PGIM India Emerging Markets Equity Fund of Fund Direct IDCW NAV today
AMFI: 138457ISIN: INF223J01NJ4PGIM India Mutual FundOverseas Fund of Funds
Formerly DHFL Pramerica Euro Equity Fund, Dws Top Euroland Offshore Fund, PGIM India Emerging Markets Equity Fund, PGIM India Emerging Markets Equity Fund (Earlier known as PGIM India Euro Equity Fund), PGIM India Emerging Markets Equity Fund (Eearlier known as PGIM India Euro Equity Fund), PGIM India Euro Equity Fund
NAV ₹9.1500
NAV for 20 Jan 2023. Declared once a day.
- Fund sizeAssets under management. The money the fund manages for all its investors, across every plan, at the end of the month.
- ₹1,415 CrSep 2026
- Expense ratioTotal expense ratio. What the fund charges each year as a share of the money invested, taken out of the NAV every day, so the returns shown are already after it.
- 0.55%21 Oct 2026
- Exit loadExit load. A charge, as a share of the amount redeemed, on units sold before a set period has passed since they were bought.
- 0.50%if sold within 90 days
- Risk levelRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- Very HighAug 2026
- HoldingsHoldings. The number of different securities in the fund's latest monthly portfolio: shares, bonds, money market paper and units of other funds, not cash, overnight lending or futures.
- 130 Sep 2026
- LaunchedLaunch date. The day the fund first allotted units to investors, at the close of its new fund offer.
- 11 Sep 2007
PGIM India Emerging Markets Equity Fund of Fund returns
Read from the direct plan's growth option: an IDCW plan's NAV falls by every payout, so it carries no return of its own
Over each window to 22 Oct 2026
| Over | ReturnTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back. |
|---|---|---|
| 1 week | −3.31% | – |
| 1 month | −14.61% | – |
| 3 months | −9.21% | – |
| 6 months | −13.32% | – |
| 1 year | +14.87% | +39.59%to 30 Sep 2026 |
| 3 years | +22.44% | +30.14%to 30 Sep 2026 |
| 5 years | +2.15% | +14.67%to 30 Sep 2026 |
| 10 years | +7.08% | +13.13%to 30 Sep 2026 |
₹10,000 put in on 8 Jan 2013 is ₹22,711 at the NAV of 22 Oct 2026Growth of ₹10,000. What ₹10,000 put in at the NAV of the first day would be worth at the latest NAV, after the fund's expenses and before tax and any exit load.Over a year and longer, a return is the yearly rate. Benchmark: MSCI Emerging Markets Index TRI, over the same days as the fund, or to the month end its cell names.
At the month end, 30 Sep 2026
| Over | FundTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark return. The change in the benchmark index's total return level over the same dates as the fund's return, as a yearly rate over a year and longer. |
|---|---|---|
| 1 year | +27.45% | +39.59% |
| 3 years | +26.97% | +30.14% |
| 5 years | +5.10% | +14.67% |
| 10 years | +8.33% | +13.13% |
| Since launch | +7.11% | +10.34% |
Benchmark: MSCI Emerging Markets Index TRI. Both as the fund house states them for the month.
Return in each calendar year
- Fund, Direct GrowthCalendar year return. The change in NAV from the last NAV of one year to the last NAV of the next.
