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By submitting your details, you agree to PNB MetLife's Privacy Policy and authorize PNB MetLife and/or its authorized service providers to verify the above information and/or contact you to assist you with the policy purchase and/or servicing. You have the option to opt-out of this contact authorization by un-checking the box. The authorization provided by you herein will supersede all earlier authorizations/registrations made by you in this regard.
By submitting your details, you agree to PNB MetLife's Privacy Policy and authorize PNB MetLife and/or its authorized service providers to verify the above information and/or contact you to assist you with the policy purchase and/or servicing. You have the option to opt-out of this contact authorization by un-checking the box. The authorization provided by you herein will supersede all earlier authorizations/registrations made by you in this regard.
PNB MetLife Dividend Leaders Index Fund is an equity-oriented fund designed to provide exposure to companies that are part of the BSE 500 Dividend Leaders 50 Index. The index represents 50 companies selected from the broader BSE 500 universe based on their dividend yield and consistency, subject to defined eligibility and rebalancing criteria.
The fund follows a passive investment approach and seeks to replicate the composition of the BSE 500 Dividend Leaders 50 Index, subject to regulatory constraints. Its objective is to participate in the long-term growth potential of dividend-paying companies, while remaining fully exposed to equity market risks and volatility.
This fund will be available to existing and new policyholders through select ULIP Plans, such as PNB MetLife Smart Goal Ensuring Multiplier (UIN: 117L139V01). ULIPs combine life insurance cover with market-linked investment opportunities within a single plan structure.
The BSE 500 Dividend Leaders 50 Index is an equity index designed to select companies with a consistent history of dividend payments. These companies are selected from the BSE 500 Index, which represents a broad cross-section of the Indian equity market.
The index aims to capture companies that have demonstrated financial discipline through regular dividend distribution, while maintaining representation across multiple sectors of the economy.
The index follows a transparent, rules-based methodology:
This systematic approach removes discretionary stock selection and ensures the index remains aligned with its dividend-focused objective.
The investment objective of the PNB MetLife Dividend Leaders Index Fund is to generate long-term capital appreciation by replicating the BSE 500 Dividend Leaders 50 Index (customized) and to offer a life cover.
There is no assurance or guarantee that the investment objective of the fund will be achieved.
Dividend-oriented strategies focus on companies that return a portion of their profits to shareholders through dividends. Over time, such companies often exhibit certain common characteristics, including established business models, stable cash flows, and disciplined capital allocation.
By following a dividend-focused index, investors gain structured exposure to companies that have historically demonstrated a commitment to shareholder payouts. However, dividend payments are not guaranteed and may vary based on company performance and market conditions.
The PNB MetLife Dividend Leaders Index Fund may be considered by investors who:
Dividend-focused indices historically tend to show lower volatility during market corrections, making them relevant for investors seeking relatively stable equity participation.
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| Aspect | Dividend Leaders Index Fund | Growth-Oriented Equity Fund |
|---|---|---|
| Stock selection approach | Dividend-paying companies | Companies focused on earnings growth |
| Investment style | Passive, index-based | Active or growth-focused |
| Risk profile | Market-linked | Market-linked |
Both strategies are subject to equity market risks and are suited to different investment preferences and objectives.
| Fund Name | PNB MetLife Dividend Leaders Fund |
|---|---|
| Risk Profile | Very High |
| Stock Universe | BSE 500 Index |
| Benchmark Index | BSE 500 Dividend Leaders 50 Index (Customised) |
| Investment Objective | The objective of the fund is to generate wealth over the medium to long-term by investing in equities Investment strategy and rationale: • To generate long-term capital appreciation by replicating the BSE 500 Dividend Leaders 50 Index (Customised). • The index selects top 50 companies in BSE 500 based on their dividend history. Some key sector represented in this index are Energy, Information Technology, Commodities and Utilities |
| Asset Allocation | Equities: Minimum 60% to Maximum 100% Money Market Instruments: Minimum 0% to Maximum 40% |
This fund follows a full replication strategy, meaning it invests in the same stocks and weights as the customised index, subject to operational constraints.
The fund adopts a passive investment strategy aimed at replicating the BSE 500 Dividend Leaders 50 Index (customised). Key elements of the strategy include:
This approach reduces reliance on active stock selection while maintaining consistency with the index methodology.
Price Return Index (PRI) measures only the price movement of constituent stocks and does not account for dividend income.
Total Return Index (TRI) includes both price movements and dividend income, assuming dividends are reinvested back into the index.
