Contact Us
For NRI Customers
(To Buy a Policy)
(If you're our existing customer)
For Online Policy Purchase
(New and Ongoing Applications)
Branch Locator
For Existing Customers
(Issued Policy)
Fund Performance Check
Login
Customers
Employees
Partner
Quick links
IN UNIT LINKED POLICIES, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER. ...Read More
new fund launch
Your personalized quote is being generated. Please wait…
What is New Fund Launch
A New Fund Launch, in the context of life insurance, refers to the introduction of a new fund option under a Unit Linked Life Insurance Policy. Policyholders who choose a Unit Linked Insurance Plan (ULIP) receive life insurance coverage along with the opportunity to allocate premiums to market‑linked fund options, subject to the terms and conditions of the respective product.
HDFC Life Top 200 Equal Weight Fund is a passively managed Unit Linked equity fund option that aims to generate long‑term capital appreciation by investing in a diversified portfolio of equity and equity‑related securities aligned to the BSE 200 Equal Weight Index, subject to applicable regulatory requirements. The fund may use derivative instruments and other permitted equity instruments to calibrate risks in the portfolio.
What is HDFC Life Top 200 Equal Weight Fund?
HDFC Life Top 200 Equal Weight Fund is a passively managed Unit Linked equity fund option. It aims to generate long-term capital appreciation by investing in a diversified portfolio of equity and equity-related securities aligned to the BSE 200 Equal Weight Index, subject to applicable regulatory requirements.
What is the objective of HDFC Life Top 200 Equal Weight Fund
The Fund aims to generate long-term capital appreciation by investing in a diversified portfolio of equity and equity-related securities aligned to the BSE 200 Equal Weight Index, subject to applicable regulatory requirements. The fund may use derivative instruments or other permitted equity instruments to calibrate risks in the portfolio.
Investment Strategy
The fund follows a passive investment approach and seeks to remain aligned to the BSE 200 Equal Weight Index. The benchmark assigns approximately equal weight to 200 constituents at rebalancing, reducing dependence on a few large companies. The fund may not replicate benchmark returns exactly because of permitted investments, expenses, charges, cash holdings, liquidity and execution timing.
Top 200 Equal Weight Fund Fund Highlights
Particulars |
Details |
Fund Name |
HDFC Life Top 200 Equal Weight Fund |
SFIN |
ULIF09216/09/26T200EqWtFd101 |
Fund Type |
Passively managed Unit Linked equity fund option |
Benchmark |
|
Benchmark Allocation |
100% |
Risk Level |
Very High |
Rebalancing Frequency of Benchmark |
Semiannually in June and December |
*Customized benchmark.
Investment Universe and Asset Class Limits
Asset Allocation |
Range |
Equity and equity-related securities* |
80% - 100% |
Money Market and Liquid Mutual Funds |
0% - 20% |
Government and Corporate Bonds |
0% - 20% |
*May include Equity ETFs, equity derivatives and any other equity instrument permitted under applicable regulations
Eligible HDFC Life ULIP Products
- HDFC Life Smart Protect Plus (UIN: 101L187V04)
A Unit Linked Non-Participating Individual Life Insurance Savings Plan. Life Insurance Coverage is available in this product. - HDFC Life Sampoorn Nivesh Plus (UIN: 101L180V01)
A Unit Linked Non-Participating Individual Life Insurance Savings Plan. Life Insurance Coverage is available in this product. - HDFC Life Click 2 Wealth (UIN: 101L133V03)
A Unit Linked Non-Participating Individual Life Insurance Savings Plan. Life Insurance Coverage is available in this product. - HDFC Life Click 2 Invest Plus (UIN: 101L191V02)
A Unit Linked Non-Participating Individual Life Insurance Savings Plan. Life Insurance Coverage is available in this product.
Key Features of Top 200 Equal Weight Fund
Equal-weight exposure
Approximately equal weight is assigned to each benchmark constituent at rebalancing.
Broad participation
The benchmark contains 200 companies and provides participation across multiple sectors.
Passive approach
The fund seeks to remain aligned to the benchmark, subject to its mandate and execution considerations.
Periodic rebalancing
The benchmark is rebalanced semiannually in June and December.
