Delhi, January 20, 2026: PNB MetLife India Insurance Company Limited (PNB MetLife), one of India’s leading life insurers, has launched an offering aimed at empowering customers with flexible, long-term financial planning through the PNB MetLife Dividend Leaders Index Fund (SFIN ULIF03916/01/26DIVIDENDFN117) along with ULIP Plans, which invests in high dividend yield companies. The fund has been introduced under PNB MetLife’s Goal Ensuring Multiplier-GEM (UIN: 117L133V08) and Smart Goal Ensuring Multiplier- Smart GEM (UIN: 117L139V02) products.
The fund is designed to deliver financial growth, support goal-oriented planning, and ensure wealth creation for the long term. The fund will be launched at an initial unit price of INR 10 during the New Fund launch period, commencing on 16th January. The first Net Asset Value (NAV) declaration is scheduled for 30th January.
Offered in partnership with Policybazaar, the fund is structured as a passive equity fund available through Unit Linked Insurance Plans (ULIPs) with the added benefit of life cover. Benchmarked against the BSE 500 Dividend Leaders 50 Index (Customised), it caters to customers who prefer a disciplined, passive approach to long-term equity investing. The fund is designed to help individuals build wealth steadily and consistently over time, supporting their journey toward financial and life security.
Key Features:
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- Reliability and track record: Invests in top 50 companies with a proven track record of consistent dividend payouts
- Profitability and cash flow focus: Focuses on profitable, free cash flow generating companies across large-cap, mid-cap, and small-cap segments
- Systematic Wealth Growth: Regular income generated from dividends is reinvested back into the same companies to build a strong portfolio over time
- Life Cover: Provides essential financial protection with inbuilt life cover
Speaking on the fund launch, Sameer Bansal, MD & CEO, PNB MetLife, said:
“Our goal is to help customers build long-term financial security through the powerful combination of life insurance security and equity growth. This fund focuses on companies with a strong history of rewarding shareholders, to keep financial planning simple and future ready.”
The index which PNB MetLife Dividend Leaders Index Fund aims to replicate, identifies the top 50 companies from BSE 500, based on their dividend track record across key sectors such as energy, technology, commodities, and utilities. In line with regulatory norms, the fund will allocate 60–100% of its assets to equities that form part of the benchmark index, while up to 40% will be invested in money market instruments to ensure liquidity.
