PGIM India Mutual Fund launches PGIM India Multi Cap Fund, here are the details


PGIM India Multi Cap Fund is an open-ended equity scheme launched on August 22, 2024, aiming at generating long term capital appreciation through investments in a diversified portfolio of large, mid and small cap stocks. The scheme will be open for subscription until 5th September 2024 with ₹5,000 as minimum initial investment and ₹1,000 as minimum further investment thereafter.

Objective of Scheme: The investment objective of the PGIM India Multi Cap Fund is to seek to generate long-term capital appreciation by investing in a portfolio of equity and equity-related securities across large-cap, mid-cap and small-cap stocks. However, there can be no assurance that the investment objective of the scheme will be achieved. The Scheme does not guarantee/indicate any returns.

Risk-o-meter:

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Funds Allocation (for both Schemes)

Source: Scheme Information Document

Who should invest in this fund?

This NFO of the PGIM India Multi Cap Fund is suitable for investors who are seeking long term capital appreciation and want investing in equity and equity related securities of large cap, mid cap, small cap companies.

Benchmark

The performance of the PGIM India Multi Cap Fund will be benchmarked to the performance of the Nifty 500 Multicap 50:25:25 TRI.

Peer Fund Schemes

Data As of August 21, 2024.

Who Manages the Scheme?

Vivek Sharma (Equity Portion) Fund Manager

Over 15 years of experience in the capital market

Anandha Padmanabhan Anjeneya (Equity Portion) Fund Manager: Equity

Collectively over 15 years of experience in Indian financial markets, primarily in equity research.

Utsav Mehta (Equity Portion) Fund Manager: Equity

Over 13 years of experience in Equity market, research and fund management

Puneet Pal (Debt Portion) Head: Fixed Income

More than 20 years of experience in the Debt markets within the Mutual Fund space.

Conclusion

The PGIM India Multi Cap Fund aims to offer diversified equity exposure across market capitalisations, making it suitable for long-term investors seeking capital appreciation.



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