<h1>Insurer launches two sector-leader ULIP funds with ?10 NFO NAV, 80-100% equity, GST charges exempted</h1> An Indian life insurer launched two unit-linked sector-leader funds-a Sector Leaders Index Fund and a Sector Leaders Index Pension Fund-offered at an initial NAV of ?10 during the NFO ending 22 September 2025, with fund charges exempted from GST under a new norm effective the same date. Both funds track a customised sector-leaders index, target 80-100% equity exposure, and will be available within the insurer's ULIP and pension solutions, combining equity-based long-term capital appreciation with life-insurance cover for policyholders; past performance and ratings were highlighted but not guaranteed.