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Note on RBI Policy by Puneet Pal, Head - Fixed Income, PGIM India Mutual Fund Below the Note on RBI Policy by Puneet Pal, Head - Fixed Income, PGIM India Mutual Fund   PGIM India MF View: Rate cuts in next MPC policy with focus on liquidity management We think today’s policy was an acknowledgment of the ongoing slowdown in growth and rather than taking action on one data point, RBI wants more evidence for confirming this trend as highlighted by the RBI governor in the post policy press conference. Thus, we believe that the...
Note on RBI Policy by Puneet Pal, Head - Fixed Income, PGIM India Mutual Fund
Note on RBI Policy by Puneet Pal, Head - Fixed Income, PGIM India Mutual Fund
Source: PGIM India Mutual Fund
2024-12-07 02:13:54 pm
Note on RBI Monetary Policy by Puneet Pal, Head- Fixed Income, PGIM India Mutual Fund Below the Note on RBI Monetary Policy by Puneet Pal, Head- Fixed Income, PGIM India Mutual Fund   "RBI has started the monetary easing cycle by cutting CRR by 50bps to 4% while retaining status quo on other policy rates. The cut in CRR will release INR 1.16 lakh crore of liquidity in the banking system. The yield curve has steepened post the CRR cut with the money market curve up to 1yr outperforming the longer end of the curve.”    Above views are of the...
Note on RBI Monetary Policy by Puneet Pal, Head- Fixed Income, PGIM India Mutual Fund
Note on RBI Monetary Policy by Puneet Pal, Head- Fixed Income, PGIM India Mutual Fund
Source: PGIM India Mutual Fund
2024-12-06 02:13:14 pm
Quote on Debt Outlook by Puneet Pal, Head Fixed Income, PGIM INDIA Mutual Fund Below the Quote on  Debt Outlook by Puneet Pal, Head Fixed Income, PGIM INDIA Mutual Fund    The bond rally took a breather in October as yields inched higher on back of risk aversion ahead of the US Presidential elections and the lingering geopolitical conflict in the Middle East. The Reserve Bank of India’ Monetary Policy Committee (MPC) retained the status quo on policy rates with a 5-1 majority in its October 9th meeting but unanimously changed the monetary...
Quote on Debt Outlook by Puneet Pal, Head Fixed Income, PGIM INDIA Mutual Fund
Quote on Debt Outlook by Puneet Pal, Head Fixed Income, PGIM INDIA Mutual Fund
Source: PGIM India Mutual Fund
2024-11-12 05:44:45 pm
Weekly View Fixed Income Markets by Puneet Pal, Head-Fixed Income, PGIM India Mutual Fund Below the Weekly View on Fixed Income Markets by Puneet Pal, Head-Fixed Income, PGIM India Mutual Fund   Rate cutting cycle in India may start from Feb 2025   Our View:   The surge in US bond yields is due to the fear that the fiscal deficit in the US will continue to remain elevated and higher yield levels in the  world’s biggest economy can have repercussions on Emerging Markets. Though there are signs of softness i...
Weekly View Fixed Income Markets by Puneet Pal, Head-Fixed Income, PGIM India Mutual Fund
Weekly View Fixed Income Markets by Puneet Pal, Head-Fixed Income, PGIM India Mutual Fund
Source: PGIM India Mutual Fund
2024-11-04 01:15:55 pm
Weekly View on Fixed Income Markets by Puneet Pal, Head-Fixed Income, PGIM India Mutual Fund Below the Weekly View on Fixed Income Markets by Puneet Pal, Head-Fixed Income, PGIM India Mutual Fund   Indian bonds remain attractive on the back of stable underlying macro-economic variables   Our View: As the US economy continues to be resilient, bond markets have pared their expectations of rate cuts in the US, a similar theme which has  been repeating itself over the course of the last many quarters. We expect the Fed to continue with its rate cutting cyc...
Weekly View on Fixed Income Markets by Puneet Pal, Head-Fixed Income, PGIM India Mutual Fund
Weekly View on Fixed Income Markets by Puneet Pal, Head-Fixed Income, PGIM India Mutual Fund
Source: PGIM India Mutual Fund
2024-10-21 04:00:02 pm
PGIM India MF announces IDCW under Large Cap Fund PGIM India Mutual Fund (MF) has informed that that PGIM India Trustees, Trustee to PGIM India Mutual Fund, has approved declaration of Income Distribution cum Capital Withdrawal (IDCW) under PGIM India Large Cap Fund (scheme) of PGIM India MF with September 27, 2024 as the record date. The quantum of IDCW on the face value of Rs 10 per unit will be Rs 0.4911 under Regular Plan - IDCW Option and Rs 0.6926 under Direct Plan - IDCW Option.
