PNB MetLife Mid Cap Fund

Equity Fund
High Risk
Last Updated: 28 Jan 2026
AUM: ₹1186 Cr
Assets under management (AUM) is the total market value of the investments that a person or entity manages on behalf of clients. Assets under management definitions and formulas vary by company.
NAV: ₹42.15
1.96%
NAV, or Net Asset Value, is the value of an investment fund’s assets minus its liabilities. It is calculated by dividing the total value of the fund’s assets by the number of outstanding shares. It is used as an indicator of a fund’s performance and can be compared to its previous NAVs.
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34.5% Annual returns
Mid Cap Fund
Performance Graph
As on 28 Jan 2026 
| Data Source - Value research
Fund Definition: To provide long term capital appreciation from an actively managed portfolio of diversified stocks from the midcap segment of the market

Returns (as on 28 Jan 2026)

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About PNB MetLife Mid Cap Fund

PNB MetLife Mid Cap Fund is a Equity Fund launched on 21-03-2018, designed to offer long-term capital growth by investing in a mix of high-quality assets. The fund currently manages an AUM of over ₹1186 Cr, with a Net Asset Value (NAV) of ₹42.15 (as of 28 Jan 2026).

Over time, PNB MetLife Mid Cap Fund has shown stable growth with 5.9% return in the last 1 year, 16.43 % CAGR over 3 years, 34.5 % CAGR over 5 years. For longer horizons, it has delivered 23.2 % CAGR over 7 years, Return Since Inception (RSI) of 22.1%, highlighting its consistent performance track record.

Highlights of PNB MetLife Mid Cap Fund

  • It is benchmarked against the S&P BSE Mid Cap, which delivered 21.16% in the same period.
  • The fund maintains a strong allocation with Equity holding: 94.5%, ideal for long-term growth.
  • Major sector exposure includes Others holding: 77.5%, Financial holding: 7.9%, Communication holding: 3.8%, offering Conservative diversification.
  • PNB MetLife Mid Cap Fund has delivered 5.9% returns in the past 1 year, with a 3-year CAGR of 16.43% and a 5-year CAGR of 34.5%.
  • Since its launch on 21-03-2018, PNB MetLife Mid Cap Fund has achieved a Return Since Inception (RSI) of 22.1%.
  • Managed by PNB MetLife, PNB MetLife Mid Cap Fund is designed for investors seeking Conservative returns with moderate risk exposure.

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₹1,186 Cr 5.9% Get Details
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₹591 Cr 3.75% Get Details
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₹582 Cr 6.99% Get Details
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Asset Allocation
Equity holding
Cash holding

Top 10 Equity Fund

Fund name
Returns
YTD% 3Y 5Y 10Y
PNB MetLife Mid Cap Fund 16.43% 34.5% Get Details
PNB MetLife Pension Mid Cap Fund 25.1% 31.41% 18.41% Get Details
Axis Max Life High Growth Fund 26.77% 29.43% 18.4% Get Details
Tata AIA Life Multi Cap Fund 20.17% 29% 21.21% Get Details
HDFC Life Discovery Fund 23.09% 28% Get Details
Tata AIA Life Top 200 Fund 22.14% 27.3% 17.9% Get Details
Canara HSBC Life Emerging Leaders Equity Fund 24.74% 23.1% Get Details
Tata AIA Life Whole Life Mid Cap Equity 24.57% 20.91% 18.36% Get Details
Tata AIA Life India Consumption Fund 23% 20.9% 20.5% Get Details
Bandhan Life Opportunity Fund 18.04% 20.89% Get Details
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Sector Allocation
Others
77.5%
Financial
7.9%
Communication
3.8%
Services
3.3%
Metals & Mining
2.1%
Technology
2.1%
Automobile
1.9%
Energy
1.8%
Consumer Discretionary
1.8%
Capital Goods
1.8%
Materials
1.5%
Consumer Staples
1.4%
Construction
1.4%
Healthcare
1.4%
View more

AUM (Assets under management)
Equity:
₹1,121 Cr
Cash:
₹65 Cr
Fund Manager(s)
Amit Shah

Oversees a broad portfolio of equity, debt and balanced funds, demonstrating expertise across diverse investment strategies

