#CanaraHSBCLife #NextGenConsumption #NFO #IndiaGrowthStory #ConsumptionFund #ULIP #InvestInIndia #NiftyNewAge
CHANDIGARH – Canara HSBC Life Insurance has introduced a high-growth, equity-oriented fund, the NextGen Consumption Fund, designed to capture investment opportunities driven by India’s rapidly evolving consumption landscape, fueled by its young, dynamic population and the ongoing digital revolution.
This new offering is available under the insurer’s popular Unit-Linked Insurance Plans (ULIPs), Wealth Edge and SecureInvest. The fund is priced at a NAV of ₹10 per unit and will be open for subscription during its New Fund Offer (NFO) period from November 18 to November 24, 2025.
demographic Tailwinds and Consumption-Led Growth
The launch is strategically timed to align with several powerful economic and demographic factors positioning India for long-term growth:
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Young Population: India’s median age stands at a favorable 28.8 years, leading to rising disposable incomes and changing lifestyle demands.
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Macroeconomic Drivers: Accelerated urbanisation, supportive policy measures like GST 2.0, and enhanced financial access are cited by the company as key catalysts supporting sustained consumption-led growth.
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Digital Wave: The rapid adoption of digital technology is fundamentally changing consumer behavior, creating new avenues for spending in areas like e-commerce and fintech.
Jyoti Vaswani, Chief Investment Officer, Canara HSBC Life Insurance, commented, “The fund reflects how India’s evolving consumption landscape is being driven by a young, dynamic population and the digital wave. Our objective is to give investors structured exposure to sectors benefiting from this shift.”
🎯 Investment Strategy and Sector Focus
The NextGen Consumption Fund is an actively managed fund that takes its cue from the high-performing Nifty India New Age Consumption Index. This index has demonstrated superior returns, delivering a 26.6% CAGR over five years as of October 31, 2025, which significantly outperformed the Nifty 500 TRI and Nifty 50 TRI.
As an equity-oriented fund, its investment mandate carries a high-risk profile:
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Equity Allocation: 60% to 100% investment in equities.
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Debt Allocation: 0% to 40% in money market instruments and others.
The fund will focus on key sectors that form the backbone of India’s next-generation consumption ecosystem:
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Digital & Tech: E-commerce and Fintech.
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Consumer Segments: Automobiles, Consumer Services, and Consumer Durables.
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Infrastructure & Utilities: Financial Services, Real Estate, Telecom, and Retail.
🏦 About Canara HSBC Life Insurance
Canara HSBC Life Insurance, a joint venture primarily promoted by Canara Bank and HSBC Insurance (Asia Pacific) with Punjab National Bank also holding a stake, operates through a bancassurance-led model. Incorporated in 2007, the company continues to leverage its extensive network of over 100 branches across the country to deliver innovative, customer-centric financial and insurance products.
#CanaraHSBCLife #NextGenConsumption #NFO #IndiaGrowthStory #ConsumptionFund #ULIP #InvestInIndia #NiftyNewAge
