PGIM India Asset Management Pvt Ltd launches Multi Asset Allocation Fund
Chennai, November 11, 2025: PGIM India Asset Management Pvt Ltd
announced the launch of the PGIM India Multi Asset Allocation Fund (MAAF),
an open-ended scheme designed to deliver long-term capital appreciation through
strategic diversification across multiple asset classes.
The new fund offer opens for subscription on November 11, 2025 and
closes on November 25, 2025. The scheme re-opens for subscription on December
03, 2025.
The fund offers investors exposure to multiple asset classes like
equity, debt, Gold ETFs, Silver ETFs, Real Estate Investment Trusts (REITs),
Infrastructure Investment Trusts (InvITs), with dynamic allocation tailored to
market cycles.
“The PGIM India Multi Asset Allocation Fund is built to help investors
navigate uncertainty while capturing opportunities across asset classes,” said
Abhishek Tiwari, Chief Executive Officer, PGIM India Asset Management Pvt Ltd.
“The popular saying "diversification is the only free lunch in
investing" seems to have been made keeping Multi Asset Allocation Funds in
mind where an investor can aim to improve his investing outcome without
compromising return potential.”
Asset Allocation
“In a world of uncertainty, multi-asset allocation funds offer clarity,
diversification and resilience. In volatile markets, diversification isn’t just
a strategy it’s a necessity. PGIM Multi Asset Allocation Fund endeavours
to deliver that,” says Vinay Paharia, CIO, PGIM India Asset Management Pvt Ltd.
“PGIM Multi Asset Allocation Fund aims to deliver risk-adjusted outcomes
across market cycles. By blending equity, debt, and commodities, we aim to
deliver growth over long run while managing the downside risk,” says Vivek
Sharma, Senior Fund Manager – Equities, PGIM India Asset Management Pvt Ltd.
Why Multi Asset?
Many investors base their decisions on historical performance,
frequently buying assets that have recently done well. This tendency causes
them to sell underperforming investments and purchase potentially overvalued
ones, which can lead to lower returns. Strong gains in any asset class often
result in substantial net inflows, indicating that investors typically enter
the market after a rally. On the other hand, poor performance usually prompts
rapid sell-offs. This reactive behavior—buying when prices are high and selling
when they are low—can hurt long-term portfolio growth. Instead of trying to
time the market based on recent movements, investors benefit more from adhering
to a consistent, long-term strategy that reduces emotional decision-making.
Benefits of Multi Asset Allocation Fund:
- Different
asset classes perform differently in different economic scenarios.
- Equities
are great for long-term wealth creation but offer little to no protection
during a down cycle, while Debt may provide stable returns but fail to
capture the upcycle.
- Precious
metals may provide greater downside protection during downcycles.
- A
diversified portfolio with a mix of major asset classes may help to
achieve risk-adjusted return over the longer term.
- Tax-efficient
structure with equity-oriented treatment if equity investments are =>
65%.
- Behavioral
edge through professional rebalancing and reduced emotional bias.
- Strategic
allocation to precious metals, which have historically outperformed during
equity downturns. (Source: MFI ICRA, FactSet). E.g.:- Global Financial
Crisis (2008), Euro Zone Sovereign Debt Crisis (2010).
The fund will be managed by Vivek Sharma (Equity Portion), Anandha
Padmanabhan Anjeneya (Equity Portion),Utsav Mehta (Equity Portion) and Puneet
Pal (Debt Portion). The fund is benchmarked against 60% of Nifty 500 TRI + 20%
of Crisil Short Term Bond Index + 10% of Domestic prices of Gold + 10% of
Domestic prices of Silver.
Other key features:
·
Plan/Options: IDCW (Payout of Income Distribution cum
Capital Withdrawal option/ Reinvestment of Income Distribution cum Capital
Withdrawal option) and Growth.
·
Minimum Application: Initial
Purchase/Switch-in - Minimum of Rs. 5,000/- and in multiples of Re.
1/-thereafter. Additional Purchase - Minimum of Rs. 1,000/- and in multiples of
Re. 1/-thereafter.
·
Exit Load: For Exits within 90 days from date of
allotment of units : 0.50%. For Exits beyond 90 days from date of allotment of
units : NIL