Life insurance coverage
The fund is available through eligible HDFC Life Unit Linked Insurance Products, subject to product terms.
Portfolio Construction
- Stocks forming part of the BSE 200 Index at review are eligible.
- All eligible constituents are included without additional factor-based ranking.
- Each constituent receives approximately equal weight at rebalancing.
- The index is rebalanced in June and December to restore equal weights.
- Weights may move away from equality between rebalancing dates because of market movements.
Benchmark Historical Return Data
Period |
BSE 200 Equal Weight Total Return Index |
1 Year |
8.38% |
3 Years |
16.91% p.a. |
5 Years |
16.00% p.a. |
10 Years |
15.74% p.a. |
Data as of 31 July 2026. Returns exceeding one year are annualised. These are benchmark returns and not returns of HDFC Life Top 200 Equal Weight Fund.
Source: https://www.bseindices.com/Downloads/Factsheet/Factsheet_BSE200EQUALWEIGHT_Jul2026.pdf
The index was launched on 27 September 2024. Information before launch is back-tested and hypothetical. Past performance is not indicative of future performance.
Benchmark Sector Allocation
Sector |
Weight |
Financial Services |
23.13% |
Consumer Discretionary |
22.20% |
Industrials |
10.39% |
Commodities |
10.14% |
Healthcare |
8.24% |
Fast Moving Consumer Goods |
6.12% |
Information Technology |
5.68% |
Energy |
4.77% |
Utilities |
4.63% |
Services |
2.35% |
Telecommunication |
2.33% |
Point-in-time data as of 31 July 2026. Sector weights may change.
Source: https://www.bseindices.com/Downloads/Factsheet/Factsheet_BSE200EQUALWEIGHT_Jul2026.pdf
Who May Consider This Fund?
This fund may be considered by policyholders with a long-term investment horizon, a high to very high risk appetite and an understanding of equity-market volatility. It is not suitable for policyholders seeking guaranteed returns, regular income or short-term liquidity.
Key Risks of Top 200 Equal Weight Fund
Market risk: Equity markets may fluctuate significantly.
Equal-weight strategy risk: The strategy may underperform when a small number of large companies lead the market.
Rebalancing risk: Periodic rebalancing may result in turnover and transaction-related impact.
Mid-cap and stock risk: Equal weighting can increase relative exposure to smaller constituents compared with a market-cap-weighted index.
Tracking-difference risk: Fund returns may differ from benchmark returns.
Liquidity and lock-in risk: Linked insurance products do not offer liquidity during the first five years.
Back-tested data limitation: Pre-launch index history is hypothetical.
Applicable Charges under the Eligible ULIP Products
HDFC Life Top 200 Equal Weight Fund is available as a fund option under eligible HDFC Life Unit Linked Insurance Products. The charges applicable under the policy depend on the selected product, benefit option, premium, age, policy term, premium payment term and other applicable policy conditions.
- Premium Allocation Charge: A charge deducted from the premium before the remaining amount is allocated to the selected fund or funds.
- Policy Administration Charge: A charge towards administering and maintaining the policy. Where applicable, this may be recovered through cancellation of units at the prevailing NAV.
- Fund Management Charge: A charge for managing the investment fund. This is adjusted while calculating the NAV of the fund.
- Mortality Charge: A charge for providing life insurance coverage. It may depend on the age, sum at risk, selected benefit option and other underwriting factors and is generally recovered through cancellation of units.
- Discontinuance Charge: A charge that may apply when the policy is discontinued during the mandatory lock-in period, subject to applicable regulatory limits.
- Switching Charge: A charge that may apply for moving units from one fund to another after the available free switches, if any, have been used.
- Premium Redirection Charge: A charge that may apply when the allocation of future premiums between funds is changed.
- Partial Withdrawal Charge: A charge that may apply to partial withdrawals made after the mandatory lock-in period.
- Miscellaneous Charge: A charge that may apply for specified policy alterations or servicing requests.
- Rider Charge: A charge applicable when an optional rider is selected, based on the rider coverage and applicable terms.
- Taxes and Statutory Levies: Applicable taxes and statutory levies may be collected in accordance with prevailing laws.
