PGIM India restarts subscriptions in 3 international funds again as Rs 2 lakh daily limit returns

Subscriptions were paused for overseas limits, now back twice
PGIM India Mutual Fund has reopened subscriptions for three international fund-of-funds—Global Equity Opportunities, Emerging Markets Equity, and Global Select Real Estate Securities—with effect from May 18. The decision follows a temporary subscription restriction imposed on March 10 to prevent breaching overseas investment limits. Investors can again place fresh SIPs or STPs up to Rs 2 lakh per day per investor per scheme, at primary holder PAN level. Existing terms remain unchanged, and installments continue as previously scheduled.
- Subscriptions for three PGIM India international funds reopen from May 18
- The funds are Global Equity Opportunities, Emerging Markets Equity, and Global Select Real Estate Securities
- A temporary restriction was imposed on March 10 to avoid breaching overseas limits
- Investors can submit fresh SIP/STP up to Rs 2 lakh daily per scheme
- The cap applies per investor per scheme at primary holder PAN level
- Earlier, the last reopening (Feb 6) allowed up to Rs 5 lakh per day
This summarization was done by Beige for a story published on
The Economic Times
