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Best PGIM Equity Mutual Funds

Incorporated in 2010, PGIM India Mutual Fund is a fully-owned subsidiary of PGIM. It is the global investment management wing of Prudential Financial, based out of the USA. With its years of experience in the Indian market, the company has quickly positioned itself as a leading asset management company. As of 31st March 2021, it has a total asset management valuation of Rs.6526.72 crore.

Currently, the AMC offers 35+ mutual fund schemes, including the best PGIM Pramerica equity mutual funds.

Equity funds predominantly invest in stocks or equity shares of various companies. There are two variants of an equity fund, active and passive. In the case of active funds, the fund manager performs a thorough review of the market, researches different companies, examines the performance of their stocks, and then shortlists the best ones to invest in. On the other hand, a passive fund is where the fund manager creates a portfolio mirroring a popular market index, like Nifty Fifty or Sensex.

The best PGIM Pramerica equity mutual fund can be further classified depending on the market capitalisation of the underlying companies. Depending on this, there are four types of equity mutual funds, small-cap, mid-cap, multi-cap, and large-cap.

Besides this, there can be another classification of the best PGIM Pramerica equity mutual fund as diversified and sectoral/thematic. Diversified equity funds invest in companies across various sectors. However, thematic/sectoral fund investments are restricted to a particular sector like energy, banking, etc.

The primary upside of an equity fund is that they generate the most substantial returns. Since the money is invested in various stocks, investors are likely to gain more return than debt funds during a bullish run. Contrarily, equity mutual funds are more susceptible to market fluctuations and can run in losses during a bearish trend.

Apart from this, diversification and flexibility are two major advantages of this particular type of mutual fund. Also, the easy liquidity option is an added benefit. A point to remember here is that the exact scale of these benefits and drawbacks vary per the choice of fund.

The best PGIM Pramerica equity mutual funds 2023 include approximately five schemes with varying objectives.

Taxability

Alongside the classification of equity mutual funds, it is also imperative to take their taxability into account before investing.

Short-term Capital Gains Tax: For equity funds, if individuals sell units of their MF scheme within a year of investment, it will attract STCG. In this instance, they need to pay a flat 15% on the gains, irrespective of their income tax bracket.

Long-term Capital Gains Tax: For equity funds, capital gains realised after 12 months of investment is liable for LTCGT. If investors redeem the units of their best PGIM Pramerica equity mutual funds within a year, they are liable to pay taxes on gains at a flat 10% rate. However, a point to note here is that LTCG up to Rs.1 lakh does not attract any tax.

TDS: 10% TDS applies to dividends over Rs.5000.

Being familiar with the taxability pointers can help investors make correct decisions regarding the timings of buying and selling units. Also, a clear idea about the factors to consider before investing can help in making a knowledgeable decision –

Factors to Consider Before Investing

Investment objective: Reviewing the investment objective of a scheme is imperative before deciding. Being clear here can help you to find the right scheme from the top PGIM Pramerica equity mutual funds. You can choose a scheme that can fulfil your financial goals within a specific time span.

Risk appetite: Equity mutual funds are the riskiest among other types of MFs. Therefore, it is crucial to evaluate your risk-taking capacity prior to investing. Since equity funds are volatile and vulnerable to market risks, consider every aspect before settling for the best PGIM Pramerica equity mutual funds.

Past performance of the fund: It is crucial to check the earlier performance of a fund before investing. Even though previous performance does not hint at future returns, it can provide an estimate of how it will deliver under different market conditions.

Holding analysis: Holding analysis shows the stocks where resources are invested. It also offers a rough idea of the expected returns and risks.

Experience of fund manager: Before investing in a scheme, it is ideal for reviewing the experience of a fund manager. It will help you gauge the viability of a scheme in terms of how consistently it can deliver. 

Expense ratio: This ratio denotes the expenses related to the management of funds, which is then deducted from the final return. 

Exit load: AMCs levy a charge if you liquidate your investments within a period, as per the scheme-related documents. However, the details vary from one scheme to another, and some may not charge any additional fee. 

Finding the best PGIM Pramerica equity mutual funds might be challenging for novice investors. Nevertheless, keeping the aforementioned pointers in mind and a basic understanding of mutual funds can help them make the right decision.

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List of Pgim India Equity Mutual Funds in India

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
PGIM India Ultra Short Duration Fund
DebtLow to Moderate7.4%4₹292
PGIM India Short Duration Fund
DebtLow to Moderate6.8%3₹27
PGIM India Dynamic Bond Fund
DebtModerate9.2%4₹119
PGIM India Global Equity Opportunities Fund
OtherVery High44.6%--₹1,361
PGIM India Liquid Fund
DebtLow to Moderate7.3%4₹381
PGIM India Emerging Markets Equity Fund
OtherVery High18.4%--₹106
PGIM India Banking & PSU Debt Fund
DebtModerate6.9%3₹45
PGIM India Low Duration Fund
DebtLow to Moderate7.2%4₹103
PGIM India Equity Savings Fund
HybridLow to Moderate10.1%3₹91
PGIM India Large Cap Fund
EquityVery High26.6%1₹537
View All

Let's have a closer look

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

PGIM India Ultra Short Duration Direct Growth

Fund Performance: The PGIM India Ultra Short Duration Fund has given 5.49% annualized returns in the past three years and 7.1% in the last 5 years. The PGIM India Ultra Short Duration Fund comes under the Debt category of PGIM India Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in PGIM India Ultra Short Duration Fund via lump sum is ₹5,000 and via SIP is ₹1,000.

