NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

PGIM India Global Select Real Estate Securities FoF Growth for NRI [9.23]

Min Investment

5,000

Fund Size

69.04 Cr

Expense Ratio

2.1%

Exit Load

0.5%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

9.23

-0.65%

NAV as on 01 May 24, 12:00 AM

very high risk

global other

fof

NAV as on 01 May 24, 12:00 AM

very high risk

global other

fof

3.13%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

-2.86%p.a.

Since Inception

About PGIM India Global Select Real Estate Securities FoF Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the PGIM India Global Select Real Estate Securities FoF Growth scheme from PGIM India Asset Management Private Limited. It is a Global - Other mutual fund scheme that predominantly invests in Global - Other stocks of companies. Launched on Dec 2021, PGIM India Global Select Real Estate Securities FoF Growth is Global - Other fund of its category with 69.04 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Global - Other funds.

  • PGIM India Global Select Real Estate Securities FoF Growth delivered 3.1% annual returns during the last year. It has delivered -2.9% average annual returns since the fund was launched.
  • PGIM India Global Select Real Estate Securities FoF Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in fof

Fund Objective

The primary investment objective of the Scheme is to generate long term capital appreciation from investing in the units of PGIM Global Select Real Estate Securities Fund, which primarily invests in REITs and equity and equity related securities of real estate companies located throughout the world. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/ indicate any returns

Top 1 Holdings

PGIM Global Sel RE Scrts USD I Acc

97.71%

Fund Managers

  1. Chetan Gindodia (Mar 2024 - Present)

Key Information

View Scheme Document

PGIM India Global Select Real Estate Securities FoF Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on PGIM India Global Select Real Estate Securities FoF Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in PGIM India Global Select Real Estate Securities FoF Growth?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in PGIM India Global Select Real Estate Securities FoF Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions