PGIM India Equity Savings Fund Direct Plan Growth
Hybrid
Direct
Equity Savings
NAV: ₹ 50.78 as on 24-04-2024
Fund Performance
8 people have invested ₹ 4.5L in PGIM India Equity Savings Fund Direct Plan Growth in the last three months
Mutual Fund Insights
This fund has one of the lowest expense ratio in the category (equity savings). Its expense ratio is 0.52% which is lower than the category average expense ratio of 1.06%.
Over the last 6 months, this fund has experienced a 9.8% drop in AUM moving from 100.21 Cr to 90.35 Cr.
In the last 3 years, Sundaram Equity Savings - Direct Plan - Growth Option has given 14.89% return, outperforming this fund by 6.17% per annum.
In the last 1 year, HSBC Equity Savings Direct Plan Growth Plan has given 25.44% return, outperforming this fund by 15.02%.
In the last 5 years, Sundaram Equity Savings - Direct Plan - Growth Option has given 13.68% return, outperforming this fund by 5.21% per annum.
About the PGIM India Equity Savings Fund Direct Plan Growth
PGIM India Equity Savings Fund Direct Plan Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by A. Anandha Padmanabhan, Hitash Dang, Vinay Paharia, Puneet Pal. This fund gives you the benefit of diversification.
Key Parameters
- PGIM India Equity Savings Fund Direct Plan Growth has ₹90 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.5.
PGIM India Equity Savings Fund Direct Plan Growth Overview
 | 0.52% |
 Benchmark | NIFTY Equity Savings TR INR |
 | ₹90 Cr |
 | 1 January, 2013 |
 | ₹5000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 115.85% |
PGIM India Equity Savings Fund Direct Plan Growth Distribution as on (31-Mar-24)
Sector Allocation
Financial Services
33.3%
Basic Materials
29.9%
Tech
9.7%
Consumer Defensive
8.9%
Industrial
7.5%
Communication
4.5%
Consumer Cyclical
2.3%
Health
1.8%
Energy
1.7%
Utilities
0.4%
Top Holdings of PGIM India Equity Savings Fund Direct Plan Growth as on (31-Mar-24)
Equity Holdings49
Debt Holdings5
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 7.58% | 0% | |
 Bajaj Finance Ltd | 7.2% | -7.3% | |
 Ambuja Cements Ltd | 6.71% | 27.9% | |
 JSW Steel Ltd | 5.95% | 0% | |
 Tech Mahindra Ltd | 4.97% | 0% |
See all
PGIM India Equity Savings Fund Direct Plan Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 90.4 Cr as of Mar'24
- AUM decreased by 1.1 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
PGIM India Equity Savings Fund Direct Plan Growth Fund Manager
A. Anandha Padmanabhan
Fund Manager of PGIM India Equity Savings Fund Direct Plan Growth, since 12 May 2022
Top funds managed
Hitash Dang
Fund Manager of PGIM India Equity Savings Fund Direct Plan Growth, since 1 June 2021
Top funds managed
Vinay Paharia
Fund Manager of PGIM India Equity Savings Fund Direct Plan Growth, since 1 April 2023
Top funds managed
Puneet Pal
Fund Manager of PGIM India Equity Savings Fund Direct Plan Growth, since 1 December 2021
Top funds managed
PGIM India Equity Savings Fund Direct Plan Growth Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 9.13% since inception which is more than its category average return of 8%
Fund Allocations
This fund has an allocation of 16.42% in Equity, 21.18% in Debt and 62.41% in Cash related instruments
AUM size ₹90 Cr
This fund has AUM of ₹90 Cr which is less than its category average of ₹ 1220 Cr
Expense Ratio 0.52%
This fund has an expense ratio of 0.52% which is less than its category average expense ratio of 1.16%
Frequently Asked Questions
The current NAV of PGIM India Equity Savings Fund Direct Plan Growth is ₹50.78 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
PGIM India Equity Savings Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1% | 1% |
6 Month Returns | 5.72% | 5.72% |
1 Year Returns | 10.42% | 10.42% |
3 Years Returns | 28.5% | 8.72% |
5 Years Returns | 50.16% | 8.47% |
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 March 2024
₹90 Cr as on March 2024
HDFC Bank Ltd(7.58%), Bajaj Finance Ltd(7.2%), 5.63% Govt Stock 2026(7.01%), Ambuja Cements Ltd(6.71%), JSW Steel Ltd(5.95%) as on March 2024
Cash Equivalent(62.41%), Government(21.18%), Financial Services(5.47%) as on March 2024
AAA | 100 |
A. Anandha Padmanabhan, Hitash Dang, Vinay Paharia, Puneet Pal are the fund managers of PGIM India Equity Savings Fund Direct Plan Growth
The Exit load of PGIM India Equity Savings Fund Direct Plan Growth is 0%