PNB MetLife Unveils Pension Dividend Leaders Index Fund for Retirement Savings

• PNB MetLife launches Pension Dividend Leaders Index Fund and unit-linked pension product.
• Fund replicates an index of companies with a record of regular dividend payments, targeting long-term retirement savings.
• Offered via PNB MetLife Smart Invest Pension Plan Pro, it tracks the BSE 500 Dividend Leaders 50 Index (Customised).
• NFO period: April 1 to April 19, with an initial NAV of ₹10 per unit; first NAV declared April 20.
• Includes a life insurance component offering a death benefit while premiums are maintained.