PGIM India Global Select Real Estate Securities FoF Fund Direct Growth

PGIM India Global Select Real Estate Securities FoF Fund Direct Growth is an equity fund. This fund was started on 3 December, 2021. The fund is managed by Anandha Padmanabhan Anjeneyan. The fund could potentially beat inflation in the long-run.

1. PGIM India Global Select Real Estate Securities FoF Fund Direct Growth has ₹44 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
2. The fund has an expense ratio 1.3.
   

PGIM India Global Select Real Estate Securities FoF Fund Direct Growth has given a CAGR return of 1.20% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 9.98% and 5.89% respectively.

PGIM India Global Select Real Estate Securities FoF Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Real Estate, Tech, Government. Its top holdings are PGIM Global Sel RE Scrts USD I Acc

As it is a global - other mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

The primary investment objective of the Scheme is to generate long term capital appreciation from investing in the units of PGIM Global Select Real Estate Securities Fund, which primarily invests in REITs and equity and equity related securities of real estate companies located throughout the world. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/ indicate any returns

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. PGIM India Global Select Real Estate Securities FoF Fund Direct Growth has no lock in period.