PNB MetLife is introducing the Pension Premier Multi-Cap Fund, a New Fund Offer (NFO) launching on April 1st, 2025. This actively managed fund aims for high growth by investing across large, mid, and small-cap Indian equities, capitalizing on India's consumption and manufacturing sectors. The fund offers flexibility in asset allocation between equities and money market instruments.
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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 PNB MetLife Pension Premier Multicap Fund?
The PNB MetLife Pension Premier Multicap Fund is a New Fund Offer (NFO) from PNB MetLife, launching on April 1st, 2025, with NAV allocation on April 15th, 2025. The fund aims to provide potentially higher returns through a flexible investment strategy that invests across large-cap, mid-cap, and small-cap equities. It is actively managed by an expert and allows for self-switching between equities and debt. The fund also has the flexibility to invest in debt instruments, cash, money market instruments, and bank deposits, with an allocation range of 0-40%. The equity allocation can range from 60-100% across all market capitalizations. This flexi-cap approach means there is no capping on investment in any specific market cap, providing the fund manager with 100% flexibility to overweight large, mid, or small-cap stocks.
Highlights of PNB MetLife Pension Premier Multicap Fund
Particulars
Details
Benchmark Index Returns
5-Year Returns: 22.4% p.a.
Risk Profile
High
NFO Launch Date
1st April 2025
NFO Duration
1st April 2025 to 15th April 2025
Current NAV
₹10
Minimum Investment
₹2,000 per month
Key highlights of PNB MetLife
A presence with 155 offices across India.
A high claim paid percentage of 99.2%.
Over Rs. 50,000 crore in Assets Under Management.
99% of PMLI Funds are rated as 4/5 Star by Morningstar.
Features of Pension Premier Multi-Cap Fund
Below are the features of Pension Premier Multi-Cap Fund:
Flexibility in asset allocation, ranging from 60-100% in equities across large, mid, and small caps, and 0-40% in debt and money market instruments.
A focus on investing in the India growth story, driven by consumption and manufacturing.
Investment in sectors with potential growth, including FMCG, retail & e-commerce, consumer durables & electronics, food & beverages, fashion, telecom & internet, healthcare, entertainment & media (Consumer Sectors), and automobile, infrastructure, renewable energy, construction & defence, chemicals, and pharmaceuticals (Manufacturing Sectors).
The fund is based on the success of the Premiere Multi-Cap Fund, which was launched on March 21, 2018, and has delivered a return since inception of 18.2% and 5-year returns of 22.4%.
The fund will be managed by Shashi Kant Wavhal, who has 20+ years of industry experience and also managed the previous Premiere Multi-Cap Fund.
The fund management charge (FMC) is 1.35%.
Reasons Why You Should Consider Investing in PNB MetLife Pension Premier MultiCap Fund
Investing in the PNB MetLife Pension Premier Multicap Fund could be considered for the following reasons:
Exposure to India's Growth Story: The fund aims to capitalize on India's position as the fastest-growing economy, driven by consumption and manufacturing. Government initiatives like "Make in India," "Startup India," and "Production Linked Incentives" are expected to boost production. Favorable demographics, a large and skilled workforce, cost advantages, and internal and external demand further support this growth.
Potential for High Growth: By investing in mid and small-cap stocks, the fund aims to tap into growing companies with the potential for disruptive growth and higher returns. Historical data shows that mid and small caps have, at times, outperformed large caps, although market winners keep changing.
Risk Optimization through Diversification: The fund invests across large-cap (Top 100 stocks), mid-cap (Next 150 stocks), and small-cap (Next 250 stocks), providing diversification. Large-cap stocks can help optimize risk due to their status as market leaders with lower volatility and stable growth.
Active Management by Experts: The fund is actively managed by an expert who can make strategic allocation decisions across market caps, which is highlighted as important given the difficulty of timely self-switching between equities and debt. The fund manager, Shashi Kant Wavhal, has a strong track record with over 20 years of experience and managed the successful Premiere Multi-Cap Fund.
