Aviva life launches three fund options

Mumbai, Jan 3 (UNI) Aviva Life Insurance (ALI), a joint venture of Dabur and UK-based AVIVA insurance group, today said it has launched three new fund options, aiming majority investment in the equity market.

The new funds, including Index fund, Enhancer fund and Bond fund, will be available for selected products like PensionPlus, LifeLong, Life Bond 5, Save Guard, Life Saver Super and Freedom Life Plus, the company said in a statement.

The Index fund aims to invest in equities in the range of 80 to 100 per cent and debt money market securities in the range of 0-20 per cent. Bond fund will invest 100 per cent in money market, while Enhancer fund would invest 60-100 per cent in equities, the release added.

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