The following charges may apply depending on the selected ULIP product:
The applicable charge rates, method of deduction and maximum permissible limits vary across the eligible ULIP products. Please refer to the applicable product brochure, customised benefit illustration and policy document:
Frequently Asked Questions
We’ll tell you everything you need to know about HDFC Life Click 2 Invest Plus
What is HDFC Life Top 200 Equal Weight Fund?
It is a passively managed Unit Linked equity fund option aligned to the BSE 200 Equal Weight Index.
What is the SFIN?
ULIF09216/09/26T200EqWtFd101.
What is the benchmark?
BSE 200 Equal Weight Index, with 100% benchmark allocation. It is a customized benchmark.
What is the risk level?
Very High.
How much can the fund invest in equities?
80% to 100% in equity and equity-related securities, subject to the mandate.
What does equal weight mean?
Each benchmark constituent receives approximately the same weight at rebalancing.
How often is the benchmark rebalanced?
Semiannually in June and December.
Are returns guaranteed?
No. The fund is market-linked and does not provide assured or guaranteed returns.
Are benchmark returns fund returns?
No. Benchmark data is not fund performance. Fund returns may differ.
Is life cover available?
Life insurance coverage is available under the eligible ULIP product, subject to its terms.
Can money be withdrawn during the first five years?
No. Linked insurance products do not offer liquidity during the first five years.
In unit linked policies, the investment risk in the investment portfolio is borne by the policyholder. The Unit Linked Insurance Products do not offer any liquidity during the first five years of the contract. The policyholders will not be able to surrender or withdraw the monies invested in Unit Linked Insurance Products completely or partially till the end of the fifth year. The name of the company, name of the brand and name of the contract does not in any way indicate the quality of the contract, its future prospects or returns.
Unit Linked Funds are subject to market risks and there is no assurance or guarantee that the objective of the investment fund will be achieved.
Unit Linked Insurance Products are different from traditional insurance products and are subject to risk factors. The premium paid in Unit Linked Life Insurance Policies is subject to investment risks associated with capital markets. The NAVs of the units may go up or down based on the performance of the fund and factors influencing the capital market, and the insured/policyholder is responsible for his/her decisions. Please know the associated risks and applicable charges from your insurance agent, intermediary or the policy document of the insurer. The various funds offered under the contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects or returns.
HDFC Life Smart Protect Plus (UIN: 101L187V03) is a Unit Linked Non-Participating Individual Life Insurance Savings Plan. Life Insurance Coverage is available in this product.
HDFC Life SampoornNivesh Plus (UIN: 101L180V01) is a Unit Linked Non-Participating Individual Life Insurance Savings Plan. Life Insurance Coverage is available in this product.
HDFC Life Click 2 Wealth (UIN: 101L133V03) is a Unit Linked Non-Participating Individual Life Insurance Savings Plan. Life Insurance Coverage is available in this product.
HDFC Life Click 2 Invest Plus (UIN: 101L191V02) is a Unit Linked Non-Participating Individual Life Insurance Savings Plan. Life Insurance Coverage is available in this product.
HDFC Life Top 200 Equal Weight Fund (SFIN: ULIF09216/09/26T200EqWtFd101) is benchmarked to the BSE 200 Equal Weight Index*. The benchmark return data mentioned in this material is index data and is not indicative of returns of HDFC Life Top 200 Equal Weight Fund.
*Customized benchmark.
The BSE 200 Equal Weight Index was launched on 27 September 2024. Information for periods before the launch date is back-tested and hypothetical, not actual live index performance. Past performance is not indicative of future performance.
Historical index performance is not the performance of HDFC Life Top 200 Equal Weight Fund or any HDFC Life Unit Linked Insurance Product. Fund returns may differ from the benchmark due to asset allocation, expenses, charges, cash holdings, execution timing and other factors.
Tax benefits may be available as per prevailing tax laws. Tax laws are subject to change. Please consult your tax advisor.
Sources of information:
BSE 200 Equal Weight Index Factsheet, July 2026: https://www.bseindices.com/Downloads/Factsheet/Factsheet_BSE200EQUALWEIGHT_Jul2026.pdf
BSE Indices Methodology: https://www.bseindices.com/Downloads/BSE_Indices_Methodology.pdf
ARN: ED/08/26/38119
