co. Ltd. under license.

BEWARE OF SPURIOUS/FRAUD PHONE CALLS:
IRDAI or its officials do not involve in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint

For further information and media inquiries, please contact: Niraj Yadav
Streetlight Media Private Limited
Email: niraj.yadav@streetlightmedia.in, www.streetlightmedia.in