PGIM India Mutual Fund Updates Subscription Limits for International Funds
PGIM India Mutual Fund revises subscription limits in its 3 international funds
Image: The Economic Times
PGIM India Mutual Fund has revised subscription limits for its three international funds effective June 5, allowing fresh systematic investments of up to ₹50,000 per day per investor. This follows previous adjustments to subscription rules to comply with overseas investment limits set by SEBI.
- 01The maximum subscription limit for fresh systematic investments in the three international funds is now ₹50,000 per day per investor.
- 02Subscriptions in these funds were reopened on May 18, 2026, after temporary restrictions were imposed on March 10, 2026.
- 03As of April 30, 2026, the assets under management (AUM) for PGIM India Global Equity Opportunities Fund of Fund was ₹1,693 crore.
- 04The fund house manages only these three international funds, which include PGIM India Emerging Markets Equity Fund of Fund and PGIM India Global Select Real Estate Securities Fund of Fund.
- 05SEBI's approval allows mutual funds to invest in overseas securities within specified limits, which the fund house is adhering to.
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PGIM India Mutual Fund has announced a revision in the subscription limits for its three international funds: 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, effective June 5, 2026. The new limit allows fresh systematic investment plans (SIPs) of up to ₹50,000 per day per investor for each scheme. This change comes after the fund house had previously reopened subscriptions on May 18, 2026, following temporary restrictions imposed on March 10, 2026, to comply with SEBI regulations regarding overseas investment limits. As of April 30, 2026, the assets under management for these funds were reported at ₹1,693 crore for the Global Equity Opportunities Fund, ₹1,389 crore for the Emerging Markets Equity Fund, and ₹60.55 crore for the Global Select Real Estate Securities Fund. The fund house has stated that all other terms and conditions of the schemes will remain unchanged.
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The revised subscription limits may encourage more investors to participate in the international funds, potentially increasing their AUM and providing more diversification options for investors.
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