PGIM India MF introduces Multi Asset Allocation Fund
PGIM India Mutual Fund (MF) has launched PGIM India Multi Asset Allocation Fund, an open-ended scheme investing in Equity and Equity related instruments, Debt & Money Market instruments, Gold ETFs & Silver ETFs. The NFO opens for subscription on November 11, 2025 and closes on November 25, 2025. The Entry Load is nil for the scheme. The Exit Load: For each purchase of units through Lumpsum / switch?in / Systematic Investment Plan (SIP) and Systematic Transfer Plan (STP), exit load will be as follows: For Exits within 90 days from date of allotment of units: 0.50%, For Exits beyond 90 days from date of allotment of units: NIL. The minimum subscription amount is Rs 5,000 and in multiples of Re 1 thereafter.
The performance of the scheme will be benchmarked against 60% of Nifty 500 TRI+ 20% of Crisil Short Term Bond Index + 10% of Domestic prices of Gold + 10% of Domestic prices of Silver and its fund managers are Vivek Sharma, Anandha Padmanabhan Anjeneyan, Utsav Mehta and Puneet Pal.
The investment objective of the Scheme is to generate long term capital appreciation by investing in multiple asset classes including equity and equity related securities, debt and money market instruments, Gold ETFs & Silver ETFs.
