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2026-06-08 03:14:06 pm | Source: Accord Fintech
PGIM India AMC announces Revision of subscription limits for designated schemes
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PGIM India AMC announces Revision of subscription limits for designated schemes

PGIM India Asset Management (AMC) has announced Addendum to the Scheme Information Documents (‘SIDs’) and Key Information Memorandums (‘KIMs’) of certain schemes of PGIM India Mutual Fund.

With reference to its Notice Cum Addendum dated March 09, 2026 regarding temporary suspension of subscriptions in 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 (‘Designated Schemes’) read with its Notice Cum Addendum dated May 15, 2026 regarding reopening of subscriptions in Designated Schemes. 

 

SEBI vide its letter no. SEBI/HO/OW/IMD-II/DoF3/P/25095/2022 dated June 17, 2022 has permitted Mutual Funds to accept subscriptions and to invest in overseas funds /securities upto the headroom available without breaching the overseas investment limits as of EOD of February 1, 2022 at Mutual Fund level. 

 

In view of the same, PGIM India Mutual Fund has informed that it has decided to revise the subscription limits in the Designated Schemes with effect from June 05, 2026, in the following manner: 

 

1) Fresh Systematic Registration (Systematic Investment Plan) - 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.

 

2) Fresh Systematic Transfer Plan (Transfer Plan into any of the Designated Schemes)- Shall not be accepted post the cut off timing of June 04, 2026.

 

3) Installments of Systematic Investment / Transfer Plans existing as on June 04, 2026- Existing Systematic Investment Plan / Systematic Transfer Plan instalments will continue.

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