Bajaj Life Insurance has launched the Bajaj Life Nifty 500 Low Volatility 50 Index Fund, targeting customers who invest through its unit-linked insurance plans (ULIPs). This fund opens for subscription from April 16 to April 30, 2026, and aims to provide capital appreciation alongside life cover. It focuses on large-cap stocks, allocating around 79% to this segment, while the remainder is diversified into mid- and small-cap stocks. Chief Investment Officer Srinivas Rao Ravuri emphasized that in today's uncertain market, a low volatility strategy is appealing for long-term investors. The fund uses a transparent, rules-based methodology to select 50 low volatility stocks, measured by their price stability. It will be rebalanced semi-annually to align with market conditions, with stock weights capped to limit concentration risk. This makes the fund suitable for investors looking for systematic equity exposure with lower volatility compared to the broader market.