News From Press PGM India lifts investment cap on small cap fund

PGM India lifts investment cap on small cap fund

Source: The Hindu BusinessLine Sep 1, 2021

PGIM India Mutual Fund has lifted the cap of ₹10 lakh on fresh investment in its recently launched small cap fund. The fund house had collected ₹578 crore through the small cap fund new fund offer in July.

It decided to limit fresh and additional purchases, Systematic Investment Plan, Systematic Transfer Plan and other facilities/special products offered under the scheme to ₹10 lakh per application/per instalment from August 2 until further notice.

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