1M
6M
1Y
3Y
5Y
All
| NAV: 19 Oct 2021 | ₹13.88 |
| Min. SIP amount | ₹1,000 |
| Rating | 2star |
| Fund size | ₹61.74 Cr |
Understand terms
Annualised returns
Average of the yearly returns of a mutual fund over a given period.
Absolute returns
The total return of a mutual fund over a given period.
Returns and rankings
Category: Hybrid Equity Savings
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 21.6% | 11.0% | 9.2% | 10.0% |
| Category average | 20.4% | 8.3% | 8.2% | NA |
| Rank with in category | 15 | 15 | 9 | NA |
Understand termsinfo
Holdings (39)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Reserve Bank of India | Financial | T-Bills | 8.0% |
PGIM India Insta Cash Fund Direct Plan-Growth | Financial | Mutual Fund | 6.7% |
Vedanta Ltd. | Metals | Equity | 6.5% |
Indusind Bank Ltd. | Financial | Equity | 6.5% |
Adani Ports and Special Economic Zone Ltd. | Services | Equity | 6.3% |
Tech Mahindra Ltd. | Technology | Equity | 6.1% |
Housing Development Finance Corpn. Ltd. | Financial | Equity | 4.7% |
Adani Enterprises Ltd. | Services | Equity | 4.0% |
Jindal Steel & Power Ltd. | Metals | Equity | 3.1% |
Tata Chemicals Ltd. | Chemicals | Equity | 2.7% |
See All
Disclaimer
This content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
infoCategory: Hybrid Equity Savings
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Pros
Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Lower expense ratio: 0.39%
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
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Cons
Lower AUM: 61Cr.
Funds with lower AUM tend to have higher expense ratio
Lower alpha: -1.61
The fund has generated returns lower than benchmark - Groww Debt Hybrid - in the last 3Y
Low rating: 2
Understand terms
Expense ratio
A fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
Tax
A percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit load
A fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp duty
A form of tax payable for the purchase or sale of an asset or security.
Past expense ratio & exit load
Expense ratio
Exit load
30 Sep 2021 - Present
0.39%
31 Aug 2021 - 30 Sep 2021
1.05%
31 Jul 2021 - 31 Aug 2021
1.04%
30 Jun 2021 - 31 Jul 2021
1.04%
31 May 2021 - 30 Jun 2021
1.04%
30 Apr 2021 - 31 May 2021
1.04%
31 Mar 2021 - 30 Apr 2021
1.04%
28 Feb 2021 - 31 Mar 2021
1.04%
31 Jan 2021 - 28 Feb 2021
1.04%
31 Dec 2020 - 31 Jan 2021
1.06%
30 Nov 2020 - 31 Dec 2020
1.19%
31 Oct 2020 - 30 Nov 2020
1.18%
30 Sep 2020 - 31 Oct 2020
1.17%
31 Aug 2020 - 30 Sep 2020
1.30%
31 Jul 2020 - 31 Aug 2020
1.30%
30 Jun 2020 - 31 Jul 2020
1.45%
31 May 2020 - 30 Jun 2020
1.47%
30 Apr 2020 - 31 May 2020
1.11%
31 Mar 2020 - 30 Apr 2020
1.12%
29 Feb 2020 - 31 Mar 2020
1.17%
31 Jan 2020 - 29 Feb 2020
1.05%
31 Dec 2019 - 31 Jan 2020
1.16%
30 Nov 2019 - 31 Dec 2019
1.17%
31 Oct 2019 - 30 Nov 2019
0.28%
30 Sep 2019 - 31 Oct 2019
0.28%
31 Aug 2019 - 30 Sep 2019
0.28%
31 Jul 2019 - 31 Aug 2019
0.28%
30 Jun 2019 - 31 Jul 2019
0.27%
31 May 2019 - 30 Jun 2019
0.28%
30 Apr 2019 - 31 May 2019
0.30%
31 Mar 2019 - 30 Apr 2019
0.31%
28 Feb 2019 - 31 Mar 2019
0.31%
31 Jan 2019 - 28 Feb 2019
0.32%
31 Dec 2018 - 31 Jan 2019
0.47%
30 Nov 2018 - 31 Dec 2018
0.47%
31 Oct 2018 - 30 Nov 2018
0.46%
30 Sep 2018 - 31 Oct 2018
0.42%
31 Aug 2018 - 30 Sep 2018
0.46%
31 Jul 2018 - 31 Aug 2018
0.46%
30 Jun 2018 - 31 Jul 2018
0.45%
31 May 2018 - 30 Jun 2018
0.41%
30 Apr 2018 - 31 May 2018
0.40%
31 Mar 2018 - 30 Apr 2018
0.40%
28 Feb 2018 - 31 Mar 2018
0.68%
31 Jan 2018 - 28 Feb 2018
0.68%
31 Dec 2017 - 31 Jan 2018
0.68%
30 Nov 2017 - 31 Dec 2017
0.70%
31 Oct 2017 - 30 Nov 2017
0.50%
Expense ratio, exit load and tax
Expense ratio: 0.39%
Inclusive of GST
Exit load
For units in excess of 10% of the investment,0.5% will be charged for redemption within 90 days
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
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.
Understand termsinfo
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹1,000 |
Fund management
Kumaresh Ramakrishnan
Apr 2018 - Present
View details
Education
Mr. Ramakrishnan is a B.E from Mumbai University and MBA from NMIMS (Mumbai).
Experience
Prior to joining PGIM India Mutual Fund he has worked with DWS AMC, Societe Generale and CARE.
Also manages these schemes
Alok Agarwal
Aug 2016 - Present
View details
Education
Mr. Agarwal is a CA, CFA, MS (Finance) and M.Com.
Experience
Prior to joining PGIM India 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.
Also manages these schemes
Hitash Dang
Jun 2021 - Present
View details
Education
Mr. Dang is Bcom and MBA (PGDBA)
Experience
Prior to joining PGIM India Mutual Fund he has worked in Jaypee Capital Service Ltd. in Institutional Sales in Equity Markets and Multiflex Lami Print Ltd. in Business development.
Also manages these schemes
Fund house & investment objective
| Rank (total assets) | #26 in India |
|---|---|
| Total AUM | 6,924.71 Cr |
| Date of Incorporation | 13 May 2010 |
|---|
PGIM India Equity Savings Fund Direct IDCW Monthly is a Hybrid Mutual Fund Scheme launched by PGIM India Mutual Fund. This scheme was made available t
PGIM India Equity Savings Fund Direct IDCW Monthly is a Hybrid Mutual Fund Scheme launched by PGIM India Mutual Fund. This scheme was made available to investors on 13 May 2010. Abhisek Bahinipati, Alok Agarwal is the Current Fund Manager of PGIM India Equity Savings Fund Direct IDCW Monthly fund. The fund currently has an Asset Under Management(AUM) of ₹6,925 Cr and the Latest NAV as of 19 Oct 2021 is ₹13.88.
The PGIM India Equity Savings Fund Direct IDCW Monthly 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
...Read more
Investment Objective
The scheme seeks to provide capital appreciation and income distribution to the investors by using equity and equity related instruments, arbitrage op
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.
...Read more
| Fund benchmark | Groww Debt Hybrid |
|---|
Fund house contact details
Address
Nirlon House, 2nd Floor, Dr. Annie Besant Road, Worli, Mumbai - 400 030
Phone
022-61593000
Launch Date
13 May 2010
E-mail
[email protected]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,
Email
[email protected]Website
www.karvymfs.comCompare funds
PGIM India Equity Savings Fund Direct IDCW Monthly
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