- Loss
Highest year to Dec 2019, +22.9%; lowest year to Dec 2022, −34.9%
PGIM India Emerging Markets Equity Fund of Fund SIP returns
₹10,000 on the 1st of every month, valued at the NAV of 22 Oct 2026
| Period | InvestedAmount invested. ₹10,000 on the 1st of every month, or the next day the fund priced, added up over the period. | Value todayValue today. What the units bought by every instalment are worth at the latest NAV. | Invested against value today | SIP returnSIP return (XIRR). The yearly rate that, applied to each monthly instalment from the day it was invested, gives the value of all the units today. | After stamp dutySIP return after stamp duty. The same SIP return with stamp duty of 0.005% taken from every instalment since 1 Jul 2020, so ₹10,000 buys ₹9,999.50 of units. | Stamp dutyStamp duty paid. The stamp duty on all the instalments, in rupees: 0.005% of each purchase made since 1 Jul 2020. |
|---|---|---|---|---|---|---|
| 1 year12 instalments | ₹1,20,000 | ₹1,14,471₹1,14,465 after stamp duty | −8.85% | −8.86% | ₹6 | |
| 3 years36 instalments | ₹3,60,000 | ₹4,55,331₹4,55,308 after stamp duty | +16.14% | +16.14% | ₹18 | |
| 5 years60 instalments | ₹6,00,000 | ₹8,58,436₹8,58,393 after stamp duty | +14.44% | +14.44% | ₹30 | |
| 10 years120 instalments | ₹12,00,000 | ₹17,99,848₹17,99,795 after stamp duty | +7.90% | +7.90% | ₹38 | |
| Since Jan 2013165 instalments | ₹16,50,000 | ₹26,63,252₹26,63,199 after stamp duty | +6.68% | +6.68% | ₹38 |
From the Direct Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Rolling returns
Per cent a year, every window from 8 Jan 2013 to 22 Oct 2026
Lowest to highestAverage
LowestLowest rolling return. The worst yearly return of any window of this length in the fund's history, one window starting on each day it priced.AverageAverage rolling return. The average of the yearly returns of every window of this length in the fund's history.HighestHighest rolling return. The best yearly return of any window of this length in the fund's history.Ended higherWindows that ended higher. The share of all the windows of this length in which the NAV ended above where it started.
1 year3,102 windows−43.3%+7.8%+68.7%63.9%
3 years2,614 windows−13.6%+4.4%+33.9%66.8%
5 years2,123 windows−4.7%+3.6%+15.1%82.8%
10 years888 windows−0.4%+3.6%+9.9%98.9%
From the Direct Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
PGIM India Emerging Markets Equity Fund of Fund expense ratio and exit load
Per cent of the money invested, a year. Each month shows its last day filed; the parts were redefined from Apr 2026.
- Regular over directDirect and regular plan cost gap. The regular plan's expense ratio less the direct plan's: what buying through a distributor costs each year, since both plans own the same portfolio.
- 1.04 ptsA year, on 21 Oct 2026
- Direct, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 0.54%Over the last 30 days filed
- Regular, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 1.59%Over the last 30 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan highest 0.66%, Mar 2026.Direct plan lowest 0.12%, Jun 2020.
What the expense ratio is made of
| Part | Direct | Regular |
|---|---|---|
| Base expense ratioBase expense ratio. The part of the expense ratio that pays the fund house and the distributor, before brokerage, transaction costs, levies and GST. | 0.47% | 1.35% |
| Brokerage | None | None |
| Transaction costs | None | None |
| Statutory levies | 0.08% | 0.24% |
Per cent of assets a year, filed for 21 Oct 2026. The parts add up to that day's total.
Exit load, in the fund house's words
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.
PGIM India Emerging Markets Equity Fund of Fund AUM
₹ crore, every plan of the fund together.
- Average assetsAverage assets under management. The money the fund managed, averaged over every day of the quarter, added up across its plans.
- ₹1,399 CrQuarter to Sep 2026
- In the direct plansShare of assets in the direct plans. The direct plans' average assets for the quarter as a percentage of the fund's total; the rest is in the regular plans, bought through distributors.
- 73.5%Of the quarter's average
Average assets by quarter, by plan
- Regular plans
- Direct plans
Largest ₹1,408 Cr, quarter to Jun 2026.
Assets at each month end
Highest ₹1,487 Cr, May 2026.Lowest ₹2 Cr, Mar 2020.
PGIM India Emerging Markets Equity Fund of Fund portfolio
Portfolio disclosed for 30 Sep 2026.