For dividend-focused strategies, the TRI provides a more comprehensive view of index performance, as it reflects the impact of dividend distributions over time.
| Indices | 1 Year | 3 Years (CAGR) | 5 Years(CAGR) | 10 Years(CAGR) |
|---|---|---|---|---|
| BSE 500 Dividend Leaders 50 (TRI) | 7.18% | 33.69% | 30.65% | 19.00% |
| BSE 500 Dividend Leaders 50 (PRI) | 3.24% | 28.20% | 24.32% | 13.73% |
| Difference (TRI – PRI) | 3.94% | 5.49% | 6.33% | 5.27% |
| Period | BSE 500 Dividend Leaders 50 Index (TRI) | BSE 500 Index (PRI) | BSE Sensex Index (PRI) |
|---|---|---|---|
| 10 Years | 19.00% | 13.41% | 12.55% |
| 5 Years | 30.65% | 15.39% | 12.28% |
| 3 Years | 33.69% | 15.02% | 11.89% |
| 1 Year | 7.18% | 6.41% | 9.06% |
(Historical performance data to be presented for reference only. Past performance is not indicative of future results.)
Let’s understand how your wealth would have grown with BSE 500 Dividend Leaders 50 Index
| Returns data as of 31st December 2025 | |
|---|---|
| CAGR returns as of 31st December 2025 | 5 Years |
| BSE 500 Dividend Leaders 50 Index Fund | 30.65%* |
| Investment made in BSE 500 Dividend Leaders 50 Index Fund | Value as of 31st December 2025 |
| Rs. 25,000 p.m. invested since 1st January 2016 | ₹ 95,99,247 |
| Rs. 20,000 p.m. invested since 1st January 2016 | ₹ 76,79,398 |
| Rs. 10,000 p.m. invested since 1st January 2016 | ₹ 38,39,699 |
| Rs. 5,000 p.m. invested since 1st January 2016 | ₹ 19,19,849 |
| One-Time Investment made in BSE 500 Dividend Leaders 50 Index Fund | Value as of 31st December 2025 |
| Rs. 1,00,000 invested on 1st January 2016 | ₹ 5,69,415 |
| Rs. 5,00,000 invested on 1st January 2016 | ₹ 28,47,077 |
| Rs. 10,00,000 invested on 1st January 2016 | ₹ 56,94,154 |
| Investment made in BSE 500 Dividend Leaders 50 Index Fund | Value as of 31st December 2025 |
| Rs. 1,00,000 p.a. investedsince 1st January 2021 | ₹ 11,36,421 |
| Rs. 2,50,000 p.a. invested since 1st January 2021 | ₹ 28,41,052 |
*The above returns are of the benchmark indices and are not indicative of returns of PNB MetLife Dividend Leaders Index Fund
| Sector | Approximate Weight |
|---|---|
| Energy | 30.20% |
| Information Technology | 18.20% |
| Commodities | 17.40% |
| Utilities | 11.00% |
| Financial Services | 10.40% |
Sector weights may change based on periodic index rebalancing.
Dividend declarations, if any, are subject to the availability of distributable surplus and applicable regulatory approvals.
It is an index-based fund that tracks companies selected from the BSE 500 universe based on dividend yield and consistency.
No. Dividend payouts are not guaranteed and depend on company performance and market conditions.
Dividends, if declared, are subject to the availability of surplus and regulatory approvals and may impact the fund’s NAV.
The fund may be suitable for long-term goals for investors who are comfortable with equity market risks.
Companies may be excluded during index rebalancing if they no longer meet eligibility criteria.
The fund carries a Very High risk classification due to its equity exposure and may not suit conservative investors.
A passive strategy aims to replicate an index rather than actively selecting stocks, resulting in a disciplined and rules-based portfolio.
Eligible policyholders may use the fund switch option, subject to policy terms and conditions.
No, ULIP funds do not payout dividends to policyholders. All the dividends received from companies will be reinvested back into the same companies, thereby maintaining exposure inline with index weights.
ULIPs are subject to regulatory constraints w.r.t. investment in industries, groups and specific type of companies. The indices provided by the index providers are not fully replicable due to these constraints. To overcome this, index providers create customised indices which adhere to regulatory constraints. The index being used for Dividend Leaders Fund is a similarly customised index, which is based on the same principles as that of BSE 500 Dividend Leaders 50 Index, while also adhering to regulatory constraints.
Important Note: Investments in Unit Linked Insurance Plans are subject to market risks. Please read all scheme-related documents carefully before investing.
