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PGIM India Mutual Fund

PGIM India Mutual Fund is a fully owned business of PGIM, the global investment management business of the US based Prudential Financial, Inc. (PFI). With its operations present in the US, Asia, Europe and Latin America, PFI has provided customers an array of products and services, which includes services like life insurance, annuities, mutual funds, investment management and retirement-related services.

PGIM is the global investment management business of PFI. PFI , short for Prudential Financial Inc, is one of the top 10 investment managers with over USD 1.4 trillion in asset under management (AUM). PGIM operates across 16 countries and has 38 offices with over 1,300+ investment professionals. Moreover, it offers a wide range of actively managed asset classes and investment styles including Equities, Fixed Income and Real Estate.

Offerings

PGIM India Asset Management is a full-service investment manager that offers a broad range of equity and fixed income solutions to retail and institutional investors throughout the country across equity, debt and hybrid categories along with international fund of fund schemes. It manages 19 open-ended funds operated by 18 investment professionals. In addition to managing its investors assets through domestic Mutual Funds, they also extend to offer Offshore Funds and Portfolio Management Services. The fund house leverages PGIM’s 140-year legacy through the use of the strength and stability to build on its decade long history in India.

Some key highlights

  • PGIM has a network of 27 cities
  • Tie up with more than 8000 distributor
  • Strong institutional relationship of over 1500 connections
  • 4 of PGIM’s portfolios have been rated AAAmfs by ICRA
  • To come up with a tax-efficient portfolio for its investors, PGIM has created differentiated asset allocation solutions

Top Performing PGIM India Mutual Fund

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
PGIM India Midcap Opportunities FundEquityVery High89.6%5star2,709
PGIM India Flexi Cap FundEquityVery High69.7%5star2,031
PGIM India Ultra Short Term FundDebtLow to Moderate4.1%5star672
PGIM India Long Term Equity FundEquityVery High63.2%4star358
PGIM India Insta Cash FundDebtLow to Moderate3.3%4star827
PGIM India Large Cap FundEquityVery High51.5%3star354
PGIM India Hybrid Equity FundHybridVery High43.7%3star139
PGIM India Gilt FundDebtModerate6.2%3star136
PGIM India Dynamic Bond FundDebtModerate5.7%3star109
PGIM India Banking & PSU Debt FundDebtModerate6.0%3star78
PGIM India Premier Bond FundDebtModerate6.8%3star71
PGIM India Arbitrage FundHybridLow4.4%3star124
PGIM India Equity Savings FundHybridHigh20.6%2star42
PGIM India Short Maturity FundDebtModerate5.3%2star41
PGIM India Credit Risk FundDebtModerate9.9%2star44
View All Top Performing PGIM India Mutual Fund

Key information

Mutual fundPGIM India Mutual Fund
Asset management companyPGIM India Asset Management
Set up13 May 2010
Incorporated24 September 2008
SponsorsPrudential Financial
TrusteeDHFL Pramerica Trustees Private Ltd.
Name of trusteesDr. John PraveenMr. Srinath SridharanMr. Kanakasabapathy KumarMr. Rakesh SoodMr. Sivaraman Narayanaswami
MD and CEOMr. Ajit Menon
CIOMr. Srinivas Rao Ravuri
Investor Service OfficerMr. Murali Ramasubramanian
Compliance OfficerMr. Sandeep Kamath

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How can you invest in PGIM India Mutual Fund?

Follow the few simple steps mentioned below to invest in DHFL Pramerica Mutual Fund online:

Step 1. Register to create a Groww account; log-in if you already have one.

Step 2. Upload your photo identity proof documents (PAN, Voter ID, Aadhaar, Passport, Driving Licence, Central or State Government ID card, etc.).

Step 3. Upload your address proof documents (any identity proof documents with your permanent address, etc.).

Step 4. Choose your preferred investment period.

Step 5. Choose your preferred risk - low, mid, or high.

Step 6. Select the preferred DHFL Pramerica Mutual Fund you want to invest in.

Step 7. Click on “Invest One Time” if you want to invest a lump sum amount or “Start SIP” if you want to invest via SIP.

Your Groww account will reflect the DHFL Pramerica Mutual Fund in India you have invested in within 3 to 4 working days.

Top Fund Managers

1. Mr. Aniruddha Naha

Mr. Aniruddha Naha is B.Com graduate and also holds a Master of Finance and Control (MFC) from the Delhi University.

He began his career as a Fund Manager in DSP Blackrock Mutual Fund in 2004. In 2010, he joined Mirae Asset as the Vice President & Portfolio Manager. He became the Head of Offshore Advisory of the same company in 2012. A year later, he joined IDFC Asset Management Company Ltd. as a Fund Manager. He moved to Avendus as Director of Equities in 2016.

