PGIM India Global Equity Opportunities Fund

PGIM India Global Equity Opportunities Fund the largest international fund in the country with an AUM of over Rs 300 crore offers you an opportunity to invest in global champions like Amazon.com, Netflix, MasterCard, Microsoft, and Loreal &Ferrari among others. In addition, you get benefits of diversification with exposure to companies listed on stock markets outside India.  

PGIM India Global Equity Opportunities Fund through the underlying fund invests in companies around the world without restrictions of countries and sectors. It seeks to build a flexible global portfolio with opportunistic approach and unconstrained global growth investing. This fund invests 60% of the AUM in American stocks, 30% in European stocks and 10% in China/Hong Kong equities.

The fund since last October 2019 to September 2020 has given over 65% returns to investors. Giving the investors exposure to US Dollar appreciation. Investors who invested in dollar denominated fund made 179% absolute (22.85% CAGR) in the last 5 years. Investors who invested by converting Indian rupee into US Dollar made 209% absolute (25.33% CAGR) higher return during the same period.

Since the Indian market has a very low correlation with some of the overseas markets, having global exposure ensures healthy diversification. Invest today and be a proud owner of this champion team. or 

Features:

The primary investment objective of the Scheme is to generate long term capital growth from a diversified portfolio of units of overseas mutual funds. 

The Scheme will be predominantly invest in the units of PGIM Jennison Global Equity Opportunities Fund (the Underlying Fund), and or similar mutual funds, having an investment objective, strategy & risk profile similar to the stated underlying fund. It is benchmarked against MSCI All Country World Index.

Suitability:

This is a fund that invests mainly in shares of foreign companies and is suitable for investors willing to take high risk. When you invest for long term say 5 years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

Taxability of earnings:

Capital gains

• If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
• If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
• No tax is to be paid as long as you continue to hold the units.

*Consult your tax consultants for tax implications.

Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

To know more 

You can use GIIS Financial tools or Our Android App  for Investment, tracking and Asset allocation planning. 

*Mutual Fund Investments are subject to market risk, read all scheme related documents carefully.

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