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<h1>PNB MetLife Launches Nifty 500 Momentum 50 Index Fund for Long-Term Growth and Tax Efficiency</h1> PNB MetLife has launched the Nifty 500 Momentum 50 Index Fund, a passively managed fund aimed at long-term growth by leveraging momentum investing. This fund tracks the top 50 stocks with the highest price momentum within the Nifty 500 Index, offering optimized returns and tax efficiency. Available through PNB MetLife's Unit Linked Insurance Plans (ULIPs), it provides life insurance coverage and market-linked investment growth. The fund is open from February 15 to 27, 2025, with an initial NAV of Rs 10. It targets investors with high-risk tolerance seeking market trends and tax benefits.