The move applies to fresh SIP registrations 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.
These schemes invest in overseas mutual funds that, in turn, invest in global equities or international real estate securities, giving Indian investors exposure to foreign markets.
According to a notice issued by the asset management company, fresh SIP registrations will no longer be accepted after the cut-off time on July 8.
The suspension is temporary and relates only to new SIP registrations. Existing investors and other scheme terms remain unchanged unless notified separately.
Why has PGIM India suspended fresh SIPs?
The decision is linked to the overall overseas investment limits applicable to the mutual fund industry.
In June 2022, the market regulator allowed mutual funds to accept subscriptions and invest in overseas securities or funds only to the extent of the available headroom under the industry’s overseas investment limit. The cap was introduced after the industry came close to exhausting the regulatory limit for overseas investments.
Since then, fund houses have periodically suspended, reopened or revised subscription limits in overseas schemes depending on the headroom available under the industry-wide limit.
PGIM India had earlier suspended subscriptions in these schemes in March 2026 and subsequently reopened them with revised investment limits through notices issued in May and June 2026.
The latest notice reinstates the temporary suspension for fresh SIP registrations.
The fund house said the notice forms part of the Scheme Information Documents (SIDs) and Key Information Memorandums (KIMs) of the affected schemes. All other terms and conditions of the schemes remain unchanged.
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First Published: Jul 9, 2026 7:44 AM IST
