Hero worship 62 per cent of Indian dads see themselves as family protectors

MUMBAI:  Looks like Indian fathers are donning more than just their Sunday cap, they’re putting on superhero capes too. A new PNB Metlife India Insurance survey, conducted across the country, finds that 62 per cent of fathers identify as “Hero Dads” guardians who see themselves as the primary protectors of their family’s financial security.

The nationwide study, launched on Father’s Day and spread over June, July and August, engaged more than 6000 fathers across urban and semi-urban India through microsites and QR-code activations. The exercise grouped dads into three personas:

.  Hero Dads: 62 per cent, the protectors of family finances.

.  Thoughtful Dads: 29 per cent, cautious long-term planners.

.  Disciplined Dads: 9 per cent, methodical savers with a love for structure.

Beyond the labels, the survey painted a clear picture of evolving priorities. Children’s education remains the top concern for 51 per cent, but fathers are now increasingly thinking about themselves too. 14 per cent prioritise retirement planning and another 14 per cent dream of a big family holiday hinting at a shift towards security paired with experience-led living.

What’s striking is the long-term lens fathers now wear. 53 per cent are willing to invest for 10–15 years, 14 per cent for 15–20 years, and 13 per cent for 20–30 years. Perhaps most telling, 20 per cent are in it for the very long haul over 30 years cementing a cultural tilt towards sustained wealth-building.

When it comes to parking their money, dads are showing a clear preference for stability: 30 per cent opt for fixed deposits, 22 per cent choose life insurance, while 17 per cent favour mutual funds. The pattern points to a generation more comfortable with low-risk, predictable instruments that align with their extended horizons.

PNB Metlife chief marketing & communications officer Sourabh Lohtia summed it up: “Today’s father is a provider, protector, and nurturer financially savvy and emotionally present. The ‘Dad Type’ survey shows how deeply fathers are committed to building secure futures for their families.”

Turns out, the new-age Indian dad is not just about quick fixes or cautious saving, he’s evolving into a blend of protector, planner, and provider. And with nearly two-thirds proudly wearing the ‘Hero’ tag, it seems India’s dads are scripting their own blockbuster sequel in the financial universe.