PGIM India Flexi Cap Fund Direct Growth

Equity
Direct
Flexi Cap
PGIM India Flexi Cap Fund Direct Growth

About the Fund

PGIM India Flexi Cap Fund Direct Growth is an equity fund. This fund was started on 4 March, 2015. The fund is managed by Puneet Pal, Vinay Paharia, A. Anandha Padmanabhan. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. PGIM India Flexi Cap Fund Direct Growth has ₹6315 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. The fund has an expense ratio 0.4.

Returns

PGIM India Flexi Cap Fund Direct Growth has given a CAGR return of 15.98% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 27.63%, 15.16% and 23.21% respectively.

Holdings

PGIM India Flexi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Tech, Health, Government, Consumer Defensive, Basic Materials, Energy, Utilities, Communication. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Reliance Industries Ltd, Varun Beverages Ltd, Tata Consultancy Services Ltd

Taxation

As it is a flexi cap mutual fund the taxation is as follows:
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
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of PGIM India Flexi Cap Fund Direct Growth

To generate income & capital appreciation by predominantly investing in an actively managed diversified portfolio of equity & equity related instruments including derivatives.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. PGIM India Flexi Cap Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
6423 people have invested ₹ 3.1Cr in PGIM India Flexi Cap Fund Direct Growth in the last three months

INDmoney Rank

Powered by IND quant engine
11
/18
33% Performance
29% Risk Management
99% Cost
11 out of 18 among flexi cap
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5Y returns in the top 25% of the category
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Beats FD returns for both 3Y & 5Y
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3Y returns in the bottom 25% of the category

Fund Overview

Expense ratio0.43%
Benchmark
S&P BSE 500 India TR INR
AUM₹6315 Cr
Inception Date4 March, 2015
Min Lumpsum/SIP₹5000/₹1000
Exit Load
0.5%
Lock InNo Lock-in
TurnOver
135.67%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 98.1%

  • Debt & Cash 1.9%

Large cap
65.3%

Mid cap
23.7%

Small cap
8.8%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
28.2%
Industrial
15.2%
Consumer Cyclical
12.9%
Tech
9.6%
Health
9.4%
Consumer Defensive
6.8%
Basic Materials
5.9%
Energy
4.5%
Utilities
3.7%
Communication
3.6%
All changes are between Apr'24 and Jun'24

Returns for the month of Jun

  • Gainers

  • Losers

Puneet Pal
Puneet Pal
Fund Manager of PGIM India Flexi Cap Fund Direct Growth, since 1 April 2023
Vinay Paharia
Vinay Paharia
Fund Manager of PGIM India Flexi Cap Fund Direct Growth, since 1 April 2023
A. Anandha Padmanabhan
A. Anandha Padmanabhan
Fund Manager of PGIM India Flexi Cap Fund Direct Growth, since 1 June 2021

Mutual Fund Insights

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In the last 1 year, Bank of India Flexi Cap Fund Direct Growth has given 71.49% return, outperforming this fund by 43.86%.
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In the last 3 years, JM Flexicap Fund (Direct) Growth Option has given 33.77% return, outperforming this fund by 18.61% per annum.
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Over the last 1 month, this fund has experienced a 44.4% drop in AUM moving from 10.55K Cr to 5.87K Cr.
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This fund has one of the lowest expense ratio in the category (flexi cap). Its expense ratio is 0.43% which is lower than the category average expense ratio of 1.17%.
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Over the last 3 months, this fund has increased expense ratio by 10.3% moving from 0.39 to 0.43.
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In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 35.58% return, outperforming this fund by 12.37% per annum.

PGIM India Flexi Cap Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 15.98% since inception which is less than its category average return of 21.63%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.12% in Equity, 0% in Debt and 1.88% in Cash related instruments
AUM size ₹6315 Cr

AUM size ₹6315 Cr

This fund has AUM of ₹6315 Cr which is less than its category average of ₹ 8107 Cr
Expense Ratio 0.43%

Expense Ratio 0.43%

This fund has an expense ratio of 0.43% which is less than its category average expense ratio of 1.35%

Frequently Asked Questions

The current NAV of PGIM India Flexi Cap Fund Direct Growth is ₹40.05 as on 11-Jul-2024.
Existing (Absolute + CAGR) as on 11-Jul-2024.
PGIM India Flexi Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
5.93%
5.93%
6 Month Returns
14.74%
14.74%
1 Year Returns
27.63%
27.63%
3 Years Returns
52.73%
15.16%
5 Years Returns
183.89%
23.21%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • 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.
0.43% as on June 2024
₹6315 Cr as on June 2024
ICICI Bank Ltd(7.15%), HDFC Bank Ltd(6.87%), Reliance Industries Ltd(4.49%), Varun Beverages Ltd(3.64%), Tata Consultancy Services Ltd(3.16%) as on June 2024
Financial Services(27.95%), Industrial(13.56%), Consumer Cyclical(13.08%) as on June 2024
The alpha ratio for the PGIM India Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
PGIM India Flexi Cap Fund Direct Growth
-8.51
-2.86
2.49
As on June 2024
The alpha for PGIM India Flexi Cap Fund Direct Growth is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the PGIM India Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
PGIM India Flexi Cap Fund Direct Growth
0.97
0.91
0.97
As on June 2024
The Beta for PGIM India Flexi Cap Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the PGIM India Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
PGIM India Flexi Cap Fund Direct Growth
1.46
0.73
0.87
As on June 2024
The sharpe ratio for PGIM India Flexi Cap Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the PGIM India Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
PGIM India Flexi Cap Fund Direct Growth
12.03
13.13
19.49
As on June 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.29 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Puneet Pal, Vinay Paharia, A. Anandha Padmanabhan are the fund managers of PGIM India Flexi Cap Fund Direct Growth
The Exit load of PGIM India Flexi Cap Fund Direct Growth is 0.5%