PGIM India Equity Savings Fund Direct Growth-0.17%

3Groww
2.89%
1 Year Return
Hybrid
Equity Savings
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

PGIM India Equity Savings Fund Direct Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio0.28%
NAV34.1 (21 Aug 2019)
Fund Started02 Jan 2013
Fund Size34 Cr

Returns

1Y
3Y*
5Y*
Since inception*
PGIM India Equity Savings Fund Direct Growth
2.9%
7.0%
10.0%
9.3%
Category Average
1.0%
5.7%
NA
-
Rank within category
5
7
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 2.9% annual returns

    Comparison

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

    Top Holdings

    NameSectorInstrument% Assets
    Housing Development Finance Corpn. Ltd.FinancialEquity9.3%
    HDFC Bank Ltd.FinancialEquity8.2%
    Bharti Airtel Ltd.CommunicationEquity7.8%
    Tata Consultancy Services Ltd.TechnologyEquity7.7%
    Oriental Nagpur Betul Highway Ltd.ConstructionDebenture6.9%
    Reliance Industries Ltd.EnergyEquity6.8%
    Rajasthan StateOthersSDL6.0%
    HDFC Bank Ltd.FinancialFixed Deposits5.8%
    Indiabulls Housing Finance Ltd.FinancialDebenture5.6%
    Axis Bank Ltd.FinancialEquity5.5%
    See All

    Fund Managers

    addKumaresh Ramakrishnan
    Education
    Mr. Ramakrishnan is a B.E from Mumbai University and MBA from NMIMS (Mumbai).
    Experience
    Prior to joining DWS AMC he has worked with Societe Generale and CARE.
    Funds Managed
    addAlok Agarwal
    Education
    Mr. Agarwal is a CA, CFA, MS (Finance) and M.Com.
    Experience
    Prior to joining DHFL Pramerica Mutual Fund he was associated with Deutsche Asset Management (I) Pvt. Ltd. (Jun 2014-Mar 2016) as Portfolio Manager (Equity), Deutsche Bank AG (Nov 2010-Jun 2014) as Portfolio Manager (Equity), K.R. Choksey Shares & Securities (Mar 2008-Nov 2010) as PMS-Head Portfolio Manager (Equity), E-nxt Finacials Ltd. (Aug 2007-Mar 2008) as Manager (Equity Research) and Pinnacle Academy (Jun 2002-Aug 2007) as Author, Head Faculty.
    Funds Managed

    Other Details

    PGIM India Equity Savings Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by DHFL Pramerica Mutual Fund. This scheme was introduced to investors on 02 Jan 2013. Abhisek Bahinipati, Alok Agarwal is the Current Fund Manager of PGIM India Equity Savings Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹34 Cr and the Latest NAV as of 21 Aug 2019 is ₹34.1.

    The PGIM India Equity Savings Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment, 1% will be charged for redemption within 12 months..

    Investment Objective

    The investment objective of the scheme is 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. However, there can be no assurance that the investment objective of the Scheme will be realized or that income will be generated and the scheme does not assure or guarantee any returns.

    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, 1% will be charged for redemption within 12 months.
    Exit Load

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    About DHFL Pramerica Mutual Fund

    Address
    Nirlon House, 2nd Floor, Dr. Annie Besant Road, Worli, Mumbai - 400 030
    Phone
    022-61593000
    Launch Date
    12 May 2010
    DHFL Pramerica Mutual Fund
    Asset Management Company
    Custodian
    Standard Chartered Bank
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
    Enter investment amount
    + ₹1,000
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    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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