The manufacturing sector in India is on the rise. It has become one of the fastest growing and highly contributing sectors to the country's GDP. To contribute to the idea of “Viksit Bharat” and invest in the manufacturing industries, PNB MetLife is launching a new fund —The Bharat Manufacturing Fund.
Before you choose to participate in this long-term investment opportunity, let us first understand the basics, including what is PNB MetLife’s new fund, the benefits of investing in it.
Invest in the country's leading manufacturing industries with Bharat Manufacturing Fund.
This scheme aims to help investors create long-term capital appreciation by investing in manufacturing industries. However, there can be no assurance that the investment objective of the scheme will be realised.
The Bharat Manufacturing Fund is currently one of the leading new funds to invest in 2024 as it presents an opportunity to invest in one of the fastest-growing sectors of India - the manufacturing sector. According to a McKinsey report, 11 key sectors drive the growth of the manufacturing sector. These include sectors like chemicals, basic materials, capital goods, auto, pharma, etc.
The Nifty India Manufacturing Index comprises the majority of the sector allocation (~90%) to these sectors for the long term and contributes to its potential to improve the country's GDP.
The Bharat Manufacturing Fund scheme aims to intelligently diversify your funds into various sectors so that you can benefit from the substantial growth of the industry over a long period. Depending on your choice of investment, you can either invest a lump sum amount or opt for the SIP route.
The PNB MetLife Bharat Manufacturing Fund focuses on investing in India’s growing manufacturing sector, which has significant potential for high returns. Government initiatives like “Make in India” further supports India’s manufacturing sector.
Since the new fund allows you to invest in the most prominent manufacturing industries, you are more likely to earn higher returns over time.
The fund offers a diversified portfolio of investments in various leading manufacturing industries, thereby reducing risk and providing exposure to multiple growth sectors. This includes sectors like pharmaceuticals, chemicals, healthcare, metals and mining, etc.
The fund will be managed by experienced professionals with in-depth knowledge of the market movements as well as the manufacturing sector, making it one of the best new funds to invest in. The fund will leverage expert insights and fund allocation strategies to maximise returns.
The Indian government's support for boosting the growth of the manufacturing sector makes this sector a lucrative investment avenue. Owing to favourable policies and other incentives towards the manufacturing sector, this fund aims to offer a strategic investment decision for its investors.
Investing in the manufacturing industries means aligning your financial and investment goals with India’s economic growth trajectory. This sector is the key to driving GDP growth, developing infrastructure and eventually creating jobs.
The objective of the fund is to provide a long-term wealth creation which also gives investors an opportunity to tap into the sectoral growth potential. It is aimed to provide a tool to build a strong financial future.
The scheme is an equity-oriented fund, which means that you can benefit from the growing manufacturing market. Since new funds are an opportunity to invest in a niche or growing market, they open doors to new prospects and advanced manufacturing technologies.
Investing in new funds gives you the advantage of choosing your investment time flexibly. Additionally, even if you invest in the fund when the market is at its peak, the fund managers continuously & holistically study the market swings and accordingly diversify the funds to deliver the best potential returns.
One of the most important benefits of investing in a new fund is that it has low entry barriers. This means that the minimum investment amounts are low, making it accessible to a wide range of investors.
With several boosts from the Indian government, you can leverage government initiatives such as Product-Linked Initiative (PLI) schemes and the benefits of their policy to drive growth.
By investing in PNB MetLife’s Bharat Manufacturing Fund, you can track the fund’s performance and benefit from an array of services. These include monthly factsheets, thorough market reviews, knowing the investment team, etc.
Investing in new funds gives you a chance to invest in the early stage of a new fund. This means you can potentially benefit from the fund’s growth as it allocates funds into promising manufacturing industries. Additionally, you can benefit from a significant long-term capital appreciation.
PNB MetLife Bharat Manufacturing Fund is ideal for:
| Sector | Weight(%) |
|---|---|
| Automobile and Auto Components | 31.00 |
| Capital Goods | 21.00 |
| Healthcare | 14.00 |
| Metals & Mining | 12.00 |
| Oil, Gas & Consumable Fuels | 9.00 |
| Chemicals | 7.00 |
| Consumer Durables | 4.00 |
| Others | 1 |
| Index Name | Index Returns (%) | QTD | YTD | 1 Year | 5 Years | Since Inception |
|---|---|---|---|---|---|---|
| Nifty India Manufacturing Index | Total Return | 19.56 | 32.74 | 59.96 | 26.79 | 16.48 |
| Nifty 50 Index | Total Return | 8.13 | 11.29 | 26.66 | 16.68 | |
| Nifty 500 Index | Total Return | 11.79 | 16.73 | 38.67 | 19.78 | 12.86 |
To sum up, an investment of ₹1,00,000 in Nifty Manufacturing Index in 2005 would result in ~₹12.4 lakhs in 19 years.
Source: NSE Indexogram, Factsheet as of June 28, 2024
To invest in the new fund, you have to first buy one of your ULIP plans. You can avail yourself of all the above-stated benefits and participate in the growing economy once you buy our ULIP products and choose this as the market-linked investment option..
This means you can benefit from both insurance to protect your family and contribute towards the growth of the manufacturing industry.
However, choosing the best ULIP plan for you is crucial to ensuring that it aligns with your financial goals and allows you to invest in the fund of your choice.
Here is how to choose the right plan for ULIP and to invest in our new fund, the Bharat Manufacturing Fund:
Before you buy any insurance or ULIP policy, it is highly advisable that you clearly define your financial goals and investment objectives, understand them and make investment decisions that align with your goals.
The next crucial aspect is to assess your risk tolerance and risk appetite. If your goals are such that you have a longer time horizon and can invest in innovative schemes, new funds, and experiment strategies, look for plans that will let you do the same.
Choose ULIP plans that let you choose the funds flexibly and invest in similar high-risk schemes, like the Bharat Manufacturing Fund.
Before investing in any of the plans, it is important to understand what the plan is, its purpose and its features. Since a part or whole of the premium of ULIP plans is invested in market-linked schemes, it is critical that you know whether it is invested in equity or equity-related, debt or debt-related or hybrid investments.
The PNB MetLife Bharat Manufacturing Fund is an equity fund, the returns of which will be benchmarked against NIFTY India Manufacturing Index.
No, however, you need to buy a ULIP policy with PNB MetLife to start investing in the new fund.
PNB MetLife Bharat Manufacturing Fund, allocates your funds to the most prominent manufacturing sectors such as healthcare, pharmaceuticals, chemicals, automotive, textiles, apparel, etc.
NAV stands for Net Asset Value, which is the current market value of the securities of a particular scheme divided by the total number of scheme units on a particular day. This is the price at which you buy or sell the units allocated in your ULIP policy.
Although the fund offers high growth potential, there is no guaranteed return or assurance that the investment objective of the scheme will be realised.
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The aforesaid article presents the view of an independent writer who is an expert on financial and insurance matters. PNB MetLife India Insurance Co. Ltd. doesn’t influence or support views of the writer of the article in any way. The article is informative in nature and PNB MetLife and/ or the writer of the article shall not be responsible for any direct/ indirect loss or liability or medical complications incurred by the reader for taking any decisions based on the contents and information given in article. Please consult your financial advisor/ insurance advisor/ health advisor before making any decision.
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
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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, Phone: 080-66006969, 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. Phone: +91-22-41790000, Fax: +91-22-41790203.
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