Jitendra EV Slashes Prices on JMT Model, Offers Free Insurance

19th October 2024, Nashik — Jitendra EV, a leading manufacturer in the electric vehicle industry, is thrilled to announce a significant price reduction on two of its flagship models, the JMT 1000 HS and JMT 1000 3K. This strategic move makes them more accessible than ever for all the valued customers.

These significant price cuts reflect Jitendra EV’s commitment to providing quality and affordability, allowing more riders to experience the thrill of owning a JMT Scooter.

To bolster its offering further and mark the beginning of the festive season, Jitendra EV is also providing Free Insurance for the JMT 1000 HS and the PRIMO S model. This ensures that customers enjoy not only considerable savings but also peace of mind on the road.

Mr. Samkit Shah, Co-Founder of Jitendra EV, said “We are committed to delivering exceptional products at competitive prices. This price drop reflects our dedication to customer satisfaction and belief that quality should be accessible. By making our electric vehicles more affordable, we aim to allow customers to experience the performance that sets us apart. These offers are part of our ongoing efforts to build strong relationships and ensure our customers receive the best value possible.”

This is an excellent opportunity for two-wheeler riders to own a high-quality scooter at an exceptional value. Visit your nearest Jitendra EV dealership today to take advantage of these timeless offers!

Tata AIA launches NIFTY Alpha 50 Index Fund with its Unit Linked Insurance Products

New Delhi, 24th September 2024: Tata AIA Life Insurance Co. Ltd. (Tata AIA), one of India’s leading life insurers, has introduced Tata AIA NIFTY Alpha 50 Index Fund through its unit linked insurance products, which is an open-ended New Fund Offering (NFO) with an alpha investing strategy to benefit from potential growth while securing their loved ones with the protection of a life insurance cover. The NFO will remain open until September 30th, 2024, with units offered at an NAV of Rs. 10 per unit during the NFO period.

The fund will focus on high performing stocks i.e. the top 50 performing stocks that constitute the Nifty Alpha 50 index.

Why consumers should invest in the NIFTY Alpha Index Fund:

  • It is a multi-cap market-linked investment fund, enabling policyholders to take exposure in high performing stocks that are part of different market cap segments.
  • It will replicate the performance of stocks listed on NSE and generating high alpha. This will allow policyholders with the opportunity to earn higher returns given the focus on benchmark beating stocks.
  • The fund will invest 80%-100% in Equity and Equity-related instruments, and 0%-20% in Cash and Money Market Securities. This will ensure a reasonable balance between returns and risk for the policyholders.

Commenting on the launch, Harshad PatilExecutive Vice President, and Chief Investment Officer (CIO) of Tata AIA said, “With India’s economy expanding multifold over the next few decades, the Indian equity market presents significant wealth creation opportunities. As a result, businesses will be able to grow their revenues, multiply their earnings, and provide policyholders with sustained returns. With Tata AIA NIFTY Alpha 50 Index Fund, our policyholders can capture market trends effectively by focusing on high performing stocks across market caps. We can thus provide consumers with long-term returns, apart from life cover and health benefits offered by our investment linked solutions. With Tata AIA Nifty Alpha 50 Index fund, our consumers can look forward to an exciting investment opportunity and a fikar-free life.