PGIM India Mutual Fund (earlier known as DHFL Pramerica 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
| Fund Name | Category | Risk | NAV | Expense Ratio | 1Y Returns | 3Y Returns | 5Y Returns | Rating | Fund Size (in Cr) | Exit Load |
|---|---|---|---|---|---|---|---|---|---|---|
PGIM India Liquid Fund | Debt | Low to Moderate | 355.14 | 0.12 | 6.5% | 7.0% | 5.9% | 5 | ₹504 | Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days. See more |
PGIM India Equity Savings Fund | Hybrid | Low to Moderate | 57.08 | 0.58 | 6.8% | 7.7% | 8.0% | 4 | ₹67 | - |
PGIM India Ultra Short Duration Direct-Growth | Debt | Low to Moderate | 36.77 | 0.45 | 6.8% | 7.2% | 6.1% | 4 | ₹174 | - |
PGIM India Gilt Direct Plan - Growth | Debt | Moderate | 32.69 | 0.55 | 4.3% | 7.1% | 5.8% | 4 | ₹104 | - |
PGIM India Flexi Cap Fund | Equity | Very High | 42.35 | 0.49 | 7.5% | 14.1% | 14.7% | 3 | ₹6,268 | Exit load of 0.5%, if redeemed within 90 days. |
PGIM India Aggressive Hybrid Equity Fund | Hybrid | Very High | 155.65 | 0.78 | 6.1% | 13.1% | 11.4% | 3 | ₹215 | Exit load of 0.5%, if redeemed within 90 days. |
PGIM India ELSS Tax Saver Fund | Equity | Very High | 39.29 | 0.75 | 3.8% | 12.6% | 15.2% | 3 | ₹767 | - |
PGIM India Dynamic Bond Fund | Debt | Moderate | 3,033.12 | 0.43 | 7.2% | 8.2% | 6.3% | 3 | ₹103 | - |
PGIM India Dynamic Bond Fund | Debt | Moderate | 3,025.98 | 0.46 | 5.9% | 7.7% | 6.2% | 3 | ₹97 | - |
PGIM India Corporate Bond Direct Plan-Growth | Debt | Moderate | 49.42 | 0.24 | 7.5% | 7.6% | 6.4% | 3 | ₹85 | - |
PGIM India Midcap Fund | Equity | Very High | 72.50 | 0.51 | 3.9% | 14.2% | 18.5% | 2 | ₹11,265 | Exit load of 0.5%, if redeemed within 90 days. |
PGIM India Large Cap Fund | Equity | Very High | 407.78 | 0.85 | 9.4% | 12.6% | 11.7% | 2 | ₹597 | Exit load of 0.5%, if redeemed within 90 days. |
PGIM India Balanced Advantage Fund | Hybrid | Very High | 16.64 | 0.59 | 8.2% | 11.3% | NA | 2 | ₹928 | Exit load of 0.5%, if redeemed within 90 days. |
PGIM India Arbitrage Fund | Hybrid | Low | 20.28 | 0.36 | 6.7% | 7.3% | 6.2% | 2 | ₹90 | Exit load of 0.25%, if redeemed within 30 days. |
PGIM India Small Cap Fund | Equity | Very High | 16.68 | 0.57 | 3.1% | 14.5% | NA | 1 | ₹1,560 | Exit load of 0.5%, if redeemed within 90 days. |
| View All | ||||||||||
| Mutual fund name | PGIM India Mutual Fund | ||||
| Asset management company name | PGIM India Mutual Fund | ||||
| AMC Setup Date | 13 May 2010 | ||||
| AMC Incorporation Date | 13 May 2010 | ||||
| Sponsor name | Prudential Financial | ||||
| Trustee organisation | PGIM India Trustees Private Ltd. | ||||
| Name of trustees | Dr. John Praveen | Mr. Srinath Sridharan | Mr. Kanakasabapathy Kumar | Mr. Rakesh Sood | Mr. Sivaraman Narayanaswami |
| MD | Mr. Ajit Menon | ||||
| CEO | Abhishek Tiwari(Chief Executive Officer) | ||||
| CIO | Vinay Paharia(Chief Investment Officer) | ||||
| Compliance Officer | Mr. Sandeep Kamath | ||||
| Investor Service Officer | Mr. Murali Ramasubramanian | ||||
| Total AUM (as of end of last quarter) | ₹27,237.32Cr | ||||
| Address | 7th Floor, Radhe Empire,Chandavarkar RoadBorivali (W), Mumbai Mumbai 400092 |
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Follow the few simple steps mentioned below to invest in PGIM India 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 PGIM India 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 PGIM India Mutual Fund in India you have invested in within 3 to 4 working days.
