Are these NFOs suitable for short-term investors?

These NFOs are best suited to long-term horizons for optimal risk-reward outcomes, especially since midcap and alpha indices may be volatile in the short run.

How are these Canara NFOs different from regular mutual funds?

These NFOs are typically launched as part of ULIP or pension products, combining index investing with insurance or retirement benefits, and they track predefined indices systematically.

Are there any tax benefits associated with Canara HSBC Life NFOs?

Yes, investors can claim tax deductions on premiums paid under Section 80C and enjoy tax-free maturity proceeds under Section 10(10D) for insurance-linked NFOs, subject to prevailing tax laws.

Top performing plans^˜ with High Returns^**

Invest ₹10K/month & Get ₹1 Crore^# Tax-Free^*

+91

We don't spam

Your personal information is secure with us

By clicking on "View Plans" you agree to our Privacy Policy
and Terms of use

Get Updates on WhatsApp

We are rated⁺⁺

12.02 Crore

Registered Consumer

Insurance Partners

5.9 Crore

Policies Sold

Canara NFO

Canara HSBC Life Insurance has rolled out a new series of NFOs designed to offer investors targeted exposure to index-driven growth opportunities. With a focus on momentum and alpha strategies, these products are built to blend long-term wealth creation with professional portfolio management, making them attractive choices for both wealth-building and retirement planning in 2025.

Plans starting from ₹1000/month

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))
Compare & Choose 30+ Plans and 150+ Fund options

Overview of Recent Canara NFOs

Below is the list of Canara HSBC NFOs that are available:

Canara HSBC Mid Cap Momentum Fund

This fund tracks the NIFTY Midcap 150 Momentum 50 Index, investing primarily in mid-cap companies with strong momentum scores. With nearly 99% allocation to equities, it delivers diversified exposure to top-performing mid-sized companies, aiming to generate superior long-term returns. The fund suits investors seeking moderate risk, sector diversification, and a professionally managed approach to midcap investing.
Canara HSBC Life Insurance NIFTY Alpha 50 Index Fund

Launched as a ULIP fund, this NFO replicates the NIFTY Alpha 50 Index, which comprises the top 50 stocks on the NSE with the highest alpha scores. The strategy focuses on stocks that have historically outperformed their benchmarks, catering to investors who want a flexi-cap approach without the influence of heavy fund manager discretion. It combines capital appreciation potential with life insurance benefits, making it a compelling option for growth-oriented investors.
Canara HSBC Pension NIFTY Alpha 50 Index Fund

Structured for retirement planning, this NFO also mirrors the NIFTY Alpha 50 Index but is designed for annuity creation and pension accumulation. Investors benefit from a mix of lump sum and annuity payouts at retirement, paired with market-driven capital appreciation. It is well-suited for those prioritizing retirement readiness and seeking to harness long-term equity returns for gradual income generation in post-retirement years.

Key Features of Canara NFOs

Index-driven, rules-based investment strategies.
Diversification across sectors and market caps.
Cost-effective wealth creation vehicles with professional fund management.
Tax advantages under Section 80C and Section 10(10D) for insurance-linked NFOs.
Flexibility to choose between wealth accumulation and pension preparation

Who Should Consider These Canara NFOs?

Investors looking for a blend of equity growth and insurance benefits.
Those planning for long-term goals, such as retirement or wealth accumulation.
Savers seeking index-based, systematic investment strategies with varying risk appetites.

Benefits of Canara NFOs

NFOs have the potential for higher returns compared to actively managed funds due to lower costs and systematic investing.
Access to diversified and well-constructed equity portfolios.
Life insurance and pension-linked security in select plans.

FAQs

Are these NFOs suitable for short-term investors?

These NFOs are best suited to long-term horizons for optimal risk-reward outcomes, especially since midcap and alpha indices may be volatile in the short run.
How are these Canara NFOs different from regular mutual funds?

These NFOs are typically launched as part of ULIP or pension products, combining index investing with insurance or retirement benefits, and they track predefined indices systematically.
Are there any tax benefits associated with Canara HSBC Life NFOs?

Yes, investors can claim tax deductions on premiums paid under Section 80C and enjoy tax-free maturity proceeds under Section 10(10D) for insurance-linked NFOs, subject to prevailing tax laws.

˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in
*Past 10 Year annualised returns as on 01-11-2025
*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).