THE UNIT-LINKED INSURANCE PRODUCTS DO NOT OFFER ANY LIQUIDITY DURING THE FIRST FIVE YEARS OF THE CONTRACT. THE POLICYHOLDER WILL NOT BE ABLE TO SURRENDER/WITHDRAW THE MONIES INVESTED IN UNIT-LINKED INSURANCE PRODUCTS COMPLETELY OR PARTIALLY TILL THE END OF THE FIFTH YEAR. T&C apply. This fund is suitable for individual with high risk tolerance and long-term investment goals. *The return shown is the 5-year annualized return of the BSE 500 Dividend Leaders 50 Index Fund(Customized) as on 31st December 2025. These are returns of benchmark indices and are not indicative of the return of PNB MetLife Dividend Leaders Index Fund. PNB MetLife Dividend Leaders Index Fund (SFIN: ULIF03916/01/26DIVIDENDFN117) is a passively managed fund with the BSE 500 Dividend Leaders 50 Index Fund(Customised) as its benchmark. Customised index created and maintained by BSE for PNB MetLife India to meet IRDAI regulations. ^NAV at Rs. 10/- will be applicable for duly completed proposals received from 16th to 29th January 2026 and issued on 30th January 2026. For policies issued after 30th January, the prevailing NAV on the day of issuance will be applicable. For more details on risk factors, terms & conditions, please read the sales brochure carefully before concluding a sale. Unit-linked life insurance products are different from the traditional insurance products and are subject to risk factors. Premiums paid in unit-linked life insurance policies are subject to investment risks associated with capital markets, and NAVs of the units may go up or down, based on the performance of the fund and factors influencing the capital market and the insured is responsible for his/her decisions. Please know the associated risks and the applicable charges from your insurance agent or intermediary or policy document issued by us. PNB MetLife Insurance Company Limited is the name of the Life Insurance Company and the Unit Linked Insurance Plan Names - PNB MetLife Smart Goal Ensuring Multiplier (UIN: 117L139V02), PNB MetLife Goal Ensuring Multiplier (UIN: 117L133V08), are only the names of the unit-linked life insurance contracts and do not in any way indicate the quality of the contract, their future prospects or returns. The various funds offered under these contracts are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns. The past performance of the funds is not indicative of the future performance. PNB MetLife India Insurance Company Limited. Registered office address: Unit No. 701, 702 & 703, 7th Floor, West Wing, Raheja Towers, 26/27 M G Road, Bangalore -560001, Karnataka. IRDAI Registration number 117 | CIN U66010KA2001PLC028883. The marks "PNB" and "MetLife" are registered trademarks of Punjab National Bank and Metropolitan Life Insurance Company, respectively. PNB MetLife India Insurance Company Limited is a licensed user of these marks. Call us Toll-free at 1-800-425-6969, Website: www.pnbmetlife.com, Email: indiaservice@pnbmetlife.co.in or Write to us: 1st Floor, Techniplex -1, Techniplex Complex, Off Veer Savarkar Flyover, Goregaon (West), Mumbai – 400062, Maharashtra. AD-F/2025-26/891. The BSE 500 Dividend Leaders 50 Index (Customized) "Index") is published by BSE Index Services Pvt. Ltd. ("BISPL"), which is a subsidiary company wholly owned by BSE Limited ("BSE"), and BSE has licensed the Index for use by PNB MetLife ("Licensee"). BSE® and SENSEX® are registered trademarks of BSE. The trademarks have been licensed to BISPL and have been sublicensed for use for certain purposes to Licensee. Licensee's PNB MetLife Smart Goal Ensuring Multiplier (An Individual, Unit-Linked, Non-Participating, Life Insurance Plan UIN:117L139V02) and PNB MetLife Goal Ensuring Multiplier (An Individual, Unit-Linked, Non-Participating, Life Insurance Plan UIN:117L133V08) is/are not sponsored, endorsed, sold or promoted by BISPL, BSE and any of their respective affiliates. None of BISPL, or BSE makes any representation or warranty, express or implied, to the owners of the Product or any member of the public regarding the advisability of investing in securities generally or in the Product particularly or the ability of the Index to track general market performance. BISPL's, and BSE's only relationship to Licensee with respect to the Index is the licensing of the Index and certain trademarks, service marks and/or trade names of BISPL, BSE and/or their licensors. The BSE 500 Dividend Leaders 50 Index (Customized) is determined, composed and calculated by BISPL or its agent without regard to Licensee or the Product. None of BISPL and BSE are responsible for and have not participated in the determination of the prices, and amount of the Product or the timing of the issuance or sale of the Product or in the determination or calculation of the equation by which the Product is to be converted into cash, surrendered or redeemed, as the case may be. BISPL and BSE have no obligation or liability in connection with the administration, marketing or trading of the Product. There is no assurance that investment products based on the Index will accurately track index performance or provide positive investment returns. BISPL and BSE are not investment advisors. Inclusion of a security within an index is not a recommendation by BISPL and BSE to buy, sell, or hold such security, nor is it considered to be investment advice. BISPL, BSE AND THEIR THIRD PARTY LICENSORS DO NOT GUARANTEE THE ADEQUACY, ACCURACY, TIMELINESS, AND/OR THE COMPLETENESS OF THE INDEX OR ANY DATA RELATED THERETO. BISPL, BSE AND THEIR THIRD PARTY LICENSORS SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DELAYS THEREIN. BISPL, BSE AND THEIR THIRD PARTY LICENSORS MAKE NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIM ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY LICENSEE, OWNERS OF THE PRODUCT, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE INDEX OR WITH RESPECT TO ANY DATA RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL either Party OR THEIR THIRD PARTY LICENSORS BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST TIME OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBLITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. THERE ARE NO THIRD PARTY BENEFICIARIES OF ANY AGREEMENTS OR ARRANGEMENTS BETWEEN BISPL AND LICENSEE, OTHER THAN THE LICENSORS OF BISPL (INCLUDING BSE).