Now let us jump and check about these top 15 mutual fund schemes.
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 7.05% & 5.92%. The PGIM India Liquid Fund comes under the Debt category of PGIM India Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for PGIM India Liquid Fund is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹504Cr |
| 1Y Returns | 6.5% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 7.73% & 7.96%. The PGIM India Equity Savings Fund comes under the Hybrid category of PGIM India Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for PGIM India Equity Savings Fund is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹67Cr |
| 1Y Returns | 6.8% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 7.19% & 6.09%. The PGIM India Ultra Short Duration Direct-Growth comes under the Debt category of PGIM India Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for PGIM India Ultra Short Duration Direct-Growth is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹174Cr |
| 1Y Returns | 6.8% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 7.1% & 5.76%. The PGIM India Gilt Direct Plan - Growth comes under the Debt category of PGIM India Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for PGIM India Gilt Direct Plan - Growth is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹104Cr |
| 1Y Returns | 4.3% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 14.13% & 14.66%. The PGIM India Flexi Cap Fund comes under the Equity category of PGIM India Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for PGIM India Flexi Cap Fund is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹6,268Cr |
| 1Y Returns | 7.5% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 13.08% & 11.45%. The PGIM India Aggressive Hybrid Equity Fund comes under the Hybrid category of PGIM India Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for PGIM India Aggressive Hybrid Equity Fund is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹215Cr |
| 1Y Returns | 6.1% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 12.6% & 15.17%. The PGIM India ELSS Tax Saver Fund comes under the Equity category of PGIM India Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for PGIM India ELSS Tax Saver Fund is ₹500 and for SIP, it is ₹500.
| Min Investment Amt | ₹500 |
|---|---|
| AUM | ₹767Cr |
| 1Y Returns | 3.8% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 8.18% & 6.3%. The PGIM India Dynamic Bond Fund comes under the Debt category of PGIM India Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for PGIM India Dynamic Bond Fund is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹103Cr |
| 1Y Returns | 7.2% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 7.72% & 6.18%. The PGIM India Dynamic Bond Fund comes under the Debt category of PGIM India Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for PGIM India Dynamic Bond Fund is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹97Cr |
| 1Y Returns | 5.9% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 7.64% & 6.41%. The PGIM India Corporate Bond Direct Plan-Growth comes under the Debt category of PGIM India Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for PGIM India Corporate Bond Direct Plan-Growth is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹85Cr |
| 1Y Returns | 7.5% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 14.17% & 18.49%. The PGIM India Midcap Fund comes under the Equity category of PGIM India Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for PGIM India Midcap Fund is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹11,265Cr |
| 1Y Returns | 3.9% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 12.59% & 11.72%. The PGIM India Large Cap Fund comes under the Equity category of PGIM India Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for PGIM India Large Cap Fund is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹597Cr |
| 1Y Returns | 9.4% |
Fund Performance: The PGIM India Balanced Advantage Fund comes under the Hybrid category of PGIM India Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for PGIM India Balanced Advantage Fund is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹928Cr |
| 1Y Returns | 8.2% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 7.28% & 6.2%. The PGIM India Arbitrage Fund comes under the Hybrid category of PGIM India Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for PGIM India Arbitrage Fund is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹90Cr |
| 1Y Returns | 6.7% |
Fund Performance: The PGIM India Small Cap Fund comes under the Equity category of PGIM India Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for PGIM India Small Cap Fund is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹1,560Cr |
| 1Y Returns | 3.1% |
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