Kolkata, Mar 06 (UNI) Axis Max Life Insurance Ltd., formerly known as Max Life Insurance Company Ltd, has announced the launch of the Axis Max Life Smart Innovation Fund.

As an innovation-themed fund in the life insurance industry, it will invest in a diversified portfolio of large, mid, and small-cap companies, focusing on businesses at the forefront of technological and sectoral transformation, according to a media statement here on Thursday.



The Axis Max Life Smart Innovation Fund aims to capitalize on emerging opportunities in artificial intelligence, healthcare, biotechnology, Financial sector, energy, consumer sector and other disruptive industries, offering potential long-term capital appreciation.



Sachin Bajaj, EVP and Chief Investment Officer, Axis Max Life Insurance, stated: "Innovation is the key driver of economic growth, and investors today are keen to participate in transformative sectors that define the future. The Axis Max Life Smart Innovation Fund is designed to identify companies across sectors, that are going to benefit from the innovation theme and strategies. With a dynamic and actively managed investment approach, we aim to deliver sustainable long-term growth while aligning with evolving investor preferences."



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