NFO Tracker: PGIM India Mutual Fund launches multi cap fund

PGIM India Mutual Fund has launched the PGIM India Multi Cap Fund, an open-ended equity scheme investing in large, mid, and small-cap stocks. The NFO is open for subscription until September 5. Benchmarking against the Nifty 500 Multicap 50:25:25 TRI, it will be managed by Vivek Sharma, Anandha Padmanabhan Anjeneyan, and Utsav Mehta for equity, and Puneet Pal for debt investments.