Axis Max Life BSE 500 Value 50 Index Fund is a market-linked insurance plan that combines long-term wealth creation with life cover. It tracks the BSE 500 Enhanced Value 50 Index —comprising undervalued, high-growth potential stocks. This zero-cost ULIP offers a smart way to invest in value opportunities while enjoying tax benefits and insurance protection. The Pre NFO starts from 28th–31st July 2025.
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Plans starting from₹1000/month
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Investment Plans
Generate wealthEarn 1 Cr# in maturity with Zero LTCG tax¶
Double tax savings^On premiums (under 80C) and on maturity (under 10(10D))
What is Axis Max Life BSE 500 Value 50 Index Fund?
Axis Max Life BSE 500 Value 50 Index Fund is a new ULIP-based offering designed to invest in undervalued high-potential stocks through a passive investment strategy. It tracks the BSE 500 Enhanced Value 50 Index, focusing on companies available at a price lower than their intrinsic value. The fund leverages the principles of value investing—“Buy Low, Sell High”—to deliver long-term capital appreciation. This fund is part of Axis Max Life’s Online Savings Plan and has zero allocation and admin charges, with a Fund Management Charge (FMC) of 1.25%.
Highlights of Axis Max Life BSE 500 Value 50 Index Fund
Particulars
Details
Benchmark Index
BSE 500 Value 50 Index
Benchmark Index Returns
22.4% p.a. (7 years)
Risk Profile
High
Pre NFO
28th July – 31st July 2025
NFO Launch Date
1st August 2025
NFO Duration
1st August – 10th August 2025
Current NAV
₹10
Minimum Investment
₹2000
What is BSE 500 Enhanced Value 50 Index?
The BSE 500 Enhanced Value 50 Index is a thematic index curated from the broader BSE 500. It consists of 50 high-quality stocks that are trading below their fair market value, making them attractive for value investing. These stocks are selected using valuation metrics such as Price-to-Earnings (P/E), Price-to-Book (P/B), and Dividend Yield. The index aims to generate alpha by investing in fundamentally strong companies that the market has currently undervalued. It continues to hold these stocks until they reach their fair value or beyond.
Key Highlights:
Top 50 value stocks from the BSE 500 universe.
Sectoral allocation includes PSU Banks, Energy, and Metal companies.
Investment strategy is Buy Low, Sell High.
Delivered 5-year returns of 41.4% and 7-year returns of 22.4% (as of June 30).
Reasons Why You Should Consider Investing in Axis Max Life BSE 500 Value 50 Index Fund
Here are the reasons why this fund can be a strong addition to your long-term investment strategy:
Value-Based Strategy with Proven Track Record
The underlying index (BSE 500 Enhanced Value 50) has historically outperformed broader indices like BSE 50 and BSE 500.
5-year returns: 41.4%, 7-year returns: 22.4%, which are among the highest in its peer group.
Low-Cost Structure
Zero Allocation Charges and Admin Charges.
FMC capped at 1.25%, ensuring cost-effective wealth creation over time.
Strong Constituents
The index includes high-growth stocks from sectors such as PSU Banking, Oil & Gas, and Industrial Metals, some of which have delivered exponential returns in recent years.
Tax Efficiency
ULIP structure offers tax-free maturity benefits under Section 10(10D) and potential deductions under Section 80C, making it more tax-efficient than many mutual funds.
Disciplined Investing Approach
The fund adheres to a systematic, rules-based investing model that removes emotional biases and focuses purely on value metrics.
Companies of BSE 500 Enhanced Value 50 Index
*The stocks mentioned above are for illustrative purposes only and are subject to change. …& many more
How to Buy Axis Max Life BSE 500 Value 50 Index Fund From Policybazaar?
To buy the Axis Max Life BSE 500 Value 50 Index Fund from Policybazaar, follow these steps:
Step 1: Fill in your name and contact number in the form on this page to get started.
Note: Your details are kept confidential and will only be used to customize your benefits.
Step 2: You can also visit the plans just by clicking View Plans below
Step 3: Once logged in, you'll be prompted to fill in your city, age, and annual income in the provided form. This information will be used to check the personalised benefits of the plans.
Step 4: After providing your personal information, you'll be presented with PNB MetLife Investment Plans on a blue and red card. Select the Axis Max Life BSE 500 Value 50 Index Fund option that best suits your needs from the following options:
Step 5: In the Axis Max Life BSE 500 Value 50 Index Fund, click the "Get Details" tab for more information.
You can also get a free expert consultation; just click on the “Talk to an Expert” button.
Step 6: Review plan details carefully. Once satisfied, click the "Proceed" button and follow the prompts on the screen to move forward with the purchase.
Step 7: You will be prompted to enter essential details and specify the amount you want to invest. Select the preferred mode of payment for your investment.
Step 8: Provide your required KYC (Know Your Customer) details. This step is important for regulatory compliance.
Step 9: Complete the payment process. Upon successful payment, you will receive confirmation of your purchase.
What are the Benefits of Purchasing the Axis Max Life BSE 500 Value 50 Index Fund From Policybazaar?
Investing via Policybazaar provides various advantages, including:
Ease of Access: Invest digitally in the Axis Max Life BSE 500 Value 50 Index Fund without the hassle of visiting banks or agents.
Plan Comparison: Evaluate various investment options, including the latest funds, to make well-informed choices and secure competitive deals.
Professional Support: Benefit from expert advice to choose the NFO plan that aligns with your financial goals and requirements.
Tax Savings: Enjoy tax benefits under Section 80C and Section 10(10D) of the Income Tax Act by investing through Policybazaar.
FAQs
What is the BSE 500 Enhanced Value 50 Index?
The BSE 500 Enhanced Value 50 Index is a thematic index comprising the top 50 undervalued stocks selected from the BSE 500 universe. These stocks are chosen based on valuation metrics like low P/E, low P/B, and high dividend yield, offering strong growth potential.
What are the expected returns from the index this fund tracks?
As of June 30, the BSE 500 Enhanced Value 50 Index delivered 5-year returns of 41.4% and 7-year returns of 22.4%, outperforming broader indices like the BSE 50.
Who should consider investing in Axis Max Life BSE 500 Value 50 Index fund?
This fund is suitable for investors seeking:
Long-term equity exposure with a value focus
Life insurance cover with investment
Tax-efficient wealth creation
Low-cost investment structure under ULIP
˜Top 5 plans based on annualized premium, for bookings made in the first 6 months of FY 24-25. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in *Past 10 Year annualised returns as on 01-08-2025 *All savings plans are provided by the insurer as per the IRDAI approved insurance plan.
Tax benefit is subject to changes in tax laws. Standard T&C Apply
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs. **Returns are based on past 10 years' fund performance data (Fund Data Source: Value Research).
Generate wealthEarn 1 Cr# in maturity with Zero LTCG tax¶
Double tax savings^On premiums (under 80C) and on maturity (under 10(10D))
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