Min Investment Amt₹5,000
AUM₹292Cr
1Y Returns7.4%

PGIM India Short Duration Fund Direct Growth

Fund Performance: The PGIM India Short Duration Fund has given 4.93% annualized returns in the past three years and 4.81% in the last 5 years. The PGIM India Short Duration Fund comes under the Debt category of PGIM India Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in PGIM India Short Duration Fund via lump sum is ₹5,000 and via SIP is ₹1,000.

Min Investment Amt₹5,000
AUM₹27Cr
1Y Returns6.8%

PGIM India Dynamic Bond Direct Plan Growth

Fund Performance: The PGIM India Dynamic Bond Fund has given 6.05% annualized returns in the past three years and 7.52% in the last 5 years. The PGIM India Dynamic Bond Fund comes under the Debt category of PGIM India Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in PGIM India Dynamic Bond Fund via lump sum is ₹5,000 and via SIP is ₹1,000.

Min Investment Amt₹5,000
AUM₹119Cr
1Y Returns9.2%

PGIM India Global Equity Opportunities Fund Direct Growth

Fund Performance: The PGIM India Global Equity Opportunities Fund has given 2.43% annualized returns in the past three years and 18.09% in the last 5 years. The PGIM India Global Equity Opportunities Fund comes under the Other category of PGIM India Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in PGIM India Global Equity Opportunities Fund via lump sum is ₹5,000 and via SIP is ₹1,000.

Min Investment Amt₹5,000
AUM₹1,361Cr
1Y Returns44.6%

PGIM India Liquid Fund Direct Plan Growth

Fund Performance: The PGIM India Liquid Fund has given 5.36% annualized returns in the past three years and 5.31% in the last 5 years. The PGIM India Liquid Fund comes under the Debt category of PGIM India Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in PGIM India Liquid Fund via lump sum is ₹5,000 and via SIP is ₹1,000.

Min Investment Amt₹5,000
AUM₹381Cr
1Y Returns7.3%

PGIM India Emerging Markets Equity Fund Direct Growth

Fund Performance: The PGIM India Emerging Markets Equity Fund has given -12.48% annualized returns in the past three years and 1.21% in the last 5 years. The PGIM India Emerging Markets Equity Fund comes under the Other category of PGIM India Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in PGIM India Emerging Markets Equity Fund via lump sum is ₹5,000 and via SIP is ₹1,000.

Min Investment Amt₹5,000
AUM₹106Cr
1Y Returns18.4%

PGIM India Banking & PSU Debt Fund Direct Growth

Fund Performance: The PGIM India Banking & PSU Debt Fund has given 5.07% annualized returns in the past three years and 7.45% in the last 5 years. The PGIM India Banking & PSU Debt Fund comes under the Debt category of PGIM India Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in PGIM India Banking & PSU Debt Fund via lump sum is ₹5,000 and via SIP is ₹1,000.

Min Investment Amt₹5,000
AUM₹45Cr
1Y Returns6.9%

PGIM India Low Duration Fund Direct Plan Growth

Fund Performance: The PGIM India Low Duration Fund has given 5.27% annualized returns in the past three years and 2.06% in the last 5 years. The PGIM India Low Duration Fund comes under the Debt category of PGIM India Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in PGIM India Low Duration Fund via lump sum is ₹5,000 and via SIP is ₹1,000.

Min Investment Amt₹5,000
AUM₹103Cr
1Y Returns7.2%

PGIM India Equity Savings Fund Direct Growth

Fund Performance: The PGIM India Equity Savings Fund has given 8.51% annualized returns in the past three years and 9.06% in the last 5 years. The PGIM India Equity Savings Fund comes under the Hybrid category of PGIM India Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in PGIM India Equity Savings Fund via lump sum is ₹5,000 and via SIP is ₹1,000.

Min Investment Amt₹5,000
AUM₹91Cr
1Y Returns10.1%

PGIM India Large Cap Fund Direct Plan Growth

Fund Performance: The PGIM India Large Cap Fund has given 14.23% annualized returns in the past three years and 15.87% in the last 5 years. The PGIM India Large Cap Fund comes under the Equity category of PGIM India Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in PGIM India Large Cap Fund via lump sum is ₹5,000 and via SIP is ₹1,000.

Min Investment Amt₹5,000
AUM₹537Cr
1Y Returns26.6%

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