PGIM India Large and Mid Cap Fund Direct Growth

Equity
Direct
Large & Mid-Cap
PGIM India Large and Mid Cap Fund Direct Growth

About the Fund

PGIM India Large and Mid Cap Fund Direct Growth is an equity fund. This fund was started on 12 February, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. PGIM India Large and Mid Cap Fund Direct Growth has ₹467 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. The fund has an expense ratio 0.6.

Returns

PGIM India Large and Mid Cap Fund Direct Growth has given a CAGR return of 18.00% since inception.

Holdings

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

Taxation

As it is a large & mid-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 Large and Mid Cap Fund Direct Growth

The investment objective of the Scheme is to seek long term capital growth through investments in equity and equity related securities of predominantly large cap and mid cap stocks. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/ indicate any returns.

Minimum Investment and lockin period

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

Fund Performance
zero opening, trading, fund transfer fee
281 people have invested ₹ 14.8L in PGIM India Large and Mid Cap Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.63%
Benchmark
S&P BSE 200 India TR INR
AUM₹467 Cr
Inception Date12 February, 2024
Min Lumpsum/SIP₹5000/₹1000
Exit Load
0.5%
Lock InNo Lock-in
TurnOver
0%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 96.5%

  • Debt & Cash 3.5%

Large cap
54.3%

Mid cap
36.2%

Small cap
4.7%

Sector Allocation

Jun'24

May'24

Apr'24

Financial Services
26.3%
Industrial
15.3%
Consumer Cyclical
14.8%
Tech
9.8%
Health
9.2%
Basic Materials
7.1%
Energy
5.2%
Communication
4.6%
Consumer Defensive
4.3%
Utilities
2.2%
Real Estate
1%

Returns for the month of Jun

  • Gainers

  • Losers

Top Growth Drivers
1M Return
Max Healthcare Institute Ltd
Max Healthcare Institute Ltd
2.5%

PGIM India Large and Mid 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 returns of 18% since inception (12nd Feb 2024)
Fund Allocations

Fund Allocations

This fund has an allocation of 96.55% in Equity, 0% in Debt and 3.45% in Cash related instruments
AUM size ₹467 Cr

AUM size ₹467 Cr

This fund has AUM of ₹467 Cr which is less than its category average of ₹ 7161 Cr
Expense Ratio 0.63%

Expense Ratio 0.63%

This fund has an expense ratio of 0.63% which is less than its category average expense ratio of 1.38%

Frequently Asked Questions

The current NAV of PGIM India Large and Mid Cap Fund Direct Growth is ₹11.75 as on 23-Jul-2024.
Existing (Absolute + CAGR) as on 23-Jul-2024.
PGIM India Large and Mid Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.7%
2.7%
6 Month Returns
0%
0%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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.
0.63% as on June 2024
₹467 Cr as on June 2024
ICICI Bank Ltd(7.08%), Reliance Industries Ltd(5.07%), HDFC Bank Ltd(4.64%), Axis Bank Ltd(4.13%), Tata Consultancy Services Ltd(2.98%) as on June 2024
Financial Services(25.42%), Industrial(14.82%), Consumer Cyclical(14.33%) as on June 2024
The alpha ratio for the PGIM India Large and Mid Cap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
PGIM India Large and Mid Cap Fund Direct Growth
-
-
-
As on June 2024
The alpha for PGIM India Large and Mid Cap Fund Direct Growth is calculated against S&P BSE 200 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 Large and Mid Cap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
PGIM India Large and Mid Cap Fund Direct Growth
-
-
-
As on June 2024
The Beta for PGIM India Large and Mid Cap Fund Direct Growth is calculated with S&P BSE 200 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 Large and Mid 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 Large and Mid Cap Fund Direct Growth
-
-
-
As on June 2024
The sharpe ratio for PGIM India Large and Mid Cap Fund Direct Growth is calculated with S&P BSE 200 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 Large and Mid 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 Large and Mid Cap Fund Direct Growth
-
-
-
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.
The Exit load of PGIM India Large and Mid Cap Fund Direct Growth is 0.5%