PGIM India MF announces IDCW under Large Cap Fund
PGIM India MF announces IDCW under Large Cap Fund
Source: Accord Fintech
2024-09-26 03:09:15 pm
Debt Market View from Puneet Pal, Head - Fixed Income, PGIM India MF Below the Quote on Debt Market View from Puneet Pal, Head - Fixed Income, PGIM India MF   RBI is likely to maintain status quo on policy rates till the end of CY25   The positive undertone of the Indian bond markets continued as yields drifted lower, in August 2024, and were down 6-7 bps across the curve. The MPC meeting outcome was on expected lines, as the divergence of views between the MPC members from the RBI and the external MPC members continuing with membe...
Debt Market View from Puneet Pal, Head - Fixed Income, PGIM India MF
Debt Market View from Puneet Pal, Head - Fixed Income, PGIM India MF
Source: PGIM India MF
2024-09-10 05:50:37 pm
Weekly View on Fixed Income markets by Puneet Pal, Head-Fixed Income, PGIM India Mutual Fund Our View The US Fed is all set to start cutting policy rates from September onwards and in the backdrop of global monetary easing, Indian bonds  remain attractive on the back of strong and stable underlying macro-economic factors and favourable demand supply dynamics at play. The  scope for rate cuts in India is on account of high real positive rates and the need to encourage private investment and there is a fair  probability of rate cuts beginning from CY25 onwards. B...
Weekly View on Fixed Income markets by Puneet Pal, Head-Fixed Income, PGIM India Mutual Fund
Weekly View on Fixed Income markets by Puneet Pal, Head-Fixed Income, PGIM India Mutual Fund
Source: PGIM India Mutual Fund
2024-09-02 12:14:07 pm
PGIM India AMC announces change in Key Personnel PGIM India Asset Management (AMC) has announced addendum to the Scheme Information Document, Key Information Memorandum (KIM) of PGIM India Small Cap Fund (‘the scheme’) and Statement of Additional Information (SAI) of PGIM India Mutual Fund. PGIM India Mutual Fund has informed that Harsh Kothari shall cease to be Fund Manager – Equity and Key Personnel of the AMC with effect from close of business hours of August 23, 2024. Accordingly, his details under ‘Informatio...
PGIM India AMC announces change in Key Personnel
PGIM India AMC announces change in Key Personnel
Source: Accord Fintech
2024-08-27 02:23:55 pm
PGIM India Mutual Fund launches PGIM India Multi Cap Fund PGIM India Mutual Fund today announced the launch of PGIM India Multi Cap Fund, an open ended equity scheme investing across large cap, mid cap and small cap stocks. The fund is benchmarked against Nifty 500 Multicap 50:25:25 TRI. The New Fund Offer (NFO) opens for subscription on August 22, 2024 and closes on September 05, 2024. Given near term volatility in the equity markets, a typical question we face is “What do you think about the markets?” That’s ...
PGIM India Mutual Fund launches PGIM India Multi Cap Fund
PGIM India Mutual Fund launches PGIM India Multi Cap Fund
Source: PR Agency
2024-08-23 11:32:34 am
PGIM India MF introduces Multi Cap Fund 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 da...
PGIM India MF introduces Multi Cap Fund
PGIM India MF introduces Multi Cap Fund
Source: Accord Fintech
2024-08-22 03:37:17 pm
Quote on RBI Policy By Puneet Pal, Head - Fixed Income, PGIM India Mutual Fund Below the Quote on RBI Policy By Puneet Pal, Head - Fixed Income, PGIM India Mutual Fund   “We continue to be constructive on Indian Bonds, given the strong underlying macroeconomic fundamentals and  the start of the global easing cycle with renewed concerns on slowdown in the US economy along with recalibration of the rate cuts from the US Fed. Although we expect RBI to be on pause over the next 4-5 months, bond yields tend to react in advance of rate cuts and as s...
Quote on RBI Policy By Puneet Pal, Head - Fixed Income, PGIM India Mutual Fund
Quote on RBI Policy By Puneet Pal, Head - Fixed Income, PGIM India Mutual Fund
Source: PGIM India Mutual Fund
2024-08-08 01:55:39 pm
Equity Outlook by Vinay Paharia,CIO,PGIM India Mutual Fund Below the Quote on Equity Outlook by Vinay Paharia,CIO,PGIM India Mutual Fund   We are more comfortable with valuations for Large Caps versus Mid and Small Caps After high volatility in the first week of June, the equity market saw a sharp rally with the Nifty50 index ending the month with 6.6%  return, and the NSE MidCap 100 and NSE Small Cap 100 indices generating returns of 7.8% and 9.7% for the month, respectively.  Market witnessed a sharp correction on the d...
