Max Life Insurance launches Nifty 500 Momentum 50 Index Fund

The NFO is currently open for subscription and will close on September 1, with units priced at Rs 10 each during the NFO period. This fund will track the Nifty 500 Momentum 50 Index, which includes the top 50 companies from the Nifty 500 index, selected based on their Normalized Momentum Scores.