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 | Existing | Revised |
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 Fund | For 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 Fund | For 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/- 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 Overnight Fund | For 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 Fund | For 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/- thereafter | For 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. |