Equity Outlook by Vinay Paharia,CIO,PGIM India Mutual Fund
Equity Outlook by Vinay Paharia,CIO,PGIM India Mutual Fund
Source: PGIM India Mutual Fund
2024-07-16 02:05:07 pm
View on Fixed Income markets by Puneet Pal, Head-Fixed Income, PGIM India Mutual Fund Below the View on Fixed Income markets by Puneet Pal, Head-Fixed Income, PGIM India Mutual Fund   PGIM INDIA MF View  - We expect Indian bond yield curve to remain flat amidst favourable demand-supply dynamics   We expect the Indian bond yield curve to remain flat amidst favourable demand supply dynamics though the progress of monsoons will be the key factor to access the trajectory of Food inflation and subsequently RBI’s stance on the monetary...
View on Fixed Income markets by Puneet Pal, Head-Fixed Income, PGIM India Mutual Fund
View on Fixed Income markets by Puneet Pal, Head-Fixed Income, PGIM India Mutual Fund
Source: PGIM India Mutual Fund
2024-07-15 02:26:31 pm
PGIM India MF announces IDCW under Hybrid Equity Fund PGIM India Mutual Fund (MF) has informed that that PGIM India Trustees, Trustee to PGIM India Mutual Fund, has approved declaration of Income Distribution cum Capital Withdrawal (IDCW) under PGIM India Hybrid Equity Fund (scheme) of PGIM India MF with July 16, 2024 as the record date. The quantum of IDCW on the face value of Rs 10 per unit will be Rs 0.1844 under Regular Plan - Monthly IDCW Option and Rs 0.2023 under Direct Plan - Monthly IDCW Option.
PGIM India MF announces IDCW under Hybrid Equity Fund
PGIM India MF announces IDCW under Hybrid Equity Fund
Source: Accord Fintech
2024-07-12 02:39:08 pm
PGIM India Asset Management (AMC) announces Change in Designation of Key Personnel PGIM India Mutual Fund has informed that, Anoop Gulati has been designated as Head - Marketing of PGIM India Asset Management (the AMC) with effect from July 01, 2024. Consequently, details of Mr Anoop Gulati shall stand modified under ‘Information on Key Personnel’ under section II. ‘The Asset Management Company (AMC)’ in the Statement of Additional Information (SAI) of PGIM India Mutual Fund. This addendum forms an integral part of the SAI, as amended from time to...
PGIM India Asset Management (AMC) announces Change in Designation of Key Personnel
PGIM India Asset Management (AMC) announces Change in Designation of Key Personnel
Source: Accord Fintech
2024-07-08 04:06:11 pm
PGIM India Asset Management (AMC) announces Cessation of Key Personnel PGIM India Mutual Fund has informed that, Sakshi Dalela, Head - Marketing shall cease to be the Key Personnel of PGIM India Asset Management (the AMC) from the close of business hours of June 28, 2024. Consequently, details of Sakshi Dalela shall stand deleted from ‘Information on Key Personnel’ under section ‘II. ‘The Asset Management Company (AMC)’ in the Statement of Additional Information (SAI) of PGIM India Mutual Fund (Fund). This addendum forms an integ...
PGIM India Asset Management (AMC) announces Cessation of Key Personnel
PGIM India Asset Management (AMC) announces Cessation of Key Personnel
Source: Accord Fintech
2024-07-02 02:39:14 pm
Weekly View on Fixed Income markets by Puneet Pal, Head-Fixed Income, PGIM India Mutual Fund Below the Weekly View on Fixed Income markets by Puneet Pal, Head-Fixed Income, PGIM India Mutual Fund   Indian Markets: The last day of the week marked a big event for the Indian bond market as Indian government FAR bonds got formally included in the JP Morgan EM Bond Index. Since the announcement of the inclusion, more than USD 11bn have come into Indian bond markets and more is expected to come. Incremental flows over the next one year is expected to be in the range of...
Weekly View on Fixed Income markets by Puneet Pal, Head-Fixed Income, PGIM India Mutual Fund
Weekly View on Fixed Income markets by Puneet Pal, Head-Fixed Income, PGIM India Mutual Fund
Source: PGIM India Mutual Fund
2024-07-02 11:30:55 am
PGIM India Mutual Fund launches 50 Gigs Compendium PGIM India Mutual Fund today announced the release of its compendium titled ‘Renew Recharge But Never Retire’. It is a compilation of 50 hobbies/gigs that can be monetised, helping one pursue financial independence in later life.  On average, people across the globe are living more than six years longer in 2021 than what they did in 1990, shows a new study published in The Lancet. According to the study, the life expectancy in India has increased by eig...
