India, Dec. 25 -- ICICI Prudential Life Insurance Company Ltd has announced the launch of the ICICI Pru Sector Leaders Index Fund, a new offering under its suite of Unit Linked Insurance Plans (ULIPs). The fund aims to provide investors with a ready-made equity portfolio by giving exposure to leading companies across more than 20 key sectors of the Indian economy.

Designed for investors seeking a rule-based approach to equity investing, the new fund offers participation in market-leading firms without the need to pick individual stocks. It targets investors preferring a passive strategy and looking to build long-term, core equity exposure with wide sectoral diversification and a bias towards established market leaders.

The ICICI Pru Sec...