Axis Max Life Insurance has launched the BSE 500 Dividend Leaders 50 Index Fund, a passively managed equity fund tracking 50 high-dividend-yield companies from the BSE 500 across sectors such as energy, technology, commodities, and financial services.

Available through Axis Max Life’s ULIP plans from November 10–20, 2025, at an NAV of ₹10 per unit, the fund offers investors a transparent way to participate in India’s dividend-rich equity market.

According to Sachin Bajaj, Executive Vice President and Chief Investments Officer, the fund aims to deliver stable, long-term returns by focusing on financially resilient companies with strong dividend track records.

The launch expands Axis Max Life’s range of passive investment options, joining other factor-based funds like the BSE 500 Value 50, Nifty 500 Multi-Factor 50, and Sustainable Wealth 50 Index Funds.

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