DEFINITIONS

AMC or Asset PGIM India Asset Management Private Limited incorporated under the provisions
Management of the Companies Act, 1956 and approved by SEBI to act as the Asset Management
Company or Company for the scheme(s) of PGIM India Mutual Fund.
Investment Manager
Applicable NAV NAV applicable for Purchase or Redemption or Switching of Units based on the
time of the Business Day on which the application is time stamped and relevant cut-
off times on which the application is accepted at Official Point of Acceptance of
Transaction.

ASBA Application Supported by Blocked Amount

Book Closure The period during which the Asset Management Company would temporarily
suspend sale, redemption and switching of Units.

Business Day A day other than:-

i) Saturday and Sunday; or

ii) A day on which the banks in Mumbai and / or RBI are closed for business /
clearing; or
iii) A day on which the National Stock Exchange of India Limited and / or the
Stock Exchange, Mumbai are closed; or
iv) A day which is a public and / or bank holiday at an Investor Service Centre
(ISC)/Official Point of Acceptance (OPA) where the application is received;
or
v) A day on which subscription / redemption / switching of Units is suspended
by the AMC; or
vi) A day on which normal business cannot be transacted due to storms, floods,
bandhs, terrorist attack, strikes or such other events as the AMC may specify
from time to time.

The AMC reserves the right to declare any day as a Business Day or otherwise at
any or all Investor Service Centres/Official Points of Acceptance.

Business Day for A day other than:-

Overseas Fund of Fund
Schemes i) Saturday and Sunday; or
ii) A day on which the National Stock Exchange of India Limited and / or the
Stock Exchange, Mumbai are closed; or
iii) A day which is a public and / or bank holiday at an Investor Service Centre
(ISC)/Official Point of Acceptance (OPA) where the application is received;
or
iv) A day on which subscription / redemption / switching of Units is suspended
by the AMC; or
v) A day on which normal business cannot be transacted due to storms, floods,
bandhs, terrorist attack, strikes or such other events as the AMC may specify
from time to time;
vi) A day which is a non-Business Day for the underlying scheme or on which
the underlying scheme is closed for subscription / repurchase or
determination of the NAV;

The AMC reserves the right to declare any day as a Business Day or otherwise at
any or all Investor Service Centres/Official Points of Acceptance.

Business Hours 9.30 a.m. to 5.30 p.m. on all Business Day(s) or such other time as may be
applicable from time to time.

Cash Equivalent Cash equivalent shall consist of the following securities having residual maturity of
less than 91 days:
 a. Government Securities;
b. T‐Bills;
c. Repo on Government Securities.

Cut-off timing In respect of subscriptions, redemptions and switches received by the Scheme, it
means the outer limit of timings within a Business Day which are relevant for
determination of the NAV / related prices to be applied for a transaction.

Custodian A person who has been granted a certificate of registration to carry on the business
of custodian of securities under the Securities and Exchange Board of India
(Custodian of Securities) Regulations 1996, which for the time being in respect of
the Scheme is Standard Chartered Bank.

Depository Depository as defined in the SEBI (Depositories and Participants) Regulations,

2018.

Derivative Means:-
(i) a security derived from a debt instrument, share, loan whether secured or
unsecured, risk instrument or contract for differences or any other form of
security; or
(ii) a contract which derives its value from the prices, or index of prices, or
underlying securities.

Income Distribution Income distributed by the Mutual Fund on the Units.

cum Capital
Withdrawal /IDCW
Equity related Equity related instruments include convertible debentures, convertible preference
instruments shares, warrants carrying the right to obtain equity shares, equity derivatives and
such other instrument as may be specified by the Board from time to time.
First Time Mutual An investor who invests for the first time ever in any mutual fund either by way of
Fund Investor Subscription or via Systematic Investment Plan.

