PGIM India Mutual Fund announces reopening of subscription in its Global Select Real Estate Securities FoF
PGIM India Mutual Fund announced the reopening of subscriptions in its international fund, PGIM India Global Select Real Estate Securities Fund of Fund, with effect from October 8.
According to a notice cum addendum, the fund house decided to reopen lumpsum transactions (fresh / additional purchase), switch-in transactions and existing systematic investment plans.
The fund house also said that fresh registrations of Systematic Investment Plan (SIP) / Systematic Transfer Plan (STP) and existing Systematic Transfer Plan (STP) in PGIM India Global Select Real Estate Securities Fund of Fund remains temporarily suspended.
Also Read | Can a Rs 50,000 monthly SIP build a Rs 10 crore corpus in 23 years? Expert suggests portfolio changes
This notice-cum-addendum forms an integral part of SID and KIM of PGIM India Global Select Real Estate Securities Fund of Fund, as amended from time to time. All the other terms and conditions of SID and KIM of PGIM India Global Select Real Estate Securities Fund of Fund will remain unchanged.
On August 4, the fund house announced temporary suspension all existing Systematic Investment Plan (SIPs) and Systematic Transfer Plan (STPs) instalments in its three international funds - PGIM India Global Equity Opportunities Fund of Fund, PGIM India Emerging Markets Equity Fund of Fund and PGIM India Global Select Real Estate Securities Fund of Fund effective from August 7.
Following the last notice cum addendum, subscriptions in the other two international funds remain suspended.
In July, the fund house announced temporary suspension of subscriptions in these three international funds and said that the fresh systematic registration (Systematic Investment Plan) shall not be accepted post the cut off timing of July 8, 2026.
In June, the fund house said that the AMC has decided to revise the subscription limits in these three schemes. For fresh systematic registration (SIP), the maximum of Rs 50,000 per day, per investor, per scheme (at Primary holder PAN level) received before the cut-off time on any business day.
According to the June notice cum addendum, the installments of existing Systematic Investment / Transfer Plans were not stopped.
As of May 16, the fund house announced reopening of subscriptions in its international funds - PGIM India Global Equity Opportunities Fund of Fund, PGIM India Emerging Markets Equity Fund of Fund, PGIM India Global Select Real Estate Securities Fund of Fund with effect from May 18.
Also Read | PGIM India Mutual Fund temporarily suspends SIPs and STPs in 3 international funds
The fund house through a notice cum addendum announced that the AMC has decided to allow subscriptions in these three international funds. The fresh systematic investment plan/systematic transfer plan of maximum of Rs 2 lakh per day, per investor, per scheme (at Primary holder PAN level) received before the cut-off time on any business day.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
If you have any mutual fund queries, message ET Mutual Funds on Facebook/Twitter. We will get them answered by our panel of experts. Do share your questions at ETMFqueries@timesinternet.in along with your age, risk profile, and Twitter handle.
According to a notice cum addendum, the fund house decided to reopen lumpsum transactions (fresh / additional purchase), switch-in transactions and existing systematic investment plans.
The fund house also said that fresh registrations of Systematic Investment Plan (SIP) / Systematic Transfer Plan (STP) and existing Systematic Transfer Plan (STP) in PGIM India Global Select Real Estate Securities Fund of Fund remains temporarily suspended.
Also Read | Can a Rs 50,000 monthly SIP build a Rs 10 crore corpus in 23 years? Expert suggests portfolio changes
This notice-cum-addendum forms an integral part of SID and KIM of PGIM India Global Select Real Estate Securities Fund of Fund, as amended from time to time. All the other terms and conditions of SID and KIM of PGIM India Global Select Real Estate Securities Fund of Fund will remain unchanged.
On August 4, the fund house announced temporary suspension all existing Systematic Investment Plan (SIPs) and Systematic Transfer Plan (STPs) instalments in its three international funds - PGIM India Global Equity Opportunities Fund of Fund, PGIM India Emerging Markets Equity Fund of Fund and PGIM India Global Select Real Estate Securities Fund of Fund effective from August 7.
Following the last notice cum addendum, subscriptions in the other two international funds remain suspended.
In July, the fund house announced temporary suspension of subscriptions in these three international funds and said that the fresh systematic registration (Systematic Investment Plan) shall not be accepted post the cut off timing of July 8, 2026.
In June, the fund house said that the AMC has decided to revise the subscription limits in these three schemes. For fresh systematic registration (SIP), the maximum of Rs 50,000 per day, per investor, per scheme (at Primary holder PAN level) received before the cut-off time on any business day.
According to the June notice cum addendum, the installments of existing Systematic Investment / Transfer Plans were not stopped.
As of May 16, the fund house announced reopening of subscriptions in its international funds - PGIM India Global Equity Opportunities Fund of Fund, PGIM India Emerging Markets Equity Fund of Fund, PGIM India Global Select Real Estate Securities Fund of Fund with effect from May 18.
Also Read | PGIM India Mutual Fund temporarily suspends SIPs and STPs in 3 international funds
The fund house through a notice cum addendum announced that the AMC has decided to allow subscriptions in these three international funds. The fresh systematic investment plan/systematic transfer plan of maximum of Rs 2 lakh per day, per investor, per scheme (at Primary holder PAN level) received before the cut-off time on any business day.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
If you have any mutual fund queries, message ET Mutual Funds on Facebook/Twitter. We will get them answered by our panel of experts. Do share your questions at ETMFqueries@timesinternet.in along with your age, risk profile, and Twitter handle.
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