Summary of this article
PGIM reopens three international FoFs after regulatory pause
Fresh SIPs, lump sum allowed with Rs 5 lakh cap
Reopening aligned with Sebi overseas investment limits
PGIM India Mutual Fund has announced the reopening of subscriptions in three of its international fund of fund (FoF) schemes, nearly two months after inflows were temporarily halted due to overseas investment limit regulations.
In a notice issued on February 5, 2026, PGIM India Asset Management said fresh subscriptions will resume in the PGIM India Global Equity Opportunities Fund of Fund, PGIM India Emerging Markets Equity Fund of Fund, and PGIM India Global Select Real Estate Securities Fund of Fund. The fund house had earlier suspended subscriptions in these schemes through a notice dated December 10, 2025.
The reopening comes in line with regulatory guidance on overseas investment limits.
The Securities Exchange Board of India (Sebi), had through a communication on June 17, 2022 allowed mutual funds to accept subscriptions and invest in overseas securities up to the available headroom, without breaching the limits that were in place as of the end of the day on February 1, 2022 at the mutual fund level.
PGIM India AMC said subscriptions in the designated schemes will be permitted in a calibrated manner. Investors will be able to make fresh systematic investment plan (SIP) registrations, systematic transfer plans (STPs), switch-ins, and lump sum investments, subject to a cap of Rs 5 lakh per day, per investor, per scheme. The limit will be tracked at the primary holder Permanent Account Number (PAN) level, and transactions must be received before the applicable cut-off time on a business day.
The fund house clarified that this notice-cum-addendum forms an integral part of the scheme information documents (SIDs) and key information memorandums (KIMs) of the three schemes. All other terms and conditions of the scheme documents will remain unchanged.
Investors have also been urged to ensure their PAN, KYC, email address, mobile number and nominee details are updated with the asset management company. The notice also advised unitholders to link their PAN with Aadhaar and to check the mutual fund’s website for the Investor Charter as well as any unclaimed redemption or IDCW payouts.
