💨 Abstract
Star Union Dai-ichi Life Insurance Co. (SUD Life) launched the SUD Life MidCap Momentum Index Fund on January 7, 2025. This fund tracks the NIFTY MidCap 150 Momentum 50 Index, focusing on mid-cap companies with strong price momentum and growth potential. The fund aims to capitalize on the intersection of size premium and momentum factors in India's equity markets.
Courtesy: theprint.in
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