PNB MetLife launches pension multicap fund with Policybazaar

It will be open for subscription from 1 to 15 April at a NAV of ₹10.

PMB MetLife India Insurance has introduced the Pension Premier Multicap Fund under its Unit-Linked Insurance Plans (ULIPs), aimed at supporting customers in building retirement savings. 

The fund, launched in collaboration with Policybazaar, will be open for subscription from 1 to 15 April at an initial Net Asset Value (NAV) of $0.12 (₹10). After this period, it will be priced according to market value.

The fund is available with the PNB MetLife Smart Invest Pension Plan, which combines retirement corpus building with life insurance coverage.

The Pension Premier Multicap Fund uses PNB MetLife’s multicap strategy to invest in a diversified portfolio.