PNB MetLife launches Value Fund under ULIP category

PNB MetLife India Insurance Company has launched the PNB MetLife Value Fund, an actively managed equity fund as part of its Unit-Linked Insurance Plans (ULIPs).

The fund opened for subscription on July 15 and will close on July 28. During this subscription period, the initial Net Asset Value (NAV) is set at ₹10. After the window closes, investors will be able to purchase units at market-linked NAVs.

This fund follows a value investing strategy aimed at helping customers build long-term wealth while also providing life coverage. It plans to invest across various sectors, including energy, financial services, commodities, utilities, automobiles, construction materials, and chemicals.

The new fund is available through PNB MetLife’s existing ULIP offerings, which include Smart Goal Ensuring Multiplier, Goal Ensuring Multiplier, Smart Platinum Plus, Term with Unit Linked Insurance Plan, and Mera Wealth Plan.
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