The scheme will predominantly invest in the units of PGIM Jennison Global Equity Opportunities Fund (the Underlying Fund), and or similar mutual funds, having an investment objective, strategy & risk profile similar to the stated underlying fund.
The PGIM Jennison Global Equity Opportunities Fund’s investment ideas are generated by the investment teams research analysts, as well as by a screening process that identifies companies with fundamental characteristics the team believes will contribute to longer term performance. Companies identified through the initial research and screening process become the focus of rigorous research, which focus on three primary aspects: competitive position, ability to execute business strategy and valuation. The PGIM Jennison Global Equity Opportunities Fund can invest without limit in non-US equity and equity related securities, and may invest a significant portion of its assets in companies located in emerging markets. The PGIM Jennison Global Equity Opportunities Fund may invest in securities of issuers of any market capitalization size without particular focus on any one sector.
Introduction
Many of you are aware or already using products/services of brands such as Microsoft, Apple, Louis Vuitton, L'Oreal, NVIDIA, Hermes International, etc. which have a global appeal. As consumers become aspirational and shift presence towards owning global brands, the demand for such companies may only increase. Have you ever wondered of participating in their growth potential?
Global Funds or International Fund of Funds allow you to invest in these companies which operate from U.S, Europe, Canada, Japan and so on.
What is PGIM India Global Equity Opportunities Fund?
- Benchmarked against MSCI All Country World Index, the fund invests in PGIM Jennison Global Equity Opportunities Fund.
- PGIM Jennison Global Equity Opportunities Fund typically invests in 35-45 stocks.
- Follows an unconstrained approach towards sourcing the best growth opportunities anywhere in the world.
- Aims to find innovative companies which naturally uncovers disruptive themes over time.
- Invests in companies listed across different markets such as United States, France, Denmark, Italy, Netherlands, United Kingdom, Germany, Japan, Belgium, South Korea, and more.
What are the benefits of investing in PGIM India Global Equity Opportunities Fund?
- Diversified across regions which helps insulate against economic risks and political tensions in any specific regions.
- A concentrated portfolio of 35-45 innovative companies with unique business models and sustainable competitive advantages.
- A high conviction-driven approach that naturally uncovers ubiquitous themes through strong stock selection.
Why you should invest in PGIM India Global Equity Opportunities Fund?
- Benefit from diversification with exposure to companies listed on stock markets outside India.
- A flexible global portfolio with opportunistic approach and unconstrained global growth investing.
- Get exposure to various geographies so that your portfolio does not depend on fortunes of a single market.
- Get exposure to US Dollar as an asset class. Rising foreign currency expenses such as foreign education and travel can be hedged.
- Get exposure to unique sectors and themes across the world (Luxury products, mobile payments, video streaming, gaming, e-commerce, and more).
What should be the ideal time horizon of investing in PGIM India Global Equity Opportunities Fund Fund?
How is PGIM India Global Equity Opportunities Fund different from PGIM India Emerging Markets Equity Fund?
- PGIM India Global Equity Opportunities Fund invests in shares listed in developed markets such as US, Europe, UK, Japan and so on.
- PGIM India Emerging Markets Equity Fund invests in shares listed in emerging markets such as Brazil, Korea, Hong Kong, Taiwan, India, Indonesia, among others.
Frequently Asked Questions
How to invest in PGIM India Global Equity Opportunities Fund?
Registered Investment Adviser or Mutual Fund distributor registered with SEBI/AMFI.
Do consult your financial advisor before investing to understand if the fund fits into your risk profile.
Can I invest through SIP and lumpsum mode in PGIM India Global Equity Opportunities Fund?
- The minimum application amount under this fund is Rs 5,000 for a lumpsum transaction. You can invest a minimum of Rs 1,000 as additional investment
- #No fresh SIP/STP registrations/switch-ins are allowed in this scheme
# With effect from July 03, 2023, PGIM India Mutual Fund has decided to keep the subscriptions open in this scheme and make investments in overseas fund/securities up to head room available in these schemes without breaching the overseas investment limits, till further notice
What frequency/dates are allowed for Systematic Investment Plan (SIP), Systematic Transfer Plan (STP) and Systematic Withdrawal Plan (SWP) transactions in PGIM India Global Equity Opportunities Fund?
- SIP: Any date of the month or quarter, as applicable.
- STP: Daily, Weekly, Monthly and Quarterly. 5 instalments of Rs 1,000/- and in multiples of ` 1/- thereafter to all open ended schemes except PGIM India ELSS Tax Saver Fund.
- SWP: Monthly, Quarterly and Annually.
How is PGIM India Global Equity Opportunities Fund taxed?
Capital gains arising out of investments made from April 1, 2023, are taxed (short-term and long-term capital gains) as per your slab rate. Indexation benefit is not available.