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Change in Provisions on SIP in PGIM India Mutual Fund


PGIM India Mutual Fund has decided to change the Minimum Investment Amount and Minimum Number of Installments in all existing schemes offering SIP with effect from September 01, 2020:

Schemes ExistingRevised
All open ended Schemes except PGIM India Long Term Equity Fund, PGIM India Insta Cash Fund, PGIM India Diversified Equity Fund and PGIM India Overnight FundFor Monthly frequency: 10 installments of Rs. 500/- each and in multiples of Rs. 1/- thereafter. For Quarterly frequency: 5 installments of Rs. 1000/- each and in multiples of Rs. 1/- thereafter.For Monthly frequency : 12 installments of Rs. 500/- each and in multiples of Rs. 1/- thereafter. For Quarterly frequency : 6 installments of Rs. 1000/- each and in multiples of Rs. 1/- thereafter.
PGIM India Insta Cash Fund and PGIM India Diversified Equity FundFor Monthly frequency : 60 installments of Rs. 100/- each and in multiples of Rs. 1/- thereafter. For Quarterly frequency : 20 installments of Rs. 300/- each and in multiples of Rs. 1/- thereafterFor Monthly frequency : 12 installments of Rs. 100/- each and in multiples of Rs. 1/- thereafter. For Quarterly frequency : 6 installments of Rs. 1000/- each and in multiples of Rs. 1/- thereafter.
PGIM India Overnight FundFor Monthly frequency : 10 installments of Rs. 500/- each and in multiples of Rs. 1/- thereafter. For Quarterly frequency : 5 installments of Rs. 1000/- each and in multiples of Rs. 1/- thereafter.For Monthly frequency : 12 installments of Rs. 100/- each and in multiples of Rs. 1/- thereafter. For Quarterly frequency : 6 installments of Rs. 1000/- each and in multiples of Rs. 1/- thereafter.
PGIM India Long Term Equity FundFor Monthly frequency : 10 installments of Rs. 500/- each and in multiples of Rs. 500/- thereafter For Quarterly frequency : 5 installments of Rs. 1000/- each and in multiples of Rs. 500/- thereafterFor Monthly frequency : 12 installments of Rs. 500/- each and in multiples of Rs. 500/- thereafter. For Quarterly frequency : 6 installments of Rs. 1000/- each and in multiples of Rs. 500/- thereafter.