PGIM India Midcap Fund Direct Growth

PGIM India Midcap Fund Direct Growth

Equity

PGIM Mutual Fund

Mid-Cap

Get the latest NAV of PGIM India Midcap Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹73.23

▼-1.2%1D

NAV as on 19 Jun 2025

18.82%/per year

Since Inception

Absolute Gain%

▲▼

19907 people have invested ₹ 10.1Cr in PGIM India Midcap Fund Direct Growth in the last three months

PGIM India Midcap Fund Performance vs. Nifty Midcap 150

Fund returns vs Benchmark returns vs Category Average returns as on (19-Jun-25)

The fund has outperformed the benchmark (Nifty Midcap 150) over 1Y, 5Y, but underperformed over 3Y.

Period
This Fund
Nifty Midcap 150
Category Avg
1 Month
1.37%
0.14%
0.72%
3 Months
10.02%
11.56%
11.07%
6 Months
-2.2%
-2.54%
-3.56%
1 Year
4.11%
2.09%
2.65%
3 Years
20.77%
29.09%
27.69%
5 Years
30.54%
30.51%
29.11%

PGIM India Midcap Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

9
/19
42% Performance
57% Risk Management
94% Cost

Ranked 9 out of 19 mutual funds in the mid-cap category as per INDmoney.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
PGIM India Midcap Fund
9/19
11,052Cr
0.46%
4.11%
20.77%
18.82%
HDFC Mid Cap Opportunities Fund Direct Growth
1/19
79,718Cr
0.77%
6.17%
33.14%
21.26%
Edelweiss Mid Cap Fund Direct Growth
2/19
10,028Cr
0.4%
10.18%
33.43%
22.53%
Motilal Oswal Midcap Fund Direct Growth
3/19
30,401Cr
0.7%
8.54%
36.98%
23.99%
See all
Positive: Beats FD returns for both 3Y & 5Y
Beats FD returns for both 3Y & 5Y
Negative: 3Y returns in the bottom 25% of the category
3Y returns in the bottom 25% of the category

PGIM India Midcap Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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PGIM India Midcap Fund Asset Allocation

See fund asset allocation details as on (14-Jun-25)

Fund Distribution

as on (14-Jun-25)

Equity 97.1%

Debt & Cash 2.9%

Mid cap
67.3%
Large cap
21.7%
Small cap
8.1%
Mid Cap allocation has gone up from 66.6% to 67.3%
Mid Cap allocation has gone up from 66.6% to 67.3%
Large Cap allocation has gone up from 21.4% to 21.7%
Large Cap allocation has gone up from 21.4% to 21.7%
Small Cap allocation has gone down from 8.3% to 8.1%
Small Cap allocation has gone down from 8.3% to 8.1%
Cash allocation has gone down from 3.5% to 2.7%
Cash allocation has gone down from 3.5% to 2.7%
Debt allocation has gone down from 0.2% to 0.2%
Debt allocation has gone down from 0.2% to 0.2%

PGIM India Midcap Fund Sector Allocation

See fund sector allocation details as on (14-Jun-25)

Sector Allocation

Equity 97.1%

Debt & Cash 2.9%

Industrial
18.8%
Financial Services
17.9%
Consumer Cyclical
17.8%
Tech
11.9%
Health
11.3%
Basic Materials
10.2%
Communication
3.9%
Consumer Defensive
3.9%
Real Estate
3%
Utilities
1.1%

Top 3 Sectors in May were Industrial, Financial Services & Consumer Cyclical

May'25

Industrial

20%

Financial Services

19%

Consumer Cyclical

19%

Apr'25

Industrial

19%

Financial Services

19%

Consumer Cyclical

19%

PGIM India Midcap Fund Holdings Details

as on (31-May-25)