Holdings on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | Held since. The first month end of the fund's current run of holding this position; marked "or earlier" where that month is the fund's first portfolio on record or the first after a gap in its portfolios. | |||
|---|---|---|---|---|
| PGIM Jennison Emerging Markets Equity Fund | 96.64% | 1,367.32 | 9,83,226 | Oct 2020or earlier |
Weight is per cent of the fund's net assets; value in ₹ crore.
Cash and receivables on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | ||
|---|---|---|
| Clearing Corporation of India Ltd. | 3.31% | 46.72 |
| Net Receivables / (Payables) | 0.05% | 0.87 |
Weight is per cent of the fund's net assets; value in ₹ crore.
Asset allocation
Asset allocation. What the fund owns, by kind of asset, each as a share of its net assets; futures and options are shown beside it, not in it, since they are contracts rather than assets bought.- Units of other funds96.64%
- Cash and receivables3.36%
Per cent of the fund's net assets.
Bought and sold
Sep 2026 against Aug 2026, position by position.
Positions changed, month by month
- New
- Added
- Trimmed
- Sold out
- New positionsNew positions. Holdings in this month's portfolio that were not in the month before.
- 0
- Sold outSold out. Holdings in last month's portfolio that are gone from this one, other than a bond or deposit repaid on its due date.
- 0
- Added toAdded to. Holdings with more units than the month before. Where the fund states no units, a weight that rose by more than a tenth.
- 1
- TrimmedTrimmed. Holdings with fewer units than the month before. Where the fund states no units, a weight that fell by more than a tenth.
- 0
- UnchangedUnchanged. Holdings with the same number of units as the month before. Their weight can still move with the price.
- 0
- Traded at leastTraded at least. The smaller of the weight bought in new positions and the weight sold out of old ones, cash left out: the least the fund must have bought and sold in the month.
- 0.00%
- Weight that movedWeight that moved. Half the sum of every position's change in weight between the two month ends, new and sold positions included; price moves alone raise it.
- 0.36%
Changes in Sep 2026
| What changed. New: not held the month before. Added or trimmed: more or fewer units than the month before, or, where no units are stated, a weight that moved by more than a tenth. Sold out: held the month before, gone now. Matured: a bond or deposit whose repayment date fell between the two portfolios, so it was repaid rather than sold (one sold in its last days reads the same). | Change in weight. The holding's weight this month less its weight the month before, in percentage points; a price move alone changes it. | ||||
|---|---|---|---|---|---|
| PGIM Jennison Emerging Markets Equity Fund | Added | 96.64% | 96.28% | +0.36 pts | +413 |
Weights are per cent of the fund's net assets; a change in weight is in percentage points.
Holdings month by month
| Holding | Oct 25 | Nov 25 | Dec 25 | Jan 26 | Feb 26 | Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PGIM Jennison Emerging Markets Equity Fund | 98.43%Added | 98.34%Added | 98.37%Added | 98.65%Cut | 96.64%Cut | 98.28%Added | 98.51%Cut | 97.40%Cut | 96.08%Added | 96.01%Added | 96.28% | 96.64%Added |
Per cent of the fund's net assets at each month end, Oct 2025 to Sep 2026. Under it, the change on the fund's previous month. "After a gap" is a holding after a month with no portfolio on record, so when it was bought is not known; "Not filed" is one gone across such a gap.
Portfolio turnover, per cent of assets a year
- TurnoverPortfolio turnover. How much of the portfolio the fund bought or sold over the last year, as a share of its assets, as the fund house states it.
