DHFL Pramerica AMC launches DHFL Pramerica Global Equity Opportunities Fund

DHFL Pramerica Mutual Fund has launched DHFL Pramerica Global Equity Opportunities Fund (DPGEOF), an open-ended fund-of-fund scheme investing in PGIM Jennison Global Equity Opportunities Fund. The underlying fund is a 7.5 year old global fund, which offers Indian investors an opportunity to invest in growth-oriented companies around the world, with no particular investment restriction on countries or sectors.

The fund will be managed by Alok Agarwal.

“Different markets do well at different points of time. Exposure to various geographies ensures that an investor’s portfolio is not dependent on the fortunes of a single market. The underlying fund offers excellent geographic diversification across the world. In addition investor’s get the benefit of diversification with exposure to companies listed on stock markets outside India,” says Agarwal.


PGIM Jennison Global Equity Opportunities Fund (underlying fund) invests predominantly in global companies like Amazon.com, Alibaba, Netflix, Tencent Holdings, Boeing, Mastercard, Louis Vuitton, Nike, Facebook, Ferrari to name a few in the strategy. The strategy is comprised of 35-45 high conviction stocks, diversified across industries and sectors.

The strategy invests in a concentrated portfolio of companies from around the world believed to be new market leaders with sustainable competitive advantages and strong financial characteristics.

The strategy seeks to capture the inflection point in a company’s growth rate driven by disruptive technologies or services, new product cycles and expanding addressable markets. The AAUM of PGIM Jennison Global Equity Opportunities Fund stands at approximately USD 159.91 million as of November 8, 2018.

The minimum investment of DHFL Pramerica Global Equity Opportunities Fund is Rs 5,000 per application.