Mr. Aniruddha Naha became the Senior Fund Manager of DHFL Pramerica Mutual Fund in 2018. He manages an AuM of Rs. 243 Crore in 6 schemes like DHFL Pramerica Diversified Equity Fund, DHFL Pramerica Midcap Opportunities Fund, DHFL Pramerica Midcap Opportunities Fund, etc.

2. Mr. Alok Agarwal

Mr. Alok Agarwal is a B.Com from St. Xavier's College, Kolkata and an M.Com from Annamalai University. He also holds an MS in Finance degree from the Institute of Chartered Financial Analysts of India (ICFAI). Mr. Agarwal is a Chartered Accountant and Chartered Financial Analyst.

He joined K.R. Choksey Shares and Securities Private Ltd. as the Head of PMS and Fund Manager of Equities in 2008. In 2010, he became the Fund Manager at Deutsche Asset Management.

Mr. Agarwal became the Senior Fund Manager of Equities at DHFL Pramerica Asset Managers Pvt. Ltd. in 2016. He manages an AuM of Rs. 680 Crore invested in 30 schemes like DHFL Pramerica Large Cap Fund, DHFL Pramerica Global Equity Opportunities Fund, DHFL Pramerica Global Equity Opportunities Fund, DHFL Pramerica Euro Equity Fund, DHFL Pramerica Hybrid Debt Fund, DHFL Pramerica Equity Savings Fund, etc.

3. Mr. Utkarsh Katkoria

Mr. Utkarsh Katkoria holds an MBA degree in Finance from the Cass Business School in London.

He joined JM Financial as an Investment Banking Analyst in 2005. In 2001, he became the Equity Research of Treasury at Reliance. He joined Deutsche Asset Management in 2014 as an Equity Research Analyst.

Mr. Katkoria joined DHFL Pramerica Mutual Fund in 2016. He currently manages an AuM of Rs. 217 Crore invested in 9 schemes of DHFL Pramerica Arbitrage Fund.

4. Mr. Kumaresh Ramakrishnan

Mr. Kumaresh Ramakrishnan holds a BE degree from the University of Mumbai and an MBA degree from the Narsee Monjee Institute of Management Studies (NMIMS).

He served as a Senior Rating Analyst at CARE Ratings in 1996. In 2000, he joined Societe Generale as a Senior Credit Analyst. Mr. Ramakrishnan moved to Deutsche Asset Management (India) Private Ltd. in 2005 as a Credit Risk Analyst. He became the Fund Manager and Head of Fixed Income at the same company in 2007.

He joined DHFL Pramerica Asset Managers Private Ltd. in 2016 as a Fund Manager and Head of Fixed Income. Mr. Ramakrishnan manages and an AuM of Rs. 3,986 Crore invested in 82 schemes like DHFL Pramerica Ultra Short Term Fund, DHFL Pramerica Premier Bond, DHFL Pramerica Insta Cash Fund, DHFL Pramerica Credit Risk Fund, DHFL Pramerica Short Maturity Fund, DHFL Pramerica Low Duration Fund, DHFL Pramerica Hybrid Debt Fund, DHFL Pramerica Hybrid Equity Fund, DHFL Pramerica Equity Savings Fund, DHFL Pramerica Arbitrage Fund, etc.

5. Mr. Rakesh Suri

Mr. Rakesh Suri holds a B.Sc and B.Ed degree from the Maharshi Dayanand Sarswati University. He is also a PGDBM in Finance from the Guru Nanak Institute of Management.

He initially served as a Debt Manager at RR Financial Ltd. in 1998. In 2002, he joined SREI International Securities Ltd. as a Dealer of Fixed Income. The same year, he moved to Derivium Capital Private Ltd. as a Senior Trader of Fixed Income. In 2005, he joined ICICI Bank Ltd. as a Senior Manager of Treasury. Later, he served as the Fixed Income Trader at Samba Financial Group in 2008. He joined Deutsche Asset Management (India) Private Ltd. as a Fixed Income Trader in 2010. A year later, he became the Fund Manager of Fixed Income of the same firm.

Mr. Rakesh Suri is currently a Fund Manager at DHFL Pramerica Mutual Fund since 2016. He manages schemes like the DHFL Pramerica Floating Rate Fund, DHFL Pramerica Premier Bond Fund, DHFL Pramerica Hybrid Fixed Term Fund, DHFL Pramerica Fixed Duration Fund, DHFL Pramerica Dual Advantage Fund, etc.

6. Mr. Puneet Pal

Mr. Puneet Pal holds an MBA in Finance from the Symbiosis Institute of Business Management.

He was earlier the Fund Manager at Tata Mutual Fund in 2006. From there, he became the Senior Vice President and Fund Manager of UTI Mutual Fund in 2008. In 2012, he joined BNP Paribas Mutual Fund as the Head of Fixed Income.

