The Scheme will be predominantly invest in the units of PGIM Jennison Emerging Markets Equity Fund (the Underlying Fund)
The fund seeks out the strongest investment opportunities among the emerging markets with focus on
The Fund aims to achieve a long term growth of capital by investing in companies in their early stages of acceleration in their growth
Introduction
Emerging economies are becoming a force to reckon with. From 37% in 1990, emerging economies contribution to global GDP has increased to 58% as of 2020. (Source: IMF World Economic Outlook). Not surprisingly, investor interest in increasing allocations to emerging markets (EM) continues to grow rapidly, given the sheer size and economic growth potential.
Trends like the expansion of the working-age labour force, changes in consumption needs of the rising middle class, opportunities presented by digital disruption, increasing urbanization trends, and improvements in healthcare will all play a vital role in the economic expansion of EM in the coming years. PGIM India Emerging Markets Equity Fund is well-positioned to benefit from the structural growth unfolding in the emerging markets.
What is PGIM India Emerging Markets Equity Fund?
- Benchmarked against MSCI Emerging Market Index TRI, PGIM India Emerging Markets Equity Fund invests in PGIM Jennison Emerging Markets Equity Fund.
- PGIM Jennison Emerging Markets Equity Fund invests in rapidly growing companies around the developing world. Typically invests in 35-45 stocks.
- Has the flexibility to invest across the entire emerging market equity landscape following an approach that is unconstrained by benchmark, region or market cap.
- Invests in companies listed across different markets such as China, India, South Korea, Thailand, Brazil, Taiwan, Indonesia, Singapore and more.
What are the benefits of investing in PGIM India Emerging Markets Equity Fund?
- Benefit from higher consumption growth in emerging markets owing to younger demographic.
- Market capitalization of emerging economies is increasing.
- Benefit from the past pace of economic growth in this region.
- Benefit from trends that are shaping tomorrow’s world.
- No limitation on sector/region exposure.
Why you should invest in PGIM India Emerging Markets Equity Fund?
- To improve the diversification and reduce the portfolio volatility.
- To participate in the long-term trend of dollar appreciation against the Rupee.
- To participate in opportunities/themes that do not have adequate representation on the domestic bourses.
What should be the ideal time horizon of investing in PGIM India Emerging Markets Equity Fund?
Frequently Asked Questions
How to invest in PGIM India Emerging Markets Equity 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 Emerging Markets Equity 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.
- #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 Emerging Markets Equity Fund?
- SIP: Monthly and quarterly SIP transactions are permitted on any day except for the 29th, 30th, and 31st day of the month or quarter.
- STP: Daily, Weekly, Monthly and Quarterly.
- SWP: Monthly, Quarterly and Annual.
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.