A Guide To Investing In Pgim Mutual Funds

PGIM India Mutual Fund, formerly known as DHFL Pramerica Mutual Fund, is a fully-owned business of PGIM, the global investment management business of US-based Prudential Financial, Inc. (PFI). PFI is one of the top 10 investment managers with over USD 1.4 trillion in assets under management (AuM). PGIM offers a wide range of actively managed funds, including income-oriented stock and bond funds, style-specific growth and value funds, and specialty funds. To invest in PGIM India Mutual Fund, you can follow a few simple steps, including registering for an account, uploading necessary documents, choosing your preferred investment period and risk level, and selecting the specific PGIM India Mutual Fund you want to invest in.

PGIM India Mutual Fund

PGIM India Asset Management is a full-service investment manager offering a broad range of equity and fixed-income solutions to retail and institutional investors across the country. It manages 19 open-ended funds, including domestic and offshore mutual funds, and portfolio management services. The fund house leverages PGIM's 140-year legacy and its strength and stability to build on its decade-long history in India.

• PGIM India Liquid Fund
• PGIM India Dynamic Bond Fund
• PGIM India Gilt Fund
• PGIM India Corporate Bond Fund
• PGIM India Low Duration Fund
• PGIM India Midcap Opportunities Fund
• PGIM India ELSS Tax Saver Fund
• PGIM India Flexi Cap Fund
• PGIM India Equity Savings Fund
• PGIM India Money Market Fund
• PGIM India Ultra Short Duration Fund
• PGIM India Banking & PSU Debt Fund
• PGIM India Short Duration Fund
• PGIM India Balanced Advantage Fund
• PGIM India Large Cap Fund

To invest in PGIM India Mutual Fund, you can follow these steps:

• Register and create an account on the Groww platform.
• Upload your photo identity proof documents, such as PAN, Voter ID, Aadhaar, Passport, Driving Licence, or Central/State Government ID card.
• Provide your address proof documents, including any identity proof with your permanent address.
• Choose your preferred investment period.
• Select your desired risk level: low, mid, or high.
• Pick the specific PGIM India Mutual Fund you want to invest in from the list of available options.
• Decide on your investment method: "Invest One Time" for a lump sum amount or "Start SIP" for systematic investments.

Your investment in the PGIM India Mutual Fund will typically reflect in your Groww account within 3 to 4 working days. Remember to carefully consider the fund's investment objectives, risks, charges, and expenses before investing. Consult the prospectus and summary prospectus for detailed information, and seek advice from your financial professional if needed.

PGIM Total Return Bond Fund

The PGIM Total Return Bond Fund offers a robust process and deep resources, making it a worthwhile offering for investors who can tolerate higher-than-average volatility. The fund's performance objective and investment process are sensible, well-defined, and repeatable, contributing to its strong Morningstar rating.

The fund's management team, PGIM, is a well-known and reputable investment management company. They have a range of investment products distributed by Prudential Investment Management Services LLC, a Prudential Financial company, and a member of SIPC.

Before investing, it is essential to carefully consider the fund's investment objectives, risks, charges, and expenses. The prospectus and summary prospectus contain detailed information about the fund, and it is recommended to consult with a financial professional to review these documents before making any investment decisions.

PGIM Short-Term Corporate Bond Fund

The PGIM Short-Term Corporate Bond Fund is designed to manage interest rate risk by focusing on short-term bonds, and fund managers focus on investment-grade bonds—those rated BBB or higher by Standard & Poor's and deemed low risk. Thirty-nine percent of the holdings are rated BBB, the lowest end of the investment-grade spectrum, which may increase returns but also adds risk.

The fund has an expense ratio of 0.71%, with a minimum initial investment of $1,000. The fund's largest holdings include bonds issued by AT&T Inc., Verizon, JPMorgan Chase, Medtronic, and Goldman Sachs Group Inc.

It's important to note that bond investing carries interest rate and credit quality risk. While fund managers strive to mitigate these risks, short-term, high-quality fixed-income securities can still underperform other asset classes.

PGIM Short Duration Multi-Sector Bond Fund

The fund's volatility is higher than that of its average peer, but it has demonstrated the ability to generate sufficient returns over time to compensate for this higher risk. As of January 23, 2024, Morningstar gave the fund a Morningstar Medalist Rating.

The fund's top holdings as of May 31, 2024, include United States Treasury Notes (4%), Prudential Govt Money Mkt Fd, and Federal National Mortgage Association (6%).

Before investing, carefully consider the fund's investment objectives, risks, charges, and expenses. Contact the PGIM Investments Sales Desk at (800) 396-5501 to obtain the prospectus and summary prospectus, and be sure to read them carefully. Investing involves risk, and there is no guarantee that a fund's objectives will be achieved.

PGIM Jennison International Opportunities Fund

PGIM offers a diversified selection of over 70 actively managed funds, including income-oriented stock and bond funds, style-specific growth and value funds, and specialty funds. One of these funds is the PGIM Jennison International Opportunities Fund, which seeks growth of capital by investing in non-US companies. This fund employs a fundamental, bottom-up stock-picking approach.

While PGIM does not outline specific steps on how to invest in this particular fund, they do provide general advice for investing in their mutual funds. They recommend that investors carefully consider a fund's investment objectives, risks, charges, and expenses before investing. This information can be found in the fund's prospectus and summary prospectus, which can be obtained by contacting a financial professional or the PGIM Investments Sales Desk at (800) 396-5501. It is important to read these documents carefully before investing, as investing involves risk and there is no guarantee that a fund's objectives will be achieved.

Additionally, it is worth noting that mutual fund investing involves risk, and some mutual funds are riskier than others. The investment return and principal value of mutual funds will fluctuate, and investors could gain or lose money when they sell their shares. Fixed-income investments are also subject to interest rate risk, meaning their value will decline as interest rates rise.

One source outlines some specific details about the PGIM Jennison International Opportunities Fund. As of September 11, 2024, the NAV was 30.17, and the fund had total assets of 5.1 billion USD. The expense ratio was 1.090%, and the distribution fee level was below average. The minimum initial investment required for this fund was 1,000 USD.

Frequently asked questions