PGIM India Arbitrage Fund
(An open ended scheme investing in arbitrage opportunities)

To generate income by investing in arbitrage opportunities that potentially exist between the cash and derivatives market as well as within the derivatives segment of the market. Investments may also be made in debt & money market instruments.

However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/ indicate any returns.

• The scheme will seek to achieve its investment objective primarily by employing various strategies which seek to exploit available arbitrage opportunities in markets.
• The Fund expects to invest predominantly in the Cash Futures Strategy
• The equity market is not always efficient and mispricing between the derivative market and the underlying cash market occurs on many trading days.
• Arbitrage techniques attempt exploit various forms of imperfection in the underlying equity and derivatives market.
• However, when such opportunities are not available, the scheme may invest in short term debt securities or money market instruments