Bajaj Allianz launches mid cap fund

Mumba: Bajaj Allianz Life Insurance Company Limited, has launched a mid cap fund for its unit-linked plans to invest in mid cap emerging companies with th potential for future growth. With the addition of the 'mid cap fund', Bajaj Allianz now has a total of six funds in its portfolio.

Bajaj Allianz has in the past provided the option of combining the protection of life insurance with the attractive prospects of investing in securities. Customers can choose the investment funds in which they want to invest their money, providing them with an opportunity to have a direct stake in the performance of the financial markets.

Commenting on the launch, Sam Ghosh, CEO, Bajaj Allianz Life Insurance and country manager, Allianz, said," By giving clients the opportunity to choose to invest in any of the six funds, we take a step further in maximising our customer's satisfaction."