According to a notice-cum-addendum issued by the asset management company, subscriptions will resume in PGIM India Asset Management’s designated schemes — 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.
The move comes after the schemes’ subscriptions were temporarily suspended in March 2026. The company cited a Securities and Exchange Board of India (SEBI) communication dated June 17, 2022, which permits mutual funds to accept subscriptions and invest in overseas securities within the available industry-wide overseas investment limits.
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Under the revised arrangement, the fund house will allow fresh Systematic Investment Plans (SIPs) and Systematic Transfer Plans (STPs) of up to ₹2 lakh per day per investor per scheme at the primary holder PAN level, provided applications are received before the cut-off time on a business day.
The addendum stated that all other terms and conditions of the schemes’ Scheme Information Documents (SIDs) and Key Information Memorandums (KIMs) remain unchanged.
The notice was issued by PGIM India Asset Management, the investment manager for PGIM India Mutual Fund.
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