Peer Comparison

  • Overview
  • Returns
Fund name AUM sort icon 1Y sort icon
SBI Life Equity Fund ₹83,975 Cr 6.72% Get Details
SBI Life Midcap Fund ₹52,995 Cr 12.61% Get Details
ICICI Prudential Life Maximiser Fund V ₹50,571 Cr 11.98% Get Details
HDFC Life Opportunities Fund ₹36,263 Cr 9.59% Get Details
SBI Life Bond Pension II ₹29,479 Cr 4.41% Get Details
SBI Life Balanced Fund ₹22,084 Cr 7.45% Get Details
ICICI Prudential Life Multi Cap Growth Fund ₹18,521 Cr 10.99% Get Details
SBI Life Bond Fund ₹17,457 Cr 5.19% Get Details
Kotak Mahindra OM Life Classic Opportunities Fund ₹13,777 Cr 11.13% Get Details
Axis Max Life Growth Super Fund ₹12,943 Cr 9.27% Get Details
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Fund name
Returns
YTD% 3Y 5Y 10Y
SBI Life Equity Fund 13.55% 12.84% 12.63% Get Details
SBI Life Midcap Fund 23.39% 20.87% Get Details
ICICI Prudential Life Maximiser Fund V 13.88% 14.23% 12.5% Get Details
HDFC Life Opportunities Fund 19.35% 19.5% 15.9% Get Details
SBI Life Bond Pension II 6.75% 5% 6.52% Get Details
SBI Life Balanced Fund 10.2% 9.17% 10.33% Get Details
ICICI Prudential Life Multi Cap Growth Fund 16.78% 14.61% 11.98% Get Details
SBI Life Bond Fund 7.03% 5.22% 6.89% Get Details
Kotak Mahindra OM Life Classic Opportunities Fund 16.03% 14.76% 14.2% Get Details
Axis Max Life Growth Super Fund 14.64% 13.25% 13.73% Get Details
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Invest in a Ulip Plan Today and Watch Your Money Grow Invest in a Ulip Plan Today and Watch Your Money Grow

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Fund name
Returns
YTD% 3Y 5Y 10Y
Aviva Pension PSU Fund 3.99% 31.97% 32.43% 17.46% Get Details
Aviva PSU 3.94% 31.21% 31.83% 17.11% Get Details
Axis Max Life High Growth Fund 26.77% 29.43% 18.4% Get Details
Tata AIA Life Multi Cap Fund 20.17% 29% 21.21% Get Details
HDFC Life Discovery Fund 23.09% 28% Get Details
Tata AIA Life Top 200 Fund 22.14% 27.3% 17.9% Get Details
Reliance Pension Energy Fund 2 23.98% 24.53% 17.11% Get Details
Reliance Life Energy Fund 2 23.58% 24.45% 17.04% Get Details
Reliance Life Energy Fund 1 23.95% 24.43% 16.95% Get Details
Canara HSBC Life Emerging Leaders Equity Fund 24.74% 23.1% Get Details
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Funds with High Returns (Past 7 Years)
Opportunities Fund
15.9%
Opportunities Fund
Tata AIA Life Whole Life Mid Cap Equity
18.36%
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14.55%
Accelerator Mid-Cap Fund II
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Frequently Asked Questions
PNB MetLife Mid Cap Fund
PNB MetLife Mid Cap Fund is a Equity Fund launched on 21-03-2018. It aims to provide long-term capital growth by investing in a diversified portfolio.
As of 28 Jan 2026, the Net Asset Value (NAV) of PNB MetLife Mid Cap Fund is ₹42.15.
PNB MetLife Mid Cap Fund is suitable for investors looking for moderate risk and stable long-term returns without full exposure to equity market volatility.
Mid Cap Fund is not Shariah-compliant.
PNB MetLife Mid Cap Fund has been in the market since 21-03-2018, providing a long and reliable performance history.

To provide long term capital appreciation from an actively managed portfolio of diversified stocks from the midcap segment of the market
Over the past year, PNB MetLife Mid Cap Fund has delivered a return of approximately 5.9% CAGR, making it a competitive performer.
PNB MetLife Mid Cap Fund is benchmarked against the S&P BSE Mid Cap, which delivered about 21.16% return in the same period. The fund has outperformed its benchmark in recent years.
The fund mainly invests in sectors like Others holding: 77.5%, Financial holding: 7.9%, Communication holding: 3.8%, which together form a major part of its portfolio allocation.
The fund primarily allocates 94.5% to Equity holding, making it Conservative in nature, depending on the fund's investment style.

View more FAQ's

*The Returns in ULIP plans are subject to market risk and are not guaranteed. The investment risk in the policy is borne by the policyholder. The actual returns can vary depending on the performance of the chosen fund, charges towards mortality, allocation, policy admin, cost of riders, etc. The 4% and 8% illustration is neither the minimum or maximum limit that you may get as a policyholder.

*The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale.

*The maturity amount of Rs 50 Lakhs. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 4% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product.

˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in

^Returns as on 10th Jan'25. 18% returns for Tata AIA Life Top 200 for the last 10 years.The past performance is not necessarily indicative of future performance. Source: Morningstar

++Source -: Google Review Rating available on: http://bit.ly/3J20bXZ

All Data Source: Value Research

TERMS AND CONDITIONS APPLY.For more details on risk factors, terms, and conditions, please read the sales brochure and benefit illustration carefully before concluding a sale.

Policybazaar is a registered Insurance Broker | Registration No. 742, Registration Code No. IRDA/ DB 797/ 19, Valid till 09/06/2024, License category- Direct Broker (Life & General) |CIN: U74999HR2014PTC053454 | Registered Office - Plot No.119, Sector - 44, Gurgaon, Haryana – 122001 |Visitors are hereby informed that their information submitted on the website may be shared with insurers. Product information is authentic and solely based on the information received from the insurers.©️ Copyright 2008-2026 policybazaar.com. All Rights Reserved

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