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      Question

      Which index is the passive fund linked to under the

      Promise4Wealth ULIP launched by Canara HSBC Life Insurance?
      A Nifty 50 Correct Answer Incorrect Answer
      B BSE Sensex Correct Answer Incorrect Answer
      C BSE 500 Enhanced Value 50 Index Correct Answer Incorrect Answer
      D Nifty Next 50 Correct Answer Incorrect Answer
      E BSE MidCap Index Correct Answer Incorrect Answer

      Solution

      Canara HSBC Life Insurance launched ‘Promise4Wealth’ in April 2026, a next-generation Unit Linked Insurance Plan (ULIP). Policyholders will have access to various funds, including a passive fund linked to the Bombay Stock Exchange (BSE) 500 Enhanced Value 50 Index. The product offers zero premium allocation charge and features three plan variants: Promise4Wealth Maximiser, Promise4Wealth Shield, and Promise4Wealth Long Life.

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