PGIM India Asset Management has launched the PGIM India Multi Asset Allocation Fund (MAAF), an open-ended scheme that invests across multiple asset classes, including equity, debt, gold, silver, Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs).

The fund aims to generate long-term capital appreciation through dynamic asset allocation adjusted to market conditions.

The New Fund Offer (NFO) opens for subscription on November 11 and will close on November 25. The scheme will reopen for ongoing transactions from December 3.

The scheme will invest in a mix of growth-oriented and defensive assets. The allocation to each category will vary depending on market trends, valuations, and risk outlook. This design seeks to balance return potential with downside risk

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