Description

PGIM India Mutual Fund launches PGIM India Multi Asset Allocation Fund NFO with SIP facility on BSE StAR MF Platform from November 11-25, 2025.

Summary

PGIM India Mutual Fund is launching the PGIM India Multi Asset Allocation Fund as a New Fund Offer (NFO) with SIP facility on the BSE StAR MF Platform. The NFO period runs from November 11, 2025, to November 25, 2025, with six scheme options across Regular and Direct plans. The tentative allotment date is November 28, 2025.

Key Points

  • Six scheme options available: Regular Plan (IDCW Payout, IDCW Reinvestment, Growth) and Direct Plan (IDCW Payout, IDCW Reinvestment, Growth)
  • All schemes classified as Hybrid (NC) category
  • Clear funds must be available in ICCL Account by 6:00 PM on November 28, 2025
  • Transactions without client-initiated funds by 9:00 AM on T+1 will be cancelled
  • NFO extended till midnight on November 25, 2025, for lumpsum purchases only
  • SIP/XSIP registration authentication required before 3:00 PM on NFO closure date
  • Cheques and OTM payments acceptable during NFO period subject to clear funds receipt
  • Switches accepted during NFO period subject to funds receipt on or before allotment date

Regulatory Changes

No regulatory changes announced.

Compliance Requirements

  • Members must ensure client-initiated funds by 9:00 AM on T+1 day to avoid cancellation
  • Cancelled transactions (CC with N flag) must be reported to RTA/AMC
  • Pending transactions remain in system till 3:00 PM on last day of NFO payout or T+5, whichever is earlier
  • Clear funds must be available in ICCL Account by 6:00 PM on November 28, 2025, for unit allotment
  • SIP/XSIP authentication must be completed by clients before 3:00 PM on November 25, 2025

Important Dates

  • NFO Start Date: November 11, 2025
  • NFO Closure Date: November 25, 2025
  • Extended Trading (Lumpsum only): Till midnight on November 25, 2025
  • SIP/XSIP Authentication Deadline: 3:00 PM on November 25, 2025
  • Tentative Allotment Date: November 28, 2025
  • Clear Funds Deadline: 6:00 PM on November 28, 2025

Impact Assessment

This is a routine NFO launch with minimal market impact. The announcement affects only participants in the BSE StAR MF Platform who wish to invest in PGIM India’s new multi-asset allocation fund. The hybrid fund structure offers diversification across asset classes. Members need to ensure compliance with payment timelines to avoid transaction cancellations and ensure successful unit allotment for their clients.

Impact Justification

Standard NFO launch announcement for mutual fund schemes on BSE platform with no market-wide impact