Investors today are increasingly looking beyond Indian markets to diversify their portfolios. International mutual funds allow exposure to global economies, sectors, and companies that are not available in India. One such option is the PGIM India Global Equity Opportunities Fund of Fund (FoF).
This article provides a detailed review of the fund—including its objective, performance, risk profile, expense ratio, tax treatment, and whether it is a good fit for your investment strategy.
PGIM India Global Equity Opportunities Fund of Fund – Complete Review 2025
🔹 Fund Objective and Strategy
- The primary aim of the fund is to generate long-term capital appreciation.
- It achieves this by investing predominantly in units of overseas mutual funds.
- Investment exposure spans across the U.S., Europe, Japan, and Canada.
- Sectors covered include agriculture, allied industries, technology, healthcare, and global consumer businesses.
- Since it is a Fund-of-Funds (FoF), it does not directly buy stocks but invests in international mutual funds.
👉 Best for investors seeking global diversification with long-term wealth creation.
🔹 Fund Launch & Benchmark
- Launch Date: 14 May 2010
- Benchmark Index: MSCI All Country World Index (TRI)
- Fund Category: International FoF – Equity
This benchmark covers developed and emerging markets globally, making it a suitable comparison for the scheme’s performance.
🔹 Asset Allocation & Fund Size
- The fund invests almost 98–99% in equity-oriented overseas mutual funds.
- A very small proportion is parked in debt or cash instruments.
Assets Under Management (AUM) as of Aug 2025:
- ₹1,474 crore – ₹1,496 crore
This places it in the mid-size category among international funds in India.
🔹 Expense Ratio & Exit Load
- Regular Plan: ~2.39% (higher than category average of ~0.93%)
- Direct Plan: ~0.63% (much cheaper, recommended for long-term investors)
- Exit Load: 0.5% if redeemed within 90 days; no load afterward.
👉 Choosing the Direct Plan helps investors save significantly on costs.
🔹 Net Asset Value (NAV)
As of 28 August 2025:
- Regular Plan – Growth NAV: ₹45.74
- Direct Plan – Growth NAV: ₹51.82
The direct option has outperformed due to lower costs.
🔹 Risk Profile
- Riskometer: Very High Risk
- This is expected because it invests in global equities that are sensitive to international market cycles, currency fluctuations, and geopolitical risks.
👉 Suitable only for investors with high risk appetite and long-term investment horizon (5+ years).
🔹 Historical Performance
📊 Trailing Returns (as of Aug 2025 – Regular Growth Plan)
| Time Period | Absolute Returns | Annualised CAGR |
|---|---|---|
| 1 Year | ~6.6% | ~6.6% |
| 3 Years | ~67.6% | ~18.8% |
| 5 Years | ~48.8% | ~8.3% |
| Since Inception | ~351% | ~10.35% |
📊 SIP Returns
| SIP Duration | Total Investment | Value as of Aug 2025 | Absolute Gain | Annualised Return |
|---|---|---|---|---|
| 3 Years | ₹36,000 | ₹47,378 | +31.6% | ~18.7% CAGR |
| 10 Years | ₹1,20,000 | ₹2,50,000 | +108.8% | ~14.1% CAGR |
👉 The fund has delivered strong SIP performance, proving the benefit of systematic investing.
🔹 Fund Ranking in Category (as per ET / Groww)
| Period | Rank |
|---|---|
| 1 Year | 53rd out of peers |
| 3 Years | 19th |
| 5 Years | 22nd |
While 1-year ranking is low, long-term rankings are much better.
🔹 Taxation Rules
- Short-Term Capital Gains (STCG):
- If held ≤ 2 years → taxed as per individual slab rates.
- Long-Term Capital Gains (LTCG):
- If held > 2 years → taxed at 12.5% or 20% with indexation (depending on tax law interpretation).
- Dividends: Added to taxable income and taxed as per slab. TDS applicable if dividend exceeds ₹5,000–₹10,000 (depending on rule).
👉 Always confirm with a tax advisor for the latest rules, as taxation on international FoFs is subject to periodic changes.
✅ Key Takeaways
- Pros:
- Global diversification across developed markets.
- Strong long-term performance, especially via SIPs.
- Direct plan offers low expense ratio.
- Good for investors with long-term wealth creation goals.
- Cons:
- Very High Risk – not suitable for conservative investors.
- High expense ratio in Regular plan.
- Short-term performance can be volatile due to global market fluctuations.
🏆 Final Verdict
The PGIM India Global Equity Opportunities Fund of Fund is a strong option for investors looking to diversify internationally and capture growth opportunities in global markets.
- Ideal Investment Horizon: 5+ years
- Best Mode: Direct Growth Plan + SIP
- Suitable for: High-risk, long-term investors who want exposure outside India.
If you are already heavily invested in Indian equities, this fund can act as a hedge and diversification tool to balance your portfolio.
