PNB MetLife India Insurance has unveiled its new Pension Premier Multicap Fund under its Unit-Linked Insurance Plans (ULIPs), designed to help customers build their retirement savings. The fund, introduced in partnership with Policybazaar, will be available for subscription from April 1 to April 15, with an initial Net Asset Value (NAV) of ₹10 ($0.12). Following this subscription window, the NAV will be determined based on market performance.
This new offering is part of the PNB MetLife Smart Invest Pension Plan, which combines the benefits of retirement corpus accumulation with life insurance coverage. The Pension Premier Multicap Fund follows a multicap strategy, investing in a diversified portfolio to cater to various market segments.
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