PGIM India Mutual Fund launches 50 Gigs Compendium
PGIM India Mutual Fund launches 50 Gigs Compendium
Source: PR Agency
2024-06-25 12:22:05 pm
Fixed Income - Weekly View by Puneet Pal, Head-Fixed Income, PGIM India Mutual Fund Below the Fixed Income - Weekly View by Puneet Pal, Head-Fixed Income, PGIM India Mutual Fund   PGIM INDIA MF View  - We expect the benchmark 10 yr bond yield to go towards 6.50% by Q4 of FY25   We expect the Indian bond yield curve to remain flat amidst favourable demand supply dynamics. The scope for rate cuts in India is on account of high real positive rates and the need to encourage private investment and there is a fair probability of rate cuts ...
Fixed Income - Weekly View by Puneet Pal, Head-Fixed Income, PGIM India Mutual Fund
Fixed Income - Weekly View by Puneet Pal, Head-Fixed Income, PGIM India Mutual Fund
Source: PGIM India Mutual Fund
2024-06-24 03:46:27 pm
Equity Outlook : Earnings growth, return on capital, and cash flow generation capabilities would be the key drivers of performance by Vinay Paharia, CIO, PGIM India Mutual Fund Below the Quote on Equity Market Outlook by Vinay Paharia, CIO, PGIM India Mutual Fund   The Nifty50 index remained volatile in May 2024 on the back of speculation regarding the Union Elections’ outcome, increasing geopolitical tensions, and significant FPI selling. During May, the Nifty50 index generated a return of -0.3%, while the NSE Mid Cap 100 and the NSE Small Cap 100 generated a return of +1.6% and -1.9%, respectively. Amongst the sectoral indices, Capital G...
Equity Outlook : Earnings growth, return on capital, and cash flow generation capabilities would be the key drivers of performance by Vinay Paharia, CIO, PGIM India Mutual Fund
Equity Outlook : Earnings growth, return on capital, and cash flow generation capabilities would be the key drivers of performance by Vinay Paharia, CIO, PGIM India Mutual Fund
Source: PGIM India Mutual Fund
2024-06-15 09:36:43 am
Debt Market Outlook : FPI inflows into the bond markets turned positive with USD 1.05 bn of inflows after the negative number in the month of April by Puneet Pal, Head - Fixed Income, PGIM India Mutual Fund Below the Quote on Debt Market Outlook by Puneet Pal, Head- Fixed Income, PGIM India Mutual Fund   Indian bond yields cooled off in the month of May, as RBI declared a dividend of INR 2.1 tr - almost double the amount which bond markets were expecting. This provides a great deal of flexibility to the central government on the fiscal side. The positive surprise enthused the markets, and bond yields fell, with the benchmark 10 yr bond yield ending the month at 6.98% - below the ...
Debt Market Outlook : FPI inflows into the bond markets turned positive with USD 1.05 bn of inflows after the negative number in the month of April by Puneet Pal, Head - Fixed Income, PGIM India Mutual Fund
Debt Market Outlook : FPI inflows into the bond markets turned positive with USD 1.05 bn of inflows after the negative number in the month of April by Puneet Pal, Head - Fixed Income, PGIM India Mutual Fund
Source: PGIM India Mutual Fund
2024-06-15 09:21:56 am
RBI Monetary Policy Note by Puneet Pal, Head - Fixed Income, PGIM India MF Below the RBI Monetary Policy Note by Puneet Pal, Head - Fixed Income, PGIM India MF   In our view, this policy is a step towards monetary easing and though RBI’s tone is still one of caution, the MPC statement acknowledged  that the disinflation achieved so far has not hurt growth and dropped the line on unwavering focus on price stability in its statement. In  our view, RBI will await the onset and progress of monsoons and given the fact that two of the three...
RBI Monetary Policy Note by Puneet Pal, Head - Fixed Income, PGIM India MF
RBI Monetary Policy Note by Puneet Pal, Head - Fixed Income, PGIM India MF
Source: PGIM India Mutual Fund
2024-06-08 02:25:58 pm
Quote On RBI Monetary Policy by Puneet Pal, Head- Fixed Income, PGIM India Mutual Fund. Below the Quote On RBI Monetary Policy by Puneet Pal, Head- Fixed Income, PGIM India Mutual Fund.      "Today's MPC meeting was on expected lines with both the policy rates and the monetary stance unchanged though this policy takes a step closer to monetary easing with two members of the MPC voting for a cut in policy rates. RBI maintained its inflation projection for FY25 at 4.50% but increased its GDP growth projection of FY25 to 7.20% from 7% earlier&q...