Highest 130.0% in Oct 2020
Risk ratios
NAV to 22 Oct 2026
How much the NAV moves
Standard deviationStandard deviation. How far the fund's monthly returns spread around their average, stated as a yearly figure: the wider the spread, the more the NAV moves.20.52%
Downside deviationDownside deviation. Standard deviation counting only the months in which the fund lost money, stated as a yearly figure.9.98%
Sharpe ratioSharpe ratio. The monthly return above the 91-day Treasury bill yield, divided by its standard deviation and stated for a year: the extra return for each unit of movement in the NAV.0.98
Sortino ratioSortino ratio. The monthly return above the 91-day Treasury bill yield, divided by how far it fell below that yield and stated for a year: the extra return for each unit of movement on the way down.1.89
From the Direct Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Largest falls
| Largest over | FallLargest fall. The biggest drop in NAV from a high to the low that followed, before the NAV went back above that high. | High on | Low on | Back at the highBack at the high. The first day the NAV closed at or above the high it had fallen from. |
|---|---|---|---|---|
| 1 and 3 years | −21.92% | 22 Jun 2026 | 29 Jul 2026 | Not yet |
| 5 years | −45.34% | 9 Nov 2021 | 25 Apr 2023 | 2 Jan 2026 |
| 10 years and since Jan 2013 | −48.91% | 17 Feb 2021 | 25 Apr 2023 | 16 Jan 2026 |
Risk level by month
| Months | FundRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month. | BenchmarkBenchmark's risk level. The riskometer level of the fund's benchmark index for the same month, on the same six-step scale as the fund's own. |
|---|---|---|
| Mar 2025 to Aug 202618 months | Very High | Very HighMSCI Emerging Markets Index TRI |
| Feb 20251 month | Very High | Morgan Stanley Capital International (MSCI) Emerging Markets Index (Total Return Net) |
| Oct 2021 to Jan 202540 months | Very High | Very HighMorgan Stanley Capital International (MSCI) Emerging Markets Index (Total Return Net) |
The riskometer at each month end, the fund's and its benchmark's. A month with none on record is left out.
PGIM India Emerging Markets Equity Fund of Fund managers
Managers now
| Manager | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | Portfolio changed after the handover. How much of the portfolio was different three months after the manager took over: half the sum of every holding's change in weight, with each side's holdings scaled to add up to 100 so a move into cash does not count. | Portfolio changed before the handover. The same measure over the three months before the manager took over, since portfolios change anyway. | Assets the manager runs. The latest monthly size of every fund the manager runs now, added up; a fund run with others counts in full for each of its managers, and the line under it counts only the funds they run alone. | ||
|---|---|---|---|---|---|---|---|---|
| Anandha Padmanabhan Anjeneyanis a Primary Fund Manager for Equity | Feb 2025 | +18.62%a year | – | – | 0.0% | 0.0% | 13 | ₹11,972 Cr |
| Vivek SharmaComanage Fund Manager for Equity. | Feb 2025 | +18.62%a year | – | – | 0.0% | 0.0% | 14 | ₹23,471 Cr |
Returns are the direct plan's growth NAV, from the day each took over to the latest NAV, beside the benchmark over the same days.
Other funds they run
| Fund | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | ||
|---|---|---|---|---|---|
| PGIM India Flexi Cap FundAnandha Padmanabhan Anjeneyan | Jan 2021 | +13.01%a year | +12.98% | +0.03 pts | ₹5,595 Cr |
| PGIM India Global Equity Opportunities Fund of FundAnandha Padmanabhan Anjeneyan | Feb 2025 | +1.36%a year | – | – | ₹1,677 Cr |
| PGIM India Large and Midcap FundAnandha Padmanabhan Anjeneyan | Feb 2024 | +9.00%a year | +5.85% | +3.15 pts | ₹777 Cr |
| PGIM India Balanced Advantage FundAnandha Padmanabhan Anjeneyan | Apr 2023 | +8.64%a year | – | – | ₹681 Cr |
| PGIM India Large Cap FundAnandha Padmanabhan Anjeneyan | Aug 2023 | +7.30%a year | +8.47% | −1.17 pts | ₹502 Cr |
| PGIM India Multi Cap FundAnandha Padmanabhan Anjeneyan | Sep 2024 | +2.66%a year | −1.96% | +4.62 pts | ₹460 Cr |
| PGIM India Multi Asset Allocation FundAnandha Padmanabhan Anjeneyan | Nov 2025 | +3.50%over 317 days | – | – | ₹324 Cr |
| PGIM India Aggressive Hybrid Equity FundAnandha Padmanabhan Anjeneyan | Aug 2023 | +8.18%a year | – | – | ₹193 Cr |
| PGIM India Healthcare FundAnandha Padmanabhan Anjeneyan | Dec 2024 | +9.24%a year | – | – | ₹130 Cr |
| PGIM India Retirement FundAnandha Padmanabhan Anjeneyan | Aug 2024 | +3.44%a year | – | – | ₹104 Cr |
Up to ten funds a manager, largest first. Returns are the direct plan's.
