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

INVEST VIA NRE/NRO

PGIM India Multi Cap Fund Growth for NRI [9.80]

Min Investment

5,000

Fund Size

341.06 Cr

Expense Ratio

2.4%

Exit Load

0.5%

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

9.80

-1.01%

NAV as on 17 Dec 24, 12:00 AM

very high risk

multi cap

equity

NAV as on 17 Dec 24, 12:00 AM

very high risk

multi cap

equity

0.00%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

-4.60%p.a.

Since Inception

About PGIM India Multi Cap Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the PGIM India Multi Cap Fund Growth scheme from PGIM India Asset Management Private Limited. It is a Multi-Cap mutual fund scheme that predominantly invests in Multi-Cap stocks of companies. Launched on Sep 2024, PGIM India Multi Cap Fund Growth is Multi-Cap fund of its category with 341.06 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Multi-Cap funds.

  • PGIM India Multi Cap Fund Growth delivered 0.0% annual returns during the last year. It has delivered -4.6% average annual returns since the fund was launched.
  • PGIM India Multi Cap Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in equity

Fund Objective

The investment objective of the scheme is to seek to generate longterm capital appreciation by investing in a portfolio of equity and equity related securities across large cap, mid cap and small cap stocks.

Top 10 Holdings

ICICI Bank Ltd

4.69%

HDFC Bank Ltd

3.94%

Reliance Industries Ltd

3.75%

Persistent Systems Ltd

2.69%

Dixon Technologies (India) Ltd

2.42%

Varun Beverages Ltd

2.42%

Larsen & Toubro Ltd

2.25%

ICICI Lombard General Insurance Co Ltd

2.12%

Global Health Ltd

1.86%

Sun Pharmaceuticals Industries Ltd

1.85%

Fund Managers

  1. Utsav Mehta (Sep 2024 - Present)
  2. Vivek Sharma (Sep 2024 - Present)
  3. Puneet Pal (Sep 2024 - Present)
  4. Anandha Padmanabhan Anjeneyan (Sep 2024 - Present)

Key Information

View Scheme Document

PGIM India Multi Cap Fund 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 Multi Cap Fund 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 Multi Cap Fund 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 Multi Cap Fund 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