PNB MetLife Insurance Company Limited is the name of the Life Insurance Company and the above-mentioned Unit-Linked Insurance Plans are only the names of the unit-linked life insurance contracts and do not in any way indicate the quality of the contract, their future prospects or returns. The various funds offered under these contracts are the names of the funds and do not in any way indicate the quality of these plans, their future prospects or returns. The past performance of the funds is not indicative of the future performance.
*30.65%: These are returns of benchmark indices and are not indicative of the return of PNB MetLife Dividend Leaders Fund. The return shown is the 5-year annualised return of the BSE 500 Dividend Leaders 50 Index as on 31st December 2025.
10 NAV: NAV of Rs. 10/- will be applicable for duly completed proposals received from 16th to 29th January 2026 and issued on 30th January 2026. For policies issued after 30th January, the prevailing NAV on the day of issuance will be applicable. This fund is suitable for individuals with high risk or low risk, as the case may be. Please refer to the customised product benefit illustration, where returns are shown at an assumed investment rate of 4% and 8% respectively. Assumed rate of returns are not guaranteed, and these are not the upper or lower limits. For more details on risk factors, terms & conditions, please read the sales brochure carefully before concluding a sale. PNB MetLife India Insurance Co. Ltd. IRDAI Reg. No. 117. AD-F/2025-26/000.
^The above returns are illustrative and are calculated from 1 January 2021 to 31st December 2025 (a five-year period).
The above information is provided for general understanding of dividends and equity-oriented funds and is intended for informational purposes only.
GST disclaimer: As per the recent notification from the Government of India, Goods & Services Tax (GST) on individual polices are exempted. GST rates are subject to change from time to time. Please consult your tax advisors for more details.
PNB MetLife India Insurance Company Limited
Registered office address: Unit No. 701, 702 & 703, 7th Floor, West Wing, Raheja Towers, 26/27 M G Road, Bangalore -560001, Karnataka
IRDAI Registration number 117 | CIN U66010KA2001PLC028883
For more details on risk factors, please read the sales brochure and the terms and conditions of the policy, carefully before concluding the sale.
Tax benefits are as per the Income Tax Act, 1961, & are subject to amendments made thereto from time to time. Please consult your tax consultant for more details.
Goods and Services Tax (GST) shall be levied as per prevailing tax laws which are subject to change from time to time.
The marks "PNB" and "MetLife" are registered trademarks of Punjab National Bank and Metropolitan Life Insurance Company, respectively. PNB MetLife India Insurance Company Limited is a licensed user of these marks.
Call us Toll-free at 1-800-425-6969, Website: www.pnbmetlife.com, Email: indiaservice@pnbmetlife.co.in or Write to us: 1st Floor, Techniplex -1, Techniplex Complex, Off Veer Savarkar Flyover, Goregaon (West), Mumbai – 400062, AD-F/2024-25/1787.
AD-F/2025-26/ 914
| Beware of Spurious Phone Calls and Fictitious / Fraudulent Offers! IRDAI or its officials is not involved in activities like selling insurance policies, announcing bonus or investments of premium. Public receiving such phone calls are requested to lodge a police complaint. |
By submitting your details, you agree to PNB MetLife's Privacy Policy and authorize PNB MetLife and/or its authorized service providers to verify the above information and/or contact you to assist you with the policy purchase and/or servicing. You have the option to opt-out of this contact authorization by un-checking the box. The authorization provided by you herein will supersede all earlier authorizations/registrations made by you in this regard.
As your trusted life insurance partner, PNB MetLife is with you amidst the current COVID-19 outbreak. Our policies also cover COVID-19 Claims. In case of a Death Claim, kindly submit the signed Claim Intimation Letter mentioning the policy number, brief of the insured event and other claim documents on the email mentioned herewith. Please write-in to us at claimshelpdesk@pnbmetlife.com or indiaservice@pnbmetlife.co.in. You can also call us on 1800-425-6969 for death claims intimations and for any queries on Monday - Saturday between 10:00 am - 7:00 pm.
PNB MetLife Insurance, amongst the trusted Life Insurance companies in India, aims to provide a wide range of Life Insurance products that suits the needs of an individual at every stage of his life. Life Insurance Plans range from Term Life Insurance Plans, Term Plan, Protection Plans, Long Term Savings Plans , Retirement Plans & Child Education Plan.
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