Mr. Puneet Pal joined DHFL Pramerica Asset Managers Private Ltd. in 2017 as the Director of Fixed Income. He manages an AuM of Rs. 360 Crore invested in 22 schemes like DHFL Pramerica Dynamic Bond, DHFL Pramerica Gilt Fund, DHFL Pramerica Banking & PSU Debt Fund, DHFL Pramerica Short Maturity Fund, etc.

Let's have a closer look

Now let us jump and check about these top 10 mutual fund schemes.

PGIM India Midcap Opportunities Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Mid Cap segment. It has given a commendable 32.1% annual returns in the last three years. In the previous year, it delivered 89.57% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹5,000
AUM2,709Cr
1Y Returns89.6%

PGIM India Flexi Cap Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Flexi Cap segment. It has given a commendable 28.14% annual returns in the last three years. In the previous year, it delivered 69.65% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹5,000
AUM2,031Cr
1Y Returns69.7%

PGIM India Ultra Short Term Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Ultra Short Duration segment. It has given a commendable 8.43% annual returns in the last three years. In the previous year, it delivered 4.1% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Debt mutual funds in India.

Min Investment Amt₹5,000
AUM672Cr
1Y Returns4.1%

PGIM India Long Term Equity Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in ELSS segment. It has given a commendable 18.86% annual returns in the last three years. In the previous year, it delivered 63.16% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹500
AUM358Cr
1Y Returns63.2%

PGIM India Insta Cash Fund Direct Plan Growth

Fund Performance: This fund has consistently performed above the benchmark in Liquid segment. It has given a commendable 5.26% annual returns in the last three years. In the previous year, it delivered 3.34% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Debt mutual funds in India.

Min Investment Amt₹100
AUM827Cr
1Y Returns3.3%

PGIM India Large Cap Fund Direct Plan Growth

Fund Performance: This fund has consistently performed above the benchmark in Large Cap segment. It has given a commendable 17.2% annual returns in the last three years. In the previous year, it delivered 51.53% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹5,000
AUM354Cr
1Y Returns51.5%

PGIM India Hybrid Equity Fund Direct Plan Growth

Fund Performance: This fund has consistently performed above the benchmark in Aggressive Hybrid segment. It has given a commendable 14.89% annual returns in the last three years. In the previous year, it delivered 43.69% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Hybrid mutual funds in India.

Min Investment Amt₹5,000
AUM139Cr
1Y Returns43.7%

PGIM India Gilt Direct Plan Growth

Fund Performance: This fund has consistently performed above the benchmark in Gilt segment. It has given a commendable 9.84% annual returns in the last three years. In the previous year, it delivered 6.15% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Debt mutual funds in India.

Min Investment Amt₹5,000
AUM136Cr
1Y Returns6.2%

PGIM India Dynamic Bond Direct Plan Growth

Fund Performance: This fund has consistently performed above the benchmark in Dynamic Bond segment. It has given a commendable 9.71% annual returns in the last three years. In the previous year, it delivered 5.71% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Debt mutual funds in India.

Min Investment Amt₹5,000
AUM109Cr
1Y Returns5.7%

PGIM India Banking & PSU Debt Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Banking and PSU segment. It has given a commendable 9.32% annual returns in the last three years. In the previous year, it delivered 6.03% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Debt mutual funds in India.

Min Investment Amt₹5,000
AUM78Cr
1Y Returns6.0%

PGIM India Premier Bond Direct Plan Growth

Fund Performance: This fund has consistently performed above the benchmark in Corporate Bond segment. It has given a commendable 8.77% annual returns in the last three years. In the previous year, it delivered 6.76% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Debt mutual funds in India.

Min Investment Amt₹5,000
AUM71Cr
1Y Returns6.8%

PGIM India Arbitrage Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Arbitrage segment. It has given a commendable 5.29% annual returns in the last three years. In the previous year, it delivered 4.38% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Hybrid mutual funds in India.

Min Investment Amt₹5,000
AUM124Cr
1Y Returns4.4%

PGIM India Equity Savings Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Equity Savings segment. It has given a commendable 9.55% annual returns in the last three years. In the previous year, it delivered 20.59% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Hybrid mutual funds in India.

Min Investment Amt₹5,000
AUM42Cr
1Y Returns20.6%

PGIM India Short Maturity Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Short Duration segment. It has given a commendable 4.75% annual returns in the last three years. In the previous year, it delivered 5.32% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Debt mutual funds in India.

Min Investment Amt₹5,000
AUM41Cr
1Y Returns5.3%

PGIM India Credit Risk Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Credit Risk segment. It has given a commendable 3.6% annual returns in the last three years. In the previous year, it delivered 9.91% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Debt mutual funds in India.

Min Investment Amt₹5,000
AUM44Cr
1Y Returns9.9%

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