PGIM India Large and Midcap Fund NFO: Essential details you need to know

25 Jan 2024 , 10:00 AM

PGIM India Mutual Fund is launching NFO under its “equity category”, named as PGIM India Large and Midcap Fund. The investment objective of the scheme is to seek long term capital growth through investments in equity and equity related securities of predominantly large cap and mid cap stocks.

Investment strategy: The portfolio will be built utilizing a combination of the top-down and bottom-up portfolio construction process, focusing on the fundamentals of each stock, including quality of management. The fund manager will aim to build a diversified portfolio with exposure across sectors.

Asset allocation: Being a thematic fund, the Scheme will invest predominantly in equity and equity related securities of predominantly large cap and mid cap stocks.

Who should invest?

Investors with very high risk appetite and want to invest for 5 to 7 years to diversify their portfolio in large and midcap stocks should invest in PGIM India Large and Midcap Fund. 

Risk associated: Very high level of risk.

Benchmark: S&P BSE Healthcare TRI.

Fund Managers: Mr. Vinay Paharia, Mr. Anandha Padmanabhan Anjeneya, Mr. Utsav Mehta, Mr. Puneet Pal and Mr. Ojasvi Khicha

The NFO is available for subscription from January 24 to February 7. The schemes will reopen for continuous sale and repurchase within five Business Days from the date of allotment. The fund offers systematic investment solutions like SIP and SWP to create a flexible investment plan. The minimum subscription amount is Rs 500/- and in multiples of any amount thereafter. 

It offers Regular Plan and Direct Plan. Each plan offers Growth and Income options. Click here to invest in PGIM India Large and Midcap Fund.