PGIM India Mutual Fund announces temporary suspension of fresh subscription in its 3 international funds

PGIM India Mutual Fund has temporarily suspended subscriptions in three international fund of funds from July 9, citing overseas investment limits. Fresh SIP registrations will not be accepted after the cut-off time on July 8, while existing SIP a...

PGIM India Mutual Fund announces temporary suspension of fresh subscription in its 3 international funds
PGIM India Mutual Fund has announced the temporary suspension of subscriptions in 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 - with effect from July 9.

The fund house said that fresh Systematic Investment Plan (SIP) registrations will not be accepted after the cut-off time on July 8, 2026.

The notice-cum-addendum forms an integral part of the Scheme Information Documents (SIDs) and Key Information Memorandums (KIMs) of the designated schemes, as amended from time to time. All other terms and conditions of the SIDs and KIMs of the designated schemes will remain unchanged.


The fund house has also asked investors to refer to the notice-cum-addenda dated May 15, 2026, June 04, 2026 and June 10, 2026 regarding the reopening and revision of subscription limits in the designated schemes.

In June, the fund house said the AMC had decided to revise the subscription limits for these three schemes. For fresh SIP registrations, the maximum subscription limit was fixed at Rs 50,000 per day, per investor, per scheme (at the primary holder PAN level), received before the cut-off time on any business day.

According to the latest notice-cum-addendum, instalments under existing Systematic Investment Plans (SIPs) and Systematic Transfer Plans (STPs) will continue without interruption.
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Earlier, on May 16, the fund house announced the reopening of subscriptions in its 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 - with effect from May 18.

Through a notice-cum-addendum, the AMC said subscriptions would be allowed in these three international funds. Fresh SIP/STP registrations of up to Rs 2 lakh per day, per investor, per scheme (at the primary holder PAN level), received before the cut-off time on any business day, were permitted.

On March 10, the fund house announced temporary restrictions on subscriptions to units in these three international funds. Instalments under existing Systematic Investment Plans (SIPs) and Systematic Transfer Plans (STPs) continued. There was no restriction on switch-out transactions or IDCW transfer-out instalments, and units were allotted where the switch-out transaction or the systematic/IDCW transfer-out leg was processed before the cut-off time. The move, announced on March 10, was aimed at avoiding a breach of the prescribed overseas investment limits.

On February 5, 2026, the fund house announced the reopening of subscriptions in these three international funds, with effect from February 6, with a maximum subscription limit of Rs 5 lakh per day.
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On December 10, 2025, the fund house announced the temporary suspension of subscriptions 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 to avoid breaching the prescribed overseas investment limit.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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