PGIM India Mutual Fund launches PGIM India CRISIL IBX Gilt Index: Apr 2028 Fund

NFO period: 02^nd February - 16^th February, 2023

Highlights of the NFO:

• Scheme type - An open-ended Target Maturity Index Fund investing in constituents of the CRISIL-IBX Gilt Index - April 2028. A relatively high interest rate risk and relatively low credit risk


• Investment objective - The investment objective of the scheme is to generate returns that corresponds to the total returns of the securities as represented by the CRISIL-IBX Gilt Index-April 2028 (before fees and expenses), subject to tracking errors. However, there can be no assurance that the investment objective of the scheme will be achieved. The scheme does not guarantee/ indicate any returns.


• Product suitability - The product is suitable for investors who are seeking income over the target maturity period. An open-ended Target Maturity Index Fund by investing in constituents of the CRISIL-IBX Gilt Index - April 2028.


• Minimum Application Amount - First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter


• Plan/ Options available - Regular Plan & Direct Plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option. IDCW Option has the following two facilities: Payout of Income Distribution cum Capital Withdrawal facility (IDCW-Payout) and Reinvestment of Income Distribution cum Capital Withdrawal facility (IDCW- Reinvestment).


• Fund Managers - Mr. Puneet Pal and Mr. Bhupesh Kalyani


• Benchmark - CRISIL-IBX Gilt Index - April 2028