ABSLI launches dividend yield fund for ULIP investors

Core Viewpoint - Aditya Birla Sun Life Insurance Company Ltd has launched a new Dividend Yield Fund aimed at long-term wealth creation through investments in high dividend-paying companies, available for subscription until November 20, 2025 [1][2]. Group 1: Fund Details - The Dividend Yield Fund targets long-term wealth creation by investing in high dividend-paying companies, offering up to 100% equity exposure with at least 75% allocated to equity and equity-related instruments [2]. - The asset allocation of the fund comprises 80-100% in equities and up to 20% in debt instruments, money market, and cash [2]. - The fund is available under ABSLI's Wealth Infinia Plan, Vision Retirement Solution, and Nischit Wealth Solution [3]. Group 2: Management Strategy - The fund employs an active management strategy focusing on bottom-up stock selection to identify companies with strong fundamentals and consistent dividend track records [3]. Group 3: Company Overview - The MD and CEO Kamlesh Rao stated that the fund is designed for policyholders seeking stability alongside growth through financially strong, dividend-paying companies [4]. - The fund aims to balance protection and performance while helping investors achieve long-term financial goals [4]. - As of September 30, 2025, ABSLI reported total assets under management of ₹104,492 crore and operates through over 440 branches, serving 2.864 million active customers nationwide [5].