In 2022, SEBI has permitted MFs to just accept subscriptions and put money into abroad funds/securities as much as the headroom out there with out breaching the abroad funding limits as of February, 2022 at MF leve
PGIM India Mutual Fund has revised contemporary SIP registrations in three of its overseas-focused funds – PGIM India International Fairness Alternatives Fund of Fund, PGIM India Rising Markets Fairness FoF and PGIM India International Choose Actual Property Securities FoF – has been capped at ₹50,000 per day per investor with impact from Friday.
Recent systematic switch plan into the schemes has been stopped from Thursday. Nevertheless, current SIP and STP will proceed, it mentioned.
In 2022, SEBI has permitted MFs to just accept subscriptions and put money into abroad funds/securities as much as the headroom out there with out breaching the abroad funding limits as of February, 2022 at MF degree.
In view of the identical, the AMC has determined to revise the subscription limits in three schemes with impact from June 5, it mentioned.
Revealed on June 4, 2026
