PGIM India AMC announces temporary Suspension of subscription in 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, June 04, 2026, June 10, 2026 and July 07, 2026 regarding reopening, revision and suspension of subscription in Designated Schemes.
SEBI vide its letter no. SEBI/HO/OW/IMD-II/DoF3/P/25095/2022 dated June 17, 2022 had 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 the AMC has decided to temporarily suspend all existing Systematic Investment Plan in Designated Schemes and all existing Systematic Transfer Plan instalments into Designated Schemes, post the cut off timing of August 07, 2026.
The aforesaid suspension is temporary in nature to comply with the overseas investment limits prescribed by the Regulator. The suspension is not applicable to the redemption, Switch-out facility and Systematic Withdrawal Plan, Systematic Transfer Plan - from Designated Schemes, Intra-Scheme (Regular to Direct and vice versa) switches and Intra-Plan (Growth to IDCW and vice versa) switches under the Designated Schemes.
This Notice-cum-Addendum forms an integral part of SIDs and KIMs of the Designated Schemes, as amended from time to time. All the other terms and conditions of SIDs and KIMs of the Designated Schemes will remain unchanged.
