PGIM India MF introduces Multi Cap Fund
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PGIM India Mutual Fund has launched PGIM India Multi Cap Fund, an open-ended equity scheme investing across large cap, mid cap, small cap stocks. The NFO opens for subscription on August 22, 2024 and closes on September 05, 2024. The Entry Load is not applicable for the scheme. For each purchase of units through Lumpsum / switch?in / Systematic Investment Plan (SIP) and Systematic Transfer Plan (STP), exit load will be as follows: The Exit load will be 0.50% - For Exits within 90 days from date of allotment of units and Nil - For Exits beyond 90 days from date of allotment of units. The minimum subscription amount is Rs 5,000 and in multiples of Re 1 thereafter.
The performance of the scheme will be benchmarked with Nifty 500 Multicap 50:25:25 TRI 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 a portfolio of equity and equity related securities across large cap, mid cap and small cap stocks.