Quote On RBI Monetary Policy by Puneet Pal, Head- Fixed Income, PGIM India Mutual Fund.
Quote On RBI Monetary Policy by Puneet Pal, Head- Fixed Income, PGIM India Mutual Fund.
Source: PGIM India Mutual Fund
2024-06-07 04:46:53 pm
PGIM India AMC announces change in benchmark of Retirement Fund PGIM India Asset Management (AMC) has announced addendum to the Scheme Information Document and Key Information Memorandum (KIM) of PGIM India Retirement Fund. PGIM India Mutual Fund has informed that the benchmark service provider Asia Index has informed regarding change in name of indices. In view of the same, the benchmark index of PGIM India Retirement Fund shall be revised from ‘S&P BSE 500 TRI’ to ‘BSE 500 TRI’ with effect from June 01, 2024. This Notic...
PGIM India AMC announces change in benchmark of Retirement Fund
PGIM India AMC announces change in benchmark of Retirement Fund
Source: Accord Fintech
2024-05-29 04:19:18 pm
PGIM India MF announces IDCW under Equity Savings Fund PGIM India Mutual Fund (MF) has informed that that PGIM India Trustees, Trustee to PGIM India Mutual Fund, approved declaration of Income Distribution cum Capital Withdrawal (IDCW) under PGIM India Equity Savings Fund (scheme) of PGIM India MF with April 19, 2024 as the record date. The quantum of IDCW on the face value of Rs 10 per unit will be Rs 0.0726 under Regular Plan - Monthly IDCW Option and Rs 0.0789 under Direct Plan - Monthly IDCW Option.
PGIM India MF announces IDCW under Equity Savings Fund
PGIM India MF announces IDCW under Equity Savings Fund
Source: Accord Fintech
2024-04-16 03:43:46 pm
PGIM India MF announces IDCW under Arbitrage Fund PGIM India Mutual Fund (MF) has informed that that PGIM India Trustees, Trustee to PGIM India Mutual Fund, approved declaration of Income Distribution cum Capital Withdrawal (IDCW) under PGIM India Arbitrage Fund (scheme) of PGIM India MF with April 19, 2024 as the record date. The quantum of IDCW on the face value of Rs 10 per unit will be Rs 0.0437 under Regular Plan - Monthly IDCW Option and Rs 0.0441 under Direct Plan - Monthly IDCW Option.  
PGIM India MF announces IDCW under Arbitrage Fund
PGIM India MF announces IDCW under Arbitrage Fund
Source: Accord Fintech
2024-04-16 03:40:47 pm
Equity Market Outlook by Vinay Paharia, CIO, PGIM India Mutual Fund Below the Quote on Equity Market Outlook for by Vinay Paharia, CIO, PGIM India Mutual Fund   The Nifty50 index recorded a gain of 1.6%, led by rally towards the end of the month. For FY24, the index was up 28.6%. NSE Mid Cap 100 index and NSE Small Cap 100 index saw respective correction of -0.5% and -4.4% compared to the respective increase of 60.1% and 68.9% during FY24. Indices for Auto, Infrastructure and Banking sectors outperformed the broad...
Equity Market Outlook by Vinay Paharia, CIO, PGIM India Mutual Fund
Equity Market Outlook by Vinay Paharia, CIO, PGIM India Mutual Fund
Source: PGIM India Mutual Fund
2024-04-12 04:45:27 pm
Quote On RBI Monetary Policy by Puneet Pal, Head- Fixed Income, PGIM India Mutual Fund. Below the quote on RBI Monetary Policy by Puneet Pal, Head- Fixed Income, PGIM India Mutual Fund.    “The MPC meeting today maintained the status quo on policy rates and the monetary policy stance. Some sections of the market were expecting a change in stance which did not materialize though, in our view, the policy was dovish as Prof Jayant Varma voted for a rate cut and with the governor highlighting the underlying financial stability...
Quote On RBI Monetary Policy by Puneet Pal, Head- Fixed Income, PGIM India Mutual Fund.
Quote On RBI Monetary Policy by Puneet Pal, Head- Fixed Income, PGIM India Mutual Fund.