Equity

Debt & Cash

Top Stocks bought last month
Solar Industries India Ltd's allocation increased from 3.84% to 4.5%
Solar Industries India Ltd's allocation increased from 3.84% to 4.5%
Max Financial Services Ltd's allocation increased from 2.37% to 2.61%
Max Financial Services Ltd's allocation increased from 2.37% to 2.61%
Timken India Ltd's allocation increased from 0.81% to 0.99%
Timken India Ltd's allocation increased from 0.81% to 0.99%
Top Stocks sold last month
Max Healthcare Institute Ltd Ordinary Shares's allocation decreased from 3.65 % to 3.59 %
Max Healthcare Institute Ltd Ordinary Shares's allocation decreased from 3.65 % to 3.59 %
Dixon Technologies (India) Ltd's allocation decreased from 5.26 % to 3.08 %
Dixon Technologies (India) Ltd's allocation decreased from 5.26 % to 3.08 %
Mankind Pharma Ltd's allocation decreased from 2.15 % to 2.06 %
Mankind Pharma Ltd's allocation decreased from 2.15 % to 2.06 %

PGIM India Midcap Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.46%
Benchmark
Nifty Midcap 150 TR INR
AUM₹11052 Cr
Inception Date2 December, 2013
Min Lumpsum/SIP₹5000/₹1000
Exit Load
0.5%
Lock InNo Lock-in
TurnOver
71.06%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

About PGIM India Midcap Fund

PGIM India Midcap Opportunities Fund is a mutual fund scheme that focuses on investing in mid-sized companies with high growth potential. The fund invests heavily in mid-cap stocks such as IDFC First Bank, Bharat Forge and Ashok Leyland.

According to the investment objective and asset allocation, the fund mostly invests in midcap equities. The Fund Manager will choose equities securities on a stock-by-stock basis, taking into account price-to-earnings, price-to-book, and price-to-sales ratios, as well as growth, margins, asset returns, and cash flows, among other factors.

Stocks are chosen based on factors such as the company's historical and current financial condition, potential value creation/unlocking and its impact on earnings growth, capital structure, business prospects, policy environment, management strength among others.

Key Parameters

  1. PGIM India Midcap Fund Direct Growth has ₹11052 Cr worth of assets under management (AUM) as on May 2025 and is less than category average.
  2. The fund has an expense ratio 0.5.

Returns

PGIM India Midcap Fund Direct Growth has given a CAGR return of 18.82% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 4.11%, 20.77% and 30.54% respectively.

Holdings

PGIM India Midcap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Consumer Cyclical, Health, Basic Materials, Tech, Government, Consumer Defensive, Communication, Real Estate, Utilities. Its top holdings are Solar Industries India Ltd, Max Healthcare Institute Ltd Ordinary Shares, Dixon Technologies (India) Ltd, JK Cement Ltd, Persistent Systems Ltd

Taxation

As it is a mid-cap mutual fund the taxation is as follows:
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
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of PGIM India Midcap Fund Direct Growth

The primary objective of the Scheme is to achieve long-term capital appreciation by predominantly investing in equity & equity related instruments of mid cap companies.

Minimum Investment and lockin period

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

Fund Manager

Vinay Paharia

Fund Manager of PGIM India Midcap Fund Direct Growth, since 1 April 2023

Puneet Pal

Fund Manager of PGIM India Midcap Fund Direct Growth, since 16 July 2022

Learn more about PGIM Mutual Fund
Parameters
May'25
Apr'25
Mar'25
AUM
₹ 11.1K Cr
₹ 10.6K Cr
₹ 10.3K Cr
  • AUM of the fund stands at 11.1K Cr as of May'25
  • AUM increased by 449.9 Cr between May'25 and Apr'25

Compare PGIM India Midcap Fund

PGIM India Midcap Fund

VS

HDFC Mid Cap Opportunities Fund Direct Growth

Frequently Asked Questions for PGIM India Midcap Fund Direct Growth

How do I invest in PGIM India Midcap Fund?

INDmoney makes it simple to invest in the PGIM India Midcap Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘PGIM India Midcap Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of PGIM India Midcap Fund?

The NAV of the fund today is ₹73.23. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

PGIM India Midcap Fund fund has generated a return of 4.11% in 1 year, 20.77% in 3 years, 30.54% in 5 years.

Who is the fund manager of PGIM India Midcap Fund?

The fund managers are Vinay Paharia, Puneet Pal.

What is the exit load of the fund?

The exit load is 0.5% if redeemed in 0-90 Days. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.46%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹11052 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of PGIM India Midcap Fund?

The top 3 holdings of the fund are Solar Industries India Ltd(4.5%), Max Healthcare Institute Ltd Ordinary Shares(3.59%), Dixon Technologies (India) Ltd(3.08%)