Investing in funds has emerged as one of the fastest-growing strategies in India, especially for those who seek long-term financial growth with lucrative tax benefits in return. Among several emerging fund types, one such is the PNB MetLife Bharat Consumption Fund, launched as a New Fund. This fund offers a powerful opportunity for capital appreciation and considerable tax-saving advantages, making it one of the prime competitors among tax-saving investments.
The PNB MetLife Consumption Fund is a consumption-focused sectoral investment vehicle targeting firms likely to benefit from the increasing demand for consumption in India. Given the need for rising consumption due to urbanisation, population growth, and increased spending, such a sector may reap potentially very high returns from an investment. However, the real advantage is the goal of saving on taxes, which is an ideal avenue for those seeking safe investments with high returns in India.
This type of consumption fund allows diversification in portfolios while maintaining a balanced risk-return profile, as it provides exposure to both well-established large-cap and emerging small-cap companies. Since the fund plays on the theme of consumption in India, it ventures into a sector that is growing rapidly and has tremendous growth potential, considering that more Indians are becoming prospective consumers.
A New Fund Launch, or NFL, is a new fund introduced to attract investors. An investment in an NFL could have various advantages for an investor, especially early entrants. Among the best NFL benefits is that one can invest in a fund focused on a promising sector in its nascent stages and, for a long-term investor, possibly reap returns as and when the fund grows with time.
Another benefit of investing in New Funds is that they allow buying units at a nominal price since New Fundss are usually very low when they enter the market compared to other existing funds. By this, you can purchase more units, and if the fund’s performance is good, you can also get a good return.
With consumption funds, investors enjoy an investment avenue that successfully amalgamates growth potential with tax-saving benefits. This unique combination sets them apart as one of the best tax saver funds.
One of the major reasons investors are attracted to funds like the PNB MetLife Consumption Fund is the incredible tax benefits these funds offer. Here are some of the tax advantages:
Choosing the best tax-saver fund is tough, given the numerous choices available. Here are some reasons that make the PNB MetLife Consumption Fund an attractive tax-saving investment:
Investing in new funds, such as PNB MetLife’s Bharat Consumption Fund, provides the opportunity to invest in a developing portfolio constructed for an industry that has demonstrated resilience and growth. Here are some of the benefits of investing in new fund:
The PNB MetLife Bharat consumption fund is not just a tax-saving investment but also a strategic opportunity to capture the growing consumer market in India. From an investor standpoint, this NFL is among the best investment options in India and offers an affordable, diversified, and tax-efficient way to both reduce tax burdens and strive for growth. Designed with long-term growth in mind, the possible advantages of tax benefits suit both new and seasoned investors who look to optimise their portfolios.
Invest in the PNB MetLife Consumption Fund today to tap into India’s growth story while enjoying valuable tax-saving benefits. Start building a brighter, tax-efficient future with us!
A consumption fund invests in sectors that drive consumer demand, such as retail, healthcare, and technology.
Yes, India’s consumption funds are promising as they capitalise on the country’s growing consumer market and economy.
Returns vary, but consumption funds generally offer competitive returns aligned with market growth in high-demand sectors.
Top Strategies for Building a Strong Portfolio with Consumption Funds
Consumption Funds vs. Equity Funds: Choosing the Right Investment
What are the Objectives of Investment?
Unravelling Opportunities in New Fund Offers for Smart Investments
Difference between Small Cap, Mid Cap, and Large Cap Fund
How to Invest 25 Lakhs for Monthly Income in India?
A Comprehensive Guide to Manufacturing Funds
Where to Invest 1 lakh To Get Good Returns?
Piyush Kataria, SEO Manager at PNB MetLife, is a seasoned digital marketing strategist with over a decade of experience in optimizing websites for search engines. His expertise extends to keyword research, content strategy, technical SEO, and link building, all of which have been instrumental in driving organic traffic growth at PNB MetLife. With a strong foundation in life insurance, Piyush leverages his industry knowledge to create targeted and effective SEO campaigns.
Sakshi Malhotra is a seasoned marketing professional associated with the Life Insurance industry since 2007. At PNB MetLife, she heads Digital Marketing and Direct to Customer line of business. She is responsible for driving effective customer engagement through the company’s website and social media channels. In addition, she drives customer online buying journeys to help them buy the right product.
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
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, 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.
| 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. |
Rs. 930 Crores
Bonus declared for Participating Policies in FY’23-24
2.35 Lakh+
transactions completed on the khUshi chatbot.
99.20%
Claim settlement ratio for retail business
16500
Locations & strong branch network
Get Trusted Advice
Ask khUshi
Hi! I’m khUshi. How can I help you?
