PGIM India Mutual Fund Has Temporarily Suspended Systematic Investment Plans and Systematic Transfer Plans in Three International Schemes

The suspension applies to PGIM India Global Equity Opportunities Fund of Fund, India Emerging Markets Equity FoF, and India Global Select Real Estate Securities FoF. The fund house said the move follows SEBI's 2022 cap on overseas investment levels, which allowed fund houses to accept investments up to available headroom. With headroom nearing its limit, PGIM decided to suspend existing SIP and STP instalments post the August 7 cutoff timing.