https://www.taxtmi.com/news?id=35043 PNB MetLife launched the PNB MetLife Nifty 500 Momentum 50 Index Fund, a passively managed fund tracking the NIFTY 500 Momentum 50 Index and investing in the top 50 momentum stocks of the Nifty 500; it uses a transparent six and twelve month performance adjusted selection methodology with semi annual rebalancing. The fund is accessible through PNB MetLife ULIPs, offers a multiple of annual premium as life cover, and highlights tax efficiency for long term capital gains within statutory limits. Investment risk is borne by the policyholder and ULIPs carry an initial contractual lock in restricting surrender or withdrawals during the early years. en-us Mon, 24 Feb 2025 14:16:03 +0530 Mon, 24 Feb 2025 14:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=35043 PNB MetLife launched the PNB MetLife Nifty 500 Momentum 50 Index Fund, a passively managed fund tracking the NIFTY 500 Momentum 50 Index and investing in the top 50 momentum stocks of the Nifty 500; it uses a transparent six and twelve month performance adjusted selection methodology with semi annual rebalancing. The fund is accessible through PNB MetLife ULIPs, offers a multiple of annual premium as life cover, and highlights tax efficiency for long term capital gains within statutory limits. Investment risk is borne by the policyholder and ULIPs carry an initial contractual lock in restricting surrender or withdrawals during the early years. News - Mon, 24 Feb 2025 14:16:03 +0530 https://www.taxtmi.com/news?id=35043