Changes to the fund
Newest first.
2026
- 1 AprExpenseExpense ratio stated under the new rules: a base ratio, with brokerage, levies and GST on top
2025
- 30 AprBenchmarkBenchmark: Morgan Stanley Capital International (MSCI) Emerging Markets Index (Total Return Net) to MSCI Emerging Markets Index TRI
2020
- 31 DecBenchmarkBenchmark: MSCI European Economic & Monetary Union Index to Morgan Stanley Capital International (MSCI) Emerging Markets Index (Total Return Net)
Fund details
Objective
The primary investment objective of the Scheme is to generate long term capital growth from investing in the units of PGIM Jennison Emerging Markets Equity Fund, which invests primarily in equity and equity-related securities of companies located in or otherwise economically tied to emerging markets countries. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/indicate any returns.
Asset allocation
- Units and Securities issued by PGIM Jennison Emerging Markets Equity Fund, domiciled in Ireland - Min 95 % and Max 100 % Debt Instruments including Government Securities, Corporate Debt, Money Market Instruments (incl. Cash equivalents), Securitised Debt and units of domestic money market mutual funds - Min 0 % and Max 5 %
Type of scheme
An open ended equity fund of fund scheme investing in PGIM Jennison Emerging Markets Equity Fund
- Stated category
- Fund of Funds investing overseas
- BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back.
- MSCI Emerging Markets Index TRI
- Risk level at launchRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- Very High
- New fund offer
- 31 Jul 2007 to 29 Aug 2007
- Units first allotted
- 11 Sep 2007
- Open for sale again
- 11 Sep 2007
- Price at the offer
- ₹10 a unit
- Minimum at the offer
- ₹5,000
Plans and codes
| Plan | AMFI code | ISIN | ISIN, reinvestment | MUTF_IN | First NAV |
|---|---|---|---|---|---|
| Direct Growth | 138456 | INF223J01NL0 | PGIM_INDI_EM_NK3FED | 8 Jan 2013 | |
| Regular Growth | 138453 | INF223J01AY0 | PGIM_INDI_EM_1LJ3NRS | 24 Sep 2007 | |
| Direct IDCW | 138457 | INF223J01NJ4 | 11 Dec 2013 | ||
| Regular IDCW | 138454 | INF223J01AW4 | INF223J01AX2 | 24 Sep 2007 |
This fund
- Scheme information document (opens in a new tab)The fund's objective, terms, costs and risks in full
Factsheet
- Factsheet - September 2026 (opens in a new tab)PGIM India Mutual Fund, Sep 2026
Statement of additional information
- SAI PGIM India Mutual Fund (opens in a new tab)PGIM India Mutual Fund, Oct 2026
Annual report
- PGIM India Global Select Real Estate Securities Fund of Fund AR 2025-26 (opens in a new tab)PGIM India Mutual Fund, Jul 2026
- PGIM India Global Equity Opportunities Fund AR 2025-26 (opens in a new tab)PGIM India Mutual Fund, Jul 2026
- PGIM India Emerging Markets Equity Fund AR 2025-26 (opens in a new tab)PGIM India Mutual Fund, Jul 2026
- PGIM India Ultra Short Duration AR 2025-26 (opens in a new tab)PGIM India Mutual Fund, Jul 2026
Riskometer disclosure
- Riskometer changes during FY 25-26 (opens in a new tab)PGIM India Mutual Fund, Mar 2026
Portfolio overlap disclosure
- Monthly Portfolio Overlap - Sep 2026 (opens in a new tab)PGIM India Mutual Fund, Sep 2026