PGIM India Equity Savings Fund Direct Plan Annual Payout Inc Dist cum Cap Wdrl

Hybrid
Direct
Equity Savings
PGIM India Equity Savings Fund Direct Plan Annual Payout Inc Dist cum Cap Wdrl

About the Fund

PGIM India Equity Savings Fund Direct Plan Annual Payout Inc Dist cum Cap Wdrl is a hybrid fund. This fund was started on 19 August, 2014. The fund is managed by Vinay Paharia, Hitash Dang, A. Anandha Padmanabhan, Puneet Pal. This fund gives you the benefit of diversification.

Key Parameters

  1. PGIM India Equity Savings Fund Direct Plan Annual Payout Inc Dist cum Cap Wdrl has ₹92 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 0.5.

Returns

PGIM India Equity Savings Fund Direct Plan Annual Payout Inc Dist cum Cap Wdrl has given a CAGR return of 5.63% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 2.72%, 2.82% and 5.07% respectively.

Holdings

PGIM India Equity Savings Fund Direct Plan Annual Payout Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Financial Services, Basic Materials, Government, Tech, Consumer Defensive, Industrial, Communication, Consumer Cyclical, Health, Energy, Utilities.

Taxation

As it is a equity savings mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of PGIM India Equity Savings Fund Direct Plan Annual Payout Inc Dist cum Cap Wdrl

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.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. PGIM India Equity Savings Fund Direct Plan Annual Payout Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio
Expense ratio
0.52%
Benchmark
Benchmark
NIFTY Equity Savings TR INR
AUM
AUM
₹92 Cr
Inception Date
Inception Date
19 August, 2014
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
115.85%

Fund Distribution
as on (31-May-24)

  • Equity 15.9%

  • Debt & Cash 84.1%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
32.4%
Basic Materials
30.6%
Tech
8.9%
Consumer Defensive
8.6%
Industrial
8.6%
Communication
4.8%
Consumer Cyclical
2.2%
Health
1.7%
Energy
1.6%
Utilities
0.4%
All changes are between Oct'69 and Dec'69

Vinay Paharia
Vinay Paharia
Fund Manager of PGIM India Equity Savings Fund Direct Plan Annual Payout Inc Dist cum Cap Wdrl, since 1 April 2023
Hitash Dang
Hitash Dang
Fund Manager of PGIM India Equity Savings Fund Direct Plan Annual Payout Inc Dist cum Cap Wdrl, since 1 June 2021
A. Anandha Padmanabhan
A. Anandha Padmanabhan
Fund Manager of PGIM India Equity Savings Fund Direct Plan Annual Payout Inc Dist cum Cap Wdrl, since 12 May 2022
Puneet Pal
Puneet Pal
Fund Manager of PGIM India Equity Savings Fund Direct Plan Annual Payout Inc Dist cum Cap Wdrl, since 1 December 2021

PGIM India Equity Savings Fund Direct Plan Annual Payout Inc Dist cum Cap Wdrl Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 5.63% since inception which is less than its category average return of 8.2%
Fund Allocations

Fund Allocations

This fund has an allocation of 15.94% in Equity, 15.5% in Debt and 68.57% in Cash related instruments
AUM size ₹92 Cr

AUM size ₹92 Cr

This fund has AUM of ₹92 Cr which is less than its category average of ₹ 1321 Cr
Expense Ratio 0.52%

Expense Ratio 0.52%

This fund has an expense ratio of 0.52% which is less than its category average expense ratio of 1.13%

Frequently Asked Questions

The current NAV of PGIM India Equity Savings Fund Direct Plan Annual Payout Inc Dist cum Cap Wdrl is ₹15.93 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
PGIM India Equity Savings Fund Direct Plan Annual Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
1.83%
1.83%
6 Month Returns
-1.76%
-1.76%
1 Year Returns
2.72%
2.72%
3 Years Returns
8.72%
2.82%
5 Years Returns
28.06%
5.07%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.52% as on May 2024
₹92 Cr as on May 2024
HDFC Bank Ltd(7.86%), 5.63% Govt Stock 2026(6.89%), Ambuja Cements Ltd(6.81%), Bajaj Finance Ltd(6.53%), JSW Steel Ltd(6.19%) as on May 2024
Cash Equivalent(68.57%), Government(15.5%), Financial Services(5.17%) as on May 2024
AAA
100
Vinay Paharia, Hitash Dang, A. Anandha Padmanabhan, Puneet Pal are the fund managers of PGIM India Equity Savings Fund Direct Plan Annual Payout Inc Dist cum Cap Wdrl
The Exit load of PGIM India Equity Savings Fund Direct Plan Annual Payout Inc Dist cum Cap Wdrl is 0%