Foreign Portfolio Means a person who satisfies the eligibility criteria prescribed under regulation 4
Investor or FPI of SEBI (Foreign Portfolio Investors) Regulations, 2014 and has been registered
under Chapter II of these regulations, which shall be deemed to be an intermediary
in terms of the provisions of the Securities and Exchange Board of India Act, 1992.
Provided that any foreign institutional investor or qualified foreign investor who
holds a valid certificate of registration shall be deemed to be a foreign portfolio
investor till the expiry of the block of three years for which fees have been paid as
per the Securities and Exchange Board of India (Foreign Institutional Investors)
Regulations, 1995.

Foreign Securities American Depository Receipt (ADR)s / Global Depository Receipt (GDR)s issued
by Indian or Foreign companies, Equity of overseas companies listed on recognized
stock exchanges overseas, Initial Public Offer (IPO) and Follow on Public
Offerings (FPO) for listing at recognized stock exchanges overseas, Foreign debt
securities in the countries with fully convertible currencies, with rating not below
investment grade by accredited/registered credit rating agencies, Money market
instruments rated not below investment grade, Government securities where the
countries are rated not below investment grade, Derivatives traded on recognized
stock exchanges overseas only for hedging and portfolio balancing with underlying
as securities, Short term deposits with banks overseas where the issuer is rated not
below investment grade, units/securities issued by overseas mutual funds registered
with overseas regulators and investing in aforesaid securities or Real Estate
Investment Trusts (REITs) listed in recognized stock exchanges overseas, unlisted
overseas securities (not exceeding 10% of their net assets) or such other security /
instrument as stipulated by SEBI/RBI / other Regulatory Authority from time to
time.
Gilts or Government Securities created and issued by the Central Government and/ or a State
Securities Government (including Treasury Bills) or Government Securities as defined in the
Public Debt Act, 1944, as amended or re-enacted from time to time.

GOI Government of India.

Holiday The day(s) on which the banks (including the Reserve Bank of India) are closed for
business or clearing in Mumbai or their functioning is affected due to a strike /
“Bandh” call made at any part of the country or due to any other reason.

IMA The Investment Management Agreement dated July 30, 2009 entered into between
PGIM India Trustees Private Limited and PGIM India Asset Management Private
Limited, as amended from time to time.

ISC The offices of the AMC and/or the RTA or such other centres/offices, which are
designated as Investor Service Centre by the AMC from time to time.

Load In the case of Redemption / Switch out of a Unit, the amount deducted from the
Applicable NAV on the Redemption / Switch out (Exit Load) and in the case of
Sale / Switch in of a Unit, amount to be paid by the investor on the Sale / Switch in
of a Unit (Entry Load) in addition to the Applicable NAV.

Money Market Includes Commercial Papers, Commercial Bills, Treasury Bills, Government
Instruments Securities having an unexpired maturity upto one year, Call or Notice Money,
Certificate of Deposit, Usance Bills and any other like instruments as specified by
the Reserve Bank of India from time to time.

Mutual Fund or the PGIM India Mutual Fund, a trust set up under the provisions of the Indian Trusts
Fund Act, 1882 and registered with SEBI under Securities and Exchange Board of India
(Mutual Funds) Regulations, 1996.
Net Asset Value or Net Asset Value per Unit of the Scheme, calculated in the manner described in this
NAV Scheme Information Document or as may be prescribed by the SEBI (Mutual
Funds) Regulations, 1996 from time to time.
NRI Non - Resident Indian or a Person of Indian Origin residing outside India as
per the meaning assigned to the term under Foreign Exchange Management
(Deposit) Regulations, 2000 framed by Reserve Bank of India under
Foreign Exchange Management Act, 1999 (42 of 1999).

Person of Indian A citizen of any country other than Bangladesh or Pakistan, if (a) he at any
Origin or PIO time held an Indian passport; or (b) he or either of his parents or any of his
grandparents was a citizen of India by virtue of Constitution of India or the
Citizenship Act, 1955 (57 of 1955); or (c) the person is a spouse of an Indian
citizen or person referred to in sub-clause (a) or (b).

Rating An opinion regarding securities, expressed in the form of standard symbols or in

any other standardized manner, assigned by a credit rating agency and used by the
issuer of such securities, to comply with any requirement of the SEBI (Credit Rating
Agencies) Regulations, 1999.

