Financial Daily from THE HINDU group of publications
Wednesday, Mar 16, 2005

News
Features
Stocks
Port Info
Archives
Google

Group Sites

Money & Banking - Life Insurance


Aviva unveils two unit-linked fund options

Our Bureau

New Delhi , March 15

AVIVA has introduced two new unit-linked fund options — Secure and Growth — in its existing LifeLong, PensionPlus, LifeSaver, YoungAchiever and EasyLife Plus fund options.

This is in addition to Unit-linked Balanced Fund available in these products.

The Secure Fund and Growth Fund options, which were introduced in LifeBond5 product last year in February, yielded the company good returns. Thus, the company decided to introduce them in the other products too.

Investors can choose between the Secure, Growth or Balanced fund as per their risk appetite or can even invest in a combination of the three funds.

Speaking on the new options, Mr Stuart Purdy, Managing Director, Aviva Life Insurance said, "We will continue to strive to deliver attractive returns for our customers and try to ensure that our fund performances lead the market by prudently investing for the long term." Aviva's Flagship Fund, the Unit linked Balanced Fund has posted a return of 20.78 per cent for 2004, he added.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page


Stories in this Section
Rupee declines; securities weak


Buffett bets big against dollar
IRDA chief urges industry to build credible database
Sundaram Home expects disbursements to rise 15%
Fringe benefit tax may hit group superannuation schemes
Aviva unveils two unit-linked fund options
ICICI Lombard offers weather cover to GHCL
Allahabad Bank chief upbeat on second public offering


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line