Source: PR Agency
2024-04-05 02:34:44 pm
PGIM India AMC announces change to Systematic Investment Plan facility PGIM India Asset Management (AMC) has announced addendum to the Scheme Information Document (SIDs) and Key Information Memorandum (KIMs) of the schemes of PGIM India Mutual Fund. PGIM India Mutual Fund has informed that the AMC has decided to modify its provision under the Systematic Investment Plan (SIP) facility for all the open-ended schemes of PGIM India Mutual Fund, with effect from April 01, 2024, to the extent that: ‘The SIP facility will automatically be discontinued in the s...
PGIM India AMC announces change to Systematic Investment Plan facility
PGIM India AMC announces change to Systematic Investment Plan facility
Source: Accord Fintech
2024-03-27 04:43:48 pm
PGIM India Mutual Fund launches PGIM India Retirement Fund Key Highlights:    *  PGIM India Retirement Fund opens for subscription on March 26, 2024, and closes on April 09, 2024. *  PGIM India Retirement Fund will be benchmarked against the S&P BSE 500 TRI. *  The portfolio is expected to have minimum 25% allocation towards large cap, midcap and small cap segments of the market, respectively.   Mumbai, 26 March 2024: Increasing longevity, rising healthcare costs and inflati...
PGIM India Mutual Fund launches PGIM India Retirement Fund
PGIM India Mutual Fund launches PGIM India Retirement Fund
Source: PR Agency
2024-03-27 04:25:25 pm
PGIM MF introduces Retirement Fund PGIM India Mutual Fund has launched PGIM India Retirement Fund, an open-ended retirement solution-oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier). The NFO opens for subscription on March 26, 2024 and closes on April 09, 2024. The Entry load and Exit load is nil for the scheme. The minimum subscription amount is Rs 5,000 and in multiples of Re 1 thereafter. The performance of the Scheme is measured against S&P BSE 500 TRI and its fund managers a...
PGIM MF introduces Retirement Fund
PGIM MF introduces Retirement Fund
Source: Accord Fintech
2024-03-26 12:18:02 pm
PGIM India Asset Management announces addition in OPA PGIM India Mutual Fund has informed that following Investor Service Center (ISC) of KFIN Technologies shall be an Official Point of Acceptance (OPA) for acceptance of transactions for the Schemes of PGIM India Mutual Fund with effect from February 27, 2024. Address: KFin Technologies, 1st Floor, Krishna Complex, Opp. Hathi Gate, Court Road Saharanpur, Uttar Pradesh, Pincode – 247001.
PGIM India Asset Management announces addition in OPA
PGIM India Asset Management announces addition in OPA
Source: Accord Fintech
2024-02-28 03:18:45 pm
Equity Outlook by Vinay Paharia,CIO,PGIM India Mutual Fund   Cautious on the near-term return potential for markets After hitting a new all-time high during the month, the Nifty50 closed flat in January. The mid-cap and small-cap indices continued their upward trajectory with the Nifty Mid-Cap 100 Index and the NSE Small-Cap 100 Index closing the month with gains of 5.2% and 5.8% respectively. The 3QFY24 results announced till January 2024 were largely in line with expectations, with Healthcare and Cement sector companies reporting in...
Equity Outlook by Vinay Paharia,CIO,PGIM India Mutual Fund
Equity Outlook by Vinay Paharia,CIO,PGIM India Mutual Fund
Source: PGIM India Mutual Fund
2024-02-18 09:04:39 am
PGIM India MF announces IDCW under Equity Savings Fund PGIM India Mutual Fund (MF) has informed that PGIM India Trustees, Trustee to PGIM India Mutual Fund, has approved declaration of Income Distribution cum Capital Withdrawal (IDCW) under PGIM India Equity Savings Fund (scheme) of PGIM India MF with February 16, 2024 as the record date. The quantum of IDCW on the face value of Rs 10 per unit will be Rs 0.0721 under Regular Plan - Monthly IDCW Option and Rs 0.0783 under Direct Plan - Monthly IDCW Option.
PGIM India MF announces IDCW under Equity Savings Fund
PGIM India MF announces IDCW under Equity Savings Fund
Source: Accord Fintech
2024-02-15 04:36:01 pm
RBI Policy Note by Puneet Pal, Head - Fixed Income, PGIM India Mutual Fund - A Balanced Policy Below the note on RBI Monetary Policy by Puneet Pal, Head- Fixed Income, PGIM India Mutual Fund   In our view, this policy has a dovish undertone. The dissenting vote of Prof. Varma in favour of a rate cut is a positive and it’s a matter of time when RBI changes its monetary stance as core Inflation is trending lower. In our view, RBI will await cues from the major global central banks in respect of easing  monetary policy and...
