PNB Metlife is introducing the NIFTY 500 Momentum 50 Index Fund with a NAV of ₹10 during its New Fund Offer (NFO) period from February 15th to 28th, 2025. This flexi-cap index fund invests in the top 50 stocks from a pool of large, mid, and small-cap companies, selected based on their recent performance and momentum. The fund's methodology focuses on identifying and including stocks with strong recent performance while rebalancing semi-annually and the fund strategically allocates investments across different sectors, adapting to market cycles.
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Plans starting from₹1000/month
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Investment Plans
Generate wealthEarn 1 Cr# in maturity with Zero LTCG tax¶
Double tax savings^On premiums (under 80C) and on maturity (under 10(10D))
What is the PNB MetLife NIFTY 500 Momentum 50 Index Fund?
The PNB MetLife NIFTY 500 Momentum 50 Index Fund is a Flexi Cap Index Fund that invests in the top 50 stocks chosen from the NIFTY 500. The NIFTY 500 comprises 100 large-cap stocks, 150 mid-cap stocks, and 250 small-cap stocks. This fund operates on a passive index investment strategy, utilizing an AI-based approach without fund manager bias. The New Fund Offer (NFO) starts from February 15th to February 28th, 2024, with a Net Asset Value (NAV) of ₹10 during this period.
Highlights of PNB MetLife NIFTY 500 Momentum 50 Index Fund
Particulars
Details
Benchmark Index
NIFTY 500 Momentum 50 Index
Benchmark Index Returns
10-Year Returns: 22.1% p.a.
Risk Profile
High
NFO Launch Date
15th February 2025
NFO Duration
15th to 28th February 2025
Current NAV
₹10
Minimum Investment
₹2,100 per month
Reasons Why You Should Invest in PNB MetLife NIFTY 500 Momentum 50 Index Fund
Here are several reasons to consider investing in the PNB MetLife NIFTY 500 Momentum 50 Fund:
Flexi Cap Index Fund: The fund invests across large, mid, and small-cap stocks. This allows for automatic adjustments in allocation, increasing mid- and small-cap allocations during bull markets and large-cap allocations during bear markets.
AI-Based Investing: The fund uses an AI-based investment approach, removing fund manager bias.
Historical Performance: The NIFTY 500 Momentum 50 Index has demonstrated excellent historical returns, with a 5-year return of 29.8% and a 10-year return of 22.1%.
Stock Selection: The fund invests in the top-performing 50 stocks based on their last 6-month and 12-month returns.
What is the NIFTY 500 Momentum 50 Index Fund?
The NIFTY 500 Momentum 50 Index includes the top 500 stocks, encompassing 100 large-cap, 150 mid-cap, and 250 small-cap stocks. The best-performing 50 stocks are selected based on their returns over the last 6 and 12 months. The index is rebalanced semi-annually in June and December. This momentum strategy focuses on stocks that have performed well recently, with the expectation that they will continue to do so while removing stocks with poor returns or high volatility.
NIFTY 500 Momentum 50 Index Fund With Other Indices
Index Name
5-Year Return
10-Year Return
NIFTY 500 Momentum 50
29.8%
22.1%
NIFTY 500
19.2%
14%
NIFTY 50
15.6%
12.5%
NIFTY 100
16.4%
12.9%
NIFTY Midcap 150
28.3%
18.8%
NIFTY Smallcap 250
26.1%
15.2%
Sector Representation of the NIFTY 500 Momentum 50 Index Fund
The sector representation of the Nifty 500 Momentum 50 Index is as follows:
Sector
Weight (%)
Consumer Services
18.27%
Information Technology
17.11%
Healthcare
16.96%
Financial Services
14.31%
Consumer Durables
9.17%
Automobile and Auto Components
5.69%
Capital Goods
5.43%
Fast Moving Consumer Goods
4.10%
Chemicals
3.20%
Metals & Mining
2.14%
Oil, Gas & Consumable Fuels
1.21%
Services
0.89%
Realty
0.68%
Construction
0.65%
Construction Materials
0.21%
Companies of NIFTY 500 Momentum 50 Index Fund
How to Buy PNB MetLife NIFTY 500 Momentum 50 Index Fund from Policybazaar?
To buy the PNB MetLife NIFTY 500 Momentum 50 Index Fund from Policybazaar, follow these steps:
Step 1: Fill in your name and contact number in the form on this page to get started.
Note: Your details are kept confidential and will only be used to customize your benefits.
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Step 4: After providing your personal information, you'll be presented with PNB MetLife Investment Plans on a blue and red card. Select the PNB MetLife NIFTY 500 Momentum 50 Index Fund option that best suits your needs from the following options:
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Step 5: In the PNB MetLife NIFTY 500 Momentum 50 Index Fund, click the "Get Details" tab for more information.
You can also get FREE expert consultation; just click on the talk to an expert button.
Step 6: Review plan details carefully. Once satisfied, click on the "Proceed" button and follow the prompts on the screen to move forward with the purchase.
Step 7: You will be prompted to enter essential details and specify the amount you want to invest. Select the preferred payment method for your investment.
Step 8: Provide your required KYC (Know Your Customer) details. This step is essential for regulatory compliance.
Step 9: Complete the payment process. Upon successful payment, you will receive confirmation of your purchase.
What are the Benefits of Purchasing the PNB MetLife NIFTY 500 Momentum 50 Index Fund from Policybazaar?
Investing through Policybazaar offers a range of valuable benefits:
Convenience: Invest online in the PNB MetLife NIFTY 500 Momentum 50 Index Fund via Policybazaar to avoid physical bank or agent visits.
Comparison: Compare multiple investment plans, including new funds, to make informed decisions and find the best market deals.
Expert Guidance: Access financial experts who help select the right NFO plan based on your needs and goals.
Tax Benefits: Maximize tax advantages under Section 80C and Section 10(10D) of the Income Tax Act through investments with Policybazaar.
FAQs
How does the Nifty 500 Momentum 50 Index methodology work?
The index methodology involves several key steps:
Constituent Stocks: The index considers the top 500 stocks, including 100 large-cap, 150 mid-cap, and 250 small-cap stocks.
Stock Selection: The best-performing 50 stocks are chosen based on their returns over the past 6 and 12 months.
Rebalancing: The index is rebalanced semi-annually in June and December to ensure it reflects current market conditions.
Momentum Strategy: The strategy is based on the idea that stocks performing well recently may continue to do so, while those performing poorly may continue to struggle.
What impact do tax changes have on the Nifty 500 Momentum 50 Index?
Revisions in tax slabs under the new tax regime can offer substantial savings for Indian taxpayers, potentially leading to higher disposable income. This increased spending power can drive consumption and fuel India’s economic growth. Approximately 57% of sectors in the Nifty 500 Momentum 50 Index are expected to see a positive impact due to increased consumption.
What is the minimum investment amount required to invest in PNB MetLife NIFTY 500 Momentum 50 Index Fund?
The minimum investment amount is ₹ 2,100 per month. However, this may vary depending on the investment plan you choose.
How are stocks selected for the Nifty 500 Momentum 50 Index?
Eligibility: Stocks must be in the Nifty 500 index, meet trading criteria, and have sufficient liquidity.
Momentum Score: Each stock gets a "momentum score" based on its price performance over the past 6 and 12 months, adjusted for volatility.
Selection: The 50 stocks with the highest momentum scores are chosen for the index.
Weighting: Each stock's weight in the index is based on a combination of its momentum score and its free-float market capitalization (the value of shares available for public trading).
Rebalancing: The index is rebalanced every six months to ensure it continues to include stocks with high momentum.
What is the Nifty 500 Momentum 50 Index performance history?
Index Returns (%)
QTD
YTD
1 year
5 years
Since Inception
Price Returns
-13.07
-13.07
-1.39
25.02
21.75
Total Returns
-13.03
-13.03
-0.61
25.97
22.90
# QTD, YTD and 1-year returns are absolute returns. Returns for greater than one year are CAGR returns
˜Top 5 plans based on annualized premium, for bookings made in the first 6 months of FY 24-25. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in *Past 10 Year annualised returns as on 01-03-2025 *All savings plans are provided by the insurer as per the IRDAI approved insurance plan.
Tax benefit is subject to changes in tax laws. Standard T&C Apply
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs. **Returns are based on past 10 years' fund performance data (Fund Data Source: Value Research).
Generate wealthEarn 1 Cr# in maturity with Zero LTCG tax¶
Double tax savings^On premiums (under 80C) and on maturity (under 10(10D))
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