DH NEWS SERVICE
Jammu\Srinagar, Oct 17
PNB MetLife India Insurance Company Limited (PNB MetLife), in collaboration with Policybazaar, has announced the launch of the Pension Consumption Fund under its Unit-Linked Insurance Plans (ULIPs).
The fund will be available at an initial unit price of INR 10 during the New Fund Offer (NFO) period. The NFO will run from 16th October to 31st October 2025. The units will be allotted on 31st October 2025.
With people living longer and traditional savings options evolving, planning for retirement has never been more important for long-term financial security. The Pension Consumption Fund is designed to help customers achieve financial independence in their golden years.
The fund focuses on the companies that benefit from India’s growing domestic consumption. It is designed to provide long-term capital growth through active and research-driven management. It invests in themes like rising incomes, urbanization, and digital adoption. Customers can invest in the Pension Consumption Fund through PNB MetLife ULIPs – PNB MetLife Smart Invest Pension Plan (UIN: 117L137V04) and PNB MetLife Smart Invest Pension Plan Pro (UIN: 117L138V03).
Sameer Bansal, MD & CEO, PNB MetLife, said, “Planning for retirement is one of the most important financial decisions our customers make. The Pension Consumption Fund is designed to help them build long-term wealth by investing in India’s growth story and harnessing equity-led opportunities. Through our collaboration with Policybazaar, we aim to make smart retirement investing simple, accessible, and rewarding for everyone.”
Sarbvir Singh, Joint Group CEO, PB Fintech, said, “Retirement planning today is about strategic investment to sustain one’s lifestyle over time. The Pension Consumption Fund captures India’s vibrant consumption potential, helping investors grow their retirement corpus through a disciplined, long-term approach. We are delighted to partner once again with PNB MetLife to make such solutions more accessible digitally.”