RBI Policy Note by Puneet Pal, Head - Fixed Income, PGIM India Mutual Fund - A Balanced Policy
RBI Policy Note by Puneet Pal, Head - Fixed Income, PGIM India Mutual Fund - A Balanced Policy
Source: PR Agency
2024-02-09 09:07:57 am
Quote on RBI Monetary Policy by Puneet Pal, Head- Fixed Income, PGIM India Mutual Fund Below the quote on RBI Monetary Policy by Puneet Pal, Head- Fixed Income, PGIM India Mutual Fund   “The MPC meeting today maintained the status quo on policy rates and the monetary policy stance. Some sections of the market were expecting a change in stance which did not materialize though, in our view, the policy was dovish as Prof Jayant Varma voted for a rate cut and with the governor highlighting the underlying financial stability and FY...
Quote on RBI Monetary Policy by Puneet Pal, Head- Fixed Income, PGIM India Mutual Fund
Quote on RBI Monetary Policy by Puneet Pal, Head- Fixed Income, PGIM India Mutual Fund
Source: PR Agency
2024-02-08 02:40:24 pm
PGIM India Mutual Fund launches PGIM India Large and Mid Cap Fund PGIM India Mutual Fund today announced the launch of its open-ended PGIM India Large and Mid Cap Fund. The scheme seeks to generate long term capital growth through investments in equity and equity related securities of predominantly large cap and mid cap stocks, from an actively managed portfolio. “There is a continuing opportunity for investing in high growth and good quality Large and Mid Cap companies which can take advantage of the India growth story. Such companies...
PGIM India Mutual Fund launches PGIM India Large and Mid Cap Fund
PGIM India Mutual Fund launches PGIM India Large and Mid Cap Fund
Source: PR Agency
2024-01-24 04:31:48 pm
PGIM India Asset Management announces addition in OPA PGIM India Mutual Fund has informed that following Investor Service Center (ISC) of KFIN Technologies shall be an Official Point of Acceptance (OPA) for acceptance of transactions for the Schemes of PGIM India Mutual Fund with effect from January 23, 2024. Address: KFin Technologies, Office No 202, 2nd Floor, QUBE, 97, ICRC Transport Nagar, Korba, Chhattisgarh, Pincode-495677, Contact no: 7000544408.
PGIM India Asset Management announces addition in OPA
PGIM India Asset Management announces addition in OPA
Source: Accord Fintech
2024-01-20 02:56:08 pm
Equity Outlook By Vinay Paharia, CIO, PGIM India Mutual Fund Below the Equity Outlook for by Vinay Paharia,CIO,PGIM India Mutual Fund.    Nifty50 closed with strong gains of 7.9% in December 2023, and ended CY2023 at near all-time high, on the back of retail  participation, strong FPI/DII flows, domestic macroeconomic stability and positive earnings momentum. The NSE MidCap 100 Index and NSE Small Cap 100 Index were up around 7.6% and 6.9% respectively. At sectoral level, all sectoral indices ended on a higher  note ...
Equity Outlook By Vinay Paharia, CIO, PGIM India Mutual Fund
Equity Outlook By Vinay Paharia, CIO, PGIM India Mutual Fund
Source: PR Agency
2024-01-18 12:26:16 pm
Debt Market view by Puneet Pal, Head-Fixed Income, PGIM India Mutual Fund  Below the Debt Market Outlook by Puneet Pal, Head- Fixed Income, PGIM India Mutual Fund.  10 yr benchmark bond may trade in a range of 7.10% to 7.30% over the next  one month The bond yield curve flattened in the last month of the year as short-term yields rose marginally and long end yields came down after  the policy pivot by the US Fed. The 3-5 yr segment of the bond curve outperformed. Money market yields up to 1 yr segment inched  higher as banki...
Debt Market view by Puneet Pal, Head-Fixed Income, PGIM India Mutual Fund
Debt Market view by Puneet Pal, Head-Fixed Income, PGIM India Mutual Fund
Source: PR Agency
2024-01-18 12:12:49 pm
Weekly view on Fixed Income markets by Puneet Pal, Head-Fixed Income, PGIM India Mutual Fund. Below the weekly view on Fixed Income markets by Puneet Pal, Head-Fixed Income, PGIM India Mutual Fund.   PGIM INDIA MF View     As the global monetary tightening has come to an end with the Fed’s pivot this week, we are in for a pause in the rate cycle over the next couple of quarters. RBI will also be on a long pause. Investors can look to increase allocation to Fixed Income as the next ...
Weekly view on Fixed Income markets by Puneet Pal, Head-Fixed Income, PGIM India Mutual Fund.
Weekly view on Fixed Income markets by Puneet Pal, Head-Fixed Income, PGIM India Mutual Fund.
