HT Bureau
GUWAHATI, Feb 26: ICICI Prudential Life Insurance has launched the Dividend Leaders 50 Index Fund under its Unit Linked Insurance Plans (ULIPs), targeting customers seeking stability and long-term wealth creation through investments in fundamentally strong companies with a consistent dividend payout history.
The fund tracks the BSE 500 Dividend Leaders 50 Index, which comprises 50 companies selected from the broader BSE 500 universe that have consistently paid dividends over the past 10 years.
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The index is rebalanced annually.
The fund follows a passive, index-mirroring approach, replicating the index composition instead of actively selecting stocks.
Manish Kumar, Chief Investment Officer of ICICI Prudential Life Insurance Company Limited, said the Dividend Leaders 50 Index Fund provides customers with a disciplined and transparent way to participate in equity markets.
He noted that the fund’s strategy rests on four pillars: dividend-focused stock selection, quality checks to ensure strong financials and stable cash flows, diversification across sectors, and a rule-based investment process with periodic review and rebalancing.
He stated that the fund aims to empower customers to remain invested with confidence, knowing their portfolios are aligned with financially strong and time-tested companies, while also benefiting from life cover under ULIP products.
According to the index factsheet, the BSE 500 Dividend Leaders 50 Index has delivered annualised total returns of 33.63 per cent over three years, 30.96 per cent over five years and 20.40 per cent over ten years as of January 30, 2026.
The company clarified that regulatory norms may at times restrict investments strictly in line with index weights, which could lead to a possible tracking error. The Dividend Leaders 50 Index Fund is available with select ULIP products such as ICICI Pru Signature Assure, ICICI Pru SmartKid Assure and ICICI Pru Smart Insurance Plan Plus (SIP+), among others offered by the company.
