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Bajaj Allianz Life Nifty 500 Multicap Momentum Quality 50 Index Fund for ULIP customers Chandigarh: Bajaj Allianz Life Insurance, one of India's leading private life insurer, today announced the launch of its new index based fund - Bajaj Allianz Life Nifty 500 Multicap Momentum Quality 50 Index Fund, which will be available along with its ULIP products. Along with a life cover, this new fund offers ULIP customers a unique opportunity to capitalize on the growth potential of multi-cap stocks with momentum and quality factors, to diversify their portfolios, and enjoy the benefits of an index-based investment approach. The Nifty…