Home>Mutual Funds>PGIM India Mutual Fund>PGIM India Equity Savings Fund Direct Growth
shareSHARE

PGIM India Equity Savings Fund Direct Growth-0.48%

22.15%
1 Year Return
Hybrid
Equity Savings
2.0star
6M
1Y
3Y
5Y
All

Fund Details

PGIM India Equity Savings Fund Direct Growth

RiskModerately High
Min SIP Amount₹1000
Expense Ratio1.04%
NAV₹39.99 (14 May 2021)
Fund Started02 Jan 2013
Fund Size41 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
22.1%
7.7%
8.4%
8.8%
Category Average
21.5%
6.2%
7.6%
-
Rank Within Category
14
12
9
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount1,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 22.1% returns per annum

Comparison

Data not available
Pros
1. 3Y Returns are higher than the category average returns
2. 5Y Returns are higher than the category average returns
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. 1Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
PGIM India Insta Cash Fund Direct Plan-GrowthFinancialMutual Fund10.3%
Indusind Bank Ltd.FinancialEquity8.7%
Vedanta Ltd.MetalsEquity7.8%
HDFC Bank Ltd.FinancialEquity5.7%
Bharti Airtel Ltd.CommunicationEquity4.6%
State Bank of IndiaFinancialEquity4.4%
Tata Consultancy Services Ltd.TechnologyEquity4.0%
Reliance Industries Ltd.EnergyEquity2.5%
Glenmark Pharmaceuticals Ltd.HealthcareEquity2.2%
City Union Bank Ltd.FinancialEquity1.7%
See All

Fund Managers

Kumaresh Ramakrishnan
keyboard_arrow_down
Alok Agarwal
keyboard_arrow_down

PGIM India Equity Savings Fund Direct Growth Details

PGIM India Equity Savings Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by PGIM India Mutual Fund. This scheme was made available to investors on 02 Jan 2013. Abhisek Bahinipati, Alok Agarwal is the Current Fund Manager of PGIM India Equity Savings Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹41 Cr and the Latest NAV as of 14 May 2021 is ₹39.99.

The PGIM India Equity Savings Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment,0.5% will be charged for redemption within 90 days

Investment Objective

The scheme seeks to provide capital appreciation and income distribution to the investors by using equity and equity related instruments, arbitrage opportunities and investments in debt and money market instruments.

Tax Implications

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Scheme Information Document(SID)

₹5000
Min for First Investment
₹1000
Min for Second Investment
For units in excess of 10% of the investment,0.5% will be charged for redemption within 90 days
Exit Load

Compare Funds

PGIM India Equity Savings Fund Direct Growth
VS
search

About PGIM India Mutual Fund

Address
Nirlon House, 2nd Floor, Dr. Annie Besant Road, Worli, Mumbai - 400 030
Phone
022-61593000
Launch Date
13 May 2010
Website
NA
PGIM India Mutual Fund
Asset Management Company
Custodian
Standard Chartered Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Loading...
Similar Funds
ⓒ 2016-2021 Groww. All rights reserved, Built with in India