PGIM India Multi Cap Fund NFO: Date, NAV & NFO Details

PGIM India Multi Cap Fund: Complete Overview

PGIM India Mutual Fund launched the PGIM India Multi Cap Fund under its AMC ‘PGIM India Asset Management Private Limited’. It is an open-ended equity program that makes investments in small, mid, and large-cap stocks. 

The NFO date is from August 22 to September 05, 2024, with an NFO price of Rs.5000 and in multiples of Rs.1 thereafter. PGIM India Mutual Fund AUM is Rs.25,189.59 crore (as of 30 Jun 2024).

Today at the PGIM India Multi Cap Fund NFO blog, we're dedicated to providing you with useful information on this new NFO, including financial characteristics and prior performance if any.

PGIM India Multi Cap Fund NFO Details

The scheme is suitable for investors who want to achieve long-term wealth gain by investing in equity and equity-related securities in small, mid, and large-cap companies. The scheme is a very high-risk scheme. There is no assurance that the scheme's investment goal will be met.The scheme will invest 75-100% of its units in equity and equity-related instruments with each 25-50% in large-cap, mid-cap, and small-cap companies, 0-25% in Debt & Money Market Instruments including TREPs and Reverse Repo, 0-10% in REITs & InVITs units, and 0-20% in Foreign securities including overseas ETFs. 

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Fund Overview

The PGIM India Multi Cap Fund NFO minimum subscription amount is Rs.5000 and in multiples of Rs.1 thereof.

How To Invest In The NFO After The Closure Date?

If you have missed participating in the NFO and now want to invest in the same Scheme on a continuous basis, then on 13 September 2024, when the Scheme will reopen; you will have the option to participate and invest directly in the Mutual Fund by spending at NAV based price by logging on to your Demat account and search for “PGIM India Multi Cap Fund” or directly with the AMC or simply click the ‘Banner’ below.

The Objective of The Fund

The Scheme aims to achieve long-term capital gain by purchasing a portfolio of large-cap, mid-cap, and small-cap equities, as well as equity-related assets. Nevertheless, there can be no assurance or guarantee that the scheme's investment goals will be met.

Asset Allocation (% of Total Assets) of the Scheme's Portfolio will be as follows:

Peers of PGIM India Multi Cap Fund

Since this scheme is a new scheme, hence no comparable data on its past performance against its peers is available.

Risk Factors In Such Funds

• At all times, the scheme aims to allocate a minimum of 25% of its total assets to each of the three market cap categories-large, mid, and small. Investing in mid-cap and small-cap stocks is predicated on the idea that these corporations can grow into larger, more valuable companies and increase in earnings more quickly than large-cap stocks. But it's crucial to remember that, compared to large-size companies, mid-market and small company stocks might be riskier and more volatile.

• There is some risk associated with investing in equities and equity-related instruments, thus prospective buyers should only purchase equity schemes if they can afford to assume the possibility of losing their money.

• The Scheme may invest in foreign markets that carry risk due to changes in foreign exchange rates, the nature of the nation's securities market, capital repatriation owing to exchange controls, and political situations, subject to the required approvals and within the Scheme's investment objectives.

• The scheme's success will be directly impacted by the Nifty 500 Multicap 50:25:25 TRI's performance. Therefore, any modification in composition due to weighting or stock selection will affect the scheme.

• Due to variables affecting the underlying assets, investments in REITs and InvITs are prone to daily price changes and are therefore considered volatile. 
  
  

Past Performance of Multi-Cap Funds

PGIM India Multi Cap Fund NFO-Who Can Invest?

This Fund is ideal for those who want to achieve long-term wealth gain by investing in stocks of large-cap, mid-cap, and small-cap equities, as well as equity-related assets. 

PGIM India Multi Cap Fund-Growth Fund Managers:

• Mr. Vivek Sharma

• Mr. Anandha Padmanabhan Anjeneyan 

• Mr. Utsav Mehta 

• Mr. Puneet Pal

Conclusion

The PGIM India Multi Cap Fund is appropriate for investors who are high risk-tolerant and aiming for capital maturity over a long horizon in an equity scheme that primarily invests in the stock and stock-related securities of large-cap, mid-cap, and small-cap companies.

Always assess your Financial Goals, Risk tolerance, time horizons, etc. before making an investment decision. 

Disclaimer: This NFO analysis is provided solely for informative reasons and should not be construed as investment advice. Always conduct research and talk with a financial advisor before investing.