RBI Reserve Bank of India, established under the Reserve Bank of India Act, 1934.

Record Date Record date is the date which is considered for the purpose of determining the
eligibility of the investors whose names appear in the Scheme’s Unitholders’
register for receiving IDCW / Bonus in accordance with SEBI (Mutual Funds)
Regulations, 1996.

Redemption / Redemption of Units of the Scheme in accordance with the Regulations.

Repurchase
Registrar, Registrar & KFIN Technologies Limited, currently acting as registrar to the Scheme(s) of PGIM
Transfer Agent, RTA, India Mutual Fund, or any other Registrar appointed by the AMC from time to time.

Regulatory Agency GOI, SEBI, RBI, Income Tax Department or any other statutory authority or agency
entitled to issue or give any directions, instructions or guidelines to the Mutual
Fund.

REITs Real Estate Investment Trusts. REITs are companies that generally own or
finance income producing real estate across a range of property sectors.
There are well-defined criteria’s to qualify as a REIT.

Statement of The document containing details of PGIM India Mutual Fund, its constitution, and
Additional certain tax, legal and general information. SAI is legally a part of the Scheme
Information or SAI Information Document.

Sale / Subscription Sale of Units to consequent upon subscription by an investor under the Scheme.

SEBI Securities and Exchange Board of India, established under the Securities and
Exchange Board of India Act, 1992

SEBI (MF) Securities and Exchange Board of India established under the Securities and
Regulations or Exchange Board of India Act, 1992.
Regulations
Short Selling Selling a stock which the seller does not own at the time of the trade.

Sponsor Prudential Financial, Inc. (PFI)* of U.S.A.

*PFI is not affiliated in any manner with Prudential plc, a company incorporated in
the United Kingdom or with Prudential Assurance Company, a subsidiary of M&G
plc, incorporated in the United Kingdom.

Switch Purchase/allotment of Unit(s) in any scheme of the Mutual Fund against

Redemption of Unit(s) in another scheme of the Mutual Fund.

Stock Lending Lending of securities to another person or entity for a fixed period of time, at a
negotiated compensation in order to enhance returns of the portfolio.

Systematic Investment An investment plan enabling investor to save and invest in the Scheme on a
Plan or SIP recurrent basis for a specified period at predetermined intervals.

Systematic Transfer An investment plan enabling Unitholders to transfer specified amounts from one
Plan or STP scheme of PGIM India Mutual Fund to another on a recurrent basis for a specified
period at predetermined intervals by providing a single / standing instruction.

Systematic A plan enabling Unitholders to withdraw / redeem fixed amounts from the Scheme
Withdrawal Plan or on a recurrent basis for a specified period at predetermined intervals by providing
SWP a single / standing instruction.

Trust Deed The Trust Deed dated July 28, 2009 establishing an irrevocable trust, named “PGIM
India Mutual Fund”, as amended by the first Deed of Amendment dated April 20,
2010, by the second Deed of Amendment dated September 18, 2015 and a third
Deed of Amendment dated August 02, 2019 thereto, executed by and between the
Sponsor /settler and the Trustee.

Trustee or Trustee PGIM India Trustees Private Limited, incorporated under the provisions of the
Company Companies Act, 1956 and appointed by the Settlor / Sponsor to act as the trustee to
the Schemes of “PGIM India Mutual Fund”.
 Unit The interest of the Unit holder which consists of each Unit representing one
undivided share in the assets of the Scheme.

Unit holder A person holding Units in the Fund.

INTERPRETATION

For all purposes of this SID, except as otherwise expressly provided or unless the context otherwise requires:-

a. All references to the masculine shall include the feminine and all references to the singular shall include the
plural and vice versa.

b. All references to “Dollars” or “$” or USD refer to Dollars of United States of America and “Rs.” or INR refer
to Indian Rupees. A “Crore” means “ten million” and a “lakh” means a “hundred thousand”.

c. All references to timings relate to Indian Standard Time (IST).

d. References to a day are to a calendar day, including a non-Business Day.