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 net asset value (NAV) of ₹10 and will remain open for investment until February 18, 2026.
Why is iInvest Ultima Important?
According to Bandhan Life Insurance, iInvest Ultima is designed to offer both wealth growth and financial security.
Through this plan, investors can also access Bandhan Life’s top-performing funds, which have received 5-Star and 4-Star ratings and have performed better than industry benchmarks.
Key Benefits of the iInvest Ultima ULIP Plan
The iInvest Ultima plan comes with several attractive features, including:
Accidental death benefit rider
Loyalty rewards
100% mortality charge reimbursement from policy year 15
This plan is best suited 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 helps them earn higher returns without any additional cost.
Satishwar B., MD and CEO of Bandhan Life Insurance, said that iInvest Ultima offers the chance to earn better returns with safety. He also highlighted that mid-cap companies provide a good balance of 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 in 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 financials, capable leadership, and scalable business models, aiming for balanced and reasonable returns.
The company also stated that mid-cap companies are currently financially stronger than before, with better profitability, lower debt, and a strong role in India’s growth story.
This Mid-Cap Fund will be available under several ULIP plans of Bandhan Life, including iInvest Ultima, iInvest Advantage, and iInvest II.