Question

    Which insurance firm recently launched Emerging Opportunity Fund, which will invest in mid-cap companies and emerging market leaders with the potential to generate significant future growth?

    A ICICI Lombard Insurance Correct Answer Incorrect Answer
    B HDFC Ergo Insurance Correct Answer Incorrect Answer
    C New India Insurance Correct Answer Incorrect Answer
    D Tata AIA Life Insurance Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Tata AIA Life Insurance has launched Emerging Opportunity Fund, which will invest in mid-cap companies and emerging market leaders with the potential to generate significant future growth. The investment objective of the Fund is to generate capital appreciation in the long term by investing in a portfolio of stocks that offer opportunities in the mid-cap space and emerging leaders in the new age sectors offering significant long-term wealth creation along with insurance benefits.

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