Source: PR Agency
2023-12-18 04:57:06 pm
PGIM India MF announces IDCW under Equity Savings Fund PGIM India Mutual Fund (MF) has informed that that PGIM India Trustees, Trustee to PGIM India Mutual Fund, has approved declaration of Income Distribution cum Capital Withdrawal (IDCW) under PGIM India Equity Savings Fund (scheme) of PGIM India MF with December 15, 2023 as the record date. The quantum of IDCW on the face value of Rs 10 per unit will be Rs 0.0718 under Regular Plan - Monthly IDCW Option and Rs 0.0778 under Direct Plan - Monthly IDCW Option.  
PGIM India MF announces IDCW under Equity Savings Fund
PGIM India MF announces IDCW under Equity Savings Fund
Source: Accord Fintech
2023-12-14 03:09:24 pm
PGIM India Asset Management announces change in address of OPA at Patna PGIM India Mutual Fund has informed that Investor Service Center (ISC) of KFIN Technologies which is also an Official Point of Acceptance (OPA) of the schemes of PGIM India Mutual Fund located at ‘3A, 3Rd Floor, Anand Tower, Exhibition Road, Opp. ICICI Bank, Patna- 800001’ Contact no: - 0612-4323066 is shifting to ‘Flat No.- 102, 2 BHK Maa Bhawani Shardalay, Exhibition Road, Patna- 800001’ Contact no: - 0612-4149382, with effect from November 22, 2023.
PGIM India Asset Management announces change in address of OPA at Patna
PGIM India Asset Management announces change in address of OPA at Patna
Source: Accord Fintech
2023-11-24 06:01:09 pm
PGIM India MF announces IDCW under Arbitrage Fund PGIM India Mutual Fund (MF) has informed that that PGIM India Trustees, Trustee to PGIM India Mutual Fund, has approved declaration of Income Distribution cum Capital Withdrawal (IDCW) under PGIM India Arbitrage Fund (scheme) of PGIM India MF with November 18, 2023 as the record date. The quantum of IDCW on the face value of Rs 10 per unit will be Rs 0.0405 under Regular Plan - Monthly IDCW Option and Rs 0.0409 under Direct Plan - Monthly IDCW Option.
PGIM India MF announces IDCW under Arbitrage Fund
PGIM India MF announces IDCW under Arbitrage Fund
Source: Accord Fintech
2023-11-17 04:51:52 pm
67% Indians consider themselves retirement ready: PGIM India Mutual Fund Retirement Readiness Survey 2023 Retirement’ is climbing the ladder in financial priority for Indians, reaching 6th position in 2023 from 8th in the 2020 survey. Earlier, retirement was largely associated with fulfilling obligations for family. Over the years, it’s definition has transcended to seeking self-worth and self-identity – nurturing their inner self by taking care of themselves and exploring their interests. Today, Indians are seeking control over their finances without compromising their aspir...
67% Indians consider themselves retirement ready: PGIM India Mutual Fund Retirement Readiness Survey 2023
67% Indians consider themselves retirement ready: PGIM India Mutual Fund Retirement Readiness Survey 2023
Source: PR Agency
2023-11-07 10:18:57 am
PGIM India Asset Management announces appointment of Key Personnel PGIM India Mutual Fund has informed that Utsav Mehta has been appointed as the Vice President - Fund Manager of the AMC, with effect from October 23, 2023. Consequently, following details of Utsav Mehta shall be added under ‘Information on Key Personnel of the Asset Management Company’ under sub-section ‘D. ‘The Asset Management Company (AMC)’ under section ‘I. INFORMATION ABOUT SPONSOR, AMC AND TRUSTEE COMPANIES’, in the SAI of the PGIM India Mutual ...
PGIM India Asset Management announces appointment of Key Personnel
PGIM India Asset Management announces appointment of Key Personnel
Source: Accord Fintech
2023-10-30 04:36:20 pm
PGIM India MF announces IDCW under Equity Savings Fund PGIM India Mutual Fund (MF) has informed that that PGIM India Trustees, Trustee to PGIM India Mutual Fund, has approved declaration of Income Distribution cum Capital Withdrawal (IDCW) under PGIM India Equity Savings Fund (scheme) of PGIM India MF with October 17, 2023 as the record date.The quantum of IDCW on the face value of Rs 10 per unit will be Rs 0.0713 under Regular Plan - Monthly IDCW Option and Rs 0.0772 under Direct Plan - Monthly IDCW Option.
PGIM India MF announces IDCW under Equity Savings Fund
PGIM India MF announces IDCW under Equity Savings Fund
Source: Accord Fintech
2023-10-16 03:56:15 pm