Robust Track Record of Existing Fund: The Premiere Multi-Cap Fund has demonstrated consistently superior returns compared to the benchmark S&P BSE 500. Its strong return since inception (18.2%) and 5-year returns (22.4%) indicate the potential for this new fund.
Flexibility to Adapt to Market Conditions: The flexible asset allocation allows the fund manager to adjust the portfolio based on prevailing market conditions, potentially maximizing returns and managing risk effectively by varying exposure to different market caps and debt.
How Does Investing in the Pension Premier Multi-Cap Fund Align With India's Growth Story?
The Pension Premier Multi-Cap Fund is strategically positioned to benefit from India's economic growth by focusing its investments in Consumption and Manufacturing focused sectors. These sectors are highlighted as key Pillars of Growth, driven by factors like a young population, increasing internal demand, government initiatives like "Make in India," and a favorable business environment. By investing in companies within these sectors, the fund aims to capitalize on India's potential to become the "Fastest Growing Economy" and achieve a US $1 trillion potential in production. The emphasis on "Invest in India & Grow with India" underscores the fund's alignment with the country's long-term economic trajectory.
How To Buy PNB MetLife Pension Premier MultiCap Fund From Policybazaar?
To buy the PNB MetLife Pension Premier MultiCap 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.
Step 2: You can also visit the plans just by clicking view plans below
Step 3: Once logged in, you'll be prompted to fill in your city, age, and annual income in the provided form. This information will be used to check the personalised benefits of the plans.
Step 4: After providing your personal information, you'll be presented with PNB MetLife Pension Plans on a blue and red card. Select the PNB MetLife Pension Premier MultiCap Fund option that best suits your needs.
Step 5: In the PNB MetLife Pension Premier MultiCap 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 Pension Premier MultiCap Fund From Policybazaar?
Investing via Policybazaar provides various advantages, including:
Ease of Access: Invest digitally in the PNB MetLife Pension Premier MultiCap Fund without the hassle of visiting banks or agents.
Plan Comparison: Evaluate various investment plans, including the latest funds, to make well-informed choices and secure competitive deals.
Professional Support: Benefit from expert advice to choose the NFO plan that aligns with your financial goals and requirements.
Tax Savings: Enjoy tax benefits under Section 80C and Section 10(10D) of the Income Tax Act by investing through Policybazaar.
FAQs
What is the investment strategy of the PNB MetLife Pension Premier Multi-Cap Fund?
The PNB MetLife Pension Premier Multi-Cap Fund follows an actively managed approach that invests across all market capitalizations: Large Caps (Top 100 Stocks), Mid Caps (Next 150 Stocks), and Small Caps (Next 250 Stocks). This flexible allocation allows the fund manager to adjust the portfolio based on market opportunities, with 100% flexibility to go overweight on any market cap. The fund also focuses on Consumption and Manufacturing focused sectors in India, which are seen as key drivers of GDP growth.
How is the asset allocation managed in the Pension Premier Multi-Cap Fund?
The fund has a flexible Asset Allocation Range of 60-100% in Equities (Large, Mid & Small caps) and 0-40% in Cash / Money Market instruments. There is no capping on any market cap. The fund can also take up to 40% exposure to cash, short duration liquid funds & Bank deposits, providing liquidity and the potential to capitalize on debt market opportunities.
What are the potential benefits of investing in the PNB MetLife Pension Premier Multi-Cap Fund?
Investing in this fund offers several potential benefits, including:
Diversification: By investing across large, mid, and small-cap stocks, the fund aims to reduce concentration risk.
High Growth Potential: Exposure to mid and small-cap companies offers the potential for higher returns due to their growth-oriented nature.
Risk Optimization: The inclusion of large-cap stocks, which are typically market leaders with lower volatility, helps to stabilize the portfolio.
Flexibility: The fund's flexible asset allocation allows it to adapt to changing market conditions and potentially deliver better returns.
Focus on India's Growth Story: The fund strategically invests in the consumption and manufacturing sectors, aiming to benefit from India's economic growth.
Experienced Fund Management: The fund will be managed by Shashi Kant Wavhal, who has over 20 years of industry experience.
˜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 01-04-2025 *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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