Max Life UL Life Diversified Equity Fund

This equity-oriented scheme allows investors to diversify their investments across various market caps. However, the scheme primarily focuses on investing in large cap and mid-cap stocks.

The scheme also features a sector agnostic investment style that allows investors to gain exposure to various sectors of the Indian economy through a single investment.

This diversified equity fund aims to provide investors with the dual benefit of long term capital appreciation while ensuring adequate liquidity in the investment portfolio.

The minimum equity exposure that this scheme must maintain at all times is 70% and this allocation can be increased to 100% of the portfolio. The remainder of the fund portfolio can comprise G-Secs, corporate bonds and money market instruments/cash equivalents. The maximum portfolio allocation allowed towards Money Market instruments and cash equivalent is 30%. Whereas, corporate bonds and government securities exposure for the scheme is capped at 20%.