PGIM India Equity Savings Fund Direct Plan Growth

PGIM India Equity Savings Fund Direct Plan Growth

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Hybrid
Direct
Equity Savings
NAV: ₹ 50.1 as on 19-02-2024
Fund Performance
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11 people have invested ₹ 1.8L in PGIM India Equity Savings Fund Direct Plan Growth in the last three months

Mutual Fund Insights

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In the last 5 years, Mahindra Manulife Equity Savings Fund Direct Growth has given 13.75% return, outperforming this fund by 4.65% per annum.
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In the last 3 years, Sundaram Equity Savings - Direct Plan - Growth Option has given 13.33% return, outperforming this fund by 5.07% per annum.
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Over the last 3 months, this fund has experienced a 7.0% drop in AUM moving from 98.61 Cr to 91.7 Cr.
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In the last 1 year, SBI Equity Savings Direct Growth has given 20.96% return, outperforming this fund by 11.36%.
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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 1.08%.

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 Puneet Pal, Vinay Paharia, A. Anandha Padmanabhan, Hitash Dang. This fund gives you the benefit of diversification.

Key Parameters

  1. PGIM India Equity Savings Fund Direct Plan Growth has ₹92 Cr worth of assets under management (AUM) as on Jan 2024 and is less than category average.
  2. The fund has an expense ratio 0.5.

PGIM India Equity Savings Fund Direct Plan Growth Overview

Expense ratio
Expense ratio
0.52%
Benchmark
Benchmark
NIFTY Equity Savings TR INR
AUM
AUM
₹92 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
115.85%

PGIM India Equity Savings Fund Direct Plan Growth Distribution as on (31-Jan-24)

  • Equity 16.6%

  • Debt & Cash 83.4%

Sector Allocation

Jan'24

Dec'23

Nov'23

Financial Services
35.3%
Basic Materials
30.8%
Tech
10.5%
Consumer Defensive
8.8%
Industrial
6.8%
Communication
2.1%
Health
1.9%
Consumer Cyclical
1.9%
Energy
1.7%
Utilities
0.4%

Top Holdings of PGIM India Equity Savings Fund Direct Plan Growth as on (31-Jan-24)

  • Equity

  • Debt & Cash

Equity Holdings48
Debt Holdings5

PGIM India Equity Savings Fund Direct Plan Growth: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Jan'24
Dec'23
Nov'23
AUM
₹ 91.7 Cr
₹ 93.5 Cr
₹ 95.7 Cr
  • AUM of the fund stands at 91.7 Cr as of Jan'24
  • AUM decreased by 1.8 Cr between Jan'24 and Dec'23
Fund Portfolio Changes

PGIM India Equity Savings Fund Direct Plan Growth Fund Manager

Puneet Pal
Puneet Pal
Fund Manager of PGIM India Equity Savings Fund Direct Plan Growth, since 1 December 2021
Vinay Paharia
Vinay Paharia
Fund Manager of PGIM India Equity Savings Fund Direct Plan Growth, since 1 April 2023
A. Anandha Padmanabhan
A. Anandha Padmanabhan
Fund Manager of PGIM India Equity Savings Fund Direct Plan Growth, since 12 May 2022
Hitash Dang
Hitash Dang
Fund Manager of PGIM India Equity Savings Fund Direct Plan Growth, since 1 June 2021

PGIM India Equity Savings Fund Direct Plan Growth 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 9.15% since inception which is more than its category average return of 8.05%
Fund Allocations

Fund Allocations

This fund has an allocation of 16.62% in Equity, 15.53% in Debt and 67.86% 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 ₹ 1120 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 1.16%

Frequently Asked Questions

The current NAV of PGIM India Equity Savings Fund Direct Plan Growth is ₹50.14 as on 19-Feb-2024.
Existing (Absolute + CAGR) as on 19-Feb-2024.
PGIM India Equity Savings Fund Direct Plan Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.79%
0.79%
6 Month Returns
5.21%
5.21%
1 Year Returns
9.6%
9.6%
3 Years Returns
26.87%
8.26%
5 Years Returns
54.55%
9.1%
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0.52% as on January 2024
₹92 Cr as on January 2024
HDFC Bank Ltd(7.55%), Bajaj Finance Ltd(7.24%), 5.63% Govt Stock 2026(6.89%), JSW Steel Ltd(5.79%), 364 DTB 07032024(5.42%) as on January 2024
Cash Equivalent(67.86%), Government(15.53%), Financial Services(5.86%) as on January 2024
AAA
100
Puneet Pal, Vinay Paharia, A. Anandha Padmanabhan, Hitash Dang 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%