Investors were informed about the change through a notice-cum-addendum. The fund house said the suspension is temporary and has been implemented to comply with the overseas investment limits prescribed by the regulator.
The suspension will not apply to redemptions, the switch-out facility, Systematic Withdrawal Plans (SWPs), Systematic Transfer Plans (STPs) from designated schemes, intra-scheme switches (Regular to Direct and vice versa), and intra-plan switches (Growth to IDCW and vice versa) under the designated schemes.
Last month, the fund house had announced a temporary suspension of subscriptions in these three international funds and said that fresh systematic registrations (SIPs) would not be accepted after the cut-off time on July 8, 2026.
In June, the fund house announced a revision in subscription limits for these three schemes. For fresh systematic registrations (SIPs), investments were capped at Rs 50,000 per day, per investor, per scheme (at the primary holder PAN level), if received before the cut-off time on any business day.
According to the June notice-cum-addendum, existing Systematic Investment Plan and Systematic Transfer Plan installments were not stopped.
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 it would allow subscriptions in these three international funds, with fresh SIP/STP registrations capped at 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.
Earlier, on March 10, the fund house had announced temporary restrictions on subscriptions to units of these three international funds. However, installments under existing Systematic Investment Plans and Systematic Transfer Plans continued.
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There was no trigger for any switch-out transactions or IDCW transfer-out installments to be accepted after the cut-off time. Units were allotted only 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 limit of Rs 5 lakh per day.
On December 10, 2025, the fund house informed investors about 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 overseas investment limit.
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