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<h1>Axis Max Life launches an insurance-backed BSE 500 Value 50 Index Pension Fund targeting value-driven retirement savings.</h1> Axis Max Life launched the Axis Max Life BSE 500 Value 50 Index Pension Fund within its Forever Young Unit-Linked Pension Plan (UIN: 104L075V08). The passively managed fund tracks the BSE 500 Enhanced Value 50 Index, selects 50 stocks by value scores using Book-to-Price, Earnings-to-Price, and Sales-to-Price ratios after liquidity filters, is reconstituted quarterly, and maintains a minimum 80% equity exposure with sector diversification to reduce concentration risk.