PGIM India Flexi Cap Fund Direct Growth
Equity
Direct
Flexi Cap
NAV as on 21-10-2024
₹ 41.4
▲0.4%
1D
Inception Returns
16%
/yr
About PGIM India Flexi Cap Fund Direct Growth
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
- PGIM India Flexi Cap Fund Direct Growth has ₹6704 Cr worth of assets under management (AUM) as on Sep 2024 and is less than category average.
- 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 30.99%, 10.72% and 23.87% 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, Communication, Utilities, Real Estate. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Reliance Industries Ltd, Tata Consultancy Services Ltd, Varun Beverages 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 benefitDividends 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.
Historical NAV & Returns
Annualised
▲
▼
5898 people have invested ₹ 3Cr in PGIM India Flexi Cap Fund Direct Growth in the last three months
INDmoney Rank for PGIM India Flexi Cap Fund Direct Growth
Powered by IND quant engine
10
/20
39% Performance
27% Risk Management
99% Cost
10 out of 20 among flexi cap
5Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y
3Y returns in the bottom 25% of the category
PGIM India Flexi Cap Fund Direct Growth Overview
| Expense ratio | 0.42% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹6704 Cr |
| Inception Date | 4 March, 2015 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 0.5% |
| Lock In | No Lock-in |
TurnOver | 81.19% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (21-Oct-24)
Fund Distribution
as on (30-Sep-24)
Large cap
59.9%
Mid cap
28.7%
Small cap
8.6%
Sector Allocation
Financial Services
27.8%
Industrial
13.6%
Consumer Cyclical
13.6%
Tech
11.2%
Health
9.2%
Consumer Defensive
6.8%
Basic Materials
6.6%
Energy
4.1%
Communication
3.3%
Utilities
3.2%
Real Estate
0.7%
All changes are between Jul'24 and Sep'24
- This fund’s returns stands at 2.78% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.04% as on Sep'24
- This fund outperformed Nifty 500 by 0.74% in Sep'24
- AUM of the fund stands at 6.7K Cr as of Sep'24
- AUM increased by 141.6 Cr between Sep'24 and Aug'24
Top Stocks bought last month
Zomato Ltd's allocation increased from 1.95% to 2.34%
Endurance Technologies Ltd's allocation increased from 0.52% to 0.81%
Brigade Enterprises Ltd's allocation increased from 0.42% to 0.67%
Top Stocks sold last month
Reliance Industries Ltd's allocation decreased from 4.17 % to 3.99 %
Varun Beverages Ltd's allocation decreased from 5.26 % to 3.19 %
Persistent Systems Ltd's allocation decreased from 2.85 % to 2.53 %
Small Cap allocation has gone down from 11% to 8.6%
Mid Cap allocation has gone up from 26.2% to 28.7%
Large Cap allocation has gone down from 60.6% to 59.9%
Cash allocation has gone down from 1.6% to 1.6%
Debt allocation has gone up from 0% to 0.2%
Top 3 Sectors in September were Financial Services, Industrial & Consumer Cyclical
Sep'24
Financial Services
28%
Industrial
14%
Consumer Cyclical
14%
Aug'24
Financial Services
27%
Industrial
14%
Consumer Cyclical
14%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Blue Star Ltd | 8.3% |
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Puneet Pal
Fund Manager of PGIM India Flexi Cap Fund Direct Growth, since 1 April 2023
Top funds managed
Vinay Paharia
Fund Manager of PGIM India Flexi Cap Fund Direct Growth, since 1 April 2023
Top funds managed
A. Anandha Padmanabhan
Fund Manager of PGIM India Flexi Cap Fund Direct Growth, since 1 June 2021
Top funds managed
Fund House
PGIM India Asset Management Private Limited
Total Schemes
Total AUM
₹26.36K Cr
as on 30-Sep-2024
Address
PGIM India Asset Management Private Limited,Nirlon House, 2nd Floor,,Dr. Annie Besant Road,,Worli,
Phone
+912271584300
Website
mailmanager@karvy.com
Mutual Fund Insights
In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 35.51% return, outperforming this fund by 11.64% per annum.
This fund has one of the lowest expense ratio in the category (flexi cap). Its expense ratio is 0.42% which is lower than the category average expense ratio of 1.15%.
Over the last 6 months, this fund has experienced a 32.8% drop in AUM moving from 9.97K Cr to 6.70K Cr.
In the last 3 years, JM Flexicap Fund (Direct) Growth Option has given 26.61% return, outperforming this fund by 15.9% per annum.
In the last 1 year, Motilal Oswal Flexicap Fund Direct Plan Growth has given 59.72% return, outperforming this fund by 28.73%.
Over the last 1 year, this fund has increased expense ratio by 7.7% moving from 0.39 to 0.42.
PGIM India Flexi Cap Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
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 21.23%
Fund Allocations
This fund has an allocation of 98.23% in Equity, 0.16% in Debt and 1.61% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is less than its category average of ₹ 9126 Cr
Expense Ratio 0.42%
This fund has an expense ratio of 0.42% which is less than its category average expense ratio of 1.34%
Frequently Asked Questions for PGIM India Flexi Cap Fund Direct Growth
The current NAV of PGIM India Flexi Cap Fund Direct Growth is ₹41.4 as on 21-Oct-2024.
Existing (Absolute + CAGR) as on 21-Oct-2024.
PGIM India Flexi Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -2.37% | -2.37% |
6 Month Returns | 15.97% | 15.97% |
1 Year Returns | 30.99% | 30.99% |
3 Years Returns | 35.72% | 10.72% |
5 Years Returns | 191.67% | 23.87% |
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0.42% as on September 2024
₹6704 Cr as on September 2024
ICICI Bank Ltd(6.91%), HDFC Bank Ltd(6.65%), Reliance Industries Ltd(3.99%), Tata Consultancy Services Ltd(3.76%), Varun Beverages Ltd(3.19%) as on September 2024
Financial Services(27.28%), Industrial(13.35%), Consumer Cyclical(13.33%) as on September 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 | -3.15 | -3.31 | 2.84 |
As on September 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 | 0.94 | 0.91 | 0.96 |
As on September 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 | 2.09 | 0.61 | 1 |
As on September 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 | 11.54 | 12.71 | 18.95 |
As on September 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 1.04 as on September 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%