PGIM India Equity Savings Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl

PGIM India Equity Savings Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl is a hybrid fund. This fund was started on 25 April, 2014. The fund is managed by Anandha Padmanabhan Anjeneyan, Vinay Paharia, Puneet Pal. This fund gives you the benefit of diversification.

1. PGIM India Equity Savings Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl has ₹71 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
2. The fund has an expense ratio 0.5.
   

PGIM India Equity Savings Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl has given a CAGR return of 7.84% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.76%, 8.09% and 10.67% respectively.

PGIM India Equity Savings Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Financial Services, Basic Materials, Government, Energy, Industrial, Consumer Cyclical, Tech, Communication, Health, Consumer Defensive, Corporate.

As it is a equity savings mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

The investment objective of the scheme is to provide capital appreciation and income distribution to the investors by using equity and equity related instruments, arbitrage opportunities and investments in debt and money market instruments.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. PGIM